French Financial advisers

French Financial advisers have the obligation to join a CIF association approved by the Autorité des marchés financiers. All financial advisers must also meet the following conditions: - They must have a habitual residence in France; - They need to respect the condition of age and reputation; - They must have professional liability insurance.

Looking for a Financial Advisor? What criterias matter to make a decision?

You are looking for a Financial Advisor and you do not know what criteria you need to make a decision? You can use our ranking which will allow you to obtain unbiased information.

There are different types of financial advisers

There are different types of financial advisers. In France for example, financial advisers from "La Poste" can have far lower qualifications than advisers from some of the largest French banks such as BNP or Societe Generale. Most of the "La Poste" financial advisors hold two years degrees specialized in Banking industry while most if not all financial advisors from companies such as BNP Banque Privee hold 5 years degrees qualifications.

One of the main goals that any serious financial adviser should have

One of the main goals that any serious financial advisor should have? Finding the most relevant solutions while building a relationship of trust over time with the clients. This may sound obvious but all financial advisors do not share these goals.

The Association of Professional Financial Advisers

Today, let's focus on The Association of Professional Financial Advisers. This association is a trade association made up of financial advisers and is located in the United Kingdom. It is currently chaired by Lord Deben. The Association of Professional Financial Advisers specializes in the financial services sector. It represents the collective interests of its membership. The association campaigns in the interest of the financial adviser community and lobbies regulators and the government both at a national and a European level.

Becoming a financial advisor is not an easy thing to do.

Becoming a financial advisor is not an easy thing to do. The profession is versatile by nature and a financial advisor needs to be multi-tasks from day one. One of the responsibilities of a financial adviser is to accurately assess the situation of his interlocutor and to offer him, where appropriate, the investment opportunity that fits him/her the most. Often, financial advisors work in team, so you also need to be a team player. It is also interesting to check the definition of the job: "A financial adviser is a professional who suggests and renders financial services to clients based on their financial situation. In many countries financial advisers have to complete specific training and hold a license to provide advice. In the United States for example a financial adviser carries a Series 65 or 66 license and according to the U.S. Financial Industry Regulatory Authority (FINRA), license designations and compliance issues must be reported for public view."

Saving and investing seem easy for many of us

Saving and investing seem easy for many of us. However, according to numerous surveys, many potential investors lack the basic financial knowledge necessary to start the process. Many people do not even understand that it is simply impossible to obtain high returns while avoiding taking any risks.

How much does a financial adviser cost?

How much does a financial adviser cost? Their interventions may be remunerated in the form of fees, the terms of which are specified by a letter of engagement previously accepted by the client, or by remuneration related to investments summarizes the National Chamber of Wealth Management Advice (CNCGP). The economic model is still mainly based on commissions but some firms (such as Anh Thomas Investment), especially new ones, have moved to a 100% performance-fee system.