Best Practice for Finding Financial Advice

The latest techniques and technologies used in the financial industry have served it well, and continue to serve its clients too. 

When it comes to the point of delivery to you as a customer or client, and finding financial advice, what you will benefit from is the human touch, and that will boil down to your getting the best financial advice, and this can only come from meeting, or speaking to, an actual person.  

Sounds basic, but it is true.  It isn't just that that person will have experience in listening to clients in order to establish their needs and best course of action, but as every person is different each set of needs is unique also.

This isn't just a platitude or something that financial planners say.  I am writing from the point of view of someone who has worked in financial planning for nearly thirty years, starting out as a PA and working my way up to Partner, and I can say that every file and every case, of the many thousands I have dealt with in that time, has been different.  It isn't just a case of recommending the same pension, or the same mortgage, or the same ISA to everyone.  Far from it. Everyone has different earnings, lives ina  different place, has a different family situation, goes somewhere different on holiday, and wishes to retire in a different way.

These days, also, the rules and regulations regarding financial matters, financial advice and financial planning have changed a lot, and they can be tricky to follow these while making a transaction today. This is not about smaller normal money transactions. When you have a certain amount of money to manage each month, things can get complicated and a good financial adviser will be able to see where you can save, even on a small level, because of course it all adds up. In that case having good financial advice is a must. 

Do check your financial status with a financial planning expert to ensure that everything is sound and simple. It is always best to know for example where you stand regarding tax, as mistakes in this area are often very hard to rectify after they've been made. If you are able to get the right financial planning advice then you will be in a much stronger position in all aspects of your delings. When planning to hire a financial advice ensure that you are making it with the right people and company.  Take advice from experienced planners and you will feel the results straight away. 

IMAGE: Main entrance - 25 The North Colonnade (Canary Wharf, London) - FSA building (2008) By Sson (Own work) [GFDL (http://www.gnu.org/copyleft/fdl.html), CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/) or FAL], via Wikimedia Commons