
Among the most disheartening things a financial advisor can hear from a client is: “I know I don’t have as much money as your other clients but…”
When these words are spoken, there could be various reasons behind them, but the most common one is, "I don't believe you value our relationship."
If you find yourself feeling this way about your advisor, take action to address the issue by engaging with them. Communication is the single most crucial factor in maintaining a healthy relationship, and one conversation can resolve 99% of the issues you may have. Tell your advisor how you feel and work together to establish realistic expectations about the frequency of communication, portfolio allocation, investment goals, and more.
If, after your conversation, you still don't feel appreciated, it may be time to seek out another advisor.