What's the Difference Between a Financial Advisor and Insurance Salesman?

Many people are unaware of the distinct differences between a financial planner, financial advisor, investment manager, and insurance salesman. Let's dive deeper into the subject to gain clarity and protect our financial future. Most individuals assume these roles are similar, but in reality, they serve unique purposes and require different qualifications. In recent times, property and casualty insurance companies have expanded their reach into the realm of life insurance products. While annuities offer various options, it's crucial to understand that not all agents are equipped to provide retirement advice. Insurance agents, though licensed, may lack the expertise and fiduciary obligation to act in your best interests. They may be incentivized to sell insurance policies rather than provide comprehensive retirement planning services. #FinancialRoles #FinancialPlanner #FinancialAdvisor