The two concepts overlap in significant ways but have fundamental differences. Financial advice often focuses on helping someone with a one-off transaction (e.g. finding a lost pension). A financial planner, by contrast, usually seeks a multi-decade relationship with clients – bringing together all aspects of their “financial lives” into a single cohesive plan that can be tracked.
Why is financial planning different from financial advice?
Posted by
Jordan Hoyland
1 min read
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