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Financial Advisors in the UK
Westcliff
Weston super Mare, Somerset, South West England, BS23 1NN
We are a firm of financial advisers based in North Somerset, UK. We provide advice to both individuals and companies on all aspects of financial planning, through a long term approach of fully
Leabourne Financial Advice
Hertford, Hertfordshire, East England, SG13 7EG
Prior to setting up Leabourne in 2012, I spent 25 years as an investment manager, investing in share markets, managing pensions funds and unit trusts. It also gave me a real understanding of risk.
Aaron Tawny Mortgages
Kettering, Northamptonshire, East Midlands, NN16 0AL
Aaron Tawny is a Local firm of suitably qualified Independent Financial Advisers who offer unbiased, honest, independent financial advice to both individuals and corporate clients. Aaron Tawny was set
BHP Financial Planning
Sheffield, South Yorkshire, Yorkshire and the Humber, S10 2PD
Come 6 April 2015, anyone over the age of 55 can withdraw as much or as little income as they like from their accumulated pension savings. Therefore, when it comes to using your pension fund to
Moor Investment Services
Tonbridge, Kent, South East England, TN12 6LX
At Moor Investment Services we provide independent financial advice to both private and corporate clients in all areas of financial planning. We are specialists in complex pension arrangements being
Pearlman Finance
Sunderland, Tyne and Wear, North East England, SR1 2RB
Pearlmans Finance is a North East based family company operating within the home credit industry in the North of England. Formed in 1902 by Joseph Pearlman, grandfather of the present managing
Alpha Investments
Marylebone, West End, London, W1S 1BN
Our focus is on you, the client, your aims objectives and helping you achieve them. By listening to you we get to understand how we can help you. Our lateral thinking has saved clients thousands of
Park Asset Finance
Shoreditch, East London, London, E1 7LS
Park Motor Finance Ltd and Gateway Credit Ltd are Appointed Representatives of Park Finance Holdings Ltd which is authorised and regulated by the Financial Service Authority. Park Finance Holdings Ltd
Chord Ifa
Woking, Surrey, South East England, GU21 4RE
You have found us because you are looking for sound, independent financial advice. Whatever your needs, getting professional, impartial advice can help you cut through the hype and the jargon and make
Assured Money Solutions
Mansfield, Nottinghamshire, East Midlands, NG18 1NU
Well done for making your first step to solving your financial problems. Unfortunately for most of us money worries are a major concern at some point or other in our lives and the anxiety that comes
Jula Finance
Dudley, West Midlands, West Midlands, DY1 3AD
In addition, Jula finance Ltd. is committed to providing a service that is competitively priced, trustworthy, robust and of high quality. As such, Jula finance Ltd. treats every transaction as urgent.
Acorn Capital Partners
Wilmslow, Cheshire, North West England, SK9 1DP
Acorn Capital Partners is corporate finance and private equity business. It is a full member of the British Venture Capital Association (BVCA) and is registered in England at Fawside Farm, Longnor,
Black Dog Financial Services
Level and bases of, and reliefs from, taxation are those currently applying but are subject to change and their value depends on the individual circumstances of the investor. The value of investments
Primary Financial Management
Houghton le Spring, Tyne and Wear, North East England, DH5 8LT
Primary Financial Management Limited is Authorised and Regulated by the Financial Conduct Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime and
Capital Financial Markets
Farringdon, City of London, London, EC1Y 8UE
Whilst Capital Financial Markets are specialists in managing portfolios and advising on stocks, shares and other securities, we understand that there is a whole realm of other considerations
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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