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Financial Advisors in the UK
LJM Investments
Ballymena, County Antrim, Northern Ireland, BT42 3HA
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
Lynn Burns Financial Adviser
Ardrossan, North Ayrshire, Scotland, KA22 8NE
Lynn Burns has been working in the UK financial services industry since 1978 and has been advising clients on a one-to-one basis since 1984. Fully Diploma qualified, authorised and regulated by the
C G Financial
Chelmsford, Essex, East England, CM1 1JR
Whether your enquiry is on a personal or corporate basis, the major financial decisions that you make will have significant and life-changing consequences. We work in partnership with our clients, and
Ring Associates
King's Lynn, Norfolk, East England, PE30 1JN
Ring Associates Ltd was established in 2002 and is an Independent Financial Adviser authorised & regulated by the Financial Services Authority. In March 2008 we moved our offices to the historic
Chris Rowley Financial Services
Peterborough, Cambridgeshire, East England, PE6 8AA
We are a locally based firm in Market Deeping of Independent Financial Advisers providing a wide range of financial services for individual and corporate clients. Our services include advice on
Firstxtra Financial Services
Newbury, Berkshire, South East England, RG14 2PZ
At Firstxtra we offer you expert advice and access to a range of financial services backed by what we believe is the very best of service. As professional advisers we always put you our client's
CarterDawes
Honiton, Devon, South West England, EX14 1JP
Investment planning should be a carefully thought out process with a rigorous and robust strategy. At CarterDawes we provide our clients with this service. We extensively research the market looking
Fergusson
Cleckheaton, West Yorkshire, Yorkshire and the Humber, BD19 3HH
From our Teesside office at Stockton-on-Tees and our West Yorkshire office at Cleckheaton we are able to provide a specialist service throughout the North of England. Our aim is to assist clients
Equanimity Independent Financial Advisers
Islington, North London, London, N1 9PF
When the business was founded back in 2004, Helen had an exciting vision to provide financial advice with no focus on the product. You may say is that all, but at the time it was revolutionary for a
Northridge Finance
Belfast, County Antrim, Northern Ireland, BT1 5LR
Part of Bank of Ireland, Northridge Finance specialises in providing both personal and commercial finance solely for the Great Britain market. Northridge prides itself on its commitment to service and
Key Financial Partnership
Peterborough, Cambridgeshire, East England, PE2 6WA
Guy is a founding Partner with Key Financial Partnership. He has been in the financial advice industry for over 10 years. Guy was formally with Sun Life financial of Canada before being instrumental
Accountant Richmond
Kew, South West London, London, TW9 1BP
PK Group is a fast-growing, London-based firm of financial architects. As one of the leaders of the new generation of financial services companies, we are dedicated to using our financial experience
Thomas & Co
Abingdon, Oxfordshire, South East England, OX14 5DH
Professional Financial Planning is the process which aims to help you realise your ambitions - whatever they may be. As professional financial advisers we can help you make informed decisions about
Tony Walker Financial Planning
Morecambe, Lancashire, North West England, LA3 3RL
My name is Tony Walker, I am an Independent Financial Adviser with clients in many places across the country. Based in Morecambe, Lancashire my business extends from Lancashire to North Yorkshire and
Navigator Financial Services
St Ives, Cornwall, South West England, TR26 1SD
At the end of 2012 we were examining the ways that we could further improve our service to you whilst still remaining accessible and locally based. After long research and deliberation we decided to
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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