Finanzberater-Definition: Finanzberater – was macht er?
Financial advisor definition: Financial advisor - what does he do?
The definition of a financial advisor is as follows: Financial advisor is the professional title for a service provider who advises clients on financial investments, loans or insurance. Financial advice is provided in relation to an event or as part of structured financial planning. A financial advisor therefore brokers financial products. They are employed or self-employed. Self-employed advisors are often contractually bound to providers of financial products (banks, insurance companies) or financial sales companies.
Financial advice focuses on four central points:
- Capital formation
- Pension provision (today and in old age)
- Optimum insurance cover
- Home financing
In addition to advice, financial advice also includes the implementation of measures and the sale of suitable financial products.
