A financial advisor helps individuals manage their finances. They provide financial advice and planning services such as budgeting, goal planning, wealth building and management, debt management, estate planning, and retirement planning. To help clients reach their financial goals, they collect data to analyze their clients’ financial situation and create customized plans based on their findings and their clients’ risk tolerance. Most financial planners work full time in an office environment at investment firms, insurance companies, financial planning firms, or financial institutions.