Trending articles
-
Advisors, Start Your Meetings With ...
01 Jul, 2025
-
When Do I Need A Financial Advisor? ...
01 Jul, 2025
-
6 Things You Should Know BEFORE You ...
27 Jun, 2025
-
What Financial Advisors DON'T Tell You ...
25 Jun, 2025
-
Do I Really Need A Financial Advisor? ...
13 Jun, 2025
-
A Day in the Life of a Financial ...
06 Jun, 2025
Partner's ads
Financial Advisors in the UK
Alpha Financial Consultants
Torquay, Devon, South West England, TQ2 7HP
Alpha Financial Consultants (South West) Ltd trading as Alpha Financial Consultants is an appointed representative of The Whitechurch Network Ltd which is authorised and regulated by the Financial
Hunter Jamiesons Financial Services
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
John Summers
Ipswich, Suffolk, East England, IP1 4NZ
We treat each client individually which ensures that we will look at your specific concerns, responsibilities and ambitions and provide advice that is specific and suitable to you. We provide an after
Caledonian Financial Management
Hamilton, South Lanarkshire, Scotland, ML3 6JA
Caledonian Financial Management are a firm of highly qualified Independent Financial Advisers based in Hamilton, Scotland. We have real passion for helping our clients reach their financial and
Strictly Financial
Kentish Town, North West London, London, NW5 1TL
We found Dave and Claire to be a breath of fresh air in the area of financial services research - prepared to challenge the brief and client assumptions, and with an excellent understanding of the
Business Finance From Hesketh Boyd
Preston, Lancashire, North West England, PR1 8BU
Engaging the services of an experienced, accredited finance broker can secure your financial future, and at Hesketh Boyd we go the extra mile to ensure our clients get the best deals. Thanks to our
Face To Face
Barrow in Furness, Cumbria, North West England, LA14 1SF
Face to Face Financial Services Ltd is authorised and regulated by the Financial Services Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime and
Harrington Brooks
Sale, Greater Manchester, North West England, M33 6AG
If you're experiencing debt problems, you're in the right place. We're currently helping over 70,000 clients repay their debts by an Individual Voluntary Arrangement (IVA) or Financial Management
Thinking Finance UK
Ryde, Isle of Wight, South East England, PO33 1LQ
At Thinking Finance UK Limited we provide a full Financial Planning service. This will normally take the shape of an initial free meeting with a potential client. At that first meeting, which can take
IQ Financial Advice
Lincoln, Lincolnshire, East Midlands, LN6 7DQ
Most of our private clients own their own business or have since retired and our services are typically best suited to similar individuals. However we have clients from all walks of life and our main
The Abbott Clarke Partnership
High Wycombe, Buckinghamshire, South East England, HP13 6DL
Peter Clarke is a Chartered Financial Planner and has a Master's degree from London Business School. He describes himself as a generalist, but particularly enjoys developing tax-effective retirement
Alexanders Finance
Alexanders Finance Ltd is an appointed representative of Sense Network which is authorised and regulated by the Financial Conduct Authority. Alexanders Finance Ltd registered office is as at 43 Fingal
I F A Choice
Exeter, Devon, South West England, EX4 3SR
IFA Choice provides an outsourced paraplanning and administration service for busy IFAs. We have a vast wealth of knowledge and experience accumulated over many years within the financial services
Anderson Shaw Corporate Finance
Coventry, West Midlands, West Midlands, CV5 6UB
Our expertise lies in the engineering, manufacturing, technology and B2B service sectors and the majority of our revenue is derived from the success-based fees associated with completed business
Research Independent Financial Services
Darlington, County Durham, North East England, DL3 7BQ
Established in 1991 to provide the people of Darlington and its surrounding areas with genuine objective independent financial advice, Research specialise in impartial advice to both individual and
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