“In 2012, two major studies emerged that attempted to put a price on financial advice. In September, research from Morningstar Inc. attempted to pin down that added value and came up with a number: 1.82 percent per year. That may not sound like much, but the researchers projected that it could mean an extra 30 percent in income per year for retirees who receive financial advice compared to those who go it alone.”

couple meeting female advisor

Find out how here.