Financial Advisory is a term used in financial services for financial advising services for corporate and individual clients. For corporate client advisory it can include M&A and raising capital while for individuals it can include financial planning, wealth management and asset management with SEC Registered Investment Advisors/or financial advisors providing advice on investments, insurance, estate planning, budgeting, retirement planning, tax planning as well creating tailored investment portfolios.
International firms who advise corporates such as Deloitte, PWC, Grant Thorton, Mazars and Lazard specifically have a "financial advisory" service as a offering to their clients. For example Deloitte provide financial advisory services around M&A, restructuring, economics and capital optimisation, while PWC provides comprehensive financial, economic and strategic advice to companies with complex business problems. Grant Thornton, works with corporates, financiers and investors on all aspects of financing, with a focus on growth. Mazars provides of financial advisory, modelling and training services to the global infrastructure market assisting with corporate transactions. Lazard's range of advisory services include financial and strategic advice, M&A and divestitures, corporate restructurings, strategic partnerships/joint ventures, raising capital.