'He keeps me from making poor investment decisions': Married couple worth millions is stuck wondering if their financial advisor is still worth it

Having a financial advisor can significantly bolster wealth creation, but it's important to weigh their fees against the potential benefits they offer.

Although this Redditor pays $50,000 annually, their advisor consistently outperforms the market by 2-3%, indicating a possible value in their services.

Advisors help clients avoid poor investment decisions, which can be critical for long-term financial security, yet the premium they charge can lead to hesitation.

It's essential to assess if the investment in a financial advisor translates to tangible financial gains or simply comes at the cost of personal investment.

Read at 24/7 Wall St.