Financial Adviser

Buy high and sell low. To borrow an old retail saying, “you can’t make a profit on volume” trading stocks that way.

Some investors find that they don’t have the time, energy or talent to research and identify stocks for their portfolio, much less manage their money effectively. Their needs go beyond the scope of a stock broker - they may need the services of a qualified financial adviser.

In this two-part series, I’ll look at what a financial adviser can do for you and discuss the different types of financial advisers and how they work with you. This article covers what benefits you can expect from a financial adviser.

A good financial adviser will work with you to develop a game plan that fits your financial circumstances and tailors a plan to accomplish your goals.

Some people find that they are more comfortable doing their “own thing” and don’t want to spend the money a good adviser may cost.

On the other hand, many people gladly turn over the details of developing a financial plan to an expert.