Sara Snider
Director at Merrill Practice Management Group
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Tip Jar
We’re sure we’ve all had this thought after getting that raise: “Should we hire a financial advisor?” As the economic power of women continues to grow globally, we’ll probably be presented with new (and maybe confusing) opportunities to take control of our financial wellbeing. That’s why we reached out to Sara Snider, director at Merrill Practice Management Group, to ask why you should seriously consider working with a FA. Here are her top 3 reasons:
1. Easing the complexity of your busy life. We are all juggling priorities—family, relationships, careers, community involvement, side projects, passions, and more. At times, prioritizing your finances can feel overwhelming. Investment professionals can help organize these important areas of your life to enable you to do more of what you love. This could look like establishing a philanthropic giving plan to deepen your community involvement and utilizing social impact investments to align with your values.
2. Reassurance for the future. Many people across the country are taking the search for a financial advisor more seriously, likely a reflection of the increasingly complex market and global environment. FAs can help provide clarity around your current financial situation and future goals. An advisor can help you interpret world events, market moves, and keep headlines in perspective.
3. An independent voice of reason. We don’t always know who to turn to for advice on sensitive topics like money. We can be overwhelmed with opinions from friends, family, and acquaintances, and the process of finding an advisor you trust can feel intimidating. With cutting edge platforms, you’re able to connect with someone based on your communication preferences, guidance styles, personality traits, and more. Your advisor will become a trusted personal connection that helps you cut through the noise, prioritizing your financial goals, future endeavors, and the legacy you hope to leave.