A financial adviser focuses on helping you set and achieve your financial goals over the short, medium and long term. By looking at the big picture, they take into account your entire financial situation and create a strategy to help you get to where you want to be.
Financial advisers offer a comprehensive approach that is tailored to you or help you with smaller, one-off requests if that’s all you need.
Because your circumstances and goals change over time, your financial adviser will also offer to regularly review your financial plan with you – and make adjustments as needed to keep you on track towards reaching your goals.
They can help you:
- Create a budget and managing your cash flow
- Get out of debt
- Save for specific goals
- Put insurance cover in place
- Build an investment portfolio
- Grow your business
- Prepare for retirement
- Plan your estate.
Unlike an accountant, a financial adviser can't give specific tax advice, unless they are qualified to do so. A financial adviser will coach and guide you, empowering you with the knowledge and confidence you need to make informed financial decisions and work toward your ongoing financial security.