Financial Planner

[FP]

I own a home, make a decent living and have almost zero debt (other than the home loan).

I invest on my own and re-evaluate my portfolio 4x a year and dollar-cost average the rest of the year. I have a 401k that I contribute to in addition to my other investments.

My question is, my wife and I are thinking about the future (kids, college, etc) and are considering getting a financial planner. I am somewhat against it because I don't see what the value-add is. I currently research my own stocks and enjoy doing it. Things like life insurance, etc don't interest me though so that is one reason I am considering it.

So... does anyone actively use a financial planner and if so do you feel like it is worth it?

 

[bennylong]

Watch out if he trys to sell you annuity or life insurance unless it's term life!

 

[Scarpozzi]

People that have too much money hire them usually for tax purposes to shift money around and drop a bracket. Other than that, they come in handy if you don't have the smarts to set a certain amount of money aside for the college fund.

I don't think you sound like you are in need of it. Just try to pay a few thousand to the college fund per year...and maybe sink it into a CD if you have time.