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How much value do financial advisors add?

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

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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

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