Michael Kennedy, Chartered Financial Planner at Principle First discusses a few questions you should consider asking a financial adviser /Financial planner.
1. Are You Independent?
This is a very important question as it has a baring on the type of advice you receive. Only independent financial advisers advise on products from the whole of the market, offering completely unbiased advice. Some advisers are tied to product providers and so only advise on a restricted range of products. Ensure your adviser is independent. From a business point of view independent financial advisers attract more clients, and place more resources into identifying the best products for clients, who receive advice on all finanical products.
2. What Are Your Qualifications?
Depending on the complexity of your needs, your financial advisers qualification are extremely important to ensure you receive the best possible advice. Have your adviser and support staff gained industry recognised qualifications and are they continually training and gaining further qualifications to ensure all clients receive the very best advice?
3. Who Is Your Typical Client?
Some firms cater for large companies and some are more geared towards individuals so it is a good idea to find one more able to cater for your needs. A firm that has a high level of financial knowledge should be able to deal with companies and individuals in developing the correct financial advice.
4. Can You Put Me In Touch With Existing Clients?
Any financial adviser should be more than confident in the advice they have offered all their clients and so should be more than happy to put you in contact with existing clients. Many firms will display their clients testimonials on their website as they are proud of the feedback they get.
5. Will You Work In Conjuction With My Accountant, Solicitor and / or Family Members?
Good financial planning requires the need to interact between all the professionals you employ. Many accountants and solicitors will be happy to interact with your finanical adviser, however as it is not their area of expertise, they will normally wait for you to bring it up. Ask your professional accountant or solicitor if they can recommend a quality financial adviser and would they work in conjunction with that firm to ensure that you have the most efficient financial plan.
Summary
Would you continue to use the local shop if everytime you went for a pint of milk it was closed (Back in 5 minutes)? Are you getting the service you deserve? Is your current adviser ticking the above boxes? Ask yourself these questions and make the necessary steps to safeguard the financial planning needs of yourself and your family.
Friday, March 27, 2009
Questions you should ask your Financial Adviser
by:
yestom
time:
12:29 PM
label: Financial ETFs, others
Subscribe to:
Post Comments (Atom)
Subscribe
Labels
- banking (1)
- Financial ETFs (8)
- Gold buffalo coin (12)
- Gold investment (44)
- Gold Investment Guide (17)
- Investment News (6)
- mexico gold coin (10)
- others (47)
- Retirement Planning (30)
- South African Gold Krugerrand (13)
- Stocks and Bonds (40)
- Trading Results (1)
- Wealth Building (35)
Followers
Blog Archive
-
▼
2009
(207)
-
▼
March
(180)
- 1930s Volatility is Here
- 5 Stock Tips to becoming a Successful Trader
- What is an ETF?
- 3 x ETFs, the Latest hit
- Inverse ETFs, Should You?
- What are ETFs
- What is a good investment
- Reasons For Selling Options
- Signs of a bottom
- Zacks Beats The Major Brokers
- Are Chipmakers Finally Stabilizing
- Real Estate Investing - The Benefits from an Exper...
- TOP 10 INVESTMENT SCAMS IN WASHINGTON
- Current Economic Recession Strategies
- Rules for Investing During Volatile Times
- Gold vs. Stocks: Worst Yet to Come
- Inflation? Deflation? Buy Gold
- Gold: Reality vs. Liquidity
- Inflationary Fire Insurance
- Euro Collapse, Gold Surge
- Can China Rescue the World
- 5-Figure Gold & Central Bank Sales
- Gold vs. Mervyn King's "Queasing"
- Japan Inflates, Gold Jumps
- India's Latest Gold ETF
- Saving & Spending
- The Long-Run Value of Gold
- What are the best ways to buy gold
- Gold Bullion
- Gold Bullion Investment: Why buy gold today
- Krugerrand Gold Coins
- Mexico 50 Peso Gold Coin
- Tips for Gold Investment
- Investing in Bullion and Collectible Gold Coins
- Guidelines to Buy Your First Ounce of Gold
- Buy Mexican 50 Peso Gold Coin as Safe Investment
- Mexican Gold Coins for Gold Investors
- Types of Mexico Gold Coin
- What You Need to Know Before Buying the Gold 50 Pe...
- A Brief History of Mexican Coins
- How to Buy Cheap Gold 50 Pesos Mexico Coin
- Why Buy Mexican 50 Peso Gold Coin Now?
- Tips of Collecting Mexican Old Coins
- Mexican Coin Collecting Guide
- Tips of Collecting Silver Buffalo Coin
- American Buffalo Coin Buying Guide
- What’s Buffalo Nickel Value Today?
- Why You Should Buy Proof Gold Buffalo Now
- History of American Gold Buffalo Coin
- Types of American Buffalo Gold Coin
- Why You Should Buy American Gold Buffalo Coins
- Buy $50 Gold Buffalo as A Safe Investment
- What You Need to Know Before Buying Buffalo 2006 G...
- 2001 Silver Buffalo Buying Guide
- How to Buy Gold American Buffalo Coin Online Safely
- United States Mint Updates Pricing for American Bu...
- Retiring For Fun And Profit
- With Retirement Comes a Financial "Risk Zone"
- Pensions- what can you expect at retirement
- 4 Easy Ways to Reduce College Costs and Supercharg...
- Different Types of Investments
- Invest In Your Retirement With A Internet Home Bus...
- What Makes the FOREX Market Different From the Sto...
- FOREX - Foreign Exchange Market
- Forex Trading - Should You Invest
- Stock Day Trading Tips 2009 > How to Pick Good Sto...
- A look at Elliott Wave Theory
- Learn the Best Solution for Retiring Wealthy
- Put options Vs Short ETFs
- How to Use Covered Call Options For Additional Saf...
- Cutting losses on Stock Options
- How To Invest In This Economy
- 3 Easy Ways to Go Short with Call Options
- The Media's Effect on the Stock Market
- Buying Options With a Plan
- Stock Market Trading: What You Need To Know
- Timing the Market for Profitable Stock Investment
- Bullet Advisory Indian Stocks- DOW NASDAQ U.S.Mark...
- Monthly Compounding Better Than Annual? Not Always
- Successfully Trading Silver Futures
- Your Financial Future Is In Your Hands
- Preparing For One's Retirement
- Enjoy and Make Money at the Same Time
- Cash Earning Strategies
- Profit From Dividends
- Picking the Right Wealth Consultant
- Be Wary of "Blue Chip" Penny Stocks
- Creating a Life After Retirement
- Retirement and Business Opportunities
- Home Business for Retirees
- Make Money Even If You Have Retired
- Clearing Debts before Retirement
- Working From Home: A Simple Way to Stay a Producti...
- Earning Opportunities For Retirees
- LOOKING FOR THE BEST PENSION PLAN
- Buying a Business
- What Businesses Can You Buy
- Government announcement on pension minimums
- Secrets Real Estate Provides Hope in the Economic ...
- Can I afford to retire
-
▼
March
(180)
0 commets:
Post a Comment