Some advisors have minimum asset thresholds, which typically start at $100,000 — though some may require a minimum of $500,000 or even $1 million. If you have less than $100,000 in assets, it might not be worth it for you to pay an advisor.
We all have different financial circumstances and goals, and hiring a professional to help you navigate your specific circumstances may be invaluable. However, financial advisors do come at a cost --...