Investment Advice

Financial advisors provide investment advice and services that help you achieve your financial goals. For example, your financial advisor will provide investment advice that recommends an investment strategy that is consistent with your tolerance for risk and your need for performance. The strategy will include investment advice about how you should allocate your assets to particular asset classes for the best returns per unit of risk exposure. Then the professional's investment advice will recommend money managers for each asset class. The managers could be mutual funds, index funds, Exchange Traded Funds, or separate accounts.

If you want to delegate the investment work and the decision-making select a discretionary advisor. If you want to delegate the investment work and retain control over the decision-making, be sure you select a non-discretionary advisor.