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Financial Advisors in the UK
Heritage Independent Mortgage Advisers
Guildford, Surrey, South East England, GU1 2RD
At Heritage IMA we offer a professional mortgage solutions service and by reviewing your individual circumstances in conjunction with the whole market place we can tailor make a mortgage to suit your
OMG Financial Planning
Johnstone, Renfrewshire, Scotland, PA5 8AJ
We hope you find the site both useful and informative. We look forward to meeting with you at our office in Johnstone or a location convenient for yourself. The General Insurance Services made
KPM Financial Services
Stockton on Tees, County Durham, North East England, TS23 2RJ
Even if you've already got these areas covered, it may be that you have another look at your financial health. Either way, it's well worth your while spending just a little time talking through all
McGrady Financial Services
Downpatrick, County Down, Northern Ireland, BT30 6DW
McGrady Financial Services Ltd. was established over 40 years ago to provide Independent Financial Advice throughout Northern Ireland. The role of the Independent Financial Adviser has changed over
Parker Castle (Financial Management)
Coggeshall, Essex, East England, CO6 1NT
Parker Castle Ltd is an independent financial adviser providing advice on investments, pensions and life assurance as an Appointed Representative of CAERUS Financial Ltd. The business uses modern
Belper Independent Financial Solutions
Belper, Derbyshire, East Midlands, DE56 1JH
Belper Independent Financial Solutions Ltd is authorised and regulated The Financial Conduct Authority. Belper Independent Financial Solutions began in the town of Belper in the Amber Valley of
Laing & Cruickshank Investment Management
Worthing, West Sussex, South East England, BN11 1TA
UBS offers high net worth and affluent individuals around the world a complete range of tailored advice and investment services. Our spectrum ranges from investment management to estate planning and
Gyr Consulting
Swanley, Kent, South East England, BR8 7AG
Based in Swanley Kent, Gyr Consulting is a specialist firm of Independent Financial Advisers advising Private Clients on wealth management and strategic financial planning. We work with our existing
Financial Elite
Southend on Sea, Essex, East England, SS1 1JE
We offer a FREE service matching you with a fully qualified Independent Financial Advisor ("IFA") who has the right qualifications and experience for your needs, and is local to your home or work.
A.R.D. Consultancy
Associate of the Chartered Insurance Institute, Chartered Insurer and Member of CAMRA. Andrew left a multi national insurance company in 1999 in order to become a financial adviser, his aim was to
Otter Financial Services
Ottery St Mary, Devon, South West England, EX11 1AF
You will then be in a position to make an informed decision whether Otter Financial Services is the right financial adviser for you. Otter Financial Services Ltd is authorised and regulated by the
Birmingham Remortgage & Mortgage
Stoke on Trent, Staffordshire, West Midlands, ST4 3NR
Fresh Finance Group Limited established in 2006, is a real company of Specialist Remortgage Brokers and financial advisers based in Stoke on Trent, Staffodshire. Our expert remortgage advisers and
Uni-plan
Beckenham, South East London, London, BR3 3RB
To help you to get to know us before we meet, at Uni Plan we'd like to tell you more about our business, the ways we can help you and how we'll work together. We are members of Sesame Limited - a
Howlett Reid Hutchinson
Great Dunmow, Essex, East England, CM6 1DA
Clients require tailor-made solutions reflecting their specific requirements and wishes. We are an established, independent company with over 50 combined years of industry experience. With finances
Olympic Business Finance
Wombourne, Staffordshire, West Midlands, WV5 8DU
Olympic Business Finance are part of the UK's most established and successful independent specialist network providing Commercial Finance support to SME businesses throughout the UK. Whether your
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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