What Should your Financial Advisor be Responsible For?

Thanks to the rise of financial management groups like Betterment and Wealthfront, we’ve seen so-called “robo-advisors” and the use of increasingly advanced algorithms disrupt the financial services sector.

Hiring financial advisor

The vast majority of everyday citizens are still likely to turn to a traditional financial advisor when organising their money, however, as this provides them with a reliable point of contact who can offer reassurances concerning the validity of their investments.

This is just one aspect of a financial advisor’s role, however, which encompasses a number of different tasks on a daily basis. We’ll address this further below, while asking what your financial advisor should actually be responsible for.…

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