Video: Ask Petersen Hastings – Is now a good time to work with a financial advisor?

Ask PH

In this installment of Ask Petersen Hastings, Wealth Advisor, John Keyes, addresses why one should work with a financial advisor. Here’s what you need to know! 

Is now a good time to work with a financial advisor?

Video Transcript:

Hi, my name is John Keyes, Wealth Advisor at Petersen Hastings.  

With all the changes in the world that 2020 has brought us, many people are asking, “Is now a good time to work with a financial advisor?”  

Well, whether you are considering to begin working with a financial advisor or if you are already working with one, I believe any time is the right time.  

When there is uncertainty in the stock market, unknowns in the economy, or the world is experiencing something out of the norm, a financial advisor can act as solid foundation to keep you on track with your financial goals.  When the market is going up, there is little volatility, or life seems like smooth sailing, a financial advisor is there to help prepare you for the uncertainties that the future holds.  

Financial advisors may be able to help you in a number of different ways, not just with your investments.  He or she can act as a financial planner or educator, assisting you with habit building, self-control, and peace of mind by building an executable plan.  

If you are considering working with a financial advisor, it is important to understand his or her role in your finances.  Discuss what services are offered, what the relationship will look like, and how the advisor is compensated.  

My advice is to look for an advisor that you can trust and that will provide value to your financial situation. And remember, a financial advisor can only help you going forward. They can’t change any prior decisions before working with them.

If you would like to have a conversation about your personal financial situation or would like a second look at your portfolio, please feel free to reach out to me using the information provided below.

Take care.