Financial Advisor Definition: A financial advisor provides professional advice and guidance on investment strategies, options, and plans based on a client’s financial situation, income, and expenses. These advisors provide the tools needed to make sensible decisions so that the investments are made with a customer’s goals in mind.
For example, they will only suggest investment options that are moderate to low risk for consumers with moderate income, while riskier investments are better suited to individuals with more money to invest.
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