There’s no one-size-fits-all answer to whether or when you should hire a financial advisor. But certain situations lend themselves to the need for financial advice.

A financial advisor offers guidance on a variety of topics including retirement, tax planning, insurance, saving and estate planning.Creating an investment strategy and providing investment advice ...

A financial advisor manages a client’s investment portfolio. A financial planner provides more comprehensive financial services. Look for an advisor or planner who is a fiduciary. There may come ...

Lower fees (0.20-0.30% annually) Automated investment management. Basic financial planning tools. Access to human advisors. Good for straightforward situations requiring minimal customization ...

Percentage of assets under management (AUM): This fee is based on how much money an advisor manages for you, and it typically ranges from 0.25 percent to 1 percent annually. Flat fees: A set ...

So, hiring a financial advisor to help you get everything right might not matter as much. When you don’t have endless income, you need to make the most of what you have — and a financial ...

Welcome back to "Ask an Advisor," the advice column where real financial professionals answer questions from real people. The topic can be anything in the world of finance, from retirement to ...

Retirement advisors are a type of financial advisor. The difference is that they've taken it upon themselves to gain the training required to help you remain financially comfortable in retirement.

You know you need a financial advisor to manage your money—but what if you don't know anything about financial matters? Here’s how to tell if they’re doing a good job at it.