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Posted on February 22, 2023

What Does a Financial Adviser Do?

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.

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