What Difference Can An Advisor Make For You?

When entering the financial market, one could easily be overwhelmed by the sheer number of financial products and the nonplussing financial lexicon. One could easily get lost in the dense web of finding the right product for their specific goals and time frames. And for someone who has multiple goals to achieve with their limited resources, researching to find just the right product could be quite time and energy-consuming.

It is to avoid issues when a Financial Advisor comes in to ease your experience and increase the achievability of your specific goal(s).It takes years of studying and experience to honestly know the financial markets and products, which a financial advisor has put in so you don’t have to go through the troubles.

The benefits you get from a financial advisor are multifold: diversification, proactive retirement planning, rebalancing, and a competitive return on investment (ROI).The higher rate of return that investing with a financial advisor offers could mean a world of difference in terms of what you get at the end of a given time frame and money as compared to going with the average rate of growth.

For example, let's take investor A who is willing to invest 2000 per month. If he invests on his own and gets an average return on his investment which is around 12% p.a. for the last 10 years, he could have around 4.5 lakhs at the end of 10 years investing a total of 2.4 lakhs.

However, if the same person A invests with a Financial Advisor X who can get him an ROI of 18% p.a. A could get around 6.2 lakhs in the same period of time and the same amount of investment. That is how getting a Financial Advisor could give you an edge over the market and help you gain more by doing less. This difference between the two cases increases exponentially with increasing principal and/or a wider time frame. This difference of around 1.7 lakhs at the end of 10 years could increase up to 19.8 lakhs at the end of a period of 20 years. And that could make a considerable amount of difference not just on one’s life/financial goals but also on one’s peace of mind.

"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for." - Robert Kiyosaki