When You Do—and Don’t—Need a Pro to Manage Your Money

Time - “As soon as you have enough money that it’s keeping you up at night wondering what to do, then that may be when you need to find some help,” says Deena Katz, a certified financial adviser and associate professor of personal financial planning at Texas Tech University. “But that number will be different for everyone. Some people will feel it at $100,000, others at a million.”

Q: “At what net worth should I consider getting a money manager?”

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“As soon as you have enough money that it’s keeping you up at night wondering what to do, then that may be when you need to find some help,” says Deena Katz, a certified financial adviser and associate professor of personal financial planning at Texas Tech University. “But that number will be different for everyone. Some people will feel it at $100,000, others at a million.”

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