Sponsored Content

How much value do financial advisors add?

Let’s talk about the most common myth in finance.

Sponsored by
Two photos of the Richardson team smiling at the camera, all wearing suits.

James Richardson has been helping Raleighites plan for the future for more than 30 years.

Photos courtesy Richardson Private Wealth Advisors

Many Americans assume financial advisors simply aren’t worth it, worrying the costs might outweigh the potential returns.

But this is a misconception — one that often ends up limiting long-term wealth generation and future financial security.

In fact, studies have shown that people who work with an advisor save nearly twice as much for retirement as those who don’t: $132,000 vs $62,000, on average.

Looking for guidance? Start local

If you’re interested in an advisor, Raleigh’s own Richardson Private Wealth Advisors is home to the best in the business.

Their tight-knit team recently earned the prestigious Ameriprise Client Experience Award for 2024, a recognition given to advisors with a 4.9+ out of 5.0 client satisfaction rating.

In short? Their clients love them.

Their approach is personalized, goal-driven, and built on trust. Whether you’re planning for retirement or just getting started on your financial journey, their one-on-one guidance is here to help you make confident, long-term decisions.

See where you stand with their free financial health resources, or

Connect with an advisor

More from RALtoday
Give your kiddos a summer filled with fun at these local summer camps.
Oscar Diaz, from Durham’s Little Bull and Aaktun, is one of 15 “cheftestants” on season 23 of Bravo’s “Top Chef,” and we learned more about his favorite local spots at the Charlotte premiere.
Help us create a growing guide to small businesses by submitting your favorite local makers, restaurants, and professionals, and sharing this page with a friend.
Bookmark this guide for a curated list of events taking place each month that we’re most looking forward to.
Needlepoint is one of the biggest “analog hobby” trends. Here’s where to learn and meet other stitchers.
In case you hadn’t noticed, Raleigh’s growing in a big way, and some mixed-use developments are set to transform downtown + Midtown in 2026 and beyond. Here’s what you need to know about three major developments.
Discover the top Raleigh business podcasts, voices, and local resources our readers are tuning into — from must-listen interviews to expert insights.
Visit The Magic of the Fourth Ward: A Journey Through Time and Culture at the Martin Marietta Center to learn more about this vibrant neighborhood destroyed by urban renewal.
Microsoft, the world’s No. 4 most valuable company, will bring a data center to a large parcel in Person County.
Explore all 308 acres of Dorothea Dix Park and its top landmarks, history, and more.