Title: Tips to Choose the Right Financial Advisors in Norwich
1Tips to Choose a Financial Advisor
2Not many people understand the complexities of
the purchasing process, the mortgages available
and the importance of choosing the most
appropriate repayment method, hence the need for
professional advice. But how will you select
the right financial advisor as there are hundreds
of advisors claiming their service to be the
best. Choosing the best from the hundreds, you
need to ask few questions, such as
3How long have you been working in this
field? Youre looking for someone you can relate
to and who can help you plan for the future. So,
choose a financial advisor who has years of
experience.
4- What qualifications do you have?
- For the basic level of advice, the advisor must
have one or both of the following, or an
equivalent qualification recognised by the
Financial Services Authority. - Certificate in Financial Planning
- This allows someone to provide financial advice.
- Certificate in Mortgage Advice and Practice
This allows the advisor to give advice on
mortgage products.
5- Are you independent or tied?
- A tied financial advisor offers advice and sells
companys financial products. They dont
generally offer all-round planning advice. - A multi-tied financial advisor offers advice and
sells more than one companys financial products.
- An independent financial advisor is completely
independent from the companies whose products are
available to be sold. This doesnt mean that the
advisor has access to all products on the market.
6How will you be paid? Independent financial
advisors must offer you a choice of paying a fee
for their service or allowing them to take a
commission on the product they sell you.
7Want an easy way to find a financial advisor?
Seek help of JF Financial Associates. The company
offers high quality mortgage and insurance
advice. Phone 0845 50 88 588
Website http//jffinancial.co.uk