Some people do, of course, manage their own personal finances without professional assistance. But that doesn't mean it's in their best financial interest or that optimal results have been achieved. There are five reasons to work with an advisor:
Why? Most individual investors gravitate toward the next “hot” investment and let emotions rule their portfolio. The goal of our approach at Regal Wealth Advisors is to take the emotion out of investing in order to capture market returns while minimizing volatility.
The title financial advisor is a loosely defined (and as a result, easily utilized) term. Legally, there are no education or experience requirements necessary before calling oneself a "financial advisor". (The same is true of "financial planner".) That is why the Certified Financial Planner's CFP® designation is so well-respected, and sought out. CFP® professionals have completed extensive training and experience requirements, must comply with ongoing education requirements to maintain there expertise, and are bound to rigorous ethical standards. They understand all the complexities of the changing financial climate and will make recommendations in your best interest.
We believe our clients work with us because we are:
Let's talk. We enjoy meeting with new friends . . . and we are pleased to serve as a sounding board or provide a second opinion for your financial concerns.
(1) DALBAR Quantitative Analysis of Investor Behavior 2015. DALBAR’S year Quantitative Analysis of Investor Behavior (QAIB) study examines real investor returns from equity, fixed income and money market mutual funds from January 1984 through December 2014. The study was originally conducted by DALBAR, Inc. in 1994 and was the first to investigate how mutual fund investors’ behavior affects the returns they actually earn. Past performance is no guarantee of future results. Indexes cannot be invested into directly.