Financial planners
Fee only financial planners can usually be divided into two basic types: those who work on the buy side and those who work on the sell side. planners on the buy side work for companies that have a great deal of money to invest. These companies, called institutional investors, include mutual funds, hedge funds, insurance companies , independent money managers, and charitable organizations, such as universities and hospitals, with large endowments. Buy side Financial planners work to devise investment strategies for a company’s portfolio. Conversely, planners on the sell side help securities dealers to sell their products. These companies include investment banks and securities firms. The business media also hire financial advisors that are supposed to be impartial, and as such occupy a role somewhere in the middle.
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