Every time you consider making a purchase, what you’re really doing is evaluating the ROI – the return on investment, which can be simplified to: cost vs value. Is the cost of the professional worth the difference between what your repainted walls would look like if you attempted it instead of them?
This same evaluation of ‘cost vs value’ can be used to determine if hiring a financial advisor is a worthwhile investment.
- Will the value received justify the fees?
- Will the advisor's investment performance exceed what could be achieved without an advisor?