How High-Net-Worth Investors Embrace Market Volatility

Volatility Doesn't Have to Mean Risk

The past few years may have felt like a roller coaster for the stock market, and investing in general.

One word in particular may come to mind: Volatility.

For many, this word might spell potential bad news for investments.

However, that may not always be the case for all investors, especially those with high assets who know how to leverage volatility, rather than fear it.

For those looking to insulate their investments from market volatility, or taking advantage of it, a great way to get help can be speaking with a financial advisor.

A 2023 Northwestern Mutual study found that 70% of U.S. millionaires not only work with a financial advisor, but consider financial advisors "their most trusted source of financial advice."¹

SmartAsset simplified the time-consuming process of finding a financial advisor with their no-cost tool. Answer a few questions to get matched with up to three vetted financial advisors serving your area, each legally bound to work in your best interest.

Find out why some investors may look at volatility differently than most, and could use it to their potential advantage. Learn more.

Get retirement ready. Try SmartAsset's no-cost tool to get matched with up to 3 vetted financial advisors serving your area, each legally bound to work in your best interest.

The information contained in this article is general and not specific to any individual's situation. The SmartAsset quiz matches you with up to 3 financial advisors to which you can compare and decide which to work with.

This is not an offer to buy or sell any security or interest. All investing involves risk, including loss of principal. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). There are no guarantees that working with an adviser will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest.

SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. SmartAsset's services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. SmartAsset receives compensation from Advisers for our services. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any user's account by an Adviser or provide advice regarding specific investments. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors.

SmartAsset.com is not intended to provide legal advice, tax advice, accounting advice or financial advice (Other than referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States). SmartAsset is not a financial planner, broker or tax adviser. The Service is intended only to assist you in your understanding of financial organization and decision-making and is broad in scope. Your personal financial situation is unique, and any information and investing strategies obtained through SmartAsset.com may not be appropriate for your situation. Accordingly, before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your accountant or other financial advisers who are fully aware of your individual circumstances.

Sources:
1. "Planning and Progress", Northwestern Mutual (2022)