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
Findlay & Co Financial Services
Established in 1998 Findlay & Company Financial Services soon built a reputation with other professionals as well as clients by offering quality advice and sound financial planning. We are recommended
Champion Financial Advisers
Aylesford, Kent, South East England, ME20 7AX
For all your Life Assurance, Mortgage, Pension and Investment needs. We are local independent financial advisors in Aylesford, Kent. We have been in the village for many years and hope to remain for
Abacus Associates
Hereford, Herefordshire, West Midlands, HR4 9HG
Abacus Associates Financial Services Limited is a well established firm of Independent Financial Advisers who specialise in personal financial planning. We have advisers based throughout England and
I P F M
Biggleswade, Bedfordshire, East England, SG18 0AP
Independent: As an Independent Financial Advisor, we are an agent of our clients. A tied advisor is an agent of the bank or organisation they work for. We are not tied to any banks or brokers, so we
Giles Warren Financial
Windsor, Berkshire, South East England, SL4 1YB
Our goal is to provide you with a friendly and bespoke financial planning and wealth management service. This might be in creating an Investment Portfolio and helping them manage their pensions, ISA's
Leedham Independent Financial Advisers
Bolton, Greater Manchester, North West England, BL1 3AD
Leedhams was formed in 1990 by Barry Leedham, who ran the business until his retirement in December 2013. Leedhams was formed around family values, with an emphasis of working with clients in their
Financial Design
Kenilworth, Warwickshire, West Midlands, CV8 2GY
As Independent Financial Planners, we pride ourselves on helping clients to identify and achieve their short, medium and long-term goals. We do this by working closely with you, our client, to
W Coleman
Brompton, South West London, London, SW3 1HW
W Coleman & Co. was established in 2000 with the aim of providing a highly efficient private and structured financial service to private clients, companies and trusts acquiring either residential or
Sussex Asset Finance
Burgess Hill, West Sussex, South East England, RH15 9TL
We are an independent asset finance broker providing a first class service at competitive rates on a wide choice of financial products, to the commercial and private sectors. Sussex Asset Finance Ltd
Cockburn Lucas
West Bridgford, Nottinghamshire, East Midlands, NG2 7LA
Established in 1997 and based in the East Midlands, we provide reliable and trustworthy independent financial advice to private clients, companies and family trusts based within the East Midlands
M S L
Stamford Hill, North London, London, N15 6RD
Michael Lewin, the Director has over 30 years experience in financial services. MSL specialises in Investments, I.S.A's, Retirement planning, Pensions, Life, Critical illness & Income Protection
DNG Financial Solutions
Daventry, Northamptonshire, East Midlands, NN11 8YL
DNG are Independent financial advisers based in Northamptonshire. We have been providing independent financial advice to businesses and individuals in Northamptonshire, Oxfordshire, Buckinghamshire,
Greenland Financial Planning
Gloucester, Gloucestershire, South West England, GL3 3AH
We are committed to providing the highest standards of unbiased independent financial advice. All initial meetings are without obligation and free of charge. Evening appointments at your home are
Portfolio Financial Consultancy
Financial Consultancy Limited is a firm of Independent Financial Advisers covering the whole of South Wales from offices in Swansea and Pontypool. Our ethos is straightforward: To give our clients the
Melior Wealth
Farnham, Surrey, South East England, GU9 7DG
For ten years, Harvey worked as a City based Financial adviser, predominantly at Merrill Lynch International Bank. In the City, Harvey gained his financial planning qualifications and experience. He
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