definition
strict definition
financial advisor
A retail or customer service branch specializing in investment planning and financial advice.
A financial advisor office is a retail branch or a customer service center for a firm specializing in offering financial advice to customers, especially in investment planning. These often offer brokerage services to their customers, and sometimes receive broker's commissions on any transactions made.
The location provides advice to customers, particularly about investment planning. Brokerage transactions can accompany that advice but are not mandatory.
A brokerage is dedicated especially to executing securities transactions. A financial advisor office retains its advisory purpose whether or not it also receives commissions on trades.
