Not sure if you need a financial planner or financial advisor?
What’s the difference? In reality, you actually need both.
Think of your financial planner as your coach. They have a good spread of financial knowledge and expertise, mentoring you around your finances. A planner looks at your current situation and chosen goals then charts a personalised, objective plan to get there.
Financial planning activities typically include:
A financial advisor is more involved in execution of these strategies including:
The two roles work hand in hand to ensure there is value being added to the clients situation. A good financial advice firm is one that has capabilities in both financial planning & advice. Depending on your stage of life and the complexity of your affairs the type of advice you receive will vary.
Not sure where to start? Pick up the phone today for a chat to see what the next step is.
“This document or website contains general advice only. You need to consider with your financial planner, your investment objectives, financial situation and your particular needs prior to making an investment decision. Charter Financial Planning Limited and its authorised representatives do not accept any liability for any errors or omissions of information supplied in this document except for liability under statute which cannot be excluded.”