There are multiple ways to classify Financial advisors

There are multiple ways to classify Financial advisors. But one of the most important aspects is independence. Most Independent financial advisors will have their clients interests as a priority. We would like it to be true for all advisors but unfortunately, this is not always the case.

Five Traits of Extroverted People that Influence Financial Planning and Investment Decisions

Forbes Five Traits of Extroverted People that Influence Financial Planning and Investment Decisions: Talkative Friendly Assertiveness Sociable Energetic You may disagree with the article. In our experience, we found out that you can influence without having some of these traits.

Article on timing the market - Financial Advisor and Financial planning

http://uk.businessinsider.com/financial-planner-investing-is-not-about-timing-the-market-2018-9 As a financial advisor, I see this all the time. I have clients come to me and say, "You know, I have this cash sitting in my savings account and I know how important it is to invest so I can take advantage of compound returns...but the market is going to crash soon, so I'm going to wait." This approach is called 'timing the market,' and it's one of the fundamental mistakes even experienced investors make that causes them to miss opportunities — or worse, lose money.

Best independent financial advisors

The companies displayed in our tables are not a ranking. Our goal is not to create a ranking of the best independent financial advisors but instead to show some of the best companies in the industry. Hence, you can be sure that all the companies present in our table are made of professionals with ethics and strong skills.

How is your financial advisor going to work with you?

How is your financial advisor going to work with you? • How often will he/she contact you or eventually meet you in person? • How often will he/she review your portfolio and investments? • How can you reach him/her if you need his/her advice? • Who will contact you? Will it be him or her directly or another employee of the company?

Global banking and finance

An excellent article from the website Global banking and finance about how to choose your financial advisor. Keep the following points in mind when selecting a financial advisor: Cost - Background including qualifications and experience - Terms and conditions https://www.globalbankingandfinance.com/how-to-choose-a-financial-advisor/

What is your financial advisor's investment philosophy?

What is your financial advisor's investment philosophy? Is he or she going to buy and keep relatively safe investment products that can offer gains over a longer period? Is he or she going to buy and sell investment products more frequently, perhaps even on a daily basis, in order to promote rapid growth of my capital? All these questions need to be asked before choosing your independent financial advisor.

Understanding how your advisor is paid

Understanding how your advisor is paid is of primary importance. • Does the compensation consist of salary, commissions, fees or a combination of these options? • Do they receive a sales charge or a commission each time they buy or sell an investment product on your behalf? • Do they charge a flat fee (per hour, annual, or calculated as a percentage of my assets) or do they charge you depending on your performance?

How is your advisor qualified to offer advice?

Among the numerous questions to ask you when selecting a financial advisor, think about the below ones: What are their qualifications? How are they qualified to offer advice or sell investment products? What qualification or diplomas do their hold? Also, keep in mind that the general rule is that anyone who sells securities or advises on investments must be registered with a securities regulator. There are however some exceptions to this rule, especially for advisors who are based in certain countries or advise on certain areas of the World.

Why you certainly need a financial advisor

Have you received an inheritance? Have you managed to save some money and do not know how to invest it? Well, you certainly need a financial advisor to help you.

Our focus is on purely independent financial advisors

There are many financial rankings available for financial advisors online. However, our is focusing on purely independent financial advisors. We also tried our best to pick advisors coming from different countries and covering different locations.

Questions you should ask yourself when looking for a financial adviser.

There are many questions that you should ask yourself when looking for a financial adviser. Among these questions are: How are you qualified to offer me advice? How long have you been advising? How long have you been working for this company? What type of products do you offer? Do you prefer a certain type of client or are you open to several types? Do you have other clients with a profile similar to mine? Who will contact me if needed and how will they do so?

There are many rankings of the best financial advisors

There are many rankings of the best financial advisors available on the internet. However, our goal is to highlight some of the best independent ones wherever they can be based and whatever the parts of the world their advises cover.