Anyone can call themselves a financial planner .there are many advisor is available for them with same type of degree and professional experience that doesn’t mean everyone can give you best advice.
There are some points you need to consider while choosing financial planner. You can get assistance from many planners for financial term in London .
Having credential is an important aspect while looking for a financial planner, such as personal financial specialist (PFS) and certified financial planner (CFS), confirms that the professional you are choosing to work with holds suitable professional degree and experience as financial planner.
Most of the financial planner is specialize to serve only certain point of client with specific profile or role.
They do not serve all type of clients .Personal planner can build up expertise and adjust services to serve only the people and families who are in a certain profession, or at certain stages of life with certain financial goals and net worth
The cost structure
The cost structure is crucial in whose interests it serves best – client or themselves. Costs only a professional course fees for their advice while fee-based professional not only charge but also earn commissions, referral fees and other financial incentives on the products and solutions they recommend for you
Once you've selected a few of qualified financial planners and shows in your area, consult the people who offer a free initial consultation first. During the initial consultation, assessing the availability of planners and other professional attributes you look for in your financial planner.