How much does financial advice cost?
If you need financial advice, how much should you expect to pay for it? Of course, the cost is what you pay, but value is what you receive. The value needs to exceed the cost for it to be worthwhile. So, how do you assess the value of financial advice?Whilst the answers to these questions can vary significantly, we must take into account that value assessments can be subjective, and I wanted to share my insights to help people with this analysis.Financial advice fees create tensionOn one hand, the lower the financial advisory fee you pay, the more money you save to invest and that has to…
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