FA Center: This DIY investor says there are 5 good reasons to hire a financial adviser

I became a DIY investor and financial planner several years ago. I began writing about my experiences to be an educator and consumer advocate. Naively, I thought everyone could and should be a DIYer when I started writing about these topics. I was wrong.

Since I’ve started writing and sharing my story publicly, I’ve received many questions from readers. I’ve also become the de facto expert among family members, friends, and former co-workers to answer investment, tax and retirement-planning questions.

These interactions made me realize my ignorance in assuming anyone could and should be a DIY investor and planner. Many people need individualized advice.

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