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Financial Advisors in the UK
Key Financial Consultants
Manchester, Greater Manchester, North West England, SK4 3GN
Based in Heaton Mersey, just on the outskirts of Manchester, Key Financial Consultants are an establised team of Independent Financial Advisors (IFA) who have been operating as Key Financial
HQ Mortgage & Finance
Taunton, Somerset, South West England, TA1 4AS
I had the pleasure of a financial review with Julian who not only reduced the mortgage payments but increased the coverage on the life policy and unpicked the mortgage market for me, managed the
George Gibson IFA
Dunfermline, Fife, Scotland, KY11 8PB
I have been giving clients Financial Advice since 1997 and from March 2002 I have been a Financial & Mortgage Adviser (FA) based in Dunfermline, Fife, although I have many clients based all over the
Roberts Boyt
Carmarthen, Carmarthenshire, Wales, SA31 3DX
Welcome to Roberts Boyt & Company, an expert independent financial advice service from our team of Independent Financial Advisors (IFA's). Request independent financial advice on investments,
Chiltern Consultancy
Aylesbury, Buckinghamshire, South East England, HP17 8NR
We pride ourselves on the fact that the majority of our clients are referred to us by accountants and law firms and we believe that the strength, depth and competitiveness of our proposition really
Tony Tyler Financial Services
Salisbury, Wiltshire, South West England, SP1 2BP
At Tony Tyler Financial Services we pride ourselves on fully understanding the needs of our clients and providing them with independent quality advice in the time scales their busy lives demand. Tony
Harrison Townend & Ormeshers Solicitors
Hyde, Greater Manchester, North West England, SK14 2LX
We are Independent Financial Advisers and a group of solicitors in Greater Manchester who have created this network to provide independent advice on arranging Equity Release products and the
Armour Financial Services
Dalgety Bay, Fife, Scotland, KY11 9UH
As an Independent Financial Adviser we can find you the most appropriate products for all your financial needs. We are Directly Authorised by The Financial Services Authority and pride ourselves in
Morgan Stanley
Canary Wharf, East London, London, E14 4QA
Growth of green bonds market underscores rising demand among investors for profitable financial products that create positive environmental and social impact. Internet usage is set to double by 2020,
Signature Financial Services
Newcastle under Lyme, Staffordshire, West Midlands, ST5 1LG
Signature Financial Services Ltd are mortgage and insurance advisors in Stoke on Trent Staffordshire that specialise in the highest level of service available. Our advisers pride themselves in
Radar Finance & Leasing
Ashbourne, Derbyshire, East Midlands, DE6 3DA
Radar Finance & Leasing Ltd - has over 30 years of funding expertise and a large selection of satisfied customers from across a variety or business sectors. The team at Radar are committed to offering
ASC Financial Solutions
St Albans, Hertfordshire, East England, AL1 3YJ
If you are looking for expert investment advice, we have a wealth of industry knowledge to share with our customers. Today there are a bewildering range of savings and investment options available to
A C Financial
Milton Keynes, Buckinghamshire, South East England, MK9 2AH
We are a specialist financial recruitment agency focusing on the investment funds industry, banking & financial services jobs and general accounting vacancies. London and Essex based financial
Whitehead Ruth
Stoke Newington, North London, London, N16 0UD
She became transformed by adversity into a very angry expert on finance, and in 1993 RWA was born. Ruth is frequently quoted in the national press and trade publications, has broadcast on BBC 4's
Wingate Financial Planning
Caterham, Surrey, South East England, CR3 6PB
Wingate Financial Planning is an award-winning firm of Chartered Financial Planners based in Caterham, Surrey helping individuals to understand and achieve their lifetime financial goals. We work with
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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