By deciding to consult a financial advisor, you have begun to take charge of your finances. A professional financial advisor will help you identify your investment goals and create a plan that will help achieve them. In the years to come, your advisor can become a trusted friend and confidant. And together, you will have implemented a strategy to maximize the earning power of your assets so that they are working toward creating a secure financial future for you. Points to Remember A financial advisor has been trained to analyze your personal financial situation.
Financial advisors can earn designations by completing accredited courses of study.
There are a number of ways you can benefit from working with an advisor. The first thing you and your advisor will due is uncover the strengths and weaknesses of your financial situation. Your advisor must have an accurate picture of your financial situation to create a workable financial plan for you to follow. Be prepared to answer, or at least discuss, questions about retirement, college savings, and estates, among others. Involve your financial advisor in any investing decision that comes along.