Financial Advisor Job Description Updated for 2022
Keep a close eye on the fees you are paying—both to your advisor and for any funds bought for you. The financial advisor synthesizes all of this initial information into a comprehensive financial plan that will serve as a roadmap for your financial future. It begins with a summary of the key findings from your initial questionnaire and summarizes your current financial situation, including net worth, assets, liabilities, and liquid or working capital. The financial plan also recaps the goals you and the advisor discussed. Let’s say you want to retire in 20 years or send your child to a … Read more