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What is a Financial Advisor?

The term "Financial Advisor" applies to professionals who are compensated for helping to implement investment strategies, but it is a broad and non-specific term.

There are thousands of people who are called “Financial Advisors” – but within this category are various professions with different specialties and compensation structures. There are Financial Advisors, Financial Planners, Investment Managers, Registered Investment Advisors (RIAs), and at times even CPAs, insurance agents, and lawyers are included in this umbrella term.

It’s important to know exactly what each one’s role or specialty is and what their strengths and shortcomings might be.

What is a Good Financial Advisor?
Where do I find a Financial Advisor?

Keywords: investment managers, financial advisors, Certified Financial Planner (CFP), Registered Investment Advisor (RIA), Registered Representatives,
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