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ARTICLE · 03 AUGUST 2020

When Should Lawyers Get A Financial Advisor?

"It's never too early to get a financial advisor," says Dawn Marchand, Chief Executive Officer of Lawyers Financial.

CanadaWealth Management

"It's never too early to get a financial advisor," says Dawn Marchand, Chief Executive Officer of Lawyers Financial. She adds, "professional advice will help you to both build and protect wealth as you move through your career."

And the statistics back her up, with a study showing that investors who sought professional advice accumulated almost four times as many assets compared to those who go it alone over a 15-year period, after adjusting for socioeconomic and attitudinal differences.

Marchand says one of the main barriers for many people is a lack of confidence in their ability to ask the right questions. "It seems like an unrealistic rationale because lawyers would not expect their clients to always know what to ask."

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