What Do Financial Advisors Do?
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Quite often we get questions about what actually do we do. What do financial advisors do? Simply, it is sitting down with people and helping them come up with a strategy of how to, in most cases, plan for retirement. Also, there is a lot of things that go into financial planning that doesn\'t necessarily have the compass heading of retirement solely in the crosshairs.
There\'s a lot of things that financial planning can do. How you take care of kids\' educations. How you take care of health insurance. How you take care of the mortgage. Best ways to manage those things that are daily life pressures, whether they be car payments, whether they be house payments, and so on.
There are a\\xa0lot of things that go into financial planning, but having a financial quarterback is something that the research shows most people need. They need to sit down with somebody and go over what they are doing and how they are planning for all the pressures in life that require financial discipline, financial support, and so on.
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RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.
Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.
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