Financial advisors are professionals who can provide advice about investment options and financial products to clients. Individuals seeking the services of these professionals should consider the following information...

1. Choosing A Regulated
Financial Advisor
Kevin Neal
Business

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Financial advisors are professionals who can
provide advice about investment options and
financial products to clients. Individuals seeking
the services of these professionals should
consider the following:
>> WHAT DO I WANT? – Is it help with financial
planning or a recommendation on which
fixed-income option to invest in? Dealing with
financial advisors is easy when there’s prior
understanding of the need.
>> THE ADVISOR’S EXPERIENCE – Consider the
level of knowledge and experience an advisor
has, particularly in the area(s) you need help.
>> THEIR RECOMMENDATIONS – It’s
important to gauge an advisor’s scope of
recommendations; in particular, whether
they’re recommending from the entire market
or narrowing their advice to a limited set of
providers.
>> ARE THEY AUTHORISED? – In the UK,
financial advisors are regulated by the
Financial Conduct Authority (FCA), which
monitors how they conduct their business.
Choosing A
Regulated Financial
Advisor

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Some advisors will provide advice
across numerous areas, while others
will have specialities in certain
sectors. It’s important to ensure that
an advisor covers your particular
needs. Each advisor will also have
their own protocols when dealing
with clients. Some prefer initial phone
or email conversations to ascertain
an ability to take on the case, before
proceeding to have a personal
meeting to understand the client’s
financial situation better.

4. To learn more about
this topic, visit the
blog of Kevin Neal.