![34898financial advisor.jpg](https://steemitimages.com/DQmfAeeMMGoazujgwxWXFvqWGoKUY9cz762hDXkyC5Q8h2c/34898financial%20advisor.jpg)

Financial advisors can have multiple specialties, but the basic idea is that they will help you invest your money to reach your financial goals.  These goals could include retirement, saving for college, minimizing your tax burden, giving to charity, budgeting, debt reduction, or generating income.  In addition to helping achieve your goals, a financial advisor should help you understand the strategies behind these investment decisions so you are better informed.

A good advisors investment plan will be clearly defined and your assets should be well diversified into different types of instruments like stocks, bonds, cryptocurrency, real estate, and commodities.  This is a good sign you have a knowledgeable advisor

Your advisor will also help minimize emotional or behavioral setbacks.  Most over the counter traders panicked during the 2008 crisis and sold their stocks. An advisor will counsel you in those confusing times; his job is to help set expectations for the growth of your portfolio.

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