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3. Different types of financial advisors

How to Decide Which Type of Financial Advisor Suits You

In the end, make sure you consider what matters most to you. Understand that you might need more than one financial advisor to meet your needs. As you build wealth and your assets grow, you might need two or three different types of financial advisors to help you manage your money.

And you might need different types of advisors at different stages of your life. If you’re just starting out with handling your finances and don’t really know where to start, a financial coach can be a good choice. Or visit a financial planner to help with some long-term goals while using a robo advisor to start investing. And later, as your needs change, adjust which types of financial advisory services you use.

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