A financial advisor or financial planner is an individual that gives financial advice to clients according to their current financial status. In most countries, financial advisors are required to complete certain educational training and obtain certain licensing in order to give financial advice to the client. The first thing you should ask yourself when looking for a financial advisor is what your goals are regarding your retirement or investing. You must determine whether you want to save money or invest your money. This will help you in finding a financial planner or adviser who can help guide you through the process of finding the best investment plan to meet your goals.

There are various types of financial advisors such as self-employed, commissioned, pension, insurance, managed, investment and financial advisors, financial planners, wealth managers and self-managed advisors. Most advisers specialize in a particular field such as investing, asset allocation, retirement planning, real estate investing, financial planning, asset protection, tax planning, estate investment and personal finance. Some advisors are also affiliated with a particular firm, organization or bank. They also coordinate client seminars and financial seminars for their clients.

If you are considering getting a financial advisor the most important question to ask is what does a fiduciary standard of care mean. This standard refers to how a professional fees for advising a client. As a U.S. citizen, if you choose to get a financial advisor the advice you get should be from someone who follows the Fiduciary Standard.