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Financial Advisors in the UK
Jch: Investment Management
Lincoln, Lincolnshire, East Midlands, LN6 3QR
The best financial advice in the world is of limited use to you if the adviser is unable to provide the financial services that enable you to act on that advice. As an Independent Financial Adviser we
Argent Personal Finance Managers
Tower Hill, City of London, London, EC3M 4BR
Based in the City of London, EQ is an innovative Wealth Management firm that believes in putting people ahead of profit. We offer a wide range of services to UK private clients ranging from those with
Assured Financial Services
Chelmsford, Essex, East England, CM1 6EE
Assured Financial Services are a family run firm of Independent Mortgage Advisers. We have been in involved in the mortgage market for 36 years. Based in Chelmsford we can provide home visits
Advance Financial Planning
Winchester, Hampshire, South East England, SO22 4PE
We provide expert investment and financial planning advice that will help you to take control of your finances. Whether this is the first time you have thought about financial planning, nearing
Charlotte James IFA
Truro, Cornwall, South West England, TR1 1UF
Being located in Cornwall does not impact on our reach, in fact we deal with clients all over the UK and aboard. Our clients are from all walks of life each with their own individual requirements,
FPSS Cambridge
St Ives, Cambridgeshire, East England, PE27 3WJ
Your success is our goal and we are addicted to bringing success to our clients. We are a complete and extensive 'round table' team, combining entrepreneurial experience, wide ranging financial
Ayrshire Financial Services
Stevenston, North Ayrshire, Scotland, KA20 3LR
Ayrshire Financial Services was founded in July 2000. Over the years we have built up a Professional friendly Service. As Independent Financial Services Company we offer a wide range of products and
Med-ex
Cullompton, Devon, South West England, EX15 3EE
We never lose sight of the fact that, we must at all times deliver financial planning strategies that fulfil your requirements, by making complex things simple using our 'Life-plan on a page' concept.
Armstrong Watson
Carlisle, Cumbria, North West England, CA1 2RW
Focused enough to provide a truly tailored service; large and experienced enough to work alongside any size of business. We take the time and make the effort to ensure we understand your values and
FPC Financial Services
Wirral, Merseyside, North West England, CH62 4XD
FPC Financial Services is an Independent Financial Advice firm based in Port Sunlight, The Wirral. Established in 1987, the company is still led today by David Bowler, one of its original founders.
Professional Affinity Group Services
Holborn, Central London, London, WC1H 9JH
The British Medical Association is an Introducer Appointed Representative of Chase de Vere Independent Financial Advisers Limited, which is authorised and regulated by the Financial Conduct Authority.
Essentially Financial
Pinner, North West London, London, HA5 5PJ
Les Conway DipPFS, Certs CII (MP & ER) is Director/Financial Planner and established the firm with the aim of guiding clients along their lifetime journey providing support as their financial partner.
Moneyfax Fps
Worcester, Worcestershire, West Midlands, WR1 2NX
Our people are very important to us, as is making certain we provide you with the best possible professional financial advice. Below is a short biography for each of our colleagues together with their
Ward Williams Financial Services
Weybridge, Surrey, South East England, KT13 8RN
Ward Williams Financial Services Ltd was originally established by Ward Williams Chartered Accountants (Ward Williams Ltd) as a separate company to provide Independent Financial Advice to its personal
Escom
Shrewsbury, Shropshire, West Midlands, SY1 1UT
LONDON - Britain's economic growth rate was stronger than previously estimated last year and in early 2015, the country's statistics office said as it announced revisions to the way it measures the
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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