---
title: Paying Financial Advisor Fees Should Get You These Four Services in Return
description: Your financial advisor should be providing you with these four services in return for your financial advisor fees
---

[![Assembly Wealth](https://www.letsassemble.com/hs-fs/hubfs/Assembly/logos/Assembly-Wealth-Logo-Orange-500px.png?width=300&height=70&name=Assembly-Wealth-Logo-Orange-500px.png "Assembly Wealth")](https://www.letsassemble.com/)

The Money Manager People TM

[800-541-7774](tel:+18005417774)

[![RESEARCH MONEY MANAGERS](https://no-cache.hubspot.com/cta/default/10700/7ecbcb66-3fbb-41e3-b219-c24fb3c769c5.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/7ecbcb66-3fbb-41e3-b219-c24fb3c769c5)

[![Client Center](https://no-cache.hubspot.com/cta/default/10700/8691dcb4-caa3-42c2-a810-77b59f461fd2.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/8691dcb4-caa3-42c2-a810-77b59f461fd2)

[Home](https://www.letsassemble.com/)

WrapManager's Wealth Management Blog

When life changes, we can help you thoughtfully respond.

[< Back to read another post](https://www.letsassemble.com/wealth-management-blog)

# Paying Financial Advisor Fees Should Get You These Four Services in Return

Posted by [ WrapManager's Investment Policy Committee](https://www.letsassemble.com/wealth-management-blog/author/wrapmanagers-investment-policy-committee)  
 February 12, 2014

- [Tweet](https://twitter.com/share)

It’s important to ensure you are getting appropriate value for the financial advisor fees you pay. Ultimately, money spent on financial advice should lead to more informed decisions about how to structure investment accounts, how to allocate your portfolio, what investments make sense and what steps need to be taken to reach your financial goals.

In order to justify the cost of a financial advisor, we believe investors should expect these four things in return:

### 1) Sound Financial Advice

There is a wide range of information your financial advisor should be able to provide you, including how to structure your accounts, deciding which accounts to use for income, assisting with important financial decisions and events, and helping with your estate plan.

It helps if your financial advisor is a Certified Financial Planner (CFP)—they should be able to offer advice pertaining to more areas than a normal financial advisor, including insurance and tax planning.1

### 2) A Comprehensive Investment Plan

Your financial advisor should take a comprehensive approach to mapping out and understanding your finances for your future. This includes your retirement income needs, your estate planning needs and a regular review of where you stand financially relative to your goals.

This information should be used to produce an investment plan—a document that serves as a blueprint for achieving your goals, which you can reference over time to see how you’re doing.

### 3) Investment Recommendations Based on Thorough Research

We believe a financial advisor should focus on three things: building an investment plan for their clients, servicing their clients, and conducting rigorous research on money managers and investment solutions.

Thorough research can translate into finding good money managers with strong track records, which a financial advisor can then use to offer to their clients as a solution, depending on the client’s goals and risk tolerance.

### 4) Excellent Client Service

In our view, this point is perhaps just as important as the others. An investment plan should be all about the client—their needs, their goals, their family. A client should be able to call their financial advisor directly on any business day and talk about where they stand financially.

A financial advisor should also regularly update their client’s investment plans and encourage involving and speaking with family members that are affected by the investment plan.

### Are Your Financial Advisor Fees Justified?

After considering the information above, can you confidently say that your financial advisor fees are worth it? Are there areas that are lacking as it relates to your investment plan? If you answered yes, then you may want to consider what needs to improve and what steps you can take to improve it. Perhaps that involves speaking with your financial advisor about these issues, or maybe exploring other options.

If you would like any guidance or would like us to examine your current investment plan to see if you’re “getting what you pay for,” please do not hesitate to contact one of our Wealth Managers at 1-800-541-7774. They are happy to help.

[![Like What You've Read? Subscribe Here!](https://no-cache.hubspot.com/cta/default/10700/5ce6db8c-6757-43bb-831d-b67f40d96a4c.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/5ce6db8c-6757-43bb-831d-b67f40d96a4c)

---

 

Sources:

1 [Certified Financial Planner Board of Standards Inc.](http://publications.usa.gov/epublications/financial-planner/10questions.html)

[Hiring a Financial Advisor](https://www.letsassemble.com/wealth-management-blog/topic/hiring-a-financial-advisor)

### Subscribe to Updates

[Subscribe to RSS Feed](https://www.letsassemble.com/wealth-management-blog/rss.xml)

[![New Call-to-action](https://no-cache.hubspot.com/cta/default/10700/ffe2a394-957b-481b-9f80-4ef176bd6aaf.png)](https://cta-redirect.hubspot.com/cta/redirect/10700/ffe2a394-957b-481b-9f80-4ef176bd6aaf)

### Most Recently Published

### Blog Authors

[![Gabriel Burczyk](http://www.wrapmanager.com/hs-fs/hub/10700/file-2347381761-jpg/Athors_Avatars/Gabe-avatar.jpg "Gabriel Burczyk")](http://www.wrapmanager.com/wealth-management-blog/author/gabriel-burczyk)

[**Gabriel Burczyk,**](http://www.wrapmanager.com/wealth-management-blog/author/gabriel-burczyk)  
[Founder & CEO](http://www.wrapmanager.com/wealth-management-blog/author/gabriel-burczyk)

[![Valerie De Vol](http://www.wrapmanager.com/hs-fs/hub/10700/file-2457588837-jpg/Athors_Avatars/Valerie-De-Vol-avatar.jpg "Valerie De Vol")](http://www.wrapmanager.com/wealth-management-blog/author/valerie-de-vol)

[**Valerie De Vol, **IACCP®  
Chief Operating Officer](http://www.wrapmanager.com/wealth-management-blog/author/valerie-de-vol)

[![Seton-avatar.jpg](http://www.wrapmanager.com/hs-fs/hub/10700/file-2344519198-jpg/Athors_Avatars/Seton-avatar.jpg "Seton-avatar.jpg")](http://www.wrapmanager.com/wealth-management-blog/author/seton-mcandrews)

[**Seton McAndrews, **CFP®  
](http://www.wrapmanager.com/wealth-management-blog/author/seton-mcandrews)[Vice President - Investments](http://www.wrapmanager.com/wealth-management-blog/author/seton-mcandrews)

[![Doug Hutchinson](http://www.wrapmanager.com/hs-fs/hub/10700/file-2347381751-jpg/Athors_Avatars/Doug-avatar.jpg "Doug Hutchinson")](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson)

**[Doug Hutchinson,](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson) **[CFA®  
](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson)[Director of Research and Trading](http://www.wrapmanager.com/wealth-management-blog/author/doug-hutchinson)

![Katie - square.png](https://www.wrapmanager.com/hubfs/Katie%20-%20square.png "Katie - square.png")

[**Katie O'Connor  
**Director of Client Services](https://www.wrapmanager.com/wealth-management-advisors/katie-oconnor)

**Important Disclosure Concerning WrapManager Blogs**

Blogs found at this site have been created or supported by WrapManager. The information provided in a blog post prepared by WrapManager or an associated person of WrapManager is generally limited to financial and economic issues, but may include a discussion of general interest items. The views and opinions expressed on this blog are purely the blog authors, and not necessarily those of WrapManager, Inc. Certain blog posts include information pertaining to WrapManager’s investment advisory services and the products and services of unaffiliated money managers. Such information is provided for information purposes only. Accordingly, information provided in a blog should not be construed by any consumer and/or prospective client as a solicitation to effect or attempt to effect transactions in securities or the rendering of personalized investment advice. Any subsequent, direct communication by WrapManager with a prospective client shall be conducted by a representative of WrapManager. Moreover, no client or prospective client should assume content contained on the website serves as a substitute for personalized advice from WrapManager. Different types of investments involve varying degrees of risk, and there can be no assurance that any investment, portfolio or money manager referred to within the blog will be suitable for your individual situation and risk tolerance or will be profitable. WrapManager recommends that you retain a financial professional to provide you with specific guidance regarding your financial situation before investing. Investment in equity strategies involves substantial risk and has the potential for partial or complete loss of funds invested.

Although the information included in the WrapManager, Inc. website and blog has been obtained from sources WrapManager believes to be reliable, we do not guarantee its accuracy and information may be subject to change without notice. This website should not be regarded as a complete analysis of the subjects discussed. Information on this site should not be relied upon as a substitute for legal, tax or accounting advice by a professional in your local jurisdiction.

Comments made by third parties are subject to moderation by WrapManager and may not appear on this blog until they have been deemed appropriate for posting. Also, due to the volume of comments received, not all comments will be posted.

WrapManager does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party website linked to WrapManager's web site or incorporated within a blog post. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

 

 

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "WrapManager's Investment Policy Committee",
    "url" : "https://www.letsassemble.com/wealth-management-blog/author/wrapmanagers-investment-policy-committee"
  },
  "datePublished" : "2014-02-13T01:11:00.000Z",
  "headline" : "Paying Financial Advisor Fees Should Get You These Four Services in Return",
  "mainEntityOfPage" : {
    "@id" : "https://www.letsassemble.com/wealth-management-blog/paying-financial-advisor-fees-should-get-you-these-four-services-in-return",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://www.letsassemble.com/hubfs/Assembly/logos/Assembly-Wealth-Logo-Orange-500px.png"
    },
    "name" : "Assembly"
  }
}
```