Posted on February 22, 2023
KEY TAKEAWAYS
- A financial advisor is often responsible for more than just executing trades in the market on behalf of their clients.
- Advisors use their knowledge and expertise to construct personalized financial plans that aim to achieve the financial goals of clients.
- These plans include not only investments but also savings, budget, insurance, and tax strategies.
- Advisors further check in with their clients on a regular basis to re-evaluate their current situation and future goals and plan accordingly.
- You do not need to be wealthy to benefit from the services of a financial advisor.