Having kids, moving house, or dealing with inheritance issues can put a huge strain on your usual financial pattern and it can be valuable hearing from somebody who understands these changes and will help you develop a strategy for accommodating them.
More generally, a financial advisor will listen to your goals and discuss affordable ways in which they can be achieved. Some goals, such as planning or a wedding or hoping to open a small business, can be foolhardy if undertaken without proper preparation. Making large purchases, dealing with children’s education fees, or managing debt and Christmas spending are all things which may benefit from a steer in an informed direction.
Long-term investments are complex products which come with risks and rewards - and if you’re needing to make changes to your pension, such as creating a personal account or merging existing ones, it can be a relief to have some of this burden taken off your hands.
Pursuing safe share investments is a priority for many, but without the proper advice and research you’re at risk of mis-selecting. If losing money would be disastrous, a financial advisor can help alleviate this fear by educating you about stable options suitable to your circumstances.