Benjamin Felix

Having industry experts stay on top of emerging financial research, tax code updates, insurance products, and other changes that might be relevant to me means less things I need to do myself

Sure, I have the basics covered, but beyond that, is there a new tax credit I should be taking advantage of?

Do I have the right set of insurance products at the right levels of coverage?

Is there a new financial research that indicates I should be considering a change in my strategy?

Does my will offer the asset protection?

I think it does.

It could be a full-time job just trying to stay on top of everything that could be relevant to me.

A whole team who does this for a living and will get in touch when new information might apply to my situation sounds better than trying to do it myself poorly.

The next point is dealing with life events, extending that last point when big life events happen, particularly unexpected ones.

I also have a trusted advisor who can help me make good decisions, particularly in stressful times.

Do I know I'm getting good quotes the next time I renew the mortgage?

How do my wife and I best handle the inheritance windfalls coming our way in the next 10 to 15 years if one of us dies prematurely?

How does the other plan for the rest of their financial life?

The next point is objective third-party advice.

I'm pretty sure I've made every investing mistake you can make in the past, so I feel fairly confident I won't make those ones again, but I'll make new ones.

I'm not immune to doubt as market conditions change.

I remember 2008, but I had such a small amount invested back then.

I can't call how I'll react the next drop like that.

Having a steady hand there to keep me on course isn't the first benefit I think of, but I've worked with a personal trainer in the past and saw pretty directly how having someone for accountability can keep me on track.

So I trust that will apply here too.