The Real Value of Financial Advice: Less Stress, More Confidence, Better Life Decisions
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We looked at our own client data on the IWP Life Survey. Clients who've been with us for a few years score higher across every area of life we measure, not just the financial one. Spiritual wellbeing showed the biggest jump.
That sent us looking at what other researchers have found. Vanguard says advised clients are about half as likely to report high financial stress. Russell Investments found confidence in reaching financial goals roughly doubles after advice. The CFP Board found advised households are better prepared, with more emergency savings and estate planning in place.
In this episode, Cameron Howlett and Chris Haggart walk through the numbers and the stories behind them. It's less about the returns and more about what changes when people stop wondering if they'll be okay.
https://www.independentwealthpartners.com.au/insights/the-real-value-of-financial-advice-less-stress-more-confidence-better-life-decisions/
DISCLAIMER: This videocast contains general advice which does not consider your particular circumstances. You should seek advice from Independent Wealth Partners who can consider if the general advice is right for you. Independent Wealth Partners Pty Ltd (ABN 66 647 667 249) – (AR 1286417) is a Corporate Authorised Representative of Independent Wealth Services (IWS) AFSL # 512433.