Adviser is normally a person with more and in depth knowledge in a specific area. The adviser may be referred to specialist in some area of studies. There is an existence of different types of adviser in different fields. Some of the popular advisers of the world are as follows: - commodity and trading ad visor, fee-only financial adviser, investment adviser, tax adviser, financial advisers. The financial advisers so called the back bone of any existing organization is known as the practicing professional, who helps people and their organization to deal with various personal financial issues through proper planning. The adviser even has the knowledge in the investment field and advises the firm or the client on the investment decisions made. Thus an adviser is a professional who renders investment advice, financial planning service, individual business and the government. While, adviser is the individual who gives tips and guides in certain areas which leads to the improvisation and tend to develop the institution. The adviser knows the pros and cons, and thus advises on official or professional front in a specific area of the concern that needs to be changed in order to improve the institution or organization globally.