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Finding a financial advisor in the North West
trumpetjim
Posts: 15 Forumite
Hello folks,
While I’m normally eager to research and look after my own finances where possible me and my partner have built up quite a list of questions that may never get fully attacked. We are now expecting our first child and would love to get ahead of the game with sorting out our finances. Can anyone recommend a good financial advisor or a good website which can lead us to them. Would need a wide spread of knowledge rather than just being a specialist.
Any help or advise would be great.
Best wishes
Jim
While I’m normally eager to research and look after my own finances where possible me and my partner have built up quite a list of questions that may never get fully attacked. We are now expecting our first child and would love to get ahead of the game with sorting out our finances. Can anyone recommend a good financial advisor or a good website which can lead us to them. Would need a wide spread of knowledge rather than just being a specialist.
Any help or advise would be great.
Best wishes
Jim
0
Comments
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I think it would be against site rules to recommend any individual advisor. Standard advice is to make sure that the person is an IFA (INDEPENDENT Financial Advisor) and there is a web site listing these across the country. However, the work of an IFA mainly concerns pensions and investments rather than day-to-day budgeting. You might be able to see a money advisor at your local Citizens' Advice Bureau, particularly if your finances include debt. Be prepared to make an appointment well in advance for this, but at least you don't have anything to pay.
Of course, if you care to post your questions on this forum you will get a range of opinions in response, some of which are likely to be helpful.0 -
Like voyager2002 said, you're better off posing the questions here and getting some feedback about where to go. An IFA won't be cheap and some of the things you may have questions about may fall outside their remit.
How much are you prepared to spend to get answers your questions?0 -
You should also be aware that normally nowadays an IFA would not be interested unless you had at least £50K in investable funds and probably more like £100K .
An IFA is a specialist by nature ( some more than others ) and they have to have professional qualifications in pensions, investments , financial law etc.
They are not suitable for a general family finance/budget review .
You would be better off looking on this website or one of the government websites like Money advice service .0
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