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
Wright Financial Management
Peterborough, Cambridgeshire, East England, PE7 3UB
Wright Financial Management was founded in September 1998 by Brian Wright after 30 years service as a senior manager within a leading UK insurance company. This was in response to his vision that
Premier Financial
Heanor, Derbyshire, East Midlands, DE75 7AA
We have access to a full range of external sources and are dedicated to finding the right product to meet our clients' unique needs. At Premier Financial Ltd we believe in providing the best advice
Trinity Wealth Management
St Albans, Hertfordshire, East England, AL3 6PA
In today's highly complex world of Wealth Management, Trinity Wealth Management offers its clients a distinct personal service in the area of Financial planning and UK Investment Advice. Our Advisers
Croydon Financial Services
Croydon, South London, London, CR0 2DU
Our aim is to provide this website as an additional user-friendly source of information that you can use with reference to advice we have given you and as a resource for actively seeking a better
Figures Please Sittingbourne
Sittingbourne, Kent, South East England, ME10 1DB
Figures Please was founded by Marcel Peeters. At the age of 18 Marcel was already involved in management and marketing aspects of not-for-profit organisations in the Netherlands. Project management
Iona Beesly Associates
Worthing, West Sussex, South East England, BN12 4NX
Iona Beesly Associates LTD was founded by Iona Beesly and has been trading as an Independent Financial Advisor in West Sussex for over 35 years. Iona's goal was to provide her client's with the best
Platinum IFS
Sale, Greater Manchester, North West England, M33 3ND
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
Sterling & Law Financial Advisers
Orpington, South East London, London, BR6 9QF
Established in 1997, Sterling & Law is a firm of professional independent financial consultants. Our client-first philosophy places you at the heart of everything we do. Over the years, we have worked
Robin Legget
Stockton on Tees, County Durham, North East England, TS17 5EZ
Pia Financial Solutions is committed to supplying a high quality service, providing mortgage advice and financial advice across the UK. The decision to take out a mortgage is, for the majority of
Advance Wealth
Chelmsford, Essex, East England, CM1 2QE
Let's face it, the Financial Services industry is not known for it's care and humanity. We believe people don't like the industry and we also believe the banks have made that even worse. But in
Sterling Financial Services
Nottingham, Nottinghamshire, East Midlands, NG1 5HR
We are firm believers that a financial services practice should add value and peace of mind. Our solutions are always delivered in the most cost effective and straightforward manner and treating our
County Associates (UK)
Canterbury, Kent, South East England, CT3 4JH
We are strongly committed to ensuring that all of our clients have the opportunity to make the best decisions possible for their financial future, whilst having access to a wide choice of products
Ashlea Financial Planning
Cheltenham, Gloucestershire, South West England, GL51 6EG
With financial information available from the internet, newspapers and blogs we have witnessed many Clients who are literally overloaded with data. In general, the British tend not to discuss
Logical Financial Planning
Logical Financial welcomes you. If you are seeking impartial independent financial advice, please read on. Logical Financial are Independent Financial Advisers, based in Cardiff but whose clients
Portal Financial Planning
Huddersfield, West Yorkshire, Yorkshire and the Humber, HD1 5JP
Our clients benefit from receiving local, trusted, knowledgeable advice; we offer completely independent financial advice covering the entire spectrum of financial products. We will work with you to
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