What Does a Financial Advisor Do?

Financial advisors are something that only rich people need to employ, right? Actually, nothing could be further from the truth. These highly qualified professionals play a crucial role in determining the wealth of everyone, guiding you in the right way to approach your financial health depending on your income, money goals, and lifestyle.

It doesn’t matter what your personal wealth is or your current situation, everyone can benefit from the expert guidance that ensures every dollar earned and saved is working as hard as it can.

Read on to discover why a financial advisor is a wise choice, no matter where you are on the journey of life, the amount you earn, or the level of wealth you’ve already amassed.

The Role of the Financial Advisor

• From money management to investments
• The two types of financial advisors

From money management to investments

Financial advisors are highly qualified individuals who have up-to-date knowledge of the financial marketplace. This allows them to recommend products that are appropriate to their clients’ needs. Depending on your circumstances and goals, these can come in many guises.

Such financial advice might include:

• Mortgages
• Stocks and shares
• Pensions
• Healthcare
• Savings
• Estate planning and succession
• Bonds
• Mutual funds
• Cash equivalents
• Commodities
• Real estate

The two types of financial advisors

Financial advisors not only have to gain a variety of professional industry qualifications but are also governed by strict industry rules and regulations. You might also see them go by the title of wealth manager or financial planner.

Some financial advisors are generalists, meaning they can advise on a wide range of products. Others specialize in a particular area.

Whichever they are, a financial advisor will fall into one of two categories: independent or restricted. The former can offer products from any area, the latter is restricted to a specified restricted number of providers. It’s the responsibility of the financial advisor to tell you which umbrella they fall under. However, this doesn’t mean that you shouldn’t ask. It’s your wealth, after all, and you need to be happy that you’re getting the right advice for your situation.

Why You Need a Financial Advisor

• Savings, mortgages, investments, and retirement

Savings, mortgages, investments, and retirement 

Quite simply, unless you’re highly experienced in all things financial, it’s likely that you don’t have the knowledge to maximize your wealth potential.

Many people think that this is all down to savings and investments. But in truth, partnering with a good financial advisor will ensure that your income is directed into the right streams to ensure stability throughout your working life and into your retirement. You may well be early into your career, more interested in climbing the corporate ladder and enjoying times with friends than worrying about your retirement. However, a little careful financial direction this early on could make all the difference as to how your latter years pan out.

As you wend your way through life’s journey, different priorities will appear. Buying a home, education opportunities for your future offspring, supporting a family, reaching retirement—all of these will be influenced by the financial choices that you make today. 

Taking sound financial advice at any stage of life is the key to ensuring your monetary wellbeing. And it’s never too early or late to start.

Millions Trust Capita with Their Financial Advice. Get in Touch Today to Maximize Your Wealth

It’s always the right time to take control of your finances. The expert financial advisors at Capita don’t just know about their trade, they’re also highly adept at helping you determine your financial goals at every stage of life.

Whether you’re just entering the world of work, are planning to purchase property, have money to invest, or want to ensure a comfortable retirement, we have experts to help you maximize every opportunity.

Don’t leave your financial status and future to chance. Head to 

https://www.capitafinancialnetwork.com/services to discover the wide range of Capita’s financial services and get in touch today to arrange your initial consultation.