Financial consulting involves providing expert advice to individuals or businesses on managing their finances. Consultants analyze financial situations, develop strategies for budgeting, investing, and saving, and help clients achieve their financial goals. They may also assist with tax planning and retirement strategies. These professionals often have backgrounds in finance, accounting, or economics and use their knowledge to guide clients through complex financial decisions. Financial consultants can work independently or as part of larger firms, offering tailored services to meet the unique needs of each client, whether they are individuals or organizations like small businesses or nonprofits.