# Why Do I Need TruNorth Advisors and What Will They Do For Me?

Everyone wants financial growth and stability but only a few achieve it by making prudent and controlled investments and financial planning. This is where the employment of an investment advisor from TruNorth Advisors is the most appropriate move that you can make to bring you a step closer to achieving your financial goals and aspirations in the long term. The difference between being rich and wealthy is a line, and the distance between the two is as big as the one between winning a lottery with no plans and saving up and investing enough money to support yourself and your loved ones without having to work the rest of your life. This guide will take you through who investment advisors are, what they do and how engaging one can assist you in laying the blueprint of smart and heavy-return investments.


## What is an Investment Advisor and What Do They Do?

An investment advisor or planner is a financial and investment management professional of his/her clients in the long term. One of their tasks is to help their clients learn and understand investments and how to make the right decisions, as well as talk about their vision of their finances to make it come true. Every financial advisor must be registered either by SEC or by the state level according to the amounts they handle.

Now, we shall go deep and learn the roles and responsibilities of an investment planner:

1. Assessing the Current Financial Situations of Clients
The initial step that any investment consultant would take on behalf of his or her client is to consider his or her current source(s) of income, spending patterns, debts, loans and mortgages in case they exist, current investments, and future aspirations.

2. Investment Strategizing
Once the investment advisors have evaluated the financial status of their client, they begin to prepare a plan to bring their client out of their present financial position to bring them nearer to their goals and milestones. The key aspects of this phase include the decision of where to invest, the amount to invest, the mediums to invest and risk management among others.

3. Investment Portfolio Management of Clients
Having developed the strategy, it is time to begin with proactive measures to bring it to life by putting those investment strategies into practice and observing the outcomes that follow. In addition to this, diversifying investments, monitoring the overall performance, and revising the strategy according to the market conditions and client expectations is also what TruNorth Advisors help you with.

4. Providing Financial Advice
This is fundamental to all investment advisors such as [**Matt Dixon**](https://mattdixongreenvillesc.net) to offer financial advice to their clients on topics such as mutual funds, stocks, bonds, real estate, and others more after personalizing their advice with consideration of the current finances, goals and risk tolerance of the individual client.

5. Fiduciary Duty
Some investment planners assume fiduciary responsibility which requires them to serve the interests of their clients first before any other interests. This will enable your investment consultant to be neutral in his or her approach to enable him or her to provide unbiased advice to prevent conflicts of interests without compromising client confidentiality.

6. Other Financial Planning Aspects
Besides the above mentioned duties, investment planners also assume other financial planning services such as budgeting, retirement planning, estate planning, tax efficiency and many more depending on the needs and preferences of the client.

### In What Scenarios Do I Need an Investment Advisor?

Hiring an investment planner is always a good choice irrespective of age or current financial trends. Nevertheless, we have enumerated some of the tricky financial situations that an investment consultant can assist you to get out of as you focus on wealth:

Scenario 1: Major Life Events
Significant life changes and events demand good and safe financial management like that which financial advisors at TruNorth Advisors can earnestly assist you with financial choices in situations like marriage, divorce, birth of children, home ownership, career change, health problems, or even when you are nearing retirement.

Scenario 2: Wealth Management
In case your finances are rich in non-salaried funds, an investment planner can assist you in managing your finances as a business owner, heir of multi-generational wealth, inheritance, etc. With the help of an investment or financial advisor, these resources can be handled, spent and invested in a wise manner.

Scenario 3: Knowledge or Motivation Deficit
Most of the population lacks that part of the knowledge to know what stocks, bonds and mutual funds to invest in and how. Conversely, other individuals struggle to remain motivated to invest even when they know what to do. The two cases here can be of great benefit in maximizing their savings and investments by engaging an investment planner from TruNorth Advisors.

Other than those listed above, you can also consult an investment consultant even in situations where you may not be able to chart out how to achieve your financial objectives, or where you may be an emotional investor without adequate knowledge, or where you may have huge sums of unpaid debt.

### Hiring an Investment Advisor to Help You Maximize Returns

At this point, it is absolutely clear how the collaboration with an investment advisor from [**TruNorth Advisors**](https://retiretrunorth.com) enhances your whole strategy by assisting you to establish attainable objectives and milestones, gradually approaching them by investing in the appropriate manner. By making small and manageable steps you begin to lay the groundwork to safe and healthy finance management practices that will see you through to the end.