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Financial Advisors in the UK
Amc Financial
Southport, Merseyside, North West England, PR8 4SX
Whether you are a first time buyer, a professional investor or run a commercial business, and are looking for funding, we can help. We offer mortgages from the whole of the market. We believe in
LB Financial Solutions
Chelmsford, Essex, East England, CM1 1SW
We understand the major financial decisions you make will have significant and life-changing consequences. It is therefore essential that you seek professional financial advice from people you can
4Wealth
Rayleigh, Essex, East England, SS6 7UL
Ltd offer independent financial guidance on all aspects of financial planning, both personal and corporate. Ltd is situated in Rayleigh, Essex. Our clients mainly reside in Kent, London and Essex
Midas Independent Financial Planning
Gainsborough, Lincolnshire, East Midlands, DN21 1GR
The team at MIDAS are highly qualified individuals, but it's the way we deliver our advice that make us different. No industry jargon - but clear and easy to understand explanations. The scope of our
AYP Financial
Newcastle upon Tyne, Tyne and Wear, North East England, NE1 3DY
With a highly qualified team of advisers, with a wealth of experience, and compassion; we are able to help each individual through what can often be a stressful experience. Whether you are just
Close Invoice Finance
Stockport, Greater Manchester, North West England, SK1 1DS
We combine industry expertise with innovative, flexible funding solutions to support businesses across the UK. Our range of products can be tailored to meet businesses objectives such as improving
West End Financial Management
Witney, Oxfordshire, South East England, OX28 6ER
Our people are very important to us, as is making certain we provide you with the best possible professional financial advice. Below is a short biography for each of our colleagues together with their
Ifa Plus
New Milton, Hampshire, South East England, BH25 6BB
IFA Plus was established with a clear vision of financial planning and offers professional advice, particularly in the areas of pensions and investments. We believe that integrity cannot be bought and
Verity Wealth Management
Washington, Tyne and Wear, North East England, NE38 9DH
Verity Wealth Management LLP are Independent Financial Advisors (IFA's) offering independent financial advice to both private individuals and businesses throughout the North East. The Practise was set
Finance 4 Business
Pershore, Worcestershire, West Midlands, WR10 1LY
Finance 4 Business is the UK's most respected and innovative award winning commercial finance specialist. We arrange all types of finance and provide a one stop solution for you and your business.
Seacco
Battersea, South West London, London, SW11 3TX
Seacco is a professional organisation established by experienced industry specialists. By bringing together a wealth of knowledge, opportunities and expertise we provide our clients with a holistic
Lifestyle Financial Management
Dewsbury, West Yorkshire, Yorkshire and the Humber, WF13 1HL
We provide advice and planning services for people who want to make the most of their finances. We're independent, which means we work for our clients interests, not those of a bank or insurance
Tercos Financial
Grimsby, Lincolnshire, East Midlands, DN31 1UL
Hi I'm Chris Pinkney, I started Tercos Financial in Nov 2007, with over 28 years in the financial services sector Tercos relocated home to Cleethorpes in May 2011 and opened up our office in Grimsby
Millfield Osceola
Twyford, Berkshire, South East England, RG10 9NT
Whether on a corporate or individual basis, the major financial decisions that you make will have significant and life-changing consequences. It is therefore essential that you seek professional
Moorlands Financial Services
Uddingston, South Lanarkshire, Scotland, G71 7JN
Moorlands Financial Services was set up in December 2008. It was at that time that our Managing Director and senior adviser, Colin J Braceland, decided that the only way to look after his client's
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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