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
One Accounting
One Accounting is a firm of tech-savvy, award winning Chartered Management Accountants based in Edinburgh. We work with small and medium-sized businesses, contractors and private individuals.
Shaw & Co LLP
Bristol, South West England, South West England, BS1 4HQ
Shaw & Co are a focused advisory team established to help owner-managers maximise and realise the value within their business. Specialising in areas of corporate finance.
Stadden Forbes Wealth Management
Westminster, West End, London, SW1W 0DH
Improve your finances with Stadden Forbes Wealth Management as we deliver investment and planning solutions to private clients, providing the specialist financial strategy and asset management you can
Clarity Wealth
Horsford, Norfolk, East England, LS18 4AW
We are a passionate independent financial advisor team. We will take time to listen to and understand our clients and their main goals, objectives and wishes. We will then provide a clear path for
Benefit Fraud Solicitors
Bristol, South West England, South West England, BS2 0BL
If you have been accused of benefit fraud, have been asked to attend an interview under caution, or are subject to a benefit fraud prosecution, we can help. We have over 20 years of experience in
Complete Mortgages
Guildford, Surrey, South East England, GU2 9JX
Complete Mortgages is leading award winning mortgage adviser and broker in Guildford, Woking and Surrey with years of experience. Our professional and trusted team members dedicated to providing
LG Embrey Financial Planning
Shrewsbury, Shropshire, West Midlands, SY3 7LU
We provide independent financial, retirement planning financial advisor for a diverse range of client and strong connections with his clients.
KLO Financial Services
Warwick, Warwickshire, West Midlands, CV34 4NA
We offer effective solutions for all aspects of financial planning. Our extensive experience in advising individual and corporate clients, as well as charitable trusts and professional trustees,
Giliker Flynn Independent Wealth
Newcastle under Lyme, Staffordshire, West Midlands, ST5 1JQ
Giliker Flynn offer impartial, fully independent financial advice and we aim to establish close relationships with our clients. We pride ourselves on offering a highly personalized and bespoke service
MJH Accountancy
Shoreditch, East London, London, EC1V 2NX
MJH Accountancy is the firm you can put your trust on to get answers to all your financial queries. The team of expert chartered accountants will take the onus to handle all the financial aspects of
Revolution Finance Brokers
Brentwood, Essex, East England, CM13 3FR
Revolution Finance Brokers help business owners throughout the UK in commercial, business and property finance. Our job is to remove the ever-increasing number of hurdles that are put in your path by
Forward Finance
St Albans, Hertfordshire, East England, AL4 0LA
We are a well-established Family run Home Collected Loan & Voucher Company and have been in business for forty years. At Forward Finance, we offer a range of loan and finance options to our customers
Mortgage Inspirations
Stafford, Staffordshire, West Midlands, ST17 0BT
Thank you for your interest in the mortgage service benefits Mortgage Inspirations can offer you. Recent, well publicised headlines have seen a huge increase in the number of people turning to
Preferred Equity Release
Battersea, South West London, London, SW17 8QD
Preferred Equity Release will help you compare all the main providers to get you the best deal in the market. Our local team of advisors are available to discuss your exact requirements from a
Strategic Vision Wealth Management
Oxford, Oxfordshire, South East England, OX5 2DH
Strategic Vision Wealth Management is Independent financial advisers in Oxfordshire, offering a wide range of high-quality wealth management services to private, corporate and trustee clients. Our
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