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Financial Advisors in the UK
Sapphire Asset Management
Woking, Surrey, South East England, GU23 6JX
Sapphire Asset Management is an appointed representative of The On-Line Partnership Limited which is authorised and regulated by the Financial Conduct Authority. The information contained within this
Bramhall Financial
Cheadle, Greater Manchester, North West England, SK8 7QE
Bramhall Financial Limited provides a compassionate service where the emphasis is on listening to your individual needs and providing solutions through our expertise. We help recently bereaved
The Financial Planning Practice
Llanelli, Carmarthenshire, Wales, SA15 3DN
Our mission is to help inspire our clients to gain a fresh perspective on their Wealth Management by simplifying their finances and achieving their financial goals. We have three fully qualified
Northwood Financial Consultants
Stourbridge, West Midlands, West Midlands, DY8 2TB
Our strength lies in our relationship with our clients developed over many years. We offer bespoke objective based financial advice to individuals and corporate clients. We are also committed to
Blackstone Moregate
Farringdon, City of London, London, EC1V 9QR
Blackstone Moregate are Independent Financial Advisors, based in the City of London. We help individuals and companies plan their futures. Working with other professionals we therefore provide our
Patterson Sales Training
Lytham St Anne's, Lancashire, North West England, FY8 5QY
Many people in financial services spend too much time working in the business, not working on it. This course is designed to develop the skills of advisers in building rapport, cross-selling,
City Investments
Chester, Cheshire, North West England, CH2 1AE
City Investments is an Appointed Representative of TenetConnect Services Ltd, which is authorised and regulated by the Financial Conduct Authority. The information on this site is for general guidance
Acklam Financial
Middlesbrough, North Yorkshire, Yorkshire and the Humber, TS5 7BP
Acklam Financial Ltd are Independent Financial Advisers with over 100 years of collective experience. We are passionate about helping you make the most of your finances, which is why we take the time
Newell Palmer Group
Wolverhampton, West Midlands, West Midlands, WV1 3HR
The funds within my portfolio are reviewed ever 3 months to ensure my investments are achieving the best possible returns. I am kept informed of the overall performance of my portfolio, and contacted
Woodland Financial Solutions
Rochdale, Greater Manchester, North West England, OL12 6BZ
Our dedicated team provide a holistic approach to independent financial advice, fully embracing modern technology whilst maintaining a personalised service tailored to your specific needs. Many of our
Optegra Financial
Southampton, Hampshire, South East England, SO19 7HS
No tricks, just clever coding so that you dont need any complicated formulas, no chart of account mapping and no tricky installations. The Only fully automated Management Reporting Pack for Sage -
DTB Investments
Stourbridge, West Midlands, West Midlands, DY8 1TA
Established in 2001, DTB Investments specialise in providing quality advice in the areas of Mortgages, Equity Release, Business Protection Insurance and No Win - No Fee Mis-selling Compensation
Simon Lister Financial Adviser
Colne, Lancashire, North West England, BB8 9BD
We offer a whole range of financial products including mortgages, investments, pensions, life and critical illness cover, income protection, buildings and contents. First of all we will assess your
Premier Financial Services
Reading, Berkshire, South East England, RG2 6UB
Premier Financial Services are specialists in providing impartial Mortgage and Insurance advice. Although based in Berkshire we will be happy to provide advice and assistance to anybody within the UK
WSW Financial Services
Hurst Green, East Sussex, South East England, TN19 7PN
Many people paying into a pension do not realise the value of taking financial advice. Some simply do not think they can afford advice, or need it. In reality, we have found that by exploring all of
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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