A Financial Advisor's Diverse Roles A financial advisor is a partner in your financial planning. Assume you wish to retire in 20 years or send your child to a private university in ten. To achieve your objectives, you may want the assistance of a competent professional with the necessary licenses; this is where a financial advisor comes in. You and your advisor will discuss a variety of subjects, including how much money you should save, the types of accounts you should have, the sorts of insurance you should have (such as long-term care, term life, disability, and so on), and estate and tax planning. In addition to being a financial advisor, he is also a teacher. Part of the advisor's job is to explain what's involved in achieving your long-term objectives. Financial subjects may be covered in depth during the educational process. Budgeting and saving are two subjects that may come up early in your relationship. As your expertise grows, the adviser will help you understand complex investment, insurance, and tax issues.