Geelong Wealth

  ‍ If you're wondering what a financial advisor geelong does, you're not alone. Many people are unsure of what these professionals offer, and whether or not they need their services. In general, financial advisors help you make decisions about what you should do with your money, which may include investments or other courses of action. In this article, we'll explore some of the key things that financial advisors do, and how they can help you manage your finances. Creating a Financial Plan One of the primary things that financial advisors do is help clients create a financial plan. This plan typically involves setting goals for the future, and determining how much money you need to save to achieve those goals. A financial advisor can help you assess your current financial situation, and create a plan that takes into account your income, expenses, debts, and assets. A financial plan may include recommendations for saving money, reducing debt, and investing in various types

A financial planner is a professional who helps individuals and organizations create a comprehensive plan for managing their finances. A financial planner typically provides advice on topics such as retirement planning, investment management, tax planning, estate planning, and risk management. To become a financial planner, one typically needs to earn a bachelor's degree in finance, accounting, economics, or a related field, and then obtain relevant certifications such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), or Chartered Financial Consultant (ChFC). Financial planners may work for banks, investment firms, insurance companies, or they may be self-employed. They may charge clients a fee for their services, or they may earn a commission on the financial products they recommend. If you are seeking financial planning advice, it's important to do your research and choose a reputable financial planner who has the appropriate education, experience, and