Some readers' finances have become complicated due to a new job or inheritance, while others want tailored counsel to enhance their savings or pay down debt.

In a perfect world, everyone would have financial advisors with whom we could check in once a month or call before making a big purchase or investment decision.

financial advisors cost? Annual retainer — Financial planners typically charge a few thousand dollars for a comprehensive financial plan. Percentage of invested assets — You'll be charged 0.25 to 1% of your account balance per year. Advisors may charge more or less than the unofficial industry benchmark of 1 percent.

Hourly rate — Rates by hour typically run a few hundred dollars an hour.

Some people hate managing their money. And that’s cool; what’s important is that you recognize it and get someone to do it for you. In this case, hiring a financial advisor is a no-brainer.

Most investment advisors can't work with you until you have $100,000 invested. Some accept clients with $50,000, while others require $500,000 or $1 million. So shop around.

DIY investors rarely hire a financial advisor. "I like doing this myself and I'm very clever, why would I pay someone 1 percent of my money every year and diminish my returns?"

If a financial counsellor saves you from one bad mistake a year or recognises an opportunity you missed, the fee may be worth it.