A common mistake among those lacking financial savvy is to dismiss independent financial advisors out of hand as a source of information. They are perceived to be too expensive, not value for money etc. However, not utilising the services of a professional can be disastrous. Attempting to go it alone on matters such as pensions, annuities and mortgages is an accident waiting to happen. You are taking a gamble with stakes that are far too high.
The Best Choice
If you make your own decision and lose money, there is nothing you can do. When searching for an advisor, make sure he/she is a member of an IFA organisation such as the Society of Financial Advisors (SOFA) or the Institute of Financial Planning (IFP). When choosing an advisor, make sure you ask certain questions relating to their professional experience and rate. Make a shortlist of 3 or 4 advisors and choose the one you feel will give you the best advice.
Of course there is no guarantee that the independent financial advisor you choose will be a success but if he/she is a member of a verified IFA organisation, you can rest assured that their advice will be given after close analysis of all options. Do not seek financial advice from an institution like a bank because they will only sell you products relating to their organisation. They are not independent. There is little chance of receiving advice based on your individual circumstances.
The bottom line is that an independent financial advisor is the best way forward in terms of making the most of the money you have. These advisors are professionals who have many years experience in their field. As long as you choose a specialist advisor, your money is in safe hands. Fill in the form below to get in contact with an independent financial advisors who can start saving you money today.