One of the most common terms used is financial consultant. What Does a Financial Consultant Do? Financial consultants may be regular financial advisors or certified professionals who hold the chartered financial consultant ( ChFC) designation. They work closely with clients to help them understand their assets and financial goals.
What services does a financial consultant offer?
A financial consultant offers a wide range of services that are tailored to meet the needs of each individual client. The types of services offered can vary, depending on whether or not the person is a ChFC. ChFCs offer many services, including: If a financial consultant isn’t an official ChFC, there are still similar services they offer.
What is the difference between a financial consultant and financial advisor?
Financial consultants and financial advisors do similar work to help their clients with financial planning. The difference between the two depends on their training and certifications. For example, a certified financial planner ( CFP) is a type of financial advisor.
