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Financial Advisors in the UK
Lyons Financial Management
Hetton le Hole, Tyne and Wear, North East England, DH5 9PE
Lyons Financial Management was founded in 2001 to provide the people of Hetton-Le-Hole, Easington Lane and the surrounding areas with a locally owned and managed centre offering a one stop financial
Anglia Finance
Norwich, Norfolk, East England, NR5 8BF
Norwich based Anglia Finance Limited is a privately owned independent commercial finance broker firm with our clients interests at the forefront of our philosophy. With a one to one client
Bevan Financial Management
My new app is now available to help you manage your expenses and track your business mileage. I offer a free one hour financial health check meeting in Wells, or remotely via Skype or Facetime. It is
75 Point 3
Colwyn Bay, Conwy, Wales, LL29 8LG
75point3 is a client focused firm of professionally qualified, dedicated and experienced advisers which provides high quality independent advice on Investments, Pensions, Life Assurance and Mortgages.
PAS Financial Planning
Orpington, South East London, London, BR6 7AZ
We have no affiliation to any company and are therefore free to act in the best interests of our clients. This impartiality means that we can recommend pensions and investments that are suitable for
MJB (Partnership)
Chichester, West Sussex, South East England, PO19 8FX
We know this is true. We've seen some very shakey 'houses', built on dubious advice. You should get advice; it's crucial in the rapidly changing world of financial services, but in our experience,
Broughton Wilkins Partnership
Chelmsford, Essex, East England, CM2 0LD
We are a firm of IFAs based in Chelmsford, Essex. We also can arrange to see clients in our office in Romford, by appointment. We provide independent financial advice for UK residents. We are
Eastwood Financial Services
Elland, West Yorkshire, Yorkshire and the Humber, HX5 9DA
Eastwood Financial Services is part of a private Yorkshire insurance-broker group which has offices in Huddersfield, Sheffield, Halifax and Elland. It's our aim to provide independent, professional,
Hurst Financial Consultancy
Salisbury, Wiltshire, South West England, SP2 9NB
You have found us because you are looking for sound, independent financial advice. As professional Independent Financial Advisers, we are authorised to deal with many forms of financial services, and
Global Finance Brokers
Muswell Hill, North London, London, N10 1LR
With more than 25 years of experience by our team, Global Finance Brokers Ltd is proud to offer a truly independent and professional service. When you're looking at your finance needs you want to know
Stewart Independent Financial Advisors
Bridge of Weir, Renfrewshire, Scotland, PA11 3AF
Established in 1992, Stewart Independent Financial Advice Limited is a firm of independent financial advisers based in Bridge of Weir. We provide unbiased financial and mortgage advice to clients
Money Saving Tips
Northwich, Cheshire, North West England, CW8 7AS
Save Money Using A Recruitment Agency Sales companies looking to recruit do not want to waste time on unnecessary applications and training people who aren't right for the job and this is why more and
Duke Godley Financial Planning
Harrow on the Hill, North West London, London, HA1 2EN
Welcome to the Duke Godley Financial Planning Ltd Website - we are a firm of financial advisers offering a wide range of services to both private and corporate clients. Chartered Accountants and
Warnes Anderton
Dinnington, South Yorkshire, Yorkshire and the Humber, S25 3QA
Warnes Anderton Limited was established in 1992. Based in Dinnington, South Yorkshire, Warnes Anderton is a family led business that is renowned as a premier provider of astute financial advice. The
Welcome Financial Services
Newcastle upon Tyne, Tyne and Wear, North East England, NE1 5EE
For existing Welcome customers: You should continue to pay your account in line with your agreement. As an existing customer this website will tell you how to get in touch, make a payment on your
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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