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Financial Advisors in the UK
Financial Advice Milton Keynes
Milton Keynes, Buckinghamshire, South East England, MK14 6EY
Scottsdale Consulting is an independent advisory company, with a track record dating back to 2003 for providing a first-class service to companies and individuals. The integrity and professionalism of
Insight Financial Associates
Norwich, Norfolk, East England, NR6 6BF
At Insight Financial Associates our Financial Advisers / Wealth Managers are committed to building lifetime relationships with our clients to effectively help them build towards a more secure
Eldon Financial Planning
Newton Aycliffe, County Durham, North East England, DL5 6ZE
Eldon Financial Planning Limited is a Chartered and Accredited firm set up in 2002 by three like minded Directors aspiring to become the North East's premier fee based personal Financial Planning
Holden & Partners
Farringdon, City of London, London, EC1R 3BX
Our aim is to protect and grow the wealth of our clients. Where possible, we encourage investment in sustainable and responsible investment opportunities. We hope this approach will have a positive
GRS Financial Consultants
South Woodham Ferrers, Essex, East England, CM3 5XB
We believe that planning for a secure future, be it for yourself, your family or for your business, is one of the most important steps you will ever have to take. However, careful planning alone is
S Holmes Fairtrade
Bury, Greater Manchester, North West England, BL9 6UA
Hi I'm Steve Holmes, your Fair Trade Independent Financial Adviser based in Manchester, UK. Over the past three decades I have advised hundreds of clients with all elements of financial services.
Hamilton Financial
Hamilton Financial was incorporated in 2006. Hamilton Financial, whose FCA number is 485546, is the trading name of Hamilton Financial (Scotland) Limited, a company incorporated in Scotland (SC
Capelin Financial Management
Solihull, West Midlands, West Midlands, B93 0LY
Looking for unbiased independent financial advice from a professional you can trust? Capelin Financial Management Limited has Chartered Financial Planners who you can trust to provide professionally
Kingfurness & Associates
Hereford, Herefordshire, West Midlands, HR4 0AB
We are a niche team of highly professional advisors, who offer an independent and informed service to corporate and high net worth clients, specialising in all areas of Financial Services. Kingfurness
Vision Financial Advisers
Merthyr Tydfil, Merthyr Tydfil, Wales, CF47 8EY
We hope you find the site both useful and informative. The General Insurance Services and made available to you through our website are introduced by ourselves to a third party, however you can be
Chesterton Grant
Deeside, Flintshire, Wales, CH5 3XP
Established in 2001, Chesterton Grant have a strong pedigree in providing Independent financial advice to both individual and corporate clients throughout the North West and North Wales. We are not
R T F C Consulting
Gloucester, Gloucestershire, South West England, GL19 4EW
RTFC Consulting was established in 2008, initially to support clients in the engineering sector, RTFC is now spreading its wings and using the many years experience of its associates to operate in new
Roy Chambers Associates
Swindon, Wiltshire, South West England, SN3 4RR
We hope you find the site both useful and informative. Over time our aim is to expand the site to offer more services. We would welcome your feedback not only on the current content and presentation
Atkins Bland
Ferndown, Dorset, South West England, BH22 9JG
Atkins Bland's mission is to help our clients maximise and protect their financial resources. Circumstances and priorities vary but, whatever your situation, we can help you identify the key issues
Woodward Markwell Financial Advisers
Ipswich, Suffolk, East England, IP1 1SL
Established in 1982, Woodward Markwell has grown steadily over the years, amassing a wealth of experience in the insurance and financial services marketplace. In 2001, we were one of the first
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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