Recommended Financial Advisors

Hayes Financial Planning Ltd
With over 20 years’ experience, we provide advice and practical solutions to individuals, businesses and trustees to help you with the financial issues that concern you most. Our financial planning
Mortgages remain one of the most important areas of advice provided in the UK and I do not foresee that changing in the future.
Excellent
I have used the Hays financial services on a number of occasions and found them very professional, customer-focused and honest. They offered me a need-based solution, protecting my interest in the long term, I would strongly recommend Michael and Hays financial planning services.
Excellent
Michael has been a huge help in several areas, including understanding and reviewing my existing pensions, helping me to obtain a mortgage to move into my new home and putting the right protection in place. He is flexible and personable in his approach, took the process at the best place for me and was always happy to explain clearly everything I needed to understand. He is always available to help and has a great process in place to ensure we are regularly reviewing our plans and goals. Thanks, Michael!
MJF Accountancy
MJF Accountancy Is a Liverpool based accountancy firm Incorporated in 2006. We have grown our accountancy firm on strong principles, expert knowledge and a whole range of skill sets that make us your
JXP Consultancy Limited
JXP are a whole of market Mortgage Broker. Get a Mortgage agreement in principle in 15 minutes. Free initial consultation either online, face to face or over the telephone. Choose from 1000’s of
Unleash Equity Release
Unleash Equity Release provides specialist advice for people looking to get more from their retirement by unlocking the equity from their property. As members of the Equity Release Council, our team
Halcyon Wealth
Halcyon Wealth a client-focused, innovative financial services consultancy with offices in the City of London, Canary Wharf and Royal Tunbridge Wells. Our fundamental objective is to provide a
Halcyon Wealth
Halcyon Wealth a client-focused, innovative financial services consultancy with offices in the City of London, Canary Wharf and Royal Tunbridge Wells. Our fundamental objective is to provide a
Halcyon Wealth
Halcyon Wealth a client-focused, innovative financial services consultancy with offices in the City of London, Canary Wharf and Royal Tunbridge Wells. Our fundamental objective is to provide a
Heywood Finance
We have included useful information for you about statements, repaying your loan as well as guides and useful forms. If you've received an annual statement, we have an interactive guide and a useful
Financial Advice & Services
Financial Advice & Services Ltd is part of an elite group of IFA firms in the UK to have been awarded the prestigious Chartered status in recognition of our commitment to professional excellence and
Aspire Financial Planning
We are a small firm of Independent financial advisers specialising in investments, financial planning, care fees, equity release, mortgages and protection. Our advisers each have over 15 years
Framingham Financial Services
We specialise in providing professional financial advice to clients on a wide range of financial matters. Our offices are situated in Bracondale, Norwich, a convenient and ideal meeting place plus
Brendan Sheehan
We are a Chartered firm of financial planners. This means we have satisfied rigorous criteria relating to professional qualifications and ethical good practice. It means you can be confident that you
Welsby Associates
Gordon Welsby is a Chartered Accountant and gained an MBA from Cranfield University. He has significant experience as a Finance Director of small- and medium-sized, rapidly developing commercial
Bankhouse Financial Management
We hope you find the site both useful and informative. The General Insurance Services and made available to you through our website are introduced by ourselves to a third party, however you can be
White Oak Finance
Founded by qualified financial adviser and ex-City broker Sam Farmer in 2006, he lay the strong foundations in providing a longevity and permanence to the way that independent financial advice is


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
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