Planning your financial future has always been a top priority, but recent events associated with the COVID-19 Pandemic has truly underscored the importance of our financial security. While there are many things you can do on your own (investing in a 401K, creating an emergency fund, etc.), you will never be able to replicate the advice that a qualified financial advisor can give you.

Below are just some of the top benefits that a financial advisor can bring you to your financial future:

Expertise

No matter the industry, expertise matters. If your faucet is broken, you want a plumber who knows what they’re doing to fix it. Your finances are the same way. A financial advisor knows the ins and outs of the market, as well as the best ways to achieve your financial goal.

Discipline

Many of us are sensitive when it comes to how our money is handled, but that kind of emotional investment can often cloud our judgment. A financial advisor has the long-term perspective and discipline necessary to make the right decisions, even in the worst of times.

Coordination

Depending on your financial situation, you may have multiple people working to keep your finances straight (e.g. tax preparers, attorneys, etc.). It can be difficult to keep all of these working parts straight. However, a financial advisor can coordinate with your current team, keeping others in check while finding the best opportunities for your financial interests.

Higher ROI

Finally, perhaps the most important reason to hire a financial advisor is your return on investment (ROI). Hiring a financial advisor can help save you money and earn you money. As such, whatever expenses are required to pay your financial advisor will be more than made up for in the long run.

First State Investment Advisors is Tulsa’s premier financial management company. To learn how we can help grow your savings and your retirement fund, contact us today.