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Financial Advisors in the UK
Investline Financial Advisers
Wilmslow, Cheshire, North West England, SK9 1LX
Rehana Hindle has been in the financial services industry for over 30 years predominantly working for large institutions before setting up Investline 14 years ago. Our client base has been built
Ashley Independent Financial Advisers
Atherstone, Warwickshire, West Midlands, CV9 2NU
Our job is to give you advice, not sell you products. We are independent which means we do not need to offer you products from one source, we can source products from the whole of market. Ashley
Griffins Financial Solutions
Newbury, Berkshire, South East England, RG14 1JX
As Chartered Financial Planners, and Independent Financial advisers based in Newbury and Reading in Berkshire, Griffins Financial Solutions believes that financial planning goes way beyond providing
Investment Solutions
Worthing, West Sussex, South East England, BN11 1QT
Investment Solutions has been providing Independent Financial Advice to clients across the country, including London and the South for over 25 years. Based in Worthing with offices and representatives
Wells Financial
Tunbridge Wells, Kent, South East England, TN1 1UX
Wells Financial Ltd was founded with a clear objective of providing truly independent financial advice coupled with a friendly and professional service to private customers and small business owners.
Stevenson D M
Londonderry, North Yorkshire, Yorkshire and the Humber, BT47 6DP
We are an independent business providing completely impartial advice for our clients. We ensure we sit firmly on the side of our clients helping them make important financial and planning decisions so
Barchester Green Investment
Holborn, Central London, London, WC1V 7QH
We offer a wide range of services to individuals, social enterprises, charities and private business. We operate on either a fee or adviser charge basis depending upon the requirements of our clients.
Eastern Financial Consultants
Norwich, Norfolk, East England, NR12 8UG
We were established by three individuals who have been working as Independent Financial Advisers in and around Norfolk and Suffolk for many years, with over 50 years experience in financial services
Aspect 8 Brighton
Brighton, East Sussex, South East England, BN1 6BG
By helping you to understand your finances and how they fit into your life we can ensure that you money is working for you - whether that is maximising your annuity income, diversifying your
KGS Financial Services
Bramford, Suffolk, East England, IP8 4BB
KGS Financial Advisers Ltd is an IFA firm that provides help and specialist advice for your financial requirements, whether they be Retirement Planning, Protecting yourself and your family, or how and
Nautilus Asset Management
Coventry, West Midlands, West Midlands, CV4 7AF
We are dedicated to creating a meaningful, long-term relationship with you that is based on understanding, knowledge and commitment to progress. We are a company of action: proactive, professional and
Watson French
Truro, Cornwall, South West England, TR1 2PN
When your future prosperity relies upon finding sound advice, you'll most likely ask somebody you can trust. So here at Watson French, we're flattered that 95% of our clients arrive by personal
Grenke Leasing
Salford, Greater Manchester, North West England, M50 2ST
At Grenke, we take a personal approach to our work. We believe that traditional values such as transparency, fairness and honesty still hold true and we strive to ensure that these continue to
Murray & Lamb Chartered Accountants
Stanley, County Durham, North East England, DH9 8AJ
Murray & Lamb are the North East's premier chartered accountants with years of experience we have built up a reputation for our technical knowledge and reliability. Covering Durham, Gateshead,
Matt Tilley
Wotton under Edge, Gloucestershire, South West England, GL12 8AJ
Invest Southwest Bristol is your dedicated team serving the Bristol, South Gloucestershire and surrounding areas. We offer truly independent and professional advice to both people and businesses.
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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