I've been considering hiring a wealth manager to help streamline my financial goals, but I'm not entirely sure if it's the right move or what to expect from the process. Can anyone share their experiences with working with a wealth manager? What are some key factors I should consider before making this decision? Also, how do their services typically differ from those of a financial advisor or planner?
I'm particularly interested in understanding:
- The typical costs involved and whether they are generally worth it.
- How to evaluate the background and reputation of a potential wealth manager.
- What specific benefits you've experienced in terms of financial growth or organizatoin since employing one.
Any advice on how to start my research or personal anecdotes would be greatly appreciated!
