2 of 3

Write now Article Tools

Page 2 of 20

Advisers provide unbiased advice to their clients after analyzing the market and there isn't any involvement of third party. Non-Independent Advisers are corporate representatives. They may have a conflict of interest. They are tied to a single company. Muli-tied advisers represent more than one company.
A Financial Adviser should be well qualified and should have enough experience to ensure that he/she would take decisions in the favour of clients. Financial Services Authority (FSA) set up by the government evaluates the performance of Financial Advisers and ensures that their financial promotions are fair and just. It regulates the financial services and protects the rights of the customers. All Financial firms are authorized by FSA that regulates finances related to investments, mortgages and general or protection insurance.

Sesame is one of the British's largest provider of Independent Financial Advice. Barclays is UK's third largest bank by assets which has introduced new multi-tied advice service called Select Choice in which customer has the right to choose between financial investments based upon the Adviser's recommendation.
Following are other main financial service providers in U.K;
q McCrea Financial Services Ltd
q Charles & Fitch Ltd. (Independent Financial adviser).
q Hargreaves Lansdown
q Chartwell
q Bestinvest
q Unitas
q Torquil Clark
q Church Hill Finance
q Equity Invest Ltd.
q Ethical Investment
q The Ethical Investment Co-operative
q Ethical Investments
q GAEIA Partnership
q Insight Investment Management Limited
q Social Investment Advisers
q Rathbone Greenbank Investments
q Smith Weale Associates
q Blacktower Financial Advisers Limited
q Fulford Independent Financial and Mortgage Advisers
q Handscombes.com
Advice can be given in different forms; face to face, written (newsletters and advertisements), e-mail, audio and Internet. Some advisers, called portfolio managers, are authorized to make optional trades on behalf of their customers.
In the words of Jay Sanders who is a financial planner in Manhattan;
"The annual checkup would be one in which you'd be comparing your goals against your cash flow and adjusting. It keeps everyone focused."
Financial advisers are rewarded by commission payments or fee when they reach the target that has been set for them. Relationship between the customer and the adviser is based upon trust, as customer has expectations for best decisions to be provided by the adviser. If the adviser gives best advice risking their jobs and not

• << previous page
• 1
• 2
• 3
• ...
• 20
• next page >>

Add your voice

Know something about Assessing the ethics of rewarding financial advisors?
We want to hear your view. Write now!