206 MG Six Types of Financial Advisors
Money Girl
Macmillan Holdings, LLC
4.6 • 1.8K Ratings
🗓️ 19 January 2011
⏱️ 9 minutes
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| 0:00.0 | Hi friends and thanks for joining me on the Money Girl Podcast. |
| 0:07.0 | I'm Laura Adams, the author of the brand new book Money Girls Smart |
| 0:15.9 | moves to Grow Rich. |
| 0:17.8 | Now let's talk about financial advisors. |
| 0:21.0 | Seeking help from advisors is a smart way to get your personal finances in shape this year, |
| 0:27.0 | even if you have a do-it-yourself philosophy about handling your money. |
| 0:31.0 | Before you make an appointment, however, you should get to know the different |
| 0:35.2 | types of advisors and understand exactly what they do. Advisors can play a critical role in helping |
| 0:42.0 | you build wealth, protect your assets, answer complex questions, |
| 0:47.0 | plan for retirement, improve your money management skills, and break through barriers that are holding you back from accomplishing more. |
| 0:55.0 | Financial advisors are for everyone, not just the rich and famous. |
| 1:00.0 | You can meet with an advisor for a one-time consultation or maintain an ongoing relationship. |
| 1:06.4 | The idea is to find the right advisor for your specific needs. |
| 1:10.8 | So without further ado, here are six types of financial advisors, what they do, what they |
| 1:16.6 | charge, and how they can help you achieve your financial goals. |
| 1:21.7 | Financial advisor number one, a tax accountant. |
| 1:25.0 | A tax accountant has expertise in tax planning, filing income tax returns, and preparing |
| 1:31.0 | financial statements. |
| 1:32.0 | If you have anything that's complicated when it comes to taxes, |
| 1:36.0 | like rental property, business interests, |
| 1:40.0 | self-employment income, or a home office, |
| 1:42.0 | be sure to hire an accountant to do your taxes. |
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