Whats the difference between a “financial advisor” and a “financial analyst”?
Financial advisor is the one give a professional financial advice for bankruptcy or any financial related while the Financial Analyst who performs financial analysis.
A financial advisor typically offers financial advice to both individuals and corporations. A typical financial advisor could offer individuals guidance on trust/estate planning, investments, etc… They would meet with clients on an individual basis and recommend scenarios based on unique wants and needs. A financial advisor needs to know the products and services their company offers that would best be utilized by an individual or corporation. A financial analyst typically works behind the scenes to provide the advisor the financial data he/she needs in order to offer the correct product/service to the customer. For example, in my organization I meet with the client face to face, listen to their unique needs and recommend products and services designed to solve problems/save money/time, etc… The analyst would have worked in the “back office” to help develop those products, or “underwrite” risk, etc… As an investment banker, an analyst would provide me with industry research, prod