financial advising
Wealth planning service
Financial advising is the practice of helping individuals or organizations manage their money—guiding decisions about investments, retirement planning, taxes, insurance, and estate planning.
A financial advisor assesses a client's situation and goals, then recommends strategies: She sought financial advising before buying her first home.
The field ranges from fee-only planners to commission-based brokers, with varying degrees of fiduciary responsibility.
- tax deductionsAmounts reducing taxable income
- pension plansEmployer-sponsored retirement savings
- insurance policiesContracts transferring financial risk
- estate planningPreparing asset distribution posthumously
- emergency fundsSavings for unexpected needs
rainy day fund · 401(k) · tax credits · retirement age · golden years · asset allocation · Roth IRA · mutual funds · compound interest · tax shelters · annuities · trust fund · life insurance · bonds · capital gains tax · fiduciary duty · income tax brackets · private banking
- support servicestherapy, counseling, tutoring, mentoring, coaching
- retirementretirement, retire, retirement age, retirees, retirement income
- home servicescleaning, cleaning service, housekeeping, cleaning services, house cleaning
- taxationtax, income tax, sales tax, tax return, tax refund
- career servicescareer coaching, career counseling, mentoring, career centers, job coaching
financial advisinggoing it alone
Acting independently, unassisted
financial advisingbookkeeping
Recording financial transactions systematically
financial, advising, finance, finances, financed, financing, financier, financiers, financially