
Financial advisor vs. accountant: What’s the difference?
When to hire a financial advisor or accountant.
Brian Baker, CFA, covers investing and retirement for Bankrate. He previously worked in equity research at Diamond Hill Capital Management and is a CFA Charterholder. His work has appeared online in various publications including MarketWatch, Fortune, the Omaha World-Herald, the Minneapolis Star Tribune, The Detroit News, MSN and Yahoo Finance. He also serves on the Investment Task Force for the Society for Advancing Business Editing and Writing.
Prior to joining Bankrate, he covered mergers and acquisitions for MLex Market Insight in Washington, D.C. Baker is passionate about helping people make sense of complicated financial topics so that they can better plan for their financial futures.
Readers can rely on his articles to learn more about a variety of investing topics such as how to start investing, investing through mutual funds, when to sell a stock and how investors can manage their emotions.
Baker’s passion for investing developed in college after reading about the success of long-term investors like Warren Buffett and Charlie Munger.
Investing can be intimidating, but following some basic principles can put you on the path to achieving your financial goals.
— Brian Baker, CFA
When to hire a financial advisor or accountant.
You can’t easily create an ETF that trades but you can build an ETF-like portfolio.
As you get closer to retirement, your financial strategies have to shift a bit.
These stocks have been added or removed from the S&P 500 this year.
Robinhood offers zero commission trades on stocks, ETFs and options — a key feature that made Robinhood a household name. Commission-free cryptocurrency trading is also available, albeit with a built-in markup.
E-Trade has a wide variety of valuable tools and easy-to-understand resources that offer a lot of value for beginners.
Wealthfront ranks among the best robo-advisors, offering sophisticated portfolio management, a top cash management account and some of the most useful planning tools. Wealthfront scores big in all major areas – then somehow does it all at low cost, too.
What every investor should know about the different types of stock.