The Value of Advice
Households that have had an advisor for 15 years or more accumulate 290% more in assets (3.9 times more) than households that haven’t.1.
Households that have an advisor have 2.1 times more financial assets than households that don’t.2.
Investors that have an advisor are more confident and more likely to have a comfortable retirement if they’ve received financial advice for at least 10 years.3.
Advisors can help investors manage their emotions, which can add approximately 1.5% to portfolio returns.4.
An objective view
Your advisor plays an important role in your financial well-being because they can take an objective and comprehensive view of your assets. The solutions they can offer at different stages of your life will represent exactly where you are, what’s vital to you and what you want to pass on to your loved ones.
1Claude Montmarquette and Nathalie Viennot-Briot, The Gamma Factor and the Value of Financial Advice, 2016
2Cockerline, Jon, PhD, New Evidence on the Value of Financial Advice, IFIC, 2012
3The Value of Advice Report, IFIC, 2012
4The Added Value of Financial Advisors, Toronto, VANGUARD, 2014, and
Canadian Mutual Fund Investors’ Perceptions of Mutual Funds and the Mutual Fund Industry, IFIC/POLLARA Inc., Toronto, 2013
*Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company, a provider of life and health insurance and retirement savings products.
**Offered only by mutual fund registered advisors contracted through Desjardins Financial Security Investments Inc.