It is important to get sound advice, especially when making decisions that may affect the value of your future property. Find out what independent financial advisors do, and how to find the right one for you.

What can they do to help?

Financial advisors can provide guidance and advice on a wide range of products and issues, including:

Investments

Health and Life Insurance

Pensions

Taxation of inheritance

Mortgages

Equity Release.

When you’re looking into more complex financial products such as equity releases and investments, a financial advisor is the first person to call. It is important to seek professional advice in order to avoid buying something that doesn’t suit your needs. For Equity Release Solicitors Near Me, visit https://www.tivoli.legal/equity-release-solicitors-near-me

Financial advisors can help you plan what you want to do with your long-term money and find the best products and investments to suit your needs.

How do I select a financial advisor?

It’s crucial to first determine what you require. It may be wise to find a specialist who specialises in the area you require, whether it’s investments, pensions, or equity release. Find someone who offers a complete package of financial planning.

Second, ask for their qualifications. It is required by law that they have qualifications, but it makes sense to double-check. It’s also a positive sign if they have additional qualifications or are members of an industry association.

Negotiating fees is always a good idea. Do not assume it is set in stone. Talk to the company and ask for a lower price.

Also, all agreements must be in writing. Get your advisor’s advice in writing as well, just in case something goes wrong. Ask questions to ensure you fully understand.