It can be tricky to understand the roles of various financial professionals. How do you know which professional is best for your individual needs, circumstances and goals? Financial Planner Bill Kelso provided an overview of five common financial professionals in a blog post for Sedona Red Rock News. He explained that the term “financial advisor” serves as an umbrella for many financial professionals, including:
- Financial planners
- Investment advisors
- Registered representatives of investment and insurance companies
Each of these advisors may play a role in your financial journey. Bill highlights the duties and intentions of each position, and when to enlist the guidance of these professionals to achieve your goals.