This myth debunked: You don’t have to be wealthy to hire a financial advisor

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More advisors are getting creative with their fees so they can offer their services to people who otherwise couldn't afford it.

, a CFP and the founder of Beyond Your Hammock in Boston, bills some of his clients $333 a month.

For that $4,000 annual cost, clients can meet with a personal financial planner up to five times in their first year, and then two to three times in the following years, Roberge said. It's often the moves made at the start of one's financial journey, even if they haven't accumulated a lot of wealth at that point yet, that will determine how the rest unfolds, Howell said.

 

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PattieCTV In fact it will help keep you that way!

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