Is it worth hiring a financial planner?

Financial planner

People are often uncertain about hiring a financial planner. They wonder if hiring a financial planner is worth their money.

How we manage our finances now has a significant impact on our future. After all, isn’t your long-term goal is to save more money, not spend it? Do you know what you’re doing? If you do, that’s good, and if you don’t, you should certainly be mindful of your spending habits. Hiring a financial planner could end up saving you tons of money and making you even more in the long-run.

Who benefits from these financial planners?

Are financial planners worthy for everyone or a select few?

Most people in India argue that financial planning services, though steadily gaining popularity, are just suited for the few rich people who don’t have to go through a common man’s everyday troubles.

Well, that’s not true. Read on to find out how you can benefit from hiring a financial planner:

1. Planning for Retirement

Retirement planning can be complicated, regardless of your current financial situation. You need answers to a lot of important questions, such as:

  • When should you stop working?
  • When should you start pulling money from investment accounts?
  • Are you too late to start investing for retirement?
  • How much money do you need to set aside to retire comfortably?
  • When should you start collecting social security?

Financial planners and Retirement Planners at BoxPFA can help you plan a successful retirement based on your income, lifestyle, and future plans. We’ll also tell you exactly what you need to do to make all your goals a reality.

2. Managing Your Assets

One of the most important reasons to hire our Financial Planner is that they can help you manage your wealth through various assets and investments, along with providing valuable information about tax planning. They can guide you through the management process or take the reins with your permission, keeping you abreast before, during, and after each decision.

If you make a lot of money, you’ll need help holding onto it rather than forfeiting a large portion over for taxes. A financial planner can help you to legally manage your funds to save as much of it as possible come tax season.

3. Saving Your Money

Practicing some restrictive measures results in you having saved up more. The more you save, the better your investment prospects become. Below we have outlined ways that will help you to save for the future.

  1. i) Increasing your commitment to savings:

As financial planners, we advocate spending after you save enough, but of course, you should always limit your overspending and start saving more. A financial plan will guide you through automating your monthly investments, which will make you determined to save.

  1. ii) Lesser Investment Charges:

As financial planners, we don’t recommend schemes with hidden charges.  It helps you save on the cost of investments.

Sometimes, we also recommend schemes based on the time horizon. As the schemes are selected based on the required period, generally, there will not be any surrender charges or exit charges.

4. Understanding Investment Options

Another vital role of a financial planner is providing information and advice about investing. Many of us don’t know much about risk tolerance and stocks, bonds, IRAs, along with other forms of investing.

Our financial planners at BoxPFA can put you on the right path for investing money for maximum financial gain. It includes real estate investments, business investment opportunities, taxable bonds, tax-exempt bonds, and more.

5. Planning for a Growing Family

Lastly, many people find comfort in hiring a financial planner when planning their life and future for a new or growing family. A growing family can significantly impact your finances. You’ll need a bigger home, and a bigger vehicle, among other things.

When raising children, you need to work with a financial planner to plan the costs of:

  • The baby stage (cribs, diapers, safety modifications, and more)
  • Food
  • Clothing
  • Education
  • Activities
  • Toys
  • Vacations

Financial planning can help you plan for a future with a growing family to ensure you provide an enriching life for your children and shape their future in the best way possible.

Think You Could Benefit From Hiring a Financial Planner? BoxPFA has got you covered

Our Certified Financial Planners at BoxPFA can make everyone save more money and earn more investment returns, so they’re worth your time and money.

If you need financial advice or help manage your finances, retirement planning, making an investment plan, estate planning, planning for long-term financial goals, or understanding various financial products in the market, we’re here for you. Contact us today to speak to a Personal Financial Advisor (PFA) or a Financial Planner and learn more about what we can do for you, your family, or your company.


BOX Personal Financial Advisors / Pebble Silk Private wealth management is a brand of AM investment Advisors & Associates. AM investment Advisors & Associates is a AMFI-registered Mutual Fund Distributor (ARN-176173 ) (Registered On 16th Feb 2021 Valid till 15th Feb 2027) AM investment Advisors & Associates is a SEBI Registered Investment Advisers (Registration No INA100004871) (Type of Registration- Non-Individual , Validity of Registration- Perpetual) Address: D-33, Sector 2, Noida UP 201301, Name of the principal officer: Arun Kumar Contact No:+91 9999 769 528 Email: Local Office of SEBI - 3rd Floor, Eldeco Corporate Chambers-II, Vibhuti Khand, Gomti Nagar, Lucknow - 226 010.

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