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Financial Advisors in the UK
Prime Time Financial
Fleet, Hampshire, South East England, GU51 3JF
Prime Time Financial is here to help you take full advantage of that time, whether you have reached retirement yet, or not. As the local over 50's specialists we can provide straightforward advice on
A J Life
Tilbury, Essex, East England, RM18 7BS
A J Life was formed in 1996 when the three partners: Dennis Copping, Steve Day and John Wyatt decided to pool their resources. We have experience in the world of financial services that dates back to
Wall 2 Wall Finance
Keynsham, Somerset, South West England, BS31 1HG
Welcome to Wall 2 Wall Finance, we have over 20 years experience in arranging all types of mortgages and source the most competitive funding possible for our clients needs. Our office is located near
PNM Financial Management
Preston, Lancashire, North West England, PR2 9YW
Over the years, we have established a well earned reputation for the highest levels of professionalism, founded on both the quality of our services and breadth of our expertise. We also believe in
Powell Financial Management
Liverpool, Merseyside, North West England, L8 5SN
As a client of Powells you will be assured of a highly professional service from our highly qualified and friendly team of advisers, consultants and back office staff. All our clients recognise that
Brooke Financial
Pudsey, West Yorkshire, Yorkshire and the Humber, LS28 7UR
Janice has over 24 years experience as a Financial Advisor and has built up a successful practice with over 1500 clients. Janice started out in financial services with Allied Dunbar and latterly
FB Wealth Management Grimsby
Grimsby, Lincolnshire, East Midlands, DN31 1LW
FB Wealth Management Ltd provides an independent financial advisory service dedicated to serving the needs of individuals, businesses and fellow professionals. We have done this successfully now for
Alpha Independent Financial Planning
Middlesbrough, North Yorkshire, Yorkshire and the Humber, TS3 6NF
Since then, he has continued to work within the Financial Services profession and in this period he has gained valuable experience and qualifications, including the Diploma for Financial Adviser
Kingfisher Independent Financial Planning
Trowbridge, Wiltshire, South West England, BA14 8PP
The great joy of financial freedom is having your heart and mind free from worry about life's uncertainties, and our aim is to pave the way for a more secure financial future for you, your family and
Fscom
Holywood, County Down, Northern Ireland, BT18 9HF
FSCom is a specialist financial services compliance company which provides regulatory and compliance advisory services to businesses in the FCA regulated sector. FSCom is now one of the leading
Simpson Wood
Huddersfield, West Yorkshire, Yorkshire and the Humber, HD1 2EW
At Simpson Wood we take care of all your financial requirements, looking after both your business and you individually - from the numerous legal compliance issues, to the more complex business and tax
Charles James
Dronfield, Derbyshire, East Midlands, S18 1RY
Charles James Financial Planning was originally founded as an insurance brokers in 1984 by my father, Robert Thorpe, and we have remained a family business developing into a firm of independent
Deep Blue Financial
Fareham, Hampshire, South East England, PO16 0XR
You have found us because you are looking for sound, independent financial advice. The use of an Independent Financial Adviser (IFA) is acknowledged as the most successful way to obtain Financial
Orchard Property & Financial Services
Wallingford, Oxfordshire, South East England, OX10 8DL
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The precise amount will depend on your circumstances but will typically be
Platinum Advice
Harrogate, North Yorkshire, Yorkshire and the Humber, HG1 1ED
We are an Independent Financial Adviser (IFA) firm based in Harrogate offering expert impartial financial advice to residents of York, Harrogate, Knaresborough, Boroughbridge, Wetherby and everywhere
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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