Financial planning is important for any types of investment, Our team of expert financial planner helpful in managing your overall wealth, we give you best financial Advice where you need to invest your wealth, help in buy best life insurance policy because buying insurance plan is not easy it leave lots of question for us so our best adviser help you advice you for selection of plan.

We help you and give you advice for financial investment, portfolio management, Tax save plan, retirement plan, personal insurance, business insurance, financial planning for high profile individual.

In the field of financial planning Australia words are used interchangeably for financial planner Melbourne and Financial Advisor Melbourne.

Financial Planner
If your goal is to create a program to meet long-term financial goals, then you probably want to enlist the services of a certified financial planner. You can look for a planner that has a speacility in taxes, investments, and retirement or estate planning.

If your financial planner is providing an ongoing service, they may charge you a percentage of those assets which they are managing. Some also charge a flat rate or hourly fee in addition to that percentage.

Financial Advisor
A financial advisor is simply a broad term to describe a professional that can help you manage your money. They may broker the sale and purchase of your stocks, manage investments, and help you create a comprehensive tax or estate plan.

Financial advisors are typically compensated in one of three ways. We’re breaking this down step by step so you can be prepared when you start shopping.

1. Fee-Only
Fee-only services are based on each service that the financial advisor provides you. If your financial advisor lists their services as fee-only, you should expect a list of services that they provide with a breakdown of those fees. These professionals don’t offer any sales-pitch and usually, the services are cut and dry and to the point.

2. Fee-Based
Fee-based advisors charge an upfront fee and then earn commission on the financial products you purchase from them. You can expect a heavy sales-pitch from these professionals as they are trying to up-sell you on the products you already need.

3. Commission
Commission based advisors only earn money based on the products you purchase from them. They are typically paid through a third party company. Again, you can expect a sales-pitch and maybe even some pressure as these professionals present you with financial options for your portfolio.

Author's Bio: 

This article is published by Simon Sharing information regarding Responsibilities of Financial Planner and Financial Advisor Melbourne