300: Are Financial Advisors Worth It? The Real Value (After Fees)

If you’ve ever searched, “Are financial advisors worth it?” you’ve probably seen the same advice: “You get market returns minus the fee.” So why pay for help? In this episode, I explain what often gets missed in that conversation — especially for high earners and people with more complex financial lives. Key Takeaways 0:00 Introduction 1:19 Are financial advisors worth it? 1:37 The common misconception about fees 2:17 The biggest costs are invisible 2:48 Why advice matters more as wealth grows 3:56 Where good advice creates real value 4:58 The cost of one bad decision 5:46 The emotional return of good advice 5:57 Not all advice is the same 6:44 Final thoughts Show Notes To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/high-quality-financial-advisor Follow Hilary on: LinkedIn Instagram YouTube 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.