Financial advisor vs Investment Advisor?

Mashreq Bank24 Aug, 2020Business

Many of you had heard the terms ‘investment and financial advisors’, frequently these terms are used for each other’s substitute. Habitually people use the first term but in actual it meant the lateral one. Before you get confused about these terms, allow me to explain. Often in the investment market people uses a phrase that ‘an investment advisor cannot act as a financial advisor; however, the financial advisor can act as an investment adviser.’ From this, you can understand the difference between these two roles.