| Aspect | Investment Management | Financial Advisor |
|---|
| Credentials | CFP, CFA, Series 7/63 | CFP, Series 7/66 |
| Work Environment | Asset management firms, banks | Independent, bank, or firm-based |
| Primary Focus | Managing investment portfolios for clients | Providing financial planning and advice |
| Client Interaction | High, portfolio-specific | High, holistic financial planning |
Investment Management involves managing investment portfolios for clients, focusing on asset allocation and performance. Financial Advisors provide comprehensive financial planning and advice, often including investments but also covering retirement, estate, and insurance planning. While both roles require similar certifications and work in related environments, their core functions differ: one manages investments directly, the other offers broader financial guidance.