FidelityConnects

Why work with a financial advisor? - Andrew Clee and Michelle Munro

June 13, 2021

Dave Bushnell, SVP of Advisor Distribution, Andrew Clee, VP of Product, and Michelle Munro, Director of Tax and Research, discuss how working with a financial advisor over time can create up to 2.3x more wealth*, and strategies that have strong return on potential investment. Advice from an advisor adds value: personalized investment strategy for the long term, guidance on major financial decisions, the encouraging of good financial habits, finding tax-efficient solutions, and offering support in times of market volatility.

Recorded on June 3, 2021.

*Source: More on the Value of Financial Advisors, by Claude Montmarquette and Alexandre Prud’Homme, CIRANO, 2020. The average household with a financial advisor for 15 years or more had asset values 2.3x higher than an average “comparable” household without a financial advisor.