43 Reasons Why You Need A Financial Advisor


Finance can be overwhelming. There are different laws, tax codes, and nuances to navigate. When it comes to your retirement, there can be deadlines that make or break an investment or withdrawal period.

A certified financial adviser can help you navigate all of the rules of investments and keep an eye out for your financial goals and money. In addition to what we mentioned above, we have listed 43 reasons you need a financial advisor.


  1. Guides you to think about areas of your financial life you may not have considered.

  2. Formalizes your goals and puts them in writing.

  3. Helps you prioritize your financial opportunities.

  4. Helps you determine realistic goals.

  5. Studies possible alternatives that could meet your goals.

  6. Prepares a financial plan and/or an investment policy statement for you.

  7. Suggests creative alternatives that you may not have considered including the best way to claim Social Security.

  8. Reviews and recommends life insurance policies to protect your family.

  9. Assists you in setting up a company retirement plan.

  10. Assists in preparing an estate plan for you.

  11. Reviews your children’s custodial accounts and 529 plans.

  12. Helps you determine your IRA Required Minimum Distribution.

  13. Provides reminders about key financial planning data.

  14. Checks with you before the end of the year to identify any last minute financial planning needs.

  15. Guides you on ways to fund health care in retirement.


  1. Prepares an asset allocation for you so you can pursue the best rate of return for a given level of risk tolerance.

  2. Stays up to date on changes in the investment world.

  3. Monitors your investments.

  4. Reviews your investments in your company 401(k) or 403 (b) plans.

  5. Reviews your existing IRAs.

  6. Suggests alternatives to increase your income during retirement.

  7. Records and researches your cost basis on securities.

  8. Provides you with personal investment analysis.

  9. Helps you consolidate and simplify your investments.

  10. Can provide you with technical, fundamental, and quantitative investment analysis.

  11. Provides introductions to money managers.

  12. Shows you how to access your statements and other information online.


  1. Suggests alternatives to lower your taxes during retirement.

  2. Reviews your tax returns with an eye to possible savings in the future.

  3. Stays up to date on tax law changes.

  4. Helps you potentially reduce your taxes.

  5. Repositions investments to take full advantage of tax law provisions.

  6. Works with your tax and legal advisors to help you meet your financial goals.


  1. Monitors changes in your life and family situation.

  2. Serves as a human glossary of financial terms such as beta, P/E ratio, and Sharpe ratio.

  3. Provides referrals to other professionals, such as accountants and attorneys.

  4. Shares the experience of clients who have faced circumstances similar to yours.

  5. Helps with the continuity of your family’s financial plan through generations.

  6. Facilitates the transfer of investments from individual names to trust, or from an owner through to beneficiaries.

  7. Keeps you on track.

  8. Identifies your savings shortfalls.

  9. Develops and monitors a strategy for debt reduction.

  10. Is a wise sounding board for ideas you are considering.

Whatever stage you are in of your financial journey, starting from scratch to years into retirement, we want to help. Our certified financial planners can help you in the 43 areas listed above and some we didn’t even list. Take the first step by clicking below to schedule your free consultation with us.

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At Medallion Financial Group, we believe financial planning is about Family. We have been helping families invest in the future since 1987 through a holistic planning approach. We recognize there are a variety of needs when it comes to retirement planning, plan rollovers, annuities, college planning, life insurance options, and investment management. It is easy to get lost in a sea of choices. Our financial advisors help with the basics and beyond to enable our clients to get the education, advice and management they need to retire with confidence.

Our focus is twofold: first and foremost, we are fiduciary advisors. We stand against any violation of laws, values, and ethics. Second, we treat our clients as part of our family, not only those who call Maryland and Georgia home, but clients across the US who have benefited from our reputation of personal service, integrity, and expertise.

We strive to exceed client’s expectations – because we have high expectations of ourselves.

post icon in Retirement by Medallion Group Oct 5, 2017