Darren Devine, CFP®, CLU®
Financial Planner, Sun Life
President of Devine and Associates Financial Services Inc.
Hello, and welcome to Money Monday, where we help simplify your financial journey. I'm Darren Devine, Financial Planner with Sun Life and President of Devine & Associates. Today, we’re discussing an important question: Should you pay for financial advice? And if so, how much should you pay? Let’s break it down so you can make the best decision for your financial future.
Paying for financial advice often comes with the perception that it’s an unnecessary expense, but the reality is, good advice is an investment in your future. A professional financial planner offers tailored guidance that considers your unique goals, risk tolerance, and current financial situation—something free advice or generic tools may not always provide.
When it comes to cost, transparency is key. Whether you’re paying a percentage of assets, flat fees, or hourly rates, it’s important to understand what you’re getting for your money. Quality advice helps you make better financial decisions, avoid costly mistakes, and potentially save thousands over the long term.
Cheap or free advice might seem appealing, but it often lacks depth or a personalized approach. Remember, the value of financial advice isn’t just in the price—it’s in the peace of mind, confidence, and long-term benefits it brings.
Investing in your financial future starts with the right guidance. If you’re wondering whether financial advice is worth it, or if you’d like a review of your current plan, we’re here to help! Let’s work together toward your financial goals.
Thanks for tuning in, don’t forget to like and comment for more episodes filled with tips to make your financial journey a breeze. Until next time, I'm Darren Devine, and you can always talk to us today at DevineAndAssociates.ca!