(prHWY.com) July 12, 2012 - Dallas, TX -- Financial advice is available in plentiful but finding independent financial advisors is a challenging task. Most financial advisors are interested in selling products rather than giving an all round investment advice, so how does one find a good independent financial advisor?
Alec Maclaren says "the most important aspect of financial planning is being prepared for the unexpected as well as the expected." On a basic level we are all expected to retire, so we must plan for that, if we have children we must plan for them areas such as school fees for example.
Financial Experts say "Independent financial advisors working for banks and building societies may not be able to give you much investment advice since they are hired to sell products and cater mostly to high net worth clients. Therefore the best and most common way to find a good independent financial advisor is through personal recommendation or online advisors with good credibility."
Adding to the statement expert say "there are two types of independent financial advisors; commission based advisors and fee based advisors. Choose an Independent Financial Advisor is a difficult task." It is always good to visit at least 4 advisors before the final decision. A good advisor should be able to give at least half an hour to one hour free consultation.
Alec Maclaren explains that Independent Financial Advisor is important to make the most of your money and you can do this by taking advantage of the various different financial products which are available. You must make sure you provide them with a full picture of your finances including any debts, pensions, savings, mortgages, insurance and investments. Short term and long term goals are important as they will impact on which investments and financial products the independent financial advisor will recommend.
Alec Maclaren now offers Independent Financial Advice. Well with a good financial plan linked to your specific needs a financial advisor will be able to show you how to prosper even in such an environment. You will still be able to achieve most goals. It will be possible for you to invest for long term growth for your retirement using equities in areas with higher GDP growth.
About Alec Maclaren
Alec Maclaren has over 20 years experience as both a UK based IFA and an offshore financial adviser. He started in London in 1992 after leaving HM forces; over the years as an offshore IFA he experienced both good times and bad in regard equity markets and asset management. The world has suffered quite a number of financial meltdowns from the net bubble at the start of the decade, to the liquidity and debt crisis which is still ongoing.
For more information: -
http://alecmaclaren.blogspot.co.uk/
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