Trending articles
-
Top Tips from a Financial Advisor for ...
21 Jun, 2022
-
Top Tips to Help You Be a Better ...
05 Oct, 2020
Partner's ads
Financial Advisors in the UK
Fox Financial Management
Like life, money should be enjoyed. Presuming that everyone around you has life sorted and is on top of things is an unrealistic comparison. Savings, investments, insurance. It's like holding a map in
Kingston Independent Financial Advisers
Northampton, Northamptonshire, East Midlands, NN1 5LL
Kingston PTM Ltd now has two offices, one in Northampton and the other in Ferndown, Dorset. We are able to provide a full Financial Planning and Taxation service to all of our clients. If you wish to
Qi Financial Solutions
Croydon, South London, London, CR0 1XU
Qi Financial Solutions offers expert independent financial advice. We work hard to get to know our clients so that we can provide holistic, bespoke and intelligent advice on how to create, build and
Charles Hamer Financial Services
Thame, Oxfordshire, South East England, OX9 3HX
Specialists in Anglo French financial planning since 1988 Charles Hamer financial services arrange French mortgages and provide additional financial services for those intending to purchase a property
J Finance
Newbury, Berkshire, South East England, RG14 5BN
Are you making the most out of your financial situation? Getting advice about your finances can help improve both your current and future prospects. At J Finance we assess the entire market to develop
Highwood Financial Services
Watford, Hertfordshire, East England, WD18 0DE
Run by partners with many years combined experience in financial planning and wealth management Highwood has been going from strength to strength in recent years. To consolidate the growth of the
Lighthouse Carrwood
Stockport, Greater Manchester, North West England, SK3 0ET
Are you concerned about your pension? Maybe you think that your investments are not performing as you expected. Would you like to know how to make the most of the many ways you can legitimately reduce
Redwood-Financial.co.uk - Financial Advisors
Horsham, West Sussex, South East England, RH12 1AY
Obviously, the only reason to come to a company like ours is to improve your financial standing. Which is why at Redwood we pride ourselves on building long-term relationships. It's the only way we
Hird A J
Skipton, North Yorkshire, Yorkshire and the Humber, BD23 2JB
We have been providing quality, professional, financial, mortgage and life assurance advice to our clients for over 25 years! Much has changed in the financial world over this time but our approach
Andrew Gray & Associates
Newport Pagnell, Buckinghamshire, South East England, MK16 0JW
We all know that management of our finances is vitally important for the lifestyle we want to lead, for our families' aspirations and for a thriving business. We provide friendly, professional and up
Financial Choices
Whitstable, Kent, South East England, CT5 3JF
Financial Choices is a financial adviser based in Kent. Advice is provided to both individuals and companies on all aspects of financial planning, through a long term approach of fully understanding
Acumen Associate Financial Services
Pontyclun, Rhondda Cynon Taff, Wales, CF72 9UA
Wealth, just like your health, must be carefully preserved. Your assets need to be protected against the potential threats of erosion by taxation, the effects of inflation & investment risks. Whatever
Peracto
London Bridge, South East London, London, SE1 3HA
Peracto Search is an executive Financial Technology Search and Selection firm. We are a trusted recruiter to some of the world's leading Financial, Trading, Software and Consulting companies. Our
Charles Royle
Newton Abbot, Devon, South West England, TQ12 2HR
As we become older, it is natural to become more concerned about the future and what it holds for us. Often, it is difficult to know who to discuss your concerns with. Both Andrew Durban and Nick
Bathgate Leasing
Wirral, Merseyside, North West England, CH48 4DX
Established back in 1991 as Bathgate Leasing Ltd, we have since developed into a fully fledged Business Finance Solutions provider serving the UK's increasingly important SME market. Being a small
Can't find your business?
Adding a business to FinancialExpertAdvisors.co.uk is free.Frequently Asked Questions and Answers
- Click here to navigate to the Login page.
- If you haven't yet registered, click here to navigate to the Registration page.
- Fill all required fields.
- After you have logged in, click on "Add Business.
- After you have clicked on "Add Business", you will be redirected to another page.
- You can now fill in the details for this Business.
- Click on the "Create" button.
- Your listing will now be "pending approval".
- One of our Administrators will review your listing and decide whether to Approve or Reject it.
- Priority listing positioning for city, county, in the search results, and our home page.
- A website link on the listing page.
- Can add services with links included.
- Have access to all submitted free quotes from our visitors.
- Increase leads that you can follow up and generate sales from.
- Increase your online presence which, these days, is an indispensable commodity.
- Allow the thousands of potential customers who use the directory each month to find you.
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