“I use a financial advisor and I always say it’s the best check my wife writes every quarter.” –Kenneth French

Kenneth French is the Roth Family Distinguished Professor of Finance at the Tuck School of Business at Dartmouth College, the head of investment policy and a member of the board of directors for Dimensional Fund Advisors, and is well-known for his work on factor investing with American economist and Nobel laureate, Eugene Fama.

So why would an accomplished and distinguished professor of finance need a financial advisor? According to French even the savviest financial professionals could benefit from the expertise and impartial point of view of an independent investment advisor. “We get an enormous amount of value out of our financial advisor, and I don’t think I need help with the portfolio management part of it. It’s much more estate planning, taxes, legal issues that crop up, just sort of a quarterback.”

Source: https://youtu.be/lpQKiEMkrJI

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