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
David Liddle
Newcastle upon Tyne, Tyne and Wear, North East England, NE4 8AW
Bespoke Financial (Newcastle) Ltd has been set up with the aim of helping individuals, families and companies protect themselves from life's unexpected events. We specialise in building a protection
Newstead Clark Financial
Bromsgrove, Worcestershire, West Midlands, B61 8QY
Financial Services Limited was originally formed as Newstead Financial Management Limited in 2000. The name changed to Newstead Clark Financial Services Limited in January 2008 following a management
Barrie Dean Financial Management
Aldershot, Hampshire, South East England, GU11 3HE
Barrie Dean has been working in the financial services industry since January 1970, spending the first 13 years with two insurance companies before setting up as an IFA in March 1983. Since then he
North Laine Financial Management
Hove, East Sussex, South East England, BN1 1NW
We like to build up a good relationship with each of our clients, where we know them and where they know us and trust our approach. This section therefore sets out to give you information about us -
I2i Financial Planning Group
Darlington, County Durham, North East England, DL1 5NT
Here at i2i financial planning group ltd, we specialise in providing you with quality, professional financial advice that you can trust. Whatever your particular requirements, whether it be a
Cedar House Financial Services
Southgate, North London, London, N14 4XA
Cedar House Financial Services, established in 1986, have more than 25 years' experience of helping clients to plan and achieve their personal and business financial goals. Cedar House Financial
Blackstar Europe
Sutton Coldfield, West Midlands, West Midlands, B72 1TX
Established in 2006, BlackStar has brought together professional individuals who have many years experience in their specific fields and are very much at the "top of their game" in relation to their
Yorkshire Premier Financial Services
Scarborough, North Yorkshire, Yorkshire and the Humber, YO11 1TS
Specialising in Investment and Pension advice we now provide advice to clients throughout North Yorkshire and beyond. Our aim is to build a professional, timely and long-standing relationship with our
H Bulteel
Brighton, East Sussex, South East England, BN1 4EW
Henry Bulteel has been working in the financial services industry for over 20 years. As a general practitioner Henry offers independent financial advice to a wide range of clients throughout Brighton,
Jobstream Group
Cambridge, Cambridgeshire, East England, CB4 0WS
Jobstream Group is the leading independent specialist provider of integrated trust management software for the offshore financial services industry. Our software, Jobstream 9, is used worldwide by
Chelmsford Financial Management
Chelmsford, Essex, East England, CM2 6JL
Robin Chadwick, Paul Wilson and Nicholas Connor retired on 31 December 2012. Following considerable research and due diligence, Chelmsford Financial Management merged with Whitechurch Securities Ltd
Fennel Financial
Leicester, Leicestershire, East Midlands, LE2 8NA
Costs are rapidly increasing, local authority placements are few and far between and charges achieved may not represent a fair return for work done or capital invested. Care Homes must make financial
Lucra
Bromley, South East London, London, BR1 3TP
We have a number of specialist advisors in all sectors of the financial market. Mortgages, risk protection, investments, pensions, inheritance, equity release and wealth management. All of our
Zest Financial Consultants
Merton, South West London, London, SW20 8DN
In 2000 Jeannette Zahler & David Eastwood decided to amalgamate their strengths - and surnames - to create Zest Financial Consultants. We felt that the sophistication now required in our industry
Manning F H Financial Services
Horncastle, Lincolnshire, East Midlands, LN9 6DX
Established in 1975, FH Manning Financial Services Ltd provide independent financial advice to individual corporate clients and trustees. We are authorised and regulated by the Financial Conduct
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