When Should I Get a Financial Advisor?
Take control before life takes control for you.
Financial planning is a critical aspect of building the life you want, but waiting until you’re in position in which you have to make financial decisions can be overwhelming and stressful.
For many women, financial planning often takes a back seat until a significant life event—such as divorce, widowhood, or a sudden financial crisis—forces them to take action. Too often, women find themselves excluded from financial conversations, whether by societal norms, family dynamics or their own hesitation or avoidance.
So, when should you talk to a financial advisor? The short answer is, before life forces you into a corner.
Here’s why taking control now is the best way to empower yourself and ensure you’re building the life you want, on your terms, so you can flourish in financial confidence.
1. Proactive Financial Planning: Building the Life You Want
Taking control of your finances before a major life event is one of the most empowering steps you can take. By working with a financial advisor early on, you can set clear financial goals, build a strong financial foundation, and create a plan to achieve those goals. Whether it’s planning for retirement, saving for your children’s education, or investing in your future, proactive financial planning allows you to make informed decisions that align with your values and aspirations as well as to help you prepare for life’s ‘what ifs’.
2. Navigating Life’s Transitions with Confidence
Life is full of transitions—some expected, others not. Divorce, widowhood, or even the sudden and unexpected financial complexities of a growing business can often be emotionally and financially challenging experiences. When these events occur, many women find themselves thrust into the position of having to take significant financial decisions quickly, often without the necessary knowledge or support. By establishing a relationship with a financial advisor before these events happen, you can navigate these transitions with confidence, knowing you have a trusted professional by your side to guide you through the complexities.
3. Avoiding the Pitfalls of Financial Inaction
Avoiding financial decisions until you’re forced to act can lead to missed opportunities and costly mistakes. Whether it’s not investing early enough, neglecting to plan for taxes, or not having an estate plan in place, delaying financial planning can have long-term consequences. A financial advisor can help you avoid these pitfalls by creating a comprehensive financial plan that addresses your current situation and future needs. Don’t miss out on opportunities to get your money working for you.
4. Breaking the Silence: Women and Financial Conversations
It’s no secret that women have historically been left out of financial conversations. This exclusion has contributed to a lack of confidence in managing money and taking financial decisions. But the tide is turning, and more women are taking charge of their financial futures. Working with a financial advisor can help you break the silence, build your financial literacy and empower you to participate fully in financial conversations.
5. Knowing When It’s Time to Get Help
So, when should you reach out to a financial advisor? Here are some signs that it might be time:
- You’re going through a major life transition (divorce, widowhood, inheritance, etc.).
- You feel overwhelmed by financial decisions and unsure where to start.
- You want to ensure you’re on track to meet your financial goals.
- You’re looking for guidance on investing, retirement planning, or tax strategies.
- You want to take a proactive approach to building your wealth and securing your financial future.
If any of these resonate with you, now is the time to take action.
Take the First Step Today
Taking control of your finances is one of the most empowering things you can do for yourself. Don’t wait until life forces you to act—start now. To help you get started, download this free resource on how to get started working with a financial advisor. This guide will walk you through everything you need to know, from choosing the right advisor to understanding the questions you should ask.
Download the Free Guide Here and take the first step towards financial confidence and independence.