With his knowledge of investment theory, your financial planner
can assess your current portfolio and help you choose an investment
strategy that is appropriate to your situation, your constraints
and your goals. Then he can coordinate the implementation of the
strategy and track its development.
Investment objectives are generally defined in terms of risk
tolerance and return expectations. In fact, it would be more
accurate to talk about loss tolerance than risk tolerance. How much
money can you lose before you start to panic?
The constraints may involve your investment horizon (what is the
time line for your investments?), your need for cash or your need
for income.