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
Pebble Independent Financial Services
Shoreham by Sea, West Sussex, South East England, BN43 5EG
The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK. Pebble IFS Ltd is a member of Best Practice
ARG Financial Services
South Woodford, East London, London, E18 2LS
ARG Financial Services are Independent Financial Advisers specialising in both the Personal and Corporate sectors. We are directly authorised and regulated by the Financial Conduct Authority (FCA) and
Independent Investment Associates
Grange over Sands, Cumbria, North West England, LA11 7EY
Independent Investment Associates Limited (IIA) is a leading independent chartered financial planning firm offering high quality unbiased financial planning advice to individuals and trustees. Welcome
Mayfair Financial
Epsom, Surrey, South East England, KT17 4PF
At Mayfair Financial we assure our clients that they will always receive a very high standard of advice. We recognise from the outset that your mortgage is probably your largest monthly financial
Baker Davies
Poole, Dorset, South West England, BH12 4NZ
At Baker Davies, we view financial planning as a means to help our clients achieve what is important in their life. We do this in a friendly, pleasant and very professional manner. All clients are
4Life Financial Planning
North Finchley, North London, London, N12 9JS
We specialise in providing you with quality, professional financial advice that you can trust. Whatever your particular requirements, whether it be a mortgage, remortgage, buy to let, or protection
Ash-Ridge Insurance Services
Maidenhead, Berkshire, South East England, SL6 6QL
Ash-Ridge provides wholly independent financial planning advice and management services to private individuals, employers and trustees. We have assisted our clients in meeting their objectives since
Cathedral Financial Management
Exeter, Devon, South West England, EX1 1AF
At Cathedral Financial Management, year on year since 1993, we have continued to achieve excellence that is well above the standard for our profession, helping our clients build wealth and financial
Davidson Ifa
Okehampton, Devon, South West England, EX20 1AL
We provide financial advice across a range of financial issues, from arranging Life Assurance to researching the best mortgage, pension or investments. We place a great deal of emphasis on investment
Financial Independent Solutions
Bothwell, South Lanarkshire, Scotland, G71 8ER
Financial Independent Solutions Ltd is a small firm of Independent Financial Advisers. Formed in September 2001 by Mark McLair, our company approach is to offer financial advice to the individual and
Moorbridge Financial Services
Glastonbury, Somerset, South West England, BA6 9TX
At Moorbridge we provide professional independent financial advice where our emphasis is on clarity, integrity and client care. Being an independent firm means that we can advise on products from the
G & R Financial
We are qualified and look to provide you with professional and impartial advice. We always look to find solutions for your needs that work throughout the many different stages of your life. Insurance
Greycoat Financial Services
Pimlico, South West London, London, SW1E 5NE
Greycoat has successfully been providing financial planning solutions for clients since 1995. Private Clients receive guidance through the maze of financial choices they face. Our professionalism
Opal Financials
Alsager, Cheshire, North West England, ST7 2EW
If you are looking to buy a home or remortgage, it can be a huge decision. Let us work for you to find a suitable deal. Our only reason for recommending a mortgage is that it's right for you and our
Atherton Bailey
Guildford, Surrey, South East England, GU1 3HY
When financial problems start to mount, you need practical and timely advice. With Atherton Bailey offices across the southeast, your first step to regaining control of your financial future could be
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