A financial adviser is supposed to be a professional individual who offers investment advice and financial planning services to people and businesses.

 

The financial adviser helps the client increase the potential of their net worth by means of proper asset allocation.

 

Financial advisers use all sorts of methods to achieve this - stocks, bonds and insurance products etc, to meet the needs of their client.

 

Financial advisers can receive a commision payment for the various financial products that they broker. Recently "fee-based" planning has becoming increasingly popular within the industry.