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Financial Advisors in the UK
Dyson Quaintance & Strange
Newton Abbot, Devon, South West England, TQ12 2HP
Dyson, Quaintance and Strange Financial Management is a well established practice, having grown significantly following its formation in April 2001 when Chris Dyson, Rob Quaintance, and Carrie Strange
Apex CB Financial Planning
Poole, Dorset, South West England, BH16 6FE
Apex CB Financial Planning Ltd is a highly experienced Independent Financial Adviser providing holistic financial planning and Wealth Management services to personal and corporate clients in the UK.
Satori Financial Associates
The practice has more than the minimum qualifications and are members of the Chartered Insurance Institute, the Personal Finance Society and the Institute of Financial Planning and adhere to their
Create Financial Solutions
Create Financial Solutions is a trading style of Positive Solutions. Positive Solutions (Financial Services) Ltd is authorised and regulated by the Financial Services Authority. Registered as a
Mint Wealth Management
North Shields, Tyne and Wear, North East England, NE30 1AF
Mint Wealth Management is a member of Intrinsic Independent Limited, one of the country's leading financial services organisations. We work with both individual and corporate clients and take pride in
Core Financial
Chelmsford, Essex, East England, CM2 6LG
We work across all communities and geographics and pride ourselves on appealing to individuals and businesses that need financial help. The business has a traditional approach to investing Client
E1 Finance Direct
Shoreditch, East London, London, E1 4LJ
E1 Ffinance Direct Ltd act as commercial Mortgage Brokers who source mortgage loans for individuals and commercial businesses, E1 Finance Direct Ltd are not Lenders. We have a unique Intelligent Dip
RHG Investment & Financial Services
Stevenage, Hertfordshire, East England, SG1 2AD
Richmond House Group (RHG) has been serving private and corporate clients from offices in Stevenage, Hertfordshire since 1964 and now in Milton Keynes, Buckinghamshire. RHG Investment Management has
Ayton-Law Financial Services
Middlesbrough, North Yorkshire, Yorkshire and the Humber, TS5 5HR
We have been established since 1997 and are fully experience in all areas of Mortgage Broking and Financial Advice. With our expert knowledge, experience with clients and our excellent relationship
Henderson Finance
Liverpool, Merseyside, North West England, L15 4LF
Henderson Finance was first formed in 1969 as a part time "Credit Trading Company" supplying Clothing & Household Goods from my home in Aigburth Liverpool. As a further service in 1972 we introduced
SIP Wealth Management
SIP Wealth Management is a specialist Practice of Independent Financial Advisers with over 50 years experience and expertise in developing 'Self Invested' Pension and Investment Portfolios. Our
Outside The Box Finance
Cheltenham, Gloucestershire, South West England, GL54 2FN
We are a local independent asset and bank finance brokerage offering a dedicated and personal service to SME's across the Cotswolds - Berkshire, Warwickshire, Thames Valley, Gloucestershire and
Christmas Financial Planners
Burgess Hill, West Sussex, South East England, RH15 9TN
Christmas Financial Planners is an Independent Financial Advisory firm based in Burgess Hill primarily covering Kent & Sussex. Some clients were previously looked after by Christmas Insurance Brokers
Thacker Fairweather
Sutton Coldfield, West Midlands, West Midlands, B74 2TZ
Whether your enquiry is on a personal or corporate basis, the major financial decisions that you make will have significant and life-changing consequences. It is therefore essential that you seek
Granta Financial Services
Cambridge, Cambridgeshire, East England, CB3 9AW
Granta Financial Services is a firm of Financial Advisers which was established in 1995. With offices located in Cambridge and Huntingdon, we pride ourselves on being in the heart of the community, in
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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