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Financial Advisors in the UK
Epoch Wealth Management
Bath, Somerset, South West England, BA1 2LL
Epoch Wealth Management was founded in 2010. The four partners - Markas, Jon, Gareth and Barry - have worked in the financial services industry for many years, and for a variety of firms. Their
West Strand Wealth Management
Chichester, West Sussex, South East England, PO20 7FD
West Strand is a highly reputable and well established Financial Adviser Service based in Chichester. Serving many satisfied clients across Hampshire and West Sussex. We have a reputation for
Westhill Financial Services
Clevedon, Somerset, South West England, BS21 7NU
Westhill Financial Services Ltd is registered and authorised by the Financial Conduct Authority reg no. Westhill Financial Services Ltd. are Independent Financial Advisers based in Clevedon, North
Gresham Wealth Management
Altrincham, Greater Manchester, North West England, WA15 9PB
Gresham Wealth Management Ltd is an Independent Financial Advisory (IFA) firm based near Manchester in Cheshire. At the heart of our business is you, our client. Client service and satisfaction is key
ASC Finance For Business
Camden Town, North West London, London, NW1 6AS
At ASC Finance for Business we have only one focus: arranging finance for business owners and entrepreneurs. Forget all the jargon like commercial mortgages, commercial loans, corporate finance,
One & All Financial
Manchester, Greater Manchester, North West England, M2 4WQ
We are dedicated to creating a meaningful, long-term relationship with you that is based on understanding, knowledge and commitment to progress. We are a company of action: proactive, professional and
Jackson Toms Financial Services
Kettering, Northamptonshire, East Midlands, NN16 8EU
If you require pension advice look no further than Jackson Toms, the pensions specialists. We are highly experienced financial advisers, offering a professional independent service to our clients
Invoice Finance Answers
Birmingham, West Midlands, West Midlands, B11 1SH
The terms Invoice Finance and Invoice Financing are synonymous and used inter-changeably. For as long as there has been trade, businesses have had to wait to be paid. For the last 400 years or so,
Reeves Financial
Horsham, West Sussex, South East England, RH12 1RD
Reeves Financial is an Independent Financial Adviser based in Horsham, West Sussex. Offering advice on a complete range of financial service packages available to Residential, Retail and Corporate
Stephenson Smart Financial Services
Peterborough, Cambridgeshire, East England, PE4 5HQ
Since that time the company has expanded to include the clients of Martyn Voss Financial Planning in 2005 and Marlow Gardner & Cooke (Life & Pensions) in 2008. Our qualified Financial Adviser, Ian
The PRG Partnership
Tunbridge Wells, Kent, South East England, TN4 9UH
The value of the investment can go down as well as up and you may not get back as much as you put in. Your home may be repossessed if you do not keep up repayments on your mortgage. There are other
Ab1 Financial Planning
The levels, bases and reliefs of taxation are subject to change. The guidance provided within the website is subject to the UK regulatory regime and is, therefore, primarily targeted at consumers
Quest Financial Solutions
High Wycombe, Buckinghamshire, South East England, HP13 6RU
Quest Financial Solutions Ltd is a privately owned firm of independent financial advisers, authorised and regulated by the Financial Conduct Authority, based in the Thames Valley. We take pride in
Swanston Financial
Managing your finances can be a daunting task even for the experienced. Swanston Financial can provide you with expert advice for Mortgages, Insurance, Pensions, Investments, Protection and General
Bridges
Lancaster, Lancashire, North West England, LA1 1JN
At Bridges & Co Financial Consultancy, we take away the frustrations of financial planning. From our approachable, friendly team of advisers and support staff, we offer both personal attention and
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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