Wednesday 22 June 2011

Financial Advisors - Featuring Wealth Management Support

By Celestina Kernodle


Financial Advisors - Providing Wealth Management Support

It's never too soon to think about wealth management. Good financial advice will help you to envisage your financial future and understand where you are right now. There's no point working hard only to find that it's all gone when you're older - wealth management planning will ensure that you get the most benefit from your hard earned cash, both in the present and when your working life starts to slow down.

Despite the fact we now have the internet at our disposal, the most reliable source of wealth management advice is still a professional financial advisor. A financial advisor can provide information based on your individual circumstances - a totally bespoke solution. They will look at your current position and your future intentions and use the information you provide to assist you in creating a financial plan that will help you to get where you want to be.

Financial Advisors - How Can They Help?

Financial advisors can help with any aspect of wealth management planning, offering professional advice based on their industry knowledge. Whether you are looking for financial advice on savings, life assurance or planning for your retirement, a financial advisor can help you to identify the best solutions for you. If you want truly impartial advice, rather than being persuaded to source your wealth management solutions from a narrow range of providers, look for independent financial advisors. It's also a good idea to check that they are regulated by the relevant authorities, to ensure that they are trustworthy and registered to operate in the country from which they are working.

If you're an expat living outside of the UK, there are many British financial advisors across the world that can help you with your wealth management and financial planning. These consultants will be able to offer professional advice based on their experience of your new home and the financial concerns of expats, but again, make sure they are regulated.

Managing Your Money - From QROPS to Education Planning Wealth management is all about managing your finances. How you do this is dependent on your aims. Perhaps you need a savings plan to help you amass a lump sum for a large expense such as a new house. Or you might want to plan for your children's education or inheritance. For expats, wealth management issues could include the possibility of moving a UK pension into a Qualifying Recognised Overseas Pension Scheme, or a QROPS. Regardless of your financial planning needs, securing the advice of a regulated and experienced financial advisor is the first step in making the right choices for you and your family.




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