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Financial Advisors in the UK
Barrett Mortgages
Poole, Dorset, South West England, BH12 2DN
There will be a fee for this advice. The exact amount will depend upon your circumstances but we estimate it will be £295 and will only be payable on completion of the loan. Barrett Mortgages is a
Evolve Financial Planning
Manchester, Greater Manchester, North West England, M3 3HF
We are a fast growing, independently owned business with offices in London and Manchester. We offer financial and investment planning advice to private individuals who are, or aspire to be,
Mike Oliver Associates
Haywards Heath, West Sussex, South East England, RH16 3BN
Winners of Sesame Firm of the Year 2012, Mike Oliver Associates is an established leading financial adviser company in London and the South East. This means we will find the most suitable product to
James Raymond Financial International
Barbican, City of London, London, EC2A 1BR
Founded in 1962 and a public company since 1983, Raymond James is a diversified financial services holding company with subsidiaries engaged primarily in investment and financial planning, in addition
Peninsula Asset Finance
Exeter, Devon, South West England, EX4 8NS
Based in Exeter, Devon we are asset finance brokers specialising in sourcing asset finance for local businesses. With over 50 years combined finance industry experience we are well placed to find the
TNW Financial Services
Newton Abbot, Devon, South West England, TQ12 5NF
The reason for this is simply that your situation will change on numerous occasions through life, sometimes planned, sometimes not. And when it does you need to be able to adapt your financial affairs
Find Financial Advisers
Marylebone, West End, London, W1S 1YH
We have helped thousands of people all over the UK to make the best decisions about their finances, and we look forward to doing the same for you. This site is designed to help you find a financial
Aztec Financial Planning
Chepstow, Monmouthshire, Wales, NP16 6RZ
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
Gee & Watson Investment & Pensions
Heswall, Merseyside, North West England, CH60 0AG
We were established in 1974 and, over the years, have built a strong reputation for our expertise in creating bespoke financial planning solutions, for both personal and corporate clients. We will
Finance Wales
We can invest from £1,000 to £2 million at a time and we offer debt (micro loans and loans), mezzanine and equity investments. We can also invest at all stages (early stage, development
Navigation Financial Services
Liverpool, Merseyside, North West England, L1 0BG
We are flexible, immediately accountable and between our two Directors Nick Pyne and Julie Preston, and our Office Manager, are sad enough to have over 60 years experience between us in Financial
Guardian Finance
Leicester, Leicestershire, East Midlands, LE4 9HZ
Guardian Finance Ltd is a long-established and respected company providing locally-based finance facilities to Leicestershire people. We offer hire-purchase terms for the purchase of cars, caravans
Acorn Bowman Finance & Investment
Broadstairs, Kent, South East England, CT10 2QQ
We hope you find the site both useful and informative. For mortgages a fee of up to £250.00 will be payable at outset. Our typical overall fee is a minimum £800.00 which will be made up from the
Michael Moore Life & Pensions
Great Missenden, Buckinghamshire, South East England, HP16 0AL
We are a firm of independent financial advisers based in Buckinghamshire, but serving clients right across the South of England. Being independent means that we can offer advice from the whole range
ParnabyEvans IFA
Guisborough, North Yorkshire, Yorkshire and the Humber, TS14 7LG
Parnaby Evans Financial Advisers have no ties to any particular provider and utilises products from many providers in the market place to ensure our clients receive advice that best suits their needs.
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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