Why don't my accountant and financial advisor work together?

Investopoly · Mar 14, 2023 · 13m

Ensuring your accountant collaborates with your financial advisor is important, as they will be able to discuss and workshop ideas to improve your financial position. However, in my 20+ years of experience, this collaboration almost never occurs, unless they work in the same firm. Theoretically, there shouldn’t be any impediments to these two professionals working together. Practically, it doesn’t happen and depending on the complexity of your situation, it could be costing you. Accountants and financial planners are different beastsIt is a common misconception that accounting and financial…