5 Benefits Of Using A Financial Adviser for Investments
Understanding the vast amounts of investment products available can be a time consuming and complex task, which many of us simply do not have the time or inclination to undertake. Without this understanding it will be difficult to select the best option for your individual objectives.
This is where the service of a Financial Adviser can prove invaluable. Here are 5 benefits to employing a financial adviser to manage you investment portfolio.
Personalised Advice
A financial adviser will meet with you to discuss what you want investment goals are; this could range from wanting to generate a retirement income or having money put aside to help with children or grandchildren’s education costs. They will also discuss with you your attitude to risk and based on this they will be able to design a custom investment portfolio which can minimise your tax burden and be in line with your circumstances.
Translating the Jargon
The finance industry is renowned for its use of over complicated terminology that those outside of the finance industry struggle to navigate. Misunderstanding the terms or description of a certain product could have an impact on the result of your decision; for example you may lose out on the best rates available. A financial adviser however will be able to translate the jargon and explain it to you in a way that makes sense and that relates to you and your situation.
Continued Guidance
As our lives change, from new additions to the family through to retirement, so do our investment requirements. A financial adviser will be able to ensure that any life changes are reflected in your portfolio. At KDW we recommend our clients have a review with us every six months so that we can successfully continue to meet your evolving needs.
Making Informed Decisions
There are a vast amount of investment products available and it can require consuming a considerable amount of information to understand what each product is offering you. An adviser will already understand the differences between the available products and will be able to guide you in making an informed decision.
Understanding Risk
When many of us think of investing we focus on the gains we hope to achieve and not the potential downside. With an adviser you will be able to discuss your attitude to risk and create a balanced portfolio by diversifying across asset classes, providers and products. Your attitude to risk may change over time and this is something you can discuss with your adviser at a review meeting.
The creation and maintenance of an investment strategy is essential to securing your financial future. We can provide you with independent investment advice, whether you are looking to invest for income or future savings, to achieve your financial goal. To find out more about creating an investment strategy, please do not hesitate to contact us on:
Tel: 01727 85 22 99
Email: mail@kdw.co.uk
INFORMATION IS BASED ON OUR CURRENT UNDERSTANDING OF TAXATION LEGISLATION AND REGULATIONS. ANY LEVELS AND BASES OF, AND RELIEFS FROM, TAXATION ARE SUBJECT TO CHANGE.
THE VALUE OF INVESTMENTS AND INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.
PAST PERFORMANCE IS NOT A RELIABLE INDICATOR OF FUTURE PERFORMANCE.