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Financial Advisors in the UK
Francis Clark Financial Planning
Salisbury, Wiltshire, South West England, SP3 4UF
It is important from the outset that you have the utmost confidence in our abilities, our understanding of your needs and our commitment to you. By working together, we will develop a highly personal
Acumen
Chadderton, Greater Manchester, North West England, OL9 9XB
Acumen Financial Advisors Ltd are based in Chadderton just off junction 21 of the M60. We are located on Broadway Business Park in modern state of the art offices. We have built our reputation on
Clearview Financial Management
Woodford, East London, London, IG5 0LU
You have found us because you are interested in sound financial advice. Clearview Financial Management Limited is an appointed representative of The Whitechurch Network Limited which is authorised and
Choice Financial Solutions
Southampton, Hampshire, South East England, SO17 1XF
In our eyes the personal touch makes all the difference. At Choice Financial Solutions our aim is to understand your individual circumstances, build our advice around your needs and provide you with
HFS Goodwille
Guildford, Surrey, South East England, GU3 1LR
All you need to set up and run a company - from bricks and mortar to people and processes. Let us take the strain of the back-office functions so you can stay focused on your business. We have all the
McNeil Financial Services
Rossendale, Lancashire, North West England, BB4 8EQ
At McNeil Financial Services whether you are investing £1,000,000 or £10, looking to start a pension or looking at taking an income from your existing pension, we invest our time in you to make sure
Hilton Wordsworth Financial Services
Middlesbrough, North Yorkshire, Yorkshire and the Humber, TS8 0BG
We are a Financial Services Company based in the Yarm area near Stockton upon Tees serving local clients throughout North Yorkshire and the North East of England including Darlington, Middlesbrough
A.S.K. Independent Consultants
East Kilbride, South Lanarkshire, Scotland, G75 0QD
A.S.K. are Independent Financial Advisers founded in 2001 and specialising in advice for clients mainly in the medical profession. Our experience as ex-BMA consultants provides an insight to the
Huw Davies I F A
I am an Independent Financial Adviser providing information and assistance on many monetary issues ranging from Investments, Pensions and Life Assurance to Inheritance Tax, Mortgages and all aspects
Legion Trade Finance
Henley on Thames, Oxfordshire, South East England, RG9 2BG
Legion Trade Finance is an independent financier of UK companies which need facilities to purchase goods from their suppliers worldwide. We offer bespoke and structured finance solutions including
Regent Asset Finance
Sydenham, South East London, London, SE26 4QD
We have facilities with many "blue chip" financial institutions ensuring flexibility, value and fast underwriting decisions. By partnering your sales team with our financial professionals you move
Paradigm Norton Financial Planning
Torquay, Devon, South West England, TQ2 7FF
At the heart of what we do is to cause our clients to reflect and consider what they really want out of life, what are their dreams, hopes, aspirations and passions? Do they have the quality of life
White Rose Finance (Northampton)
Northampton, Northamptonshire, East Midlands, NN4 0TR
Welcome to the White Rose Finance web site, the UK's No.1 independent source of business finance and impartial advice. Our approach to the traditionally staid world of business finance is refreshingly
Kirby & Co (IFA)
Harrogate, North Yorkshire, Yorkshire and the Humber, HG2 7LH
Registered in England and Wales number: 1756907. Kirby & Co (IFA) Ltd is Authorised and Regulated by the Financial Conduct Authority 485157. Prior to starting his own business Peter Kirby worked as a
AMR Financial Management
Harpenden, Hertfordshire, East England, AL5 3QE
AMR Financial Management is a provider of tailored financial planning and investment advice to private individuals, trustees, companies and charities. AMR's directors and staff strive to provide a
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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