How to Select the Right Financial Advisor

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by Kathryn Dawson

 Searching for the right financial advisor can be quite a time consuming and an onerous task but it is really worth spending the time at the outset to find the best financial advisor for you. In general, people just don't have the time to sit at their computer and plan for the future all day, so this job is sometimes better left to be handled by someone else who is an expert in the field. They will generally be highly qualified, experienced and will spend their days keeping up to date, for example, with the latest views on investment management and the most recent legislation made by the government - which, in turn, could affect your tax planning, pension and other aspects about planning for your financial future.

When searching for the right person to help with your finances, a great place to start is to start by asking for recommendations from friends and family. Asking a friend or family member who plans their finances could be a great way to meet a quality individual to help you with your independent financial planning. A work colleague or relative may already know a great chartered financial planner - and perhaps might have had many years of being advised about their investment management and long term financial plans by a specialist. Ask them about the strengths and weaknesses of their recommendation. Are they specialists in the full range of services that you need? The home counties have some great advisors that can be used for their services, so there might be no need to look for a top advisor in a nearby, big city.

After getting some referrals from friends or family, it's time to put a shortlist of candidates together for research purposes. For your choice in financial advisor to be a positive one, all the objectives and capabilities of both parties need to be laid out and explained up front. It is always a shame when a working relationship looks like it is going to work out and then some misunderstanding happens a few months down the road. All disagreements should be taken care of right away so no one's time is wasted and everyone can be working towards a productive relationship. During the interview period, it is also important to be clear about your personal objectives, which will then be incorporated into your financial plans. Do talk to your financial planner about your short term and long term goals. A good advisor will then discuss in what areas they can help you. Although someone else is being hired to help you with your financial planning, your input should still be factored into the equation. The first meeting will also be beneficial to the planner because they will be able to see if they are a suitable fit for the job.

There are a lot of different questions that can be asked during the research process, and many of them will be beneficial to both the financial advisor and the person seeking advice, not just one of the two parties. If you are asking the questions, you should first seek some information about the general background and credentials of the prospective financial planner. Such as do they provide independent financial planning, their qualifications, their fee structure and are they a chartered financial planner? Home Counties will be able to offer you some great options to choose from, but it may not be a bad idea to check out the financial specialists in other local areas. Location is key for some people, so if you like to be close to the people you work with, you will need to factor that into your decision making process. After reviewing the qualities and abilities of the financial planner, the last thing to talk about is cost and fees. Try and get an estimate from each planner so that you are clear upfront about what the charges will be. Compare them and ensure that you are getting good value and the cost of your investments is not going to be excessive. As long as the research is done beforehand and all of the prospective advisors are thoroughly checked out, it is likely that the right decision will end up being made.



Kathryn Dawson writes articles for Tower Hill Associates, an impartial and independent chartered financial planner home counties that helps to plan for your future so you can live your dreams. Tower Hill Associates is a financial advisor that provides truly unbiased advice, which will start by reviewing your existing situation to assess and identify any strengths or weaknesses. Their independent financial planning ensures are tailored personally to you and your circumstances.

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We try to share with you this blog, tips, information knowledge, and experiences related to global tuirism. We have also frequently linked to some unbeatable price comparison services within the tourist industry where you can easily compare and book your next trip and accommodation.

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Featured Online Travel Booking Services - All inclusive travel planning

If you are really tight on the budget, booking an all-inclusive holiday package can save you a big chunk of money. Because these all-inclusive package holiday companies have close ties with hotels & popular tourist spots in the country, they can get a better rate than you can! Hence, normally, the discounts & savings will be passed on to you - the all-inclusive holiday customers, tourists & visitors!

Ever tried to cram all your travel plans into one small budget & short schedule? If you have, you will know the true meaning of a frugal & haphazard holiday. Some people think that all-inclusive holiday packages leave very little space for them to have fun & there is no flexibility. But they're wrong.
You can save money with an all-inclusive holiday package

All-inclusive vacations are hassle-free

Planning a holiday can give you headaches! When you book an all-inclusive holiday package, you are actually giving yourself the chance to enjoy the holiday without having to worry about the nitty-gritty details. Your accommodation, food, entertainment & travelling are all taken care of. The only thing that you & your relatives members have to worry about is how much fun you are going to have during the holiday. Some tourists & vacationers like to get an all-inclusive holiday package because there is lack of time. Some people have to contend with last minute plans. The all-inclusive holiday packages can be real life savers in this instance. Even honeymooners love all-inclusive packages because they don't require to have to worry about meals, entertainment, activities, transportation & accommodation when they should be focused on each other!

Mealtime fun with all-inclusive holiday packages

One of the most worrisome things for tourists is WHERE to eat. Because they're not familiar with the country & the booklets that they can get from airports are not very accurate (most of the time), meal times are worrying. When we are visiting another country, they require to try another delicacy, something old..and cheap. Who better to tell you where to find it than an all-inclusive holiday planner? they have all the ropes, hang on to them & enjoy the meal!

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Besides all of that, with all-inclusive holiday packages, you don't have to worry about where to have fun because they plan everything for you. All-inclusive holiday packages are definitely worth it!


Cheap Airline Tickets: Great Ways To Save

A round-the-world trip remains the world's greatest journey. For two out of every three people, this is the ultimate travel experience, according to recent research. Needless to say, in a world obsessed by travel, travelers and travel agents are both looking for the cheapest tickets and airfares available.

Cheap airline tickets, in most cases, can be obtained from wholesale dealers and discounters.

If your requirements are simple - you want a round-trip ticket from one place to another, you have a particular airline on your mind and you have definite dates; then you can go directly to the source - to the ticket discount agency which buys cheap tickets in bulk from wholesalers and consolidators.

In real life most trips require more planning, and most people need a help from the agent to figure out what would be the best air ticket solution for their particular case. Cheap airfares to a particular region can often be found with local airlines that specialize in that country. Sometimes an agency that operates and retails tours to a particular country will have a discount agreement with the national carrier and will sell discount tickets on that airline.

With a bit of research through travel magazines aimed at the particular country of your choice, you can often find agencies dealing with national carriers for that country. For the cheapest possible airfare to many places the most affordable prices are often found in local travel agencies that deal with a particular destination selling round-trip discount airline flights - most likely to the capital of that country and a few main cities.

Sometimes you can find a really cheap air ticket with a discount retail agency that specializes in trips to a wider range of destinations or to multiple destinations. Through the sheer number of tickets that they sell they can command a reasonable discount. However, keep in mind that most advertised prices do not include taxes, luggage fee and airport tax, so the cheap airfare may end up being not so cheap. Best to read the small print to clarify exactly what you are getting before you purchase a ticket.

Another trick of the trade is for agencies to grab attention by indicating the lowest possible prices, which only apply on specific dates in low season. You’ll find that all agencies do this, even the most expensive ones so, don’t be surprised if you get a quote at double the price from what was displayed in the ad.

Airlines usually publish their scheduled flights and prices six months in advance. If you have decided on a destination it can be a good opportunity to get an ‘early bird’ discount by booking well in advance. Keep your eye on the travel press and also airline web-sites. There are often special discounts and incentives aimed at travelers who book online, as carrying out a booking online is cheaper for the company than through an intermediary who will take a commission.

However, although you can expect to get the cheapest air ticket if you start searching many months ahead, there are some exceptions. At times like Christmas or other periods of high demand the prices are usually inflated and planes fill up many months in advance. If you can be flexible and travel on actual holiday days such as Christmas day or New Years Eve you can find some pretty attractive discounts.


Pick A Hotel With Personality!

What does individuality mean in the hotel industry? As far as boutiques are concerned, it’s not just about being a little bit quirky; hanging modern art on the walls, sticking some designer chairs in the rooms or making all the fittings stainless steel. It’s about a design theme that runs through the hotel from start to finish and affects everything from the cushions on the sofas to the dessert menu in the restaurant.

Location

Where does the inspiration for this individuality and personality come from? For some hoteliers, it comes from the location. It’s unsurprising that boutique beach hotels are clean and simple, bringing the colours and textures of the coast into the building and using architectural design to allow guests to feel at one with the sea; large windows, folding doors and seawater pools for example. In contrast, small hotels that are based in cities often reflect either the present-day energy or the historic past of their location. Through the use of rich colours or minimal materials, antique furniture, period art and a variety of textiles, designers can create a hotel that truly reflects its location.

Culture

Many hotels show influences from different cultures – and not always from the culture that’s readily associated with the hotel’s location. Therefore, New England simplicity or Asian colours and textures can show up in hotels in London or Sydney and work well, as long as the concept is properly thought through and sensitively carried out. Extending a cultural theme to rooms and cuisine often requires a lot of research, particularly when it comes to sourcing the right furniture and accessories, but if the end result is a truly individual hotel, then the preparation is worthwhile.

Community

A true boutique hotel becomes an intrinsic part of the local community, and this is part of its individuality. Chain hotels are just places to stay; boutique hotels are places to be – whether it is locals using the restaurant or trendy city workers drinking in the bar; using the produce from the farm down the road or sharing spa facilities with a local retreat, boutique hotels make a real effort to integrate into their local community rather than being set apart from it.



Sincerely

Roger K. Olsson