Expat financial advice from the experts

How Experienced Is your Financial Adviser?

expert financial adviser

How to find an Expert Financial Adviser?

Easier access to pension pots, challenging housing market and other economic variables are combining to persuade many individuals to opt for an expat living in the sun. Unfortunately, the overseas financial industry is not always as tightly regulated as the UK or Europe counterpart. Meaning many expats can end up paying far more than they need for sub-standard advice. Furthermore, if you’re currently looking for an expert financial adviser on international money matters take a look at three key characteristics of an expert financial adviser organization.

  • Is your Financial Adviser Regulated?

In order to legally dispense financial advice, financial advisory firms need to comply with a Financial Conduct Authority’s stringent rules and regulations. Not to mention, compliance is indicated by inclusion on the Financial Services Register – a searchable database which can be freely accessed online.

You can be confident that if a company (or its parent group) is on the Register, then it’s one you want to be doing business with. Moreover, you should be looking for your financial adviser to have accredited qualifications from any of these eight accredited bodies:

  • The CFA Society of the UK.
  • The Chartered Insurance Institute.
  • The Institute of Financial Planning.
  • The Chartered Institute for Securities and Investment.
  • The Chartered Institute of Bankers in Scotland.
  • The ifs School of Finance.

Call a Trustworthy Financial Advice at Harrison Brook today for regulated advice.

  • Harrison Brook follows a Transparent Fee-Based Model

In addition, a reputable company will make it clear what upfront costs you will be paying and when. Obviously, there should be no hidden administration fees, commission or other extras. In the light of available evidence, some unlucky customers end up losing nearly all their savings to unscrupulous foreign advisers. If you’re not sure whether fees are reasonable, try comparing them with other providers. Find out more about Harrison Brook transparent costs.

  • Due Diligence

With this in mind, try ringing their number and see if you get the type of response you would expect from a professional financial adviser. Why not do a quick online search using the company’s name and see what results you get? Warning signs to look for are:

  • Poorly constructed website with broken links,
  • Lack of clarity on the company’s roots
  • Minimal detail of its current activities.

Harrison Brook commits to provide expert, affordable information. It enables expats to make the most of their money, wherever they’re located. By following the straight-forward pointers given above, it’s possible to maximize the chances of finding a trustworthy advice that gives valuable, helpful financial counsel. Take the first step today with Harrison Brook.

Here at Harrison Brook, we are committed to building long-term sustainable relationships with our clients built on regulation and transparency of fees. Get started today and speak to a Harrison Brook expert financial adviser.

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