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Financial Advisors in the UK
Leap Finance
Finchley Central, North London, London, N3 2SB
We are one of the UK's leading local brokers, equipped with a team of highly qualified and trained financial consultants operating throughout England and Wales. Our combined depth of experience
Kare Financial Management Consultants
Bognor Regis, West Sussex, South East England, PO22 9DR
It's more important than ever to understand your markets, as well as the economic variables that affect your customers' buying decisions. Which is why at KARE Financial Management Consultancy we offer
Pennywise - Dorchester
Dorchester, Dorset, South West England, DT1 1TT
Welcome to Pennywise's website, designed to give you an overview of the services we are able to offer. We can advise you across a range of financial subjects including Investments, Pensions,
Eastwood Financial Solutions
Chalfont St Giles, Buckinghamshire, South East England, HP8 4PB
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
Blythin & Brown
Loughborough, Leicestershire, East Midlands, LE11 1TG
Blythin & Brown Insurance Brokers have been providing expert impartial advice and bespoke risk management solutions locally and throughout the UK since 1970. In a climate of broker consolidation
Gerrard Stuart Financial Services
Leamington, Warwickshire, West Midlands, CV32 6EL
Gerrard Stuart Financial Services Limited ('Gerrard Stuart') are independant financial advisers based in Leamington Spa serving the whole of England and the UK as well as ex-patriots living abroad.
Commodore Finance
Prestatyn, Denbighshire, Wales, LL19 9LW
Our job as financial planners is not to guarantee future returns or to try and second-guess which investments will perform best - after all, we don't have a crystal ball. Our job is to use our
Firmus Financial Services
Stoke on Trent, Staffordshire, West Midlands, ST4 3EL
Professionalism, independence, service, and quality of advice are all areas which we feel a client should consider before committing to a working relationship with an Independent Financial Adviser.
Marchwood IFA
Chichester, West Sussex, South East England, PO19 1TD
Marchwood IFA was formed in 2009 by Richard Smith, Hamish Gairns, Adrian Chambers and James Mayne. Our aim was to bring together our wealth of experience and individual expertise to offer a full
Archdale IFA
Farnborough, Hampshire, South East England, GU14 6DQ
Arrange your will in the comfort of your own home, enter your details here and we will call you to discuss your requirements. Based on the Surrey Hampshire borders in Farnborough, our mission is to
Evergreen Financial
Barbican, City of London, London, EC2M 5UU
Evergreen Financial Limited is an appointed representative of Validpath Limited, which is authorised and regulated by the Financial Services Authority. Validpath Limited is entered on the FSA Register
Timewise Financial
Hove, East Sussex, South East England, BN3 6XA
The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK. Timewise Financial Ltd is a member of Best
Key Benefits
Carshalton, South London, London, SM5 3LB
Key Benefits Ltd is delighted to announce it has merged with Sterling McCall Wealth Management. The merger will enable us to continue providing our small company brand of personal hands-on independent
Concept Financial Management
Woking, Surrey, South East England, GU21 2JU
Our people are very important to us, as is making certain we provide you with the best possible professional financial advice. Below is a short biography for each of our colleagues together with their
Somerville Financial Services
Sudbury, Suffolk, East England, CO10 2AA
Somerville Financial Services Limited offers a consistent ongoing service provided by experienced individuals whose aim is to establish long-term relationships with clients. This provides you with a
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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