The risk of not having a financial advisor means that you don’t have a partner who’s looking over your shoulder to make sure that you don’t miss something important. This might be an investment that requires attention, taxes that might be avoided, advantageous modifications to retirement accounts, and more.
Without an advisor, you may never know that you’ve missed so many opportunities. Yet with a good financial advisor these opportunities will be caught early on and brought to your attention. Over time, the financial benefit to you can add up to having a huge impact on your life.