Can A Financial Advisor Help with Debt?
Are you drowning in debt and not sure what qualified professional you should turn to? Debt is one of the largest stressors in life and can hinder you from taking the next steps in life, whether that is buying a home or entering retirement. You may already have a financial advisor or are thinking about hiring an experienced advisor; however, your biggest question is, will a financial advisor be able to help with your debt?
The short answer is….no, a financial advisor is not a professional that will be able to analyze your debts and determine which debts can be consolidated and which debts can be eliminated. The professional who would best be able to help you set up a plan to alleviate your debts is a debt advisor, however, a financial advisor will be able to help you with debt in a different way.
A financial advisor will be able to work together with a debt advisor to help you with certain financial guidance to help you manage your debt. Usually, a financial advisor will help you with a financial plan to ensure you have enough money for retirement or to have the extra money in your pocket to afford your desired luxuries. A financial advisor will generally review your current financial situation to help you set up your future finances, they will not be able to help you annihilate your debt.
So why utilize a financial advisor if they are not able to get you out of debt? Even though hiring a financial advisor will not help get you out of debt the same as a debt advisor, they can work with the debt advisor you hire to provide assistance and insight in another way. One of the specialties of financial advisors is that they excel at creating budgets. An advisor will look over all of your current finances, including your history, and they will work with you to develop a long-term budget to keep you on track and grow your money while eliminating your debt.
Though they cannot advise you on debt elimination or consolidation, as stated above, an experienced financial advisor will have the ability to work review your current debt and evaluate their interest rates, minimum monthly payments, and other factors. Now, depending on your debt situation you may need to take extra steps with creditors, with your advisor speaking with creditors to renegotiate your current payment terms for terms that are more favorable.
After looking over your current numbers, a financial advisor will be one of the best professionals to help you create a more effective repayment plan in order to eradicate your debt in a much faster and more efficient way. After your financial advisor guides you and helps get you on the right track to manage your debt and relieve that constant stress from your life. Not only will your financial advisor help to get your debt under control, but they will then work with you to devise a long-term financial plan. This plan will be designed to help keep you from falling into debt again as well as working on reaching your financial goals.
Ultimately, a financial advisor is a great resource that will provide in-depth financial knowledge to help dig you out of your hole of debt that is causing you sleepless nights. An advisor will even be able to offer one of their most valuable services of financial planning to hold you financially accountable and prevent you from falling back into your debt. Having a financial advisor will give you the ability to have a better understanding and control of your finances, which will encourage better financial habits and provide financial success for your present and future.
Published by Sage Investment Advisers, LLC in Poughkeepsie, NY
June 23, 2025 Sage Investment Advisers, LLC Named 2025 Best Financial Planner in the Hudson Valley WAPPINGERS FALLS, NY — Sage Investment Advisers, LLC, a trusted and local fiduciary firm based in Wappingers Falls, is thrilled to announce they have been chosen as Best Financial Planner in the Hudson Valley for 2025 , by Hudson Valley Magazine. Sage Investment Advisers beat out many other local financial planners and advisory firms to win the title of Best Financial Planner in the Hudson Valley. The Best of the Hudson Valley is an annual competition from Hudson Valley Magazine, where locals vote for their most beloved local businesses in each category. “We are honored to be named Best Financial Planner in the Hudson Valley,” said Jerry Schuder, President of Sage Investment Advisers. “This recognition validates the daily efforts of our team, working tirelessly to guide clients in retirement planning, investment management, and wealth preservation with integrity and care.” Sage Investment Advisers serves clients throughout the Hudson Valley region, including Wappingers Falls, Poughkeepsie, and beyond, offering tailored financial strategies, retirement planning, Social Security optimization, and real estate advisory services. Sage is dedicated to providing their clients with custom financial and retirement strategies to help them plan their retirement and legacy. This latest achievement adds to their list of other prestigious awards which include: 2024 Readers’ Choice: Best Financial Advisor – Hudson Valley , awarded by Daily Voice facebook.com+15dailyvoice.com+15sageinvestmentadvisersllc.com+15 Multiple Five‑Star Wealth Manager Awards (2012–2016, 2022–2025), presented by Five Star Professional fivestarprofessional.com+2fivestarprofessional.com+2fivestarprofessional.com+2 Recognized growth as the Hudson Valley’s #1 fastest-growing wealth management firm in prior industry rankings m.facebook.com+10sageinvestmentadvisersllc.com+10fivestarprofessional.com+10 Best Financial Advisor Firm (2024-2025)-Hudson Valley, awarded by USA Today “Being part of this Hudson Valley community means everything to us,” added Vice President, Joe Guarneri. “This award reflects our clients’ confidence and the strength of our fiduciary-driven practice.” ---------------------------------------------------------------------------------------------------------------------------------------------------------- About Sage Investment Advisers, LLC Located at 1829 South Road, Wappingers Falls, NY , Sage Investment Advisers is a local fiduciary wealth management and financial planning firm. The team combines financial and investment knowledge with decades of experience to offer custom investment strategies, retirement roadmaps, Social Security optimization, college planning, and real estate advisory services—all designed to empower clients to pursue financial peace and legacy building. Contact Jerry Schuder President, Sage Investment Advisers, LLC (845) 240‑1551 info@sageinvestmentadvisersllc.com Website: sageinvestmentadvisersllc.com Sage Investment Advisers, LLC , serving as Hudson Valley’s premier fiduciary firm, is honored to be named Best Financial Planner for 2025 , and remains dedicated to helping clients build their wealth, retirements, and legacies.
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