Q&A about: Investment Advisors
I have a lot of credit card debt. Can a financial advisor planner help me get rid of debt?See Question1 responses- Answer A financial advisor can help you manage your finances. They cannot get rid of your debt but they can help you manage your money in a way that makes it easier for you to understand your financial situation and pay off your creditors. In some cases, they can help you get a lower interest rate but you still have to pay the debt you've incrued. Maria M. from Beverly Hills, CA
What are the benefits of having a financial advisor if I am loaded with debt and currently can't put any money towards retirement?See Question1 responses- Answer A financial advisor will sit down with and go over all of your outstanding debt and compare it to your assets and devise a plan that will work for you. They can advise you which route to take in clearing all debt and also advise you of competent investments. Justin B. from Duluth, MN
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