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
Independent Solutions Ross On Wye
Ross on Wye, Herefordshire, West Midlands, HR9 5HT
Independent Solutions obtains income by means of fees from the client(s) or commission from the provider. If a fee payment is required this will be calculated in advance and a fee document will be
Ridgeways (FP)
Aylesbury, Buckinghamshire, South East England, HP20 2NF
Ridgeways (FP) Ltd, established in 2007, are the new incarnation of Iredale Financial Advisers and are regarded as one of the most professional firms of its kind. Both Frank Iredale & Alan Pridgeon
Perry Appleton Financial Management
Rugby, Warwickshire, West Midlands, CV21 2LQ
We offer a unique comprehensive service to businesses and the individuals who run them. We are a well-established Financial Services group of companies, with a reputation based on professionalism and
Armstrong & Haycox Financial Planning
Wimborne Minster, Dorset, South West England, BH21 1DX
Armstrong & Haycox Financial Planning Limited was established by Colin Armstrong in September 2001. In 2008 David Hills became a co-director. The sole aim of the company is to provide impartial and
Strathayr Financial Services
Ayr, South Ayrshire, Scotland, KA7 2AY
Established in 2001, Strathayr Financial Services has five advisers with over 130 years of collective industry experience. We are committed to providing a personal, professional service offering
Goldentree Financial Services
Warrington, Cheshire, North West England, WA3 7PQ
Goldentree provide Bridging Finance for a variety of purposes, including; property purchase, capital release, redevelopment and refinance, usually secured with a 1st Charge. Goldentree have a range of
Inspired Financial Solutions
Chesterfield, Derbyshire, East Midlands, S41 9RX
The Financial Conduct Authority does not regulate taxation and trust advice, will writing and some aspects of buy to let mortgages. The guidance and/or advice contained within the website is subject
Michael Jones Financial Services
Rothwell, Northamptonshire, East Midlands, NN14 6LA
Michael Jones Independent Financial Services offers unbiased independent financial advice to both individuals and corporate clients, researching the market to source products and financial services
Prosperity IFA
Crowborough, East Sussex, South East England, TN6 2TT
Prosperity IFA is a firm of independent financial advisers dedicated to delivering unbiased financial advice and doing so in the manner that is most appropriate and convenient to clients. Everyone's
AMG Financial Management
Twickenham, South West London, London, TW1 3QS
We specialise in providing you with quality, professional financial advice that you can trust. Whatever your particular requirements, whether it be a mortgage, remortgage, buy to let, or protection
Mortgage Protection & Finance
Swindon, Wiltshire, South West England, SN2 2AA
As a professional and impartial mortgage broker, we at Mortgage Protection and Finance Ltd™ are able to save you time and money as we work hard to shop around to compare thousands of deals from
Bay Tree Financial Plannning
Charlbury, Oxfordshire, South East England, OX7 3EW
I set myself high standards and take great care to ensure my advice is accurate, clear, organised, the best solution, charged fairly and presented in a warm and friendly manner. I believe the best way
Aims Financial
Ashford, Kent, South East England, TN24 8ET
The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK. Aims Financial Ltd is a member of Best
Roger T Hulme
Shrewsbury, Shropshire, West Midlands, SY2 6LG
Roger T Hulme Ltd are Independent Financial Advisers based in Shrewsbury with clients throughout the whole of the UK. We provide impartial advice to individuals, companies and professional
Johnston Financial Services
For over 25 years we have built our business on the principles of delivering comprehensive financial planning, complete employee benefits solutions, high quality independent financial advice and
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