What is a financial planner?

@juston 

A financial planner is a professional who helps individuals, families, or businesses create a comprehensive financial plan to achieve their financial goals. They assess the client's current financial situation, including income, expenses, assets, and liabilities, and provide recommendations on various aspects of personal finance such as investment, retirement planning, tax planning, insurance needs, estate planning, and budgeting.

Financial planners typically have expertise in areas like investment management, risk management, taxation, and estate planning. They gather information about the client's financial goals, tolerance for risk, and time horizons, and design a customized plan that aligns with their objectives. They may also monitor the progress of the plan over time and make adjustments as needed.

Financial planners may have different certifications and designations such as Certified Financial Planner (CFP), Chartered Financial Consultant (ChFC), or Registered Investment Advisor (RIA). They can work independently or as part of a financial planning firm, bank, or insurance company.