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Anonymous

18 Apr 2019

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How do I know when I need to hire a financial advisor?

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Ashley Wong

13 Apr 2019

Financial Assistant at Multi Management & Future Solutions

You can look for a financial advisor in the following cases:

You’re young and little confused where to start.
You are experiencing a major life event such as graduation, marriage or having kids.
You are lacking time to manage your money on your own.
Financial issues keep you stressed all night along. You need some good solution.
You have saved $500,000 in assets and want a comprehensive plan for future investment.

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How much do you actually need to hire a financial advisor? Like how much do they charge and how much money should you have before it makes sense to hire one?

I have just come to know about Robo Advisors. Would like to ask if Robo Advisors or Financial Advisors would be a better choice?

What is the AUM (Assets under management) a Robo-Advisor will truly need in order to breakeven and turn a profit, so we can know that robo-advisors are ultimately truly self-sustainable?

Is it cheaper to invest using a roboadvisor as compared to hiring a financial advisor?

How do I know how much money I need and start setting financial goals?

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