From Our Point of View

In this blog we will discuss what a financial advisor can do for you, whether you need one, and the benefits of hiring one.

Everyone’s investment plan is different, based on their current financial situation and their future financial goals, meaning cookie cutter portfolios won’t cut it. With that being said, there are definitely some common investing strategies, especially among the ultra-high-net-worth community.

Let’s unpack why and when you need to hire a financial professional, and how to choose between an accountant, financial advisor, or both when the time comes.

It’s no wonder that so many entrepreneurs and small business owners decide to reclaim some of their time and defer their finances to the expertise of one or more accounting professionals. What accounting services do you need, though? Are “bookkeeper” and “accountant” synonymous? And what about CPAs?

Accounting services provide an avenue for businesses to hand off their accounting needs and worry about other critical business operations. Not only that, but outsourcing accounting services can be cost-effective by paying only for what you need, so it doesn’t break the bank. Outsourcing is primarily motivated by cost reductions, a desire to focus on core business tasks, and the need to address capacity constraints.

In this guide, we highlight how a bookkeeper does more than just “keep the books.” They also tailor an individual financial plan to your business’s needs and goals. Understanding what a bookkeeper does will help you make an informed decision on what best suits you and your business. So what is a bookkeeper’s job description, and what services do they provide?