Independent Financial Life Planners Bishop's Stortford: Key questions to ask a Financial Adviser

Thursday, 27 February 2014

Key questions to ask a Financial Adviser

Enable’s IFAs are happy to answer all your questions.

• You might want to start with what type of advice/service do you offer?

• You need to determine the type of advice which they are able to offer you, if they are independent, or if they are restricted to only giving advice on certain products, and what experience and qualifications they have.

• You should understand what the process is to assess your financial needs, what your financial objectives are and how your attitude to risk is assessed. Remember that your attitude to risk may change over time and it is important that you keep your adviser informed regarding any change in circumstances that may affect your risk profile.

• Ask how Advisors decide what the best investments for you are. The adviser needs to explain the different asset classes and what they would recommend based on your profile. How are you kept pu to date; face to face, email and written reports, and in what timescales you can expect to receive these - monthly, quarterly, or yearly.

• You should know how much control will I have over your investments and investment decisions, and know who else manages your investments. You should be 100% clear who will be managing your investment for you and who to contact if you have any queries/questions. Then make sure you know the level of service you can expect from your adviser and how often your portfolio will be reviewed.
Finally fees this is a very important question. Know how much you will be paying for advice and how you will be billed.

Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE

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IFA Bishop's Stortford

At Enable Independent we know that our clients trust us and rely on our advice to help them to plan a better, more secure financial future. This is a responsibility that we take very seriously especially because we know that many clients have chosen us on the recommendation of friends and family. Each one of our advisers has deep expertise in their area of specialist knowledge and, as a team, we hold some of the highest qualifications available in the financial advice industry.

Our job satisfaction comes from using our skills to find workable, affordable and flexible solutions to meet our clients needs. Whether we are planning for known future funding requirements such as house purchase, school fees or income in retirement - or for the unforeseen such as job loss, long-term illness or early death, our independence from any product provider enables us to view the marketplace impartially. Our training permits us to look beyond a product's marketing hype and select on the basis of its fitness for purpose.