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Financial Advisors in the UK
Celandine
Monmouth, Monmouthshire, Wales, NP25 3UA
In order to provide our clients with an enhanced level of service we use True Potential. This integrated, contemporary system allows our clients to access information we hold with comprehensive
Finanalysis
Coldblow, South East London, London, DA5 1LU
We provide financial advice throughout Kent and the South of England including Bexley, Bexleyheath, Bromley, West Wickham, Bickley, Chislehurt, Sidcup, Blackheath, Beckenham, Greenwich, London,
Masons Independent Financial Advisers
Shrewsbury, Shropshire, West Midlands, SY1 1JD
Our long-established firm was reorganised in 2012 and provides financial planning and investment management services to private, corporate and trustee clients. We also work closely with other
Informed IFA
Maidenhead, Berkshire, South East England, SL6 7AA
Informed IFA was founded by Peter Mutch in 2010 after having worked for many years as a registered Independent Financial Adviser with a national organisation. Informed IFA offers you truly independent
Brian Mellor Financial Services
Leek, Staffordshire, West Midlands, ST13 6DS
Their services are professional and courteous and just what we wanted delivered in an objective and realistic way. We receive regular updates and advice which are useful to track our portfolio.
Upfront Financial Services
Rochdale, Greater Manchester, North West England, OL11 3AW
Co founder, director of Upfront. Financial Services has over 20 years experience in Financial Services starting with Norwich Union. He holds CII Diploma in Financial Services along with Advanced
Kinloch Corporate Finance
Leeds, West Yorkshire, Yorkshire and the Humber, LS1 4HR
Kinloch Corporate Finance Limited is an independent corporate and commercial finance specialist based in Leeds and completing transactions throughout the UK. The business was established in 1982 and
DJA Business Solutions
Is your business in a position where it needs a little more support from your accountant? Do you need to move up from basic bookkeeping to monthly accounts, cash flow control, forecasts and budgets?
Morland Potter Financial
Shrewsbury, Shropshire, West Midlands, SY1 1LZ
Morland Potter Financial having been quoted £500 as a fee from another mortgage broker in Shrewsbury. Morland Potter Financial are one of Shropshire's leading firms of mortgage advisers. We are also
The Acumen Investment Partnership
Macclesfield, Cheshire, North West England, SK11 0PS
Your first meeting with us is FREE of charge. We'll talk about your current situation and your future needs. Then you'll get a report from us with an assessment of your current circumstances and some
Harpenden Money Advice Centre
Harpenden, Hertfordshire, East England, AL5 4UU
We are a group of Christians from various churches in Harpenden. We are motivated by the love of God, to help those in the local community who are struggling with debt. We are a member of AdviceUK and
Five Ways Financial Planning
Weston super Mare, Somerset, South West England, BS22 6WA
Many people will need their capital to support them for 20 or 30 years in retirement. We advise on how to build up enough capital and how to manage it prudently so that it lasts at least as long as
Metcalf Moat IFA
St Mary Cray, South East London, London, BR5 1LZ
Since 1989 Metcalf Moat has offered independent advice, in a professional and friendly manner. We have grown primarily by recommendations from our existing clients, who have been happy to introduce
Aeon Financial Services
Rotherham, South Yorkshire, Yorkshire and the Humber, S66 2BW
AEON is a firm of Chartered Financial Planners and Independent Financial Advisers that has been trading since 1996. AEON is committed to giving a quality and bespoke advisory service. We provide cost
Columbus H F M
Tunbridge Wells, Kent, South East England, TN1 1JP
Several work with more complex wealthy families, including an increasing number who are non UK resident and domiciled. Each adviser team draws upon the appropriate mix of expertise from within the HFM
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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