Savings and Investments

Financial Planners and Investment Advisors

How are financial planners different from stock brokers, accountants, or insurance brokers?

Stockbrokers are versed in helping clients specifically invest and grow their wealth through the purchase of equities and other specific investment instruments that they represent. Accountants are able to give advice on taxes and tax strategies that can impact how much you must pay in taxes, what types of tax credits are available to you, and what you can do to limit your tax exposure in a given year. Insurance brokers are interested in selling policies to you, as a part of a larger investment strategy. Both stockbrokers and insurance brokers may earn commissions on what they recommend.


This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App