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Financial Advisors in the UK
Aspirations Independent Financial Advice
Bristol, South West England, South West England, BS32 8BS
Quality advice and help you can trust and rely on; that's where we come in. We listen to your plans and goals for your family and those for whom you care. Guiding and helping you to work towards the
Heritage Financial Planning
Entrusting your financial interests and mortgage matters to a financial adviser can seem intimidating. That's why, when we're reviewing your financial circumstances or discussing your mortgage
Tremellen Jeffrey Allan
Radlett, Hertfordshire, East England, WD7 7NN
Tremellen Jeffrey Allan Limited (TJA) is an independent firm of financial advisers, established in the 1930's. At TJA we are committed to providing high quality, professional and impartial financial
Hereford Pension & Investments
Hereford, Herefordshire, West Midlands, HR4 0LA
Hereford Pension, Investment & Mortgage Centre LLP was originally established in 1998, with the current legal structure since 2004. We have continued to embrace change, to provide solutions for our
Lifetime Financial Partnership
Totteridge, North London, London, N20 9AR
As Independent Financial Advisers, we have no affiliation to any organisations or products and we provide unbiased advice. Where appropriate, we research the market and arrange life and health
William St. Clare
Ashby de la Zouch, Leicestershire, East Midlands, LE65 1AH
The financial landscape is one of shifting sands. Old opportunities disappear, and new ones present themselves. The irony is that the time available to continually assess our options and strategies
Adanac Financial Services
Yeovil, Somerset, South West England, BA20 1HE
Adanac Financial Services Ltd was created in 2002. Its foundations are built on the demand for a firm that understands and specialises in the needs of solicitors, accountants and their clients, as
Ardent IFA
York, North Yorkshire, Yorkshire and the Humber, YO30 6BA
At Ardent, we are passionate about helping you make the most of your finances. Which is why we take the time to get to know you, your lifestyle and aspirations, before offering personalised financial
Headland Finance
Torquay, Devon, South West England, TQ1 1DE
Headland Finance Limited is a well established company with its processing office situated on the English Riviera in Torquay, Devon. We are a friendly, approachable company who over the last 20 years
Robert Bruce Associates
Northampton, Northamptonshire, East Midlands, NN4 8DN
Robert Bruce Associates Limited G60 qualified independent financial advisers specialise in providing the best personal financial planning and retirement possible. We make every effort to remove
Sandringham Financial Partners
Huddersfield, West Yorkshire, Yorkshire and the Humber, HD2 1GN
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
Financial Adviser In Eastleigh
At financial adviser Eastleigh we provide the best services to help you improve your financial plans. We are experts in the field and aim to deliver advice, information and solutions which are clear
The Financial Consultancy
The Financial Consultancy was established in September 1995 by Kevin Dooley to provide clients with professional financial advice on a personal basis. We treat clients as individuals not numbers?. We
Kabayan Finance
Bicester, Oxfordshire, South East England, OX26 4LD
Kabayan Finance was incorporated in 2009 and has been actively trading since 2010. We often sponsor Filipino cultural and community events and attend the major Barrio Fiestas. We are now able to
ILM Financial
It is never too early or late to make suitable plans for your retirement. Apart from building up a pension fund over your working life it is also vital to have proper advice as to how best to take
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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