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
Steel Financial
Sheffield, South Yorkshire, Yorkshire and the Humber, S11 8FR
Steel Financial Advisers, Sheffield, are a group of experienced, friendly and local Financial Advisers who pride themselves in finding the right financial solutions for their customers. Because we are
Grosvenor Independent Wealth Management
Wickham, South East London, London, BR4 0EA
Grosvenor Financial Solutions offers a regulated Financial Advice service. Our aim is to provide you with trusted, commonsense financial advice on Investments, Pensions, as well as Life Assurance,
Watermark Financial Solutions
Burnham on Sea, Somerset, South West England, TA8 1PE
Watermark Wealth Management is a firm of Independent Financial Advisers based in Burnham-on-Sea, Somerset that is committed to delivering the highest quality independent financial advice and mortgage
Absolute Sense
Peterborough, Cambridgeshire, East England, PE2 6SL
Once again there are more Government changes regarding pensions. In this respect Absolute Sense are offering a FREE complimentary Auto Enrolment seminar for leading business people. The seminar will
Advanced Financial Planning
Consett, County Durham, North East England, DH8 5HE
Advanced Financial Planning provide advice and planning services for people who want to make the most of their finances. We're independent, which means we work for our clients interests, not those of
Sheridan Financial Services
Banwell, Somerset, South West England, BS29 6AU
Mortgages are important, they're very personal and they change people's lives. Most of us have to have one, and it's often our biggest expense. At Sheridan Financial Services we're passionate about
Alliott Graham Brown
Guildford, Surrey, South East England, GU1 3DL
Alliott Graham Brown Financial Planning Ltd is the financial planning arm of Alliotts, Chartered Accountants and Business Advisors. Graham Brown companies can trace their routes back to 1929 and
AKL Financial Management
Pensions are, of course, designed to enable you to save sufficient money during your working life to provide an income stream for you to live comfortably after you have retired. There are many
Tweed Financial Services
Peebles, Scottish Borders, Scotland, EH45 8SW
Tweed Financial Services Ltd was established in 2007 by David Swan, Michael Cornforth and Neil McDonald, who between them have over 60 years experience in the Financial Services Industry. The aim of
Paul Murray Investments
Portsmouth, Hampshire, South East England, PO5 3HU
Paul Murray Investments offers independent financial planning and investment advice, and works diligently to ensure that all our clients have the peace of mind that their financial affairs are in
Mark Hughes & Associates
Royston, Hertfordshire, East England, SG8 9AW
A: Despite what many would have you believe, there is no such thing as "free" advice. As is the case with most things in life, you get what you pay for. Nevertheless, it is commonly thought that
Edgar (Financial Advice)
Barrhead, East Renfrewshire, Scotland, G78 1AA
Established over 10 years ago and with over 45 years experience, Edgar Financial Advice Ltd. is an established and well respected family run firm of financial advisers. Based on the southside of
Face To Face Finance
Norwich, Norfolk, East England, NR1 1PN
Face to Face Finance are truly independent financial advisers based in the heart of Norwich. We believe that now, more than ever, professional financial advice is essential to ensure that you make the
Orchard House (Ifas)
Marlow, Buckinghamshire, South East England, SL7 2HG
Orchard House - Independent Financial Advisers providing financial solutions tailored to your needs. Here at Orchard House, your finances are our business. We have a dedicated team of independent
Timmins Financial Planning
Bilston, West Midlands, West Midlands, WV14 9AU
Timmins Financial Planning is a provider of Fee Free Mortgage Advice from the whole of the UK Market. As much of my time is spent helping existing clients I'm not always available to answer the phone
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