For example, the certified financial planner, or CFP, designation is one of the most respected in the industry. CFPs may work as fee-only advisors, but they are not required to.

Financial advisors, by contrast, are more focused on your investments alone; for example, they’re more likely than planners to provide hands-on management of your portfolio.

A practice model based on "psychophysiological finance" could lead the profession away from advice that only increases ...

For example, some CFPs offer financial planning, investment guidance, estate planning, and other services, while others provide specialized guidance to those going through a divorce or planning a ...

When you think about the role of a financial advisor, you likely think about how they can help you invest or plan for retirement. But there’s another vital task a financial advisor can help with ...

Estate planning isn't just about distributing assets. Working with a financial adviser can ensure you've considered the big picture — and the finer details.

“Coordination of your entire financial game plan is very important and a good financial adviser should be able to coordinate all of the areas I outlined above for 1.12% annually,” says Primeau.