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Financial Advisors in the UK
Jigsaw Financial Management
Southampton, Hampshire, South East England, SO52 9LP
Jigsaw Corporate Financial Management Ltd is headquartered in Southampton, Hampshire. The principals have extensive knowledge of and experience in the financial services sector and are able to enlist
GLC Financial
Cheltenham, Gloucestershire, South West England, GL51 0JT
At GLC Financial we offer expert advice on protection products across the whole of the market. Offering you the peace of mind and security that you deserve. Whether you are looking to protect your
Finance7
Sheffield, South Yorkshire, Yorkshire and the Humber, S11 9PS
Furthermore, should you be looking to finance a new company following an insolvency event in the old company (Phoenix Company or Pre-Pack Insolvency) then again we have the contacts and expertise to
Libra Financial Planning
Woking, Surrey, South East England, GU22 7AG
The great joy of financial freedom is having your heart and mind free from worry about life's uncertainties, and our aim is to pave the way for a more secure financial future for you, your family and
Independent Financial Solutions
Portsmouth, Hampshire, South East England, PO2 9JY
Financial planning doesn't have to be a headache. Independent Financial Solutions can help you make the right choices when it comes to managing your finances. Whatever financial service you require,
Abacus Associates
Shrewsbury, Shropshire, West Midlands, SY3 6AU
Abacus Associates Financial Services Limited is a well established firm of Independent Financial Advisers (IFA's) with offices throughout the UK, offering a full range of services to help your money
Premier Portfolio Financial Services
North Finchley, North London, London, N12 0BT
Premier Portfolio Financial Services Ltd is a firm of independent financial advisers based in London. We have been providing advice to both individuals and companies on all aspects of financial
Lighthouse Financial Advice
The information contained on this website is generic and not to be taken as personal advice. Please contact me to arrange a free consultation to discuss your individual circumstances. Lighthouse
PY Financial Services
Banstead, Surrey, South East England, SM7 2DG
At PY Financial Services we specialise in most types of mortgages from Residential, to Buy to Let, to Commercial. We have access to the whole of the market place to ensure you are getting the right
Capey & Co Financial Planning
Stoke on Trent, Staffordshire, West Midlands, ST7 2AA
We like to build up a good relationship with each of our clients, where we know them and where they know us and trust our approach. This section therefore sets out to give you information about us -
Aspect Consultants
Leamington, Warwickshire, West Midlands, CV32 5AE
We are a boutique firm of chartered financial advisers working in the heart of Leamington Spa. We aim to deliver high end, specialist advice on wealth and tax strategies, investment planning and
Staffing Partners
Petworth, West Sussex, South East England, GU28 0NL
Staffing Partners is a leading corporate consultant and adviser, dedicated to the recruitment and staffing industry. Staffing Partners was conceived and developed to provide independent consulting
Choice IFS
Lincoln, Lincolnshire, East Midlands, LN1 1LS
As IFA's we are able to provide personalised advice on a host of areas as follows: Investments, Pensions, IHT Planning, Life Cover, Family protection and Mortgages. We are Independent Financial
DBL Asset Management
Wilmslow, Cheshire, North West England, SK9 5EQ
Since 2007, DBL Asset Management has provided independent financial planning and advice to clients from our offices in Wilmslow, Cheshire. We are a truly independent financial advisory firm, providing
Rutland Financial Services
Stamford, Lincolnshire, East Midlands, PE9 3UF
Rutland Financial Services provides clients with bespoke independent financial advice. Our focus is simple: to provide superior financial advice and to build a long and lasting relationship with our
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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