How to Measure ROI from Advisory Services?
How to Measure ROI from Advisory Services? When people think about financial advisors, the first question often isn’t “what do they do?” but “are they worth it?” That’s where the concept of return on investment—ROI—comes in. Unlike buying a product where you can instantly see value, advisory services are more nuanced. Their value isn’t always measured in a single number, but in peace of mind, smarter decisions, and long-term financial outcomes. Still, measuring ROI from advisory services is important. It helps you evaluate whether the guidance you’re paying for is truly moving you closer to your goals. But to do that well, you need to look beyond just performance metrics. Why ROI Matters in Financial Advice The idea of ROI is simple: what do you get back compared to what you put in? When applied to advisory services, it goes beyond portfolio returns. A good advisor helps you save on taxes, avoid costly mistakes, plan for the future, and even reduce financial stress....