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people give money to a financial advisor and he invests the money for them hoping to get a great return for the money invested.

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Q: What does a financial adviser do?
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Related questions

What is the financial position of Wells Fargo financial institution?

Financial Adviser or the 'financial position' is just one of many employment opportunities at Wells Fargo financial institution. A Financial adviser helps you reach your financial goals within the banks branch.


How can you talk to a financial advisor?

You can find a financial adviser at most banks and building societies. The easiest way to find one is to just go to the bank that you do business with and ask to talk to a financial adviser.


What is the difference between financial adviser and financial consultant?

There is no difference. For instance, I am technically both


What is the percentage for child support in Michigan?

Talk to your financial adviser for this


Where can one find an independent financial adviser for mortgage advice in the UK?

One can find an independent financial adviser in the United Kingdom by visiting the Unbiased website. One is able to search for a variety of financial advisers through this website.


Where can one find information on how to become a financial adviser?

One find information on how to become a financial adviser from an educational institution. The same institution will also provide information on how and where to register for professional accredition.


What does the term advisers mean?

An adviser is a person who gives advice or counsels another person. Often an adviser is an expert in a particular field and advises a person on areas in his or her expertise, such as a financial adviser.


What qualifications are required for financial adviser jobs?

The qualification that is required for financial adviser jobs is to work in a similar field in order to build business relationships so one can get clients. A degree is recommended but not required.


Qualifications needed for financial adviser job?

The main purpose of a financial adviser is to help clients in planning and managing their finance. Sometimes financial adviser is also required to help out with the wills of the clients. To perform this purpose successfully, a financial adviser needs to have a thorough understanding of the investment avenues available including savings schemes, retirement options, mutual funds and stocks. Apart from this a financial adviser needs to have a clear understanding of the taxation laws in the country which will enable him to reduce the taxes payable, thus increasing the benefits for the client. Some of the formal qualifications that a financial adviser can look for are the CFA (Chartered Financial Analyst) course or the course of Chartered Accountant (CA). These days there are also MBA degree available with expertise in Investment Banking which can provide formal education in this field. Organizations such as the Chartered Financial Analyst Institute, Certified Financial Planner Board of Standards, The College for Financial Planning and The International Association of Registered Financial Consultants offer additional courses and designations which can help professionals in the field of financial advice.


How do you find the right financial adviser for you?

Finding the right financial adviser for you depends on your individual wants and needs. Whether your building your assests, minmizing your liability or managing your money, a good financial advisor is criticle. My advise is to start with someone familiar to you like Sunlife for example.


What is a request for draws in the home loan process?

Try asking your financial adviser for this


What is financial adviser?

Its exactly what it sounds like, someone that advises you about your financial needs. How to manage your money and save money ect.