What Does a Financial Advisor Do and How Can They Help You?

A financial advisor is your personal Chief Investment Officer who listens to your goals and dreams and helps you achieve them. For many people, their goal is to retire comfortably and they want the financial advisor to review their 401k, IRA, and other investment options and create a plan for how to use them effectively. Once the plan is made, they will hire the advisor to manage their investments and increase their chances of reaching their financial goals.

Investment management is not the only service that a financial advisor can provide. They can also help you with insurance policies and explain your benefits and needs. They can recommend a will or a trust depending on your situation and refer you to someone who can help you set it up.

A financial advisor usually has a large network of trusted professionals in various fields. If you need any specific service, a financial advisor can be a good source of recommendation.