Trending articles
-
Top Tips from a Financial Advisor for ...
21 Jun, 2022
-
Top Tips to Help You Be a Better ...
05 Oct, 2020
Partner's ads
Financial Advisors in the UK
Harbour Financial
Wickford, Essex, East England, SS11 8TD
Being independent we will look after your personal interests. With access to the entire financial market, we can search thousands of options to find the most suitable products and services for you. If
Medden Financial Services
Leeds, West Yorkshire, Yorkshire and the Humber, LS3 1BG
MedDen Financial Services are Independent Financial Advisers who have considerable experience of dealing with the financial needs of medics and dentists; both in personal and business financial
Inspired Financial Solutions
Chesterfield, Derbyshire, East Midlands, S41 9RX
The Financial Conduct Authority does not regulate taxation and trust advice, will writing and some aspects of buy to let mortgages. The guidance and/or advice contained within the website is subject
Lyn Financial Services
Taunton, Somerset, South West England, TA1 3NN
This website offers you basic product information for mortgages, life assurance, mortgage protection, critical illness cover, income protection, accident sickness and unemployment cover, investment
Graham Carter & Co
Chester, Cheshire, North West England, CH1 3AE
At Graham Carter & Co we advise on a wide range of financial planning issues including: Investment Planning, Retirement Planning, Estate Planning, Protection and Taxation. Our aim is to help our
Bury Financial Adviser
Bury, Greater Manchester, North West England, BL9 5BT
As Independent Financial Advisers (IFAs) we are not tied to any particular provider so we are able to offer advice on all the products or solutions in the marketplace. This website highlights some of
New Look Loans
Martin Morgan (company director) established New Look Loans in October 2007 as a facility that would broker vehicle finance for both dealers and the general public. He began the business with the
Advance Mortgage Solutions (uk)
Stoke on Trent, Staffordshire, West Midlands, ST1 1QH
Advance Mortgage Solutions (UK) Ltd was established in 2001 by Directors Chris Jones and John Alcock, who are the driving force behind this successful, thriving and people orientated company. We are
Central Investment Planning
Wolverhampton, West Midlands, West Midlands, WV1 4BL
Central Investment Planning commenced trading as Independent Financial Advisers on 1st January 1988. The merging of 2 families that now runs into 2nd generation, together with a wealth of experienced
Alpha Financial Management
Liverpool, Merseyside, North West England, L22 4QS
Alpha Financial Management is a company that is large enough to specialise but small enough to care. Our aim is to provide the highest quality of client care together with unbiased and comprehensive
Lamb Joseph R
Rayleigh, Essex, East England, SS6 7JQ
Joseph Lamb is a privately owned and independently run business, built on providing first class investment and financial planning advice. Our professional team of highly experienced and qualified
Lowes Financial Management
Newcastle upon Tyne, Tyne and Wear, North East England, NE2 1TL
As Chartered Financial Planners and Independent Financial Advisers, Lowes has been providing truly Independent Financial Advice since 1971 to a wide range of people throughout the UK. As Independent
R T Financial Planners
Winchcombe, Gloucestershire, South West England, GL54 5LJ
We use a state-of-the-art, back-office system taking live feeds from the major investment and insurance houses, so information is always current. Our advice is based on insight from our in-house
Wentworth Financial Services
Wirral, Merseyside, North West England, CH63 2PX
We are independent mortgage and insurance advisers based in Bebington, Wirral. We cover Merseyside, Cheshire and part of North Wales. Providing advice on mortgages, general insurance, protection
KDW Independent Financial Planning
St Albans, Hertfordshire, East England, AL1 1PQ
At KDW we have the financial expertise to provide you with a wide variety of options to meet your financial needs, at the right time in your life. Whether it's a mortgage, pension, life assurance or
Can't find your business?
Adding a business to FinancialExpertAdvisors.co.uk is free.Frequently Asked Questions and Answers
- Click here to navigate to the Login page.
- If you haven't yet registered, click here to navigate to the Registration page.
- Fill all required fields.
- After you have logged in, click on "Add Business.
- After you have clicked on "Add Business", you will be redirected to another page.
- You can now fill in the details for this Business.
- Click on the "Create" button.
- Your listing will now be "pending approval".
- One of our Administrators will review your listing and decide whether to Approve or Reject it.
- Priority listing positioning for city, county, in the search results, and our home page.
- A website link on the listing page.
- Can add services with links included.
- Have access to all submitted free quotes from our visitors.
- Increase leads that you can follow up and generate sales from.
- Increase your online presence which, these days, is an indispensable commodity.
- Allow the thousands of potential customers who use the directory each month to find you.
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