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Financial Advisors in the UK
First Call IMA
Doncaster, South Yorkshire, Yorkshire and the Humber, DN 123
FIRST CALL IMA LTD is a firm of financial advisers based in S Yorks, UK. We provide advice to both individuals and companies on all aspects of financial planning, through a long term approach of fully
Boote Financial Planning
Cheltenham, Gloucestershire, South West England, GL50 1NW
Boote Financial Planning Ltd was established from awareness that business owners in particular and wealthy clients require pro-active guidance and advice in the area of wealth management. We provide
Bright Star Financial
Billericay, Essex, East England, CM12 0EQ
Rob has spent almost two decades in the UK lending community since graduating from The University of Birmingham in 1992 and has held a range of senior management appointments. A regular media
School Business Services
Poole, Dorset, South West England, BH17 7AF
Both owners are active Directors of the company and provide strong leadership to their ever growing workforce; working closely with the SBS Board and Management teams to ensure growth and quality of
P D Financial
Bolton, Greater Manchester, North West England, BL1 8SD
Philip is a Chartered Insurance Broker, he spent over 30 years as a client servicer in the insurance profession working for major insurance brokers, and is a former President of The Insurance
Norton Folgate Capital Consulting
Barbican, City of London, London, EC2A 4EB
Since 1996 the team at Norton Folgate Capital Group has provided a first class service to its national client base which includes quoted companies, SME's, local and national authorities, charities,
Forward Financial Planning
Truro, Cornwall, South West England, TR1 1YR
Whether your enquiry is on a personal or corporate basis, the major financial decisions that you make will have significant and life-changing consequences. It is therefore essential that you seek
Wooderson Financial
Sudbury, Suffolk, East England, CO10 2EB
Wooderson Financial is an independent mortgage, life insurance and commercial finance company with a commitment to providing the best level of service at its core. We believe in our hands-on,
ADR Financial Services
South Lancing, West Sussex, South East England, BN15 0PY
The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK. ADR Financial Services is a member of Best
Shaun Hart Financial Planner
Lewes, East Sussex, South East England, BN7 1BU
Shaun Hart brings a straightforward philosophy to financial planning focused on you. Our relationship is a personal one; built on trust and understanding, an understanding between you and Shaun that
Agility Financial Solutions
Amersham, Buckinghamshire, South East England, HP6 5BW
AGILITY Financial was established in Beaconsfield in 2009, now trading from our offices in Amersham, we offer advice on a full range of pension and investment products. We are a dynamic company
Chequer Financial Services
St Albans, Hertfordshire, East England, AL1 3LF
Looking for the right Independent Financial Adviser can be a complicated and daunting process. Offering a different, yet professional service is essential in today's cluttered market. We strongly
P R M Brokers
Herne Hill, South East London, London, SE24 9HA
PRM Brokers Limited is part of the PRM Group which has been in existence since 1990, with the formation of Political Risk (Managers) Limited, and is an established specialist company dealing in Trade
Lord Financial
Barbican, City of London, London, EC2V 7HQ
Lord Financial Limited is authorised and regulated by the Financial Conduct Authority. FCA registered number: 595845. Registered Office: 75 Park Lane, Croydon, CR9 1XS. Lord Financial Limited is
Five Point Consulting
Wetherby, West Yorkshire, Yorkshire and the Humber, LS22 6NQ
We are experienced, professional financial advisers working with clients in order to help them understand their finances and achieve their goals. We take the time to get to know them, understand their
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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