Hiring a Wealth Manager vs. Financial Advisor?

As a passive investor invested solely in index funds what will a financial advisor or wealth manager provide me?

Access to alternative investments, pipeline for private equity/debt opportunities?

Having never interacted with either a FA or WM it's unclear to me what services they would provide. I do not need an accountability partner to ensure I stick to a financial plan which seems to be a significant component of hiring outside financial counsel like a FA or WM.

Thanks in advance!

2 Comments
 

Hey Engineer in RE - Comm, I think you deserve a response...heck, everyone does. We're listening, sorry about the delay ...my best guess at places on WSO that could help:

More suggestions...

I hope those threads give you a bit more insight.

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