Do you have a Financial Adviser? Have you considered meeting one? Are you looking for help with your finances but are struggling on your own? Maybe you are one of the thousands of people who are reluctant to see an advisor for one of many reasons. So, what’s stopping you meeting a Financial Adviser?
Of the many reasons that people quote for not engaging a Financial adviser, you may find that you relate to some of the following:
I’ve Got to Be Rich to Have a Financial Advisor
If you are considering meeting with a Financial Adviser then you clearly have some finances to either invest or re-invest. This may be savings, pensions or investments for future growth and to be used later. Financial Advisers will be clear about their costs, including their initial meeting and advice. Once you have an idea of your figures and chosen a suitable Advisor, then have that first meeting…you may be surprised at what they can do with your money, regardless of the size of the pot!
Will My Plans be Legal?
There have been news stories about tax avoidance, celebrities and businesses putting their cash into tax avoidance schemes, banking off-shore and employing specialists to ensure minimum tax is paid. As an individual or a business, you are allowed to legally avoid paying tax. Tax evasion is the criminal offence. Your Financial Advisor will help you manage your money through perfectly legal schemes such as maximising your allowances, tax-free schemes and using current legislation to help you maximise your savings.
I’ll Get the Same Advice from Every Financial Adviser
The advice that you get from one Financial Advisor can be different from another. The general overall guidance may be similar eg. Investing in an ISA or Pension fund. However, the detail may differ; different funds, different pension providers, different timescales etc etc. It is important that you understand if the advisor is “tied” to certain financial institutions or if they are truly independent and can offer you deals from the whole of the market. Ask your Financial Advisor if they are “tied” to any providers.
They’ll Try to Sell Me Something I don’t Want
A Financial Advisor will (or should) give you unbiased advice and guidance with regards to your financial matters. If you are unsure about any advice that they give to you, or you are presented with any paperwork for signing that you do not understand, then take time to study, investigate and ask for more clarification. Also you can take advantage of your “cooling off period” should you need to. As with any purchase, it is in your own interest to do your due diligence and research before buying.
How Do I Find the Right Financial Advisor?
The Financial Conduct Authority (FCA) regulates over 56,000 businesses in the financial sector, ensuring that consumers get a fair deal by monitoring business honesty, fairness and integrity. It is advisable to check whether your chosen advisor is registered with the FCA.
Elliot Fletcher Limited are a Liverpool based team of Independent Financial Advisors who are dedicated to building, preserving and increasing their client’s wealth. They provide impartial, un-biased advice on the wide range of investment options available to you and they will give you the confidence to make the right decisions about your money. Have a look at their testimonials and contact them with full confidence.
What’s Stopping You Meeting a Financial Adviser? Give the Elliot Fletcher Team a ring and have a no-obligation consultation with them, then please make contact directly to arrange an appointment – about us
Telephone – 0151 709 2299
Elliot Fletcher Limited is Authorised & Regulated by the Financial Conduct Authority