What is the difference between financial advice and financial planning? Turns out a lot! Financial advice can come from your Uncle Al, the corner grocer, or your pal by the water cooler. Beware – many investors have lost money by acting on financial advice! On the other hand, financial planning is a systematic way to approach a persons’ finances and wealth. A Certified Financial Planner who has been trained in the six areas of financial planning, can make a big difference to your financial well-being.