Financial Planner

The term financial planner is somewhat open to interpretation, and technically anyone can call themselves a financial planner. Typically, though, a financial planner is a type of financial advisor who specializes in helping you set financial goals and develop strategies to reach them.

"Establishing goals will help you keep on track for financial success by holding you accountable," explains Jordan Gilberti, CFP and senior lead planner at Facet. "It serves as a way to measure progress, tweak the plan as needed, and curb spending toward aspects that we may not prioritize as much as reaching our goals."

A financial planner often helps across many aspects of one's financial life, such as creating a budget, setting up a plan to reach retirement goals, saving for a down payment on a house, saving and investing for educational expenses, setting up accounts based on optimizing taxes, creating a will and other estate planning documents, and more.