Posts  / #POST-208240
REDDIT

Why would someone hire an investment advisor instead of an investment manager?

A
Apr 27, 2025 · 13:06

If someone is going to hire a business/finance professional to help them take are of their wealth, why hire an investment/wealth/money/asset *advisor* (someone who merely gives advice) instead of an investment/wealth/asset/money *manager* (someone who actually manages your portfolio for you)?

Why would clients prefer mere advice over an more comprehensive service?