A financial consultant or adviser is hired by individuals or organisations to provide investment advice and financial planning services. The consultant helps clients to maintain their desired balance of investment income, capital gains, and the acceptable level of risk by using the proper allocation of assets. Advisers may utilise stocks, bonds, mutual funds, real estate investment trusts, options, futures, notes, and insurance products in order to meet the needs of their clients.

Financial Consultants
Most of these advisers receive commissions as payment for the different financial products that they broker. However, fee-based planning is also becoming popular in the industry. There also exist fee-only advisers who receive their compensation directly from clients and thus have no conflicts between their own interests and those of their clients.
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