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Financial Advisors in the UK
Future Perfect Financial Solutions
Coventry, West Midlands, West Midlands, CV3 2TQ
Established in 1989, Future Perfect is a financial advisory business with 18 Financial Advisers looking after some 6,000 client households across the U.K. Our team of Financial Advisers includes
Trinity Financial Services
North Shields, Tyne and Wear, North East England, NE29 7PG
Trinity Financial Services NE Ltd is a firm of independent financial advisers based in Sunderland, serving clients across the North-East of England and beyond. We provide advice on an ongoing basis
Aegis Financial Services
Reading, Berkshire, South East England, RG1 4HP
Our consultants, advisers and administrative staff once received training in an effort to maintain and improve our standards of proficiency and advice to our clients, ensuring at all times that both
Linden Financial Services
Olney, Buckinghamshire, South East England, MK46 4BE
Here at Linden Financial Services we specialise in arranging mortgages and providing advice on protecting the financial health of our clients and their dependents. We take pride in building strong
Hampton Ash 93
Solihull, West Midlands, West Midlands, B91 1AD
Hampton Ash 1993 was established in November 1992. The Proprietor, Mr Paul McGonigle, has worked since 1982 in the Financial Services industry. We deal with individual and corporate clients, advising
Allen Flindall
Colchester, Essex, East England, CO1 1NH
Qualified by examination, our caring and friendly service is greatly valued by clients, our expertise and commitment to clients forms the basis of a long term relationship. We offer you the payment
Christopher Lewis
Milton Keynes, Buckinghamshire, South East England, MK9 2AH
There may be a fee for mortgage advice, the precise amount of the fee will depend upon your circumstances but you will be informed during our initial consultation whether one is payable. The guidance
Newman Knight
Hitchin, Hertfordshire, East England, SG5 1HP
Newman Knight & Co have a wealth of experience within the Estate Agency and Financial Services fields, so you can rest assured that when you enlist our help you are in safe hands. We have access to
Jordan Financial Management
Sutton Coldfield, West Midlands, West Midlands, B74 2NJ
Jordan Financial Management have been advising clients how to get the most from their money for almost two decades. Their plain speaking approach to explaining the world of personal finance has
Safe Hands IFA
Cheltenham, Gloucestershire, South West England, GL50 3DU
There are a lot of people trying to sell you insurance of one type or another but an adviser can tell you which one is actually worth buying. Whatever your needs, an advisor can help ensure personal
N W Brown Group
Cambridge, Cambridgeshire, East England, CB2 1DB
As one of the leading financial services groups in East Anglia we provide expert, bespoke, professional advice to personal and corporate clients in the Eastern region and beyond. Whilst all our
Otus Financial Planning
Altrincham, Greater Manchester, North West England, WA14 2QG
The guidance and/or advice contained in this website is subject to UK regulatory regime and is, therefore, restricted to consumers based in the UK. Otus Financial Planning is a trading style of Otus
Portland Financial Planning
Shrewsbury, Shropshire, West Midlands, SY2 5PJ
If you are struggling to make sense of all the options you have for making the most of your money in later life, you've come to the right place. I'm Ben Walters, an Independent Financial Advisor based
Field Hamlin
Lichfield, Staffordshire, West Midlands, WS13 6LL
Field Hamlin is owned and run by Gary Fieldhouse, the principal and chartered financial planner based in Lichfield, Staffordshire UK. We provide advice to both individuals and companies on all aspects
Swindells Financial Planning
Seaford, East Sussex, South East England, BN25 1NP
Holding investments in many different countries broadens the potential opportunities available to you and can help to reduce the overall risk of your investments. Global diversification is an
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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