Rani Jarkas – Difference between Financial Planner and Financial Advisor
A financial planner or a financial advisor is the kind of person you may want to turn to when it comes down to your financial matters. In other words, a financial planner or financial advisor both will help to manage your money and achieve your financial goal. The definition of financial planner or financial advisor is not strictly specified in any legal or official documents, but one shall hold certain certificates in order to be capable and competent whether as a financial planner or financial advisor. From a broader view, a financial planner is a type of financial advisor, while a financial advisor is not always a financial planner. A financial planner always specialized in building financial plans and help clients reach their ultimate financial goals. While a financial advisor could manage much more beyond that. A financial advisor may focus on investment management, estate planning, retirement planning, insurance, debt repayment, tax planning or any othe...