When it’s worthwhile paying for a financial advisor

BusinessTech said:
When it’s worthwhile paying for a financial advisor

The majority of South Africans still pay a financial advisor primarily to help them choose a fund or fund manager - a broker commission that's not always well spent according to Steven Nathan, CEO of 10X Investments.
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Almost never..

Rather pay an upfront fee for advice and go then DIY route.

Most fund managers call centers will help with forms etc so no need to be intimidated.
Paying someone fees for doing bugger all after you initially meet is crazy.
 
In the age of Google, the answer is rarely ever unless it involves some pretty specific scenarios.
 
When you really don't know what you're doing. I've seen people adopt a eyes closed and hope for the best approach to investing so sometimes it's better to just hand over control to someone else even if that does mean paying fees
 
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