It depends on how comfortable you are doing it yourself. If you are familiar with the basic concept of asset allocation and you’re comfortable choosing investment companies London you shouldn’t have any trouble building a low-cost diversified portfolio on your own, says Robert Stammers, director of investor education. When people think of their money and how it is managed, they often zoom in on one metric how well their investments performed compared to the broader market. But a new survey reveals that another big factor determines whether someone is satisfied with his or her investment firm: the financial advisor.
Best way to find financial advisor
Start by asking friends and family for referrals says Minneapolis based certified financial advisor London are particular recommendations from people whose financial needs, outlook or stage of life is similar to yours. Before contacting planners, look them up online and on Linked to get a sense of what each firm is like. Something as simple as the photos on their homepages can indicate which ones are targeting your demographic. Financial planning focuses on all aspects of your financial life such as how much to save, and what type of insurance you need - it is not just about the investments.