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Tips to Choose the Right Financial Advisors in Norwich

Looking for an experienced financial advisor? Here are four major questions that may help you select the right financial advisor.

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Tips to Choose the Right Financial Advisors in Norwich

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  1. Tips to Choose a Financial Advisor

  2. Not 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:

  3. How long have you been working in this field? You’re 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 company’s financial products. They don’t generally offer all-round planning advice. • A multi-tied financial advisor offers advice and sells more than one company’s financial products. • An independent financial advisor is completely independent from the companies whose products are available to be sold. This doesn’t mean that the advisor has access to all products on the market.

  6. How 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.

  7. Want 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

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