When Should You Pay for Advice?

For investors with less time or knowledge to manage their investment portfolio, it might be wise to consult an independent adviser

Robert van den Oever 20 May, 2021 | 11:48AM
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Financial advisors meeting with clients

Active investors are keen on managing their investment portfolio themselves: they like to make their own decisions and compose the portfolio on their own merit. For these individuals, it’s almost a sport to try to beat the market and outsmart others.

But not all investors are willing to dedicate so much time and attention to their portfolio. Many investors are not able or willing to get so involved and are mainly interested in the results of their investments, not the journey to get there. In that case, it can be wise to let an independent adviser figure out the best solution for your individual financial situation.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Robert van den Oever  is Research Editor of Morningstar Benelux

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