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Financial Advisors in the UK
Yes Can Do Money
Havant, Hampshire, South East England, PO9 1RB
Here at YesCanDo money, we give honest, straight forward, easy to understand financial advice. We take care of all the administration for mortgages and life cover applications as well as liaise with
J W Financial Planning
Macclesfield, Cheshire, North West England, SK10 4HP
On the 1st December 2013 all the clients and staff of the Whitehead Group have been transferred to JW Whitehead. Everyone at JW Whitehead are looking forward to continuing with the level of service
Blackstone Financial Advice
South Woodford, East London, London, E18 1BD
We are dedicated to creating a meaningful, long-term relationship with you that is based on understanding, knowledge and commitment to progress. We are a company of action: proactive, professional and
Harley Financial Services
We are a firm of Chartered Financial Planners based in Falkirk. From our base in Central Scotland our team of experts provide specialist impartial advice on a wide range of financial planning issues
BlacklerSnelling Financial Planning
Plymouth, Devon, South West England, PL4 0AU
We are committed to giving independent, jargon free advice on appropriate financial products, tailored to your specific needs. We achieve this by placing an emphasis on quality of service, regular
Facts & Figures
Camden Town, North West London, London, NW1 2DN
Independent financial advice can help you whether you are investing a nest egg, planning retirement or concerned about protecting your family. Most of the issues we address every day attempt to answer
Eagle Asset Finance
Livingston, West Lothian, Scotland, EH54 7EN
Eagle Asset Finance Ltd are asset finance specialists with a wide knowledge of many industry sectors. Stephen Clark, director, has 21 years experience in the asset finance industry which allows him to
The Sigma Financial Group
Redditch, Worcestershire, West Midlands, B97 4DL
The Sigma Financial Group ("Sigma") is a debt collection, outsource and portfolio purchase business offering a range of services for the management of performing and non-performing consumer
Store Financial Services
Birmingham, West Midlands, West Midlands, B3 2HJ
StoreFinancial is an international payment systems processor, programme manager and an industry leader in prepaid card programmes specifically designed for unaffiliated retailer groups. Currently,
Coll Perkins
Fareham, Hampshire, South East England, PO16 8SS
Coll Perkins offers truly independent financial advice which allows us to start with a clean slate for every client - whilst ensuring value for money. Our Advisory and Servicing team have a wealth of
Stephen Abbott Financial Services
Bradford, West Yorkshire, Yorkshire and the Humber, BD7 3DL
As independent financial advisers we can provide advice on investments, retirement planning, the financial protection of your family or your business and purchasing property. We are able to source
Citation Capital Management
Chelsea, South West London, London, SW10 9HQ
Global Market Report The calendar year 2014 has commenced with some dramatic Capital Market flows. Some are a simple continuation of the 2013 investment pattern of strong equity flows into the G7
Morgan Independent Financial Services
Whitstable, Kent, South East England, CT5 1LL
At some point in all of our lives we need to make the best provision for ourselves and our dependents. Whilst some people are happy to make their own arrangements, others would like the peace of mind
D & P Asset Management
Morpeth, Northumberland, North East England, NE61 1HG
A flat fee of £250 will become payable at outset. In addition, we will retain any commission paid by the lender. If the commission from the lender is greater than £750, we will refund the
Simpson Financial Planning
Wokingham, Berkshire, South East England, RG41 2RX
You have found us because you are looking for sound, financial advice. As a professional financial adviser practice, Simpson Financial Planning Ltd is authorised to advise in many areas of financial
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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