What a Financial Planner Does: Everything You Need to Know

What is a Financial Planner? A financial planner is a professional who helps individuals and organizations create long-term plans for their financial security. Financial planners typically have a four-year degree in finance or a related field, and many also hold certification from the Financial Planning Association or other professional organizations. Financial planners use their knowledge of investments, taxes, and insurance to develop strategies for clients to reach their financial goals. For example, a financial planner may help a client save for retirement by recommending specific investment products, such as stocks, bonds, and mutual funds. Financial planners also often provide guidance on estate planning and risk management. Why Do I Need a Financial Planner? When it comes to financial planning, there are a lot of factors to consider. Many people choose to work with a financial planner in order to get the most out of their money and make the best choic...