What can an investment advisor help me with?

Are you considering working with an investment advisor but aren’t sure what they can help you with? You aren’t alone. We are frequently asked about the services investment advisors offer and what they can help you with and are here with the answers you need. Today, we explore the range of services an investment advisor offers, including portfolio management and budgeting, and when you should contact an investment advisor. 

An overview of investment advisors 

Investment advisors provide investment recommendations and strategies that help you get more out of your investments. They will carry out a security analysis to ensure your current assets and investments are protected and can provide guidance on how to grow your investments without worrying about losing money. Most investment advisors work with individuals or companies, helping them to protect their assets and increase their wealth. 

Investment advisors help you understand your investment goals and portfolio, providing you with advice that allows you to achieve your goals. They will provide you with investment strategies that match your needs, suiting your style and risk tolerance. Investment advisors can also help with debt management and budget assistance, and they usually offer financial planning services. 

What services do investment advisors offer?

Investment advisors offer a range of services, focusing on growing and managing your portfolio. The services they offer will vary depending on the advisor you choose. Many have different areas of expertise, but you will typically find investment advisors offering the following services: 

• Budget assistance
• Debt management
• Financial planning
• Investment advice
• Portfolio management 

Investment advisors usually have a range of portfolio management options too, allowing you to find the perfect option for your needs. The methods advisors use will vary, but usually, they will offer the following portfolio management options: 

Conservative portfolio

Conservative portfolios focus on protecting your capital while providing you with growth opportunities you can explore. The main focus is defending your current assets, and your investment advisor will usually advise against any high-risk investments. The goal here is to keep your money and increase your portfolio safely. The focus is typically split with 80% focus on defence and 20% on growth. 

Defensive portfolio

Defensive portfolios are good for anyone who is worried about losing money or their assets. They focus on stability and protecting your capital, instead of generating high returns. You will have a 100% defensive strategy that focuses on assets that are not volatile. This focus allows you to grow your portfolio without worrying about any changes to the market that could cost you money. 

Diversified income portfolio

Diversified income portfolios are ideal for anyone who wants a balanced approach to increasing their wealth. Your investments are split down the middle, with 50% focusing on defensive assets and 50% on growth. This allows you to grow your wealth and investments without too much risk. Half of your assets are protected so that any changes in the market don’t impact you too much. 

Growth portfolio

Growth portfolios look at increasing your portfolio and investments. Investment advisors help you increase your investments, expand your portfolio, and improve your chances of getting rewards and a high-value portfolio. Part of your investments is reserved to provide you with some stability and protection. Typically, a growth portfolio features an 80/20 split, with an 80% focus on growth and 20% on defence. 

High-growth portfolio

High-growth portfolios are focused on increasing your portfolio, making them a good choice for anyone who wants to increase their capital long-term. There is more of a risk here, as there is little focus on defence, so it is better suited to anyone who isn’t worried about losing money. You will have a 100% focus on growth, which can be risky, but does come with plenty of rewards if your growth is successful. 

Moderate portfolio 

Moderate portfolios help you grow your assets without too much risk, making them a good choice for anyone who wants to explore their growth, but wants protection in case the market changes. You don’t need to worry about losing your life savings with a moderate portfolio. Typically, a moderate portfolio will focus on 60% growth assets and 40% on defensive assets. 

When should I use an investment advisor?

You should use an investment advisor when you are considering making investments or already have investments and want to utilise them better. An investment advisor can help you decide which investments are right for you and offer guidance on making investments that will benefit your finances. 

If you have never made an investment before, we recommend speaking to an advisor before you do. They can help you better understand the world of investments and ensure you make the right choice. 

Find your investment advisor today 

Investment advisors are an excellent asset to anyone with investments or looking to create an investment portfolio. Solace Financial has a dedicated team of investment advisors who can help you with any size portfolio and ensure that your investments grow without posing too much of a risk. Contact Solace Financial to see what their investment advisors can do for you.