Welcome to another episode of Ask Hilary, where we tackle money questions people are asking our advisors and the internet. Today, Hilary is digging into a question that our team gets asked regularly–and with good reason!–when we’re getting to know potential clients: Is paying an advisory fee really worth it—especially when I could manage things myself or pay hourly for a plan?To answer this question, Hilary offers some clarification about simple vs. complex financial situations, and who benefits most from comprehensive financial services. She also shares examples of the work we do for our clients all year long–plus the potential cost of financial mistakes as your net worth grows.Listen in to hear what Hilary has learned over her decades of experience in finance, and get the human-centric perspective that ChatGPT and Google search results just can’t provide. Here’s what you’ll learn in this week’s episode of Love, your Money:<ul><li>01:41 Today’s question: Is paying an advisory fee really worth it—especially when I could manage things myself or pay hourly for a plan?</li><li>02:30 Navigating fork-in-the-road decisions in your life, when financial need shift from simple to complex, and why we don’t offer one-time plans</li><li>07:33 Simple vs complex financial lives–and the opportunity cost of mistakes with increasingly detailed financial ecosystems</li><li>10:05 The services our advisory team provides clients within their comprehensive financial plan and support system</li><li>13:10 The value of a trusting relationship with a financial professional and advice that always prioritizes your best interest </li></ul>Show Notes To get access to the full show notes, including all the resources mentioned, visit: <a href='https://hendershottwealth.com/podcast/ask-hilary-advisory-fee'>https://hendershottwealth.com/podcast/ask-hilary-advisory-fee</a> Follow Hilary on:<a href='https://www.linkedin.com/in/hilarytheCFP'>LinkedIn</a> <a href='https://www.instagram.com/hendershottwealth'>Instagram</a><a href='https://www.youtube.com/c/HilaryHendershott/videos'>YouTube</a>  Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.

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292: Ask Hilary: Is Paying an Advisory Fee For Ongoing Financial Support Really Worth It?

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