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Financial Advisors in the UK
Oakenshire Start-up Business Services
In an inclement market, getting the right advice and support is essential. Your new business idea could be the solution to your future financial success and an extremely rewarding lifestyle. However
Core Financial Services
Maidstone, Kent, South East England, ME14 5PP
Established in 2004 and now proud to be one of the leading providers of Independent Financial Advice in the country. We deal with all aspects of financial advice covering life assurance, pension and
Parkview Financial Planning
Lowestoft, Suffolk, East England, NR32 1PL
We are a firm of Independent Financial Planners who have demonstrated the endeavour and commitment necessary to qualify for Chartered status with the Chartered Insurance Institute (CII). This means we
Bulwark Financial Services
Warrington, Cheshire, North West England, WA4 6BY
We believe that obtaining qualified independent advice is the most responsible way for individuals and businesses to look after themselves, their families and their futures. We believe that we have
Cornerstone Financial
Wolverhampton, West Midlands, West Midlands, WV3 7BY
My name is Kevin Hever the owner of Cornerstone Financial. You will be glad to hear, I get a real buzz from being able to improve my customer's lives in small and sometimes bigger ways; I am dedicated
Bespoke Bridging Finance
Stanmore, North West London, London, HA7 3RG
BBF specialises in providing the short to medium term bridging loan you need right now. We offer a quick and easy way to raise finance for any residential or commercial property development project.
E G Murray
Airdrie, North Lanarkshire, Scotland, ML6 9BU
E G Murray is an independent consultancy providing specialist business insurance, corporate services and financial planning advice. We provide a personal, friendly, client focused approach. By working
Mackenzie Financial Planning
Bury, Greater Manchester, North West England, BL9 6BU
Paul Jones and Jane Holt have shared values in business, and a passion for providing clients with real financial planning. As a boutique financial planning practice, Mackenzie Financial Planning
SDB Strategic Planners
Newcastle under Lyme, Staffordshire, West Midlands, ST5 8BQ
In an industry with a high staff turnover, we stand out by offering our clients reassuring continuity. Our chairman, Stuart Bryant, has been here from the start. Fellow director, Jo Watt, joined the
Jay Financial
Swadlincote, Derbyshire, East Midlands, DE12 6PF
Launched Jay Financial as a Financial Services Authority directly authorised firm embracing fee based advice, retainers and fixed fee work 5 years before regulatory compulsion. The guidance and/or
Ripe Chartered Accountants
Hendon, North West London, London, NW4 4AU
We often meet people who say they do not understand their personal financial situation. We look to provide clarity after getting to know you and your goals, following which we can give best advice
Spillane Independent Financial Services
Southport, Merseyside, North West England, PR9 0PQ
We hope you find the site both useful and informative. The General Insurance Services and made available to you through our website are introduced by ourselves to a third party, however you can be
Tandy
Burton upon Trent, Staffordshire, West Midlands, DE14 2WQ
Mortgages are one of the largest single transactions in most people's lives. Buying a property can be a stressful and time consuming experience, although nowadays the financing of a mortgage is a case
Amber Finance
Amber Finance offer clients a true 'one stop shop' facility, our core competence is to provide you a fully managed and professional service to secure the most competitive funding offer available from
Awics
Appleby in Westmorland, Cumbria, North West England, CA16 6XN
AWICS is a management consultancy and training company. We specialise in providing support in finance and management to clients who provide public services, principally in local government andhousing.
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Do you wonder what a financial advisor does for a living? Maybe you need the professional assistance and help of a financial advisor? We can help you choose the right financial advisor and specialist in that field by sharing more about what a financial advisor does and how they can help you. Stay tuned to learn more.
Why Choose a Financial Advisor?
In a nutshell, a financial advisor is this type of specialist who will advise you on your financial endeavours and affairs, the investments you want to make, some good financial opportunities for you, the course of action you may take for your best. Naturally, people are not used to sharing a lot about our current financial situation and our plans. However, It is literary the job of the financial advisor to know about your plans, aspirations, financial past and help you explore a window of good opportunities. This article will provide you with an overview of what a financial advisor actually does and how the right financial advisor will help you choose the appropriate investments for you. With the help of such information, you will be able to choose the right financial advisor for you. At the end of the day, a financial advisor is someone you have to fully trust and rely on. Therefore, make sure to follow our tips and recommendations and also go with your guts, when choosing a financial advisor.
What does a financial advisor do?
Think of your financial advisor as a planning partner. In order to accomplish your financial goals, you can benefit a lot from the professional help of a financial advisor. A skilled professional with the right licenses and qualification if someone who will help you make all good plans become a reality.
A financial advisor can be competent and help you in different aspects, including the amount of money you should save in order to finance your plans and goals, the types of accounts that are best for you, the kinds of insurance that is best for you, estate and tax planning, etc. Part of the job of a financial advisor is also to help you understand how you can achieve your future financial goals. A financial advisor will have enough understanding, knowledge, and expertise in financial topics and be able to help you understand them too. Such financial topics a financial advisor will most likely discuss with you include budgeting, saving, complex investment, insurance, tax matters, etc.
However, the first thing a financial advisor will do for you when you start working together is they learning more about your financial health and current financial situation. It is impossible to make a solid plan for a financial future if you don’t know where you stand at the moment. Therefore, a financial advisor will start with this aspect, typically learning more about your financial health through a detailed questionnaire they will give you to fill in. Make sure to provide honest and detailed answers, as this will help the financial advisor understand all important information about you and your financial health.
Financial Advisor and the Financial Questionnaire
The way you will fill in the questionnaire you are given by the financial advisor will determine how well and detailed they will be informed of your assets, liabilities, income, expenses. This questionnaire will typically also cover topics such as future pensions, income sources, project retirement needs, long-term financial obligations if any. You should also let the financial advisor know more about your investment preferences. This initial stage of assessment of your financial plans and current situation also includes other aspects including insurance issues, your tax situation, your current estate plan, other possible professionals you are involved with on your planning team, including lawyers, solicitors, accountants, etc.
Financial Advisor and a Financial Plan
Once the financial advisor collects, assesses, and reviews all the details and information you provide them with, they will be ready to create a comprehensive financial plan for you that will pretty much turn into the roadmap of your financial future and provide you with guidelines. Such a financial plan will summarize your current financial situation and all key details you have provided and will also include all the financial goals you and your financial advisor have already discussed and planned. Such a document will cover a few important topics, including your risk tolerance, estate-planning details, family situation, long-term care risk, other possible present and future financial issues. Next, the financial advisor will continue the financial plan by mentioning all potential best- and worst-case retirement scenarios and the needed steps that have to be taken for preventing the worst-case scenarios.
Financial Advisor Plans Action Steps
A financial advisor is a professional, who is involved in not only helping you with investments but also dissecting and improving every aspect of your financial life and situation. In fact, it is not even necessary to hire a financial advisor in order to get professional advice on investments. However, most people will opt for the help of a financial advisor mainly because of investments. In this case, the job of the financial advisor is to set an asset allocation, keeping in mind your risk tolerance and risk capacity. What an asset allocation determines is how percentages of your total financial portfolio will be allocated towards different asset classes. Additionally, the financial advisor will adjust your asset allocation based on your current age and how long you have before retirement. The financial advisor will work in accordance with the law and regulations in the field and also with their own or their company’s investment policy when they buy and sell financial assets.
Financial Advisor and Investments
It is important for you to understand what and why your financial advisor is recommending. Don’t follow their recommendations blindly, always make sure to ask questions, if you are concerned or not sure you understand something. Also, keep a close eye on the fees you are paying to your financial advisor. Ask your financial advisor why they recommend an investment, also if they will get a commission by selling you this investment. Pay attention to the investment philosophy of the financial advisor’s firm too.
Why choose a financial advisor?What does a financial advisor do?
Financial advisor and the financial questionnaire
Financial advisor and a financial plan
Financial advisor plans action steps
Financial advisor and investments