Why do some people hire financial advisors and others do not?
- Typically, the characteristics of people who choose not to hire a professional to assist them with their individual set of needs are
- Time – They have time to spend on their respective task(s).
- Aptitude – They have the unique skills needed to accomplish their desired task(s).
- Desire – They enjoy spending their time accomplishing the task(s).
If at any time, one of these three elements are no longer present in one’s life, they likely will choose to hire and delegate to a financial advisor.
This delegation allows them to spend their time in other ways that they so choose.