Benefits of Having a Financial Advisor (Personal and Business)

Benefits of Having a Financial Advisor (Personal and Business)

Benefits of Having a Financial Advisor

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How would you evaluate your overall level of financial wellness? Do you have a process in place that allows you to track and manage your finances successfully on both a personal and business level? Studies show that one-third of Americans have zero dollars in retirement savings at the moment1, meaning one-third of Americans are having a hard time making the necessary financial decisions to save for the future. On top of that, the pandemic has wreaked havoc on many small businesses, with reports showing that just 63 percent of respondents’ businesses made a profit in 2020, calling for business owners to assess and recalibrate their financial goals. Instead of worrying about making the right decisions for your personal and business finances, consider hiring a financial advisor to assist you. Let’s take a look at the benefits of hiring a financial advisor below.


Personal Financial Advisors are Invaluable

Have you ever been put in a situation where you asked yourself, “do I need a financial advisor for this?” Odds are, you should have one. Financial advisors that focus on holistic, comprehensive financial planning can have a major impact on your overall level of financial wellness. Financial advisors work directly with you to customize a plan based on your unique situation. Whether you are concerned about providing for your loved ones financially or becoming more educated on protecting your portfolio from risk, a financial advisor will be that person to offer objective advice and assistance. It’s never too late to hire a financial advisor to help guide you by making better decisions to increase your probability of achieving your goals. 


Business Financial Advisors are Critical

In today’s climate especially, running a business is a never-ending roller coaster ride. The impact of the pandemic has altered the way many businesses operate and has presented a whole new set of challenges as well as opportunities. Small business owners are accustomed to wearing multiple hats in a company but the benefits of hiring a financial advisor are that they will be able to help you in making strategic financial planning decisions that could lead to increased profitability. More often, the largest asset for a business owner is the equity they have in their privately held business. Protecting that asset and exploring ways to monetize the equity that is often “trapped” in the company can be a valuable service offered by a financial advisor. In addition, financial advisors can be instrumental in the complex task of carefully coordinating your personal and business financial planning affairs.


After briefly contemplating the benefits of having a financial advisor on a personal and business level, if you find that a financial advisor is just the solution you need, Jacobi Wealth Advisors is here for you as one of the trusted financial advisory firms in the area. If you are still asking yourself “do I need a financial advisor?” feel free to contact us today to see how we can be of value to you. 


Securities are offered through LPL Financial, Member FINRA/SIPC. Investment Advisory Services are offered through Jacobi Capital Management, LLC, an SEC Registered Investment Adviser. Jacobi Capital Management, LLC is an entirely separate entity from LPL Financial. Jacobi Capital Management, LLC employs (or contracts with) individuals who may be (1) registered representatives of LPL and Investment Adviser Representatives of Jacobi Capital Management, LLC; or (2) solely Investment Adviser Representatives of Jacobi Capital Management, LLC. Although all personnel operate their businesses under the name of Jacobi Capital Management, LLC or Jacobi Wealth Advisors they are each possibly subject to differing obligations and limitations and may be able to provide different products or services. Please speak with your financial professional for more information or see their personnel bio pages on the Jacobi Wealth Advisors website at


Jacobi Wealth Advisors and LPL Financial are separate entities.



1: BrandonGaille, February 15, 2019