Question

What are some areas that financial advisors will test their image based on target market

Answer 1

A Financial Advisors meet with clients and counsel them on their finances. This could mean sitting down and creating budgets to fiirming up retirement plans to giving advise about investing. Financial Advisors can also invest a client"s funds and meet with them regularly to discuss their investments.

Key Takeaways

1) A financial Advisor is responsible for more than just executive trades in market on behalf of their clients

2) Advisor uses their knowledge and expertise in meeting the financial plans of the client, so to achieve the financial goals of clients.

The areas which need to be looked in a good financial advisors are:

1) Expertise: The Advisors must know more about the investment schemes and managing money of the clients at right place, so that the investor can be benefited.

2) Accountability: A advisors mus help the client to make decisions, such as buying of stocks or sell of stocks of any organization.

3) Advise: the advisor should make suggestions about the best strategies to implement to improve your finances.

4) Evolution: As life circumstance changes, a financial advisor can help you adjust your financial plan so that it always fits your current situation.

5) Action: Now a days people are very busy they don't have time to manage their finances, so in that situation the advisor means someone who handle what you don't have time for and make sure your money is being deployed in the best way.

These are the ways a financial advisor can test their image in the market.