What does a financial advisor do?
A financial advisor is a professional who builds personalized financial plans to achieve the life goals of clients. Financial advisors help clients analyze and visualize their financial situations, including risk tolerance and risk capacity. Plus, they provide a buffet of services to improve clients’ financial futures, including investment advising, debt management, retirement planning, and tax assistance, among other services. Even after constructing an initial financial plan with a client, a financial advisor will regularly reassess the client’s situation to keep financial goals on track and ensure clients’ comfort and satisfaction with financial decisions.