Generally, most of people with moderate wealth and decent income could afford themselves to hire a  financial planner. Financial planner is an expert who helps individuals plan their financial future. This expert possesses a wide knowledge in different fields such as tax planning, investments and estate law, but probably he is not a financial professional you need in these particular spheres. Most likely financial planner can just provide you help by coordinating your financial plan with accountant, insurance agent, investment professional, and estate lawyer.
So what is the role of financial planner? An experienced, well-informed adviser will give you a good advice on how to save your money, protect them against risk, manage debts, increase assets, reduce tax liabilities, plan your retirement, identify entitlements for government benefits, and plan what inheritance is to be left to the next generation.
A financial adviser is responsible to you – to the client, not to an employer, a product manufacturer, to him/herself or to anyone except you.
The individual client’s circumstances and goals are taking into account while personal financial adviser providing personal financial advice and may or may not include the recommendation of buying a financial product. Because the role of a financial adviser not to sell financial products.
There is difference between general and personal financial advice
• General advice is advice on financial products that helps people make decisions about money but does not take personal circumstances into account.
• Personal advice considers a person’s objectives, financial situation and needs. With this understanding, the financial adviser can recommend appropriate strategies and, when required, appropriate financial products to suit individual needs and goals.
Financial planner will help you design comprehensive plan for you or your household. A professional financial planner will carry out for you a broad expertise to make you sure that your financial goals are met and that all areas of your financial life are included. Household's financial goals, budget, insurance and risk review, asset allocation, retirement plan, and a review of an estate plan are the main items of your financial plan which are hardly can be meet by brokers and agents because they are interested in commissions on financial products they sell.
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