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Financial Advisors in the UK
Rafferty David
Hartlepool, County Durham, North East England, TS26 8DD
At David Rafferty & Co, we are dedicated to creating a meaningful, long-term relationship with you that is based on understanding, knowledge and commitment to progress. We are a company of action:
Highgrove
Tenbury Wells, Worcestershire, West Midlands, WR15 8NW
Highgrove Financial Planning, based in Worcestershire, provide professional, personal, independent financial advice relating to all aspects of their clients' requirements including investment advice,
C & D Financial & Insurance
Carshalton, South London, London, SM5 2PT
We specialise in providing you with quality, professional financial advice that you can trust. Whatever your particular requirements, whether it be a mortgage, remortgage, buy to let, or protection
Concept Financial Planning
Reigate, Surrey, South East England, RH2 0AN
As independent financial planners we believe in the value of personalised financial planning, backed by tactical and tailored financial advice. We achieve this by focusing unconditionally on you as
Financial Perspectives
Hamilton, South Lanarkshire, Scotland, ML3 9XE
You can be confident that my services will always be tailored to meet the needs of your individual circumstances. I have always wanted to do more to help and support people and hopefully make a
Winter David IFA
Fareham, Hampshire, South East England, PO16 7TE
An enthusiastic, focused and forward thinking practice, at david winter Independent Financial Advisers we pride ourselves on our dedication to professionalism and our commitment to providing a first
C R S Financial Planning
King's Lynn, Norfolk, East England, PE30 5PY
Chris has more than thirty years in the industry and has been an Independent Financial Adviser for many years, following a career in the Royal Air Force. Chris is a member of the Institute of
Rose Financial Services
Forest Hill, South East London, London, SE23 3RZ
Rose Financial Services Limited was established in 1996 to give independent financial advice on mortgages, investments, savings and insurance. Combined, its advisers have over 30 years experience in
Highclere Financial Services
Hemel Hempstead, Hertfordshire, East England, HP3 9SB
Highclere is a specialist financial adviser focusing on critical illness, income protection, equity release and mortgages. We are whole of market, which means we are unconstrained and can select the
Tom Garside Mortgage Services
Peterlee, County Durham, North East England, SR8 3PG
We are a small dedicated team of Financial Advisers who work to develop long term relationships with our clients across Peterlee, Seaham, County Durham. We offer financial advice in areas such as:
Ashdale Financial Services
Hove, East Sussex, South East England, BN3 5DQ
We hope you find the site both useful and informative. There may be a fee for Mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £250. To
One Advice
Sale, Greater Manchester, North West England, M33 7RR
The One Advice Group is one of the region's largest employers with over 500 staff members in the North West, operating out of headquarters at Jackson House, Sale, Manchester. Harrington Brooks are
Allfield Financial Group
Bognor Regis, West Sussex, South East England, PO21 5AA
We pride ourselves on listening to and understanding your financial advice needs. In order to achieve this we are happy to meet you, at your home, place of work or at our offices, at a time to suit
Cadogan Wilson
Epsom, Surrey, South East England, KT19 8AD
We are completely independent with no ties to any financial institution. We have no external shareholders to compromise the ethos of the firm and are accountable solely to our clients and the
Independent Financial Management
Wakefield, West Yorkshire, Yorkshire and the Humber, WF1 2TF
April 2015 marks one of the biggest overhauls in the Pension system for decades. With greater Pension freedoms, there will be no requirement to buy a lifetime Annuity. With more options now available
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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