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
Network Asset Finance
Knutsford, Cheshire, North West England, WA16 6DW
Network Asset Finance was originally formed in 1987 as an independent asset finance brokerage working in the middle ticket market. Now a niche player specialising in the restructuring of existing
The Financial Advice Centre
St Austell, Cornwall, South West England, PL25 4QF
The Financial Advice Centre is an innovative practice, committed to our clients and keen to be judged on the value we deliver. Independence, Service and Quality are the foundations of all that we do.
Clear View Financial Planning
Hove, East Sussex, South East England, BN3 2PD
We would not be surprised to hear if you've had a less than positive experience in your dealings with financial advisers before. In fact, the same may be said of many other trades and professions.
Kingsley Financial Planning
Leamington, Warwickshire, West Midlands, CV32 5EY
Join us on a journey together and let Kingsley Financial Planning help you achieve your goals and aspirations. Kingsley Financial Planning are a small firm of independant financial advisers with over
Liberta Financial
At Liberta Financial we are dedicated to providing timely and realistic advice on all personal debt issues. Our advisors are experienced full time professionals and work directly under the supervision
Church Hill Finance
Kilburn, North West London, London, NW6 5SL
We are ready and waiting to provide you with all the expert advice and guidance you need. Our attention to detail and professional approach to putting your finances in order has enabled us to build an
Optimum Independent Financial Advisers
Colchester, Essex, East England, CO1 1WD
Optimum Independent Financial Advisers is an independently owned firm, established in 1995, specialising in both personal and corporate financial advice. We are vehemently committed to our independent
Priory Financial Planning
Holywood, County Down, Northern Ireland, BT18 9HX
Priory Financial Planning Ltd is a firm of Independent Financial Advisers based in Holywood, Co Down. The directors are Neill Hamilton, David Bingham and Chris McIlroy. We provide advice to both
Court Financial
Leigh, Greater Manchester, North West England, WN7 2PW
Court Financial are commercially aware Chartered Accountants that specialise in the provision of flexible and cost-effective accountancy, bookkeeping and advisory and compliance services. We provide
Financial Partnership
Kew, South West London, London, TW9 2JN
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance and profitability of your business. We believe
Norris & Fisher
Christchurch, Dorset, South West England, BH23 2HB
We offer highly personalised independent financial advice to clients in Dorset, the New Forest and beyond. Now in its 26th year, the business has thrived by providing a high standard of personal
Dolphin Wealth Management
Poole, Dorset, South West England, BH14 8RX
We construct potential solutions to suit your financial priorities. It is essential to review and adapt investment portfolios to reflect any changes in a client's circumstances or priorities. Dolphin
Oak Financial Management
Reigate, Surrey, South East England, RH2 7QT
Oak Financial Management Ltd has many years of experience, advising both individuals and companies in all areas of advice. We provide a comprehensive professional service on a friendly and
Mars Independent
MARS Independent was founded in 2001 by four local men who had a wealth of experience in the financial services industry and a down to earth approach. As well known insurance companies in the UK
Robson Taylor
Bath, Somerset, South West England, BA1 1JT
Robson Taylor IFA Ltd provides totally independent, jargon free financial advice in plain English to individuals and companies in a transparent and honest manner. Being Independent means that we are
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