Financial consultants may charge a flat fee, hourly rate, commission, or a percentage of assets under management. Be sure to ask about the fee structure during the initial consultation.

If you're facing major life changes (like marriage, starting a business, or retirement), have complex finances, or simply want expert help growing your wealth and avoiding costly mistakes, a financial consultant can be a valuable partner.

While the terms are often used interchangeably, a financial consultant typically offers more in-depth or strategic planning services, especially for businesses or high-net-worth individuals. Both roles aim to improve your financial health.

A financial consultant helps individuals or businesses plan and manage their finances. This includes investment strategies, retirement planning, tax advice, insurance planning, budgeting, and wealth management.