What is the role of a financial advisor?

A financial advisor provides expert advice on managing personal finances, including investment strategies, retirement planning, estate planning, tax optimization, and risk management. They assess clients’ financial situations, goals, and risk tolerance to offer tailored recommendations on how to grow and protect their wealth. Financial advisors can help individuals make informed decisions about saving for the future, diversifying investments, and navigating complex financial markets. They may work independently or be employed by financial institutions, and their services can be broad or specialized depending on their expertise.