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  1. Financial Services. Develop innovative answers for financial institutions in a fast-changing environment. We work with companies across the full spectrum of financial services, including banking, payments, insurance, wealth and asset management, and capital markets.

  2. Jul 28, 2022 · Financial consultants are financial advisors who help people manage their money. Some financial consultants hold a certification as a chartered financial consultant, or ChFC.

    • Alana Benson
  3. BCG’s financial services consulting leaders offer strategic thinking, transformative expertise, and technical know-how. We draw on deep financial sector relationships and inter-disciplinary knowledge across multiple industries, capturing best practices that cut across global markets.

    • What Is Financial Consulting?
    • What Do Financial Consultants do?
    • Financial Consultant vs. Financial Advisor: How They Differ
    • When to Get Help from A Financial Consultant
    • Financial Consultant Fees and Costs
    • How to Find A Financial Consultant

    Financial consulting involves developing an overall financial plan including retirement planning, estate planning, tax strategies, debt management and more. Financial consultants are very similar to financial advisorsand the two terms are often used interchangeably. A financial consultant may also hold the chartered financial consultant (ChFC) desi...

    A financial consultant will first get an overall picture of a client’s financial situation. They’ll work to understand your assets and liabilities, your short- and long-term financial goals, as well as your risk tolerance. From there, financial consultants can help you come up with a plan that addresses your needs and goals. They may help you set u...

    Financial professionals use different terms to refer to themselves, so there is often little difference between a financial advisor and a financial consultant. However, just like in other professions, just saying you’re a financial consultant or advisor doesn’t make you a good one. You’ll want to understand the training and education of a financial...

    Hiring a financial consultant comes down to your individual circumstances and needs. In general, the smaller your investment portfolio is and the simpler your financial life operates, the less likely it is that you’ll need a financial consultant. You may benefit from using a robo-advisor, which automates the investing process based on your goals an...

    The average cost of financial advisorsdepends on the fee structure they use. Some advisors charge a set retainer fee or by the hour. The cost of a fixed fee can range from $2,000 to $7,500 per year, or higher, depending on the complexity of your financial situation and the services the advisor will provide. With a percentage-based fee, you’ll pay a...

    One of the best ways to find a good financial consultant in your area is by asking friends and family for referrals. They’re most likely to give unbiased advice on who may be best to hire and whether they’ve worked with consultants in the past that they’d recommend. You may also be able to find consultants and advisors by searching websites such as...

  4. Discover how EY's finance consulting services can help your business capitalize on opportunities to drive profitable growth and drive transformative change.

  5. Learn how we help financial services firms improve performance. We offer a global perspective and cover all banking and insurance sectors and capabilities.

  6. We provide advice on valuation, financial analysis and modeling, transaction support, capital markets and treasury to help clients develop and implement bold strategies.

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