A financial advisor can help you gain the knowledge and confidence you need to build long‐term wealth and conquer the seemingly daunting task of investing.
According to a recent study, 80 per cent of Canadian mutual fund investors rely on their financial advisors for investment information, and 90 per cent use their financial advisor’s help when making investment decisions. Other research confirms that financial advisors help people increase their wealth and shows that the longer people have advice, the more their investments grow.
A financial advisor can help you identify your financial needs and goals; understand how much financial risk you’re willing and able to handle; build a financial plan to achieve your goals; develop the savings habits you need to stick to your plan; and advise on which financial products are best suited to your goals and comfort with risk. Depending on their training and certification, advisors may recommend various types of investment or insurance products. Some are paid for the services they provide through commissions on the products you purchase, while others charge a separate annual fee for their services. For example, mutual funds often include a commission but are also available at lower fee levels for do‐it‐yourself investing or for those who prefer to pay their advisor directly.
Complete Wealth Management Plan
A strong financial future is about more than just an investment portfolio. RapportWEALTH can assist you in making a full financial plan. It can be daunting to look at the whole picture in a time with such uncertainty however our RapportWEALTH team members have the expertise required to guide you from meeting your current obligations to achieving your future goals. A comprehensive financial plan can ease your mind, put meeting your goals on autopilot and create a level of control when you feel like you don’t have any.
Focus on the Long-Term
It is easy to lose focus on the long-term when we are living through such uncertainty. Working with an advisor can help you keep your emotions in check and focus on the long-term plan. RapportWEALTH can create a well-diversified plan within your risk tolerance and then continue to support you in staying the course. Working with an advisor can make all the difference in managing the emotional rollercoaster of the current economic environment. At RapportWEALTH we are here to help you make sense of your money.