A financial advisor is a person who, whether working independently or as part of a company, provides help on various issues related to finance and personal economics. Among other topics, they often work on issues such as investment selection, retirement planning or estate planning. At first glance, it might be thought that working with financial advisers is a necessity for people who do not have the knowledge or time to personally take care of these issues. However, this is not necessarily the case.
On the contrary, many of the great personalities of the world of the economy and the financial markets hire the services of these advisers. In the same vein, Bill Gross is popularly known as “The King of the Bonds” thanks to his extensive record of accomplishment of success as an asset manager for decades in the fixed income market. However, Gross receives financial advice from Morgan Stanley. Continue reading “What are the benefits of working with a financial adviser?”