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5 frequently asked questions our Financial Consultants receive

Financial ConsultantFinancial advice can often be overwhelming. With so many products, investments and options available, input from a Financial Consultant can provide comfort in knowing your finances are being handled by an expert.

But how do you know an adviser truly knows what they’re talking about and can provide the best financial advice specifically for you and your circumstances?

Trust plays a key part in you seeking financial advice, as you share and discuss your personal finances. Equally, an adviser needs to trust that you have provided them with all the information they need to do their job effectively, so they can provide you with the best possible advice.

One of the best ways to build trust is to ask lots of questions. Below we’ve outlined the most frequently asked questions our advisers receive when first meeting with a new client.

1) What qualifications do you hold?

All our financial consultants hold professional qualifications. We have advisers who have either completed – or are on the journey to achieving – chartered status.

In order to always provide the best advice, it is important our advisers remain up to date with the latest market and fund developments. Therefore, in addition to studying for exams and professional qualifications, our advisers complete regular professional reaccreditations.

2) How does financial advice work?

For financial advice to be truly valuable to you, it must be based on an appreciation for your individual circumstances and needs. We advise on many aspects of wealth management, helping individuals of widely differing financial resources or life stages.

We provide tailored solutions to our clients and offer advice on:

Whatever advice you require, we build long lasting, trusted relationships with our clients.

It is our mission statement to treat each client as our only client.  We do not impose ‘client criteria’. Whatever your circumstances, we would be delighted to help.

3) What do you charge and how much am I likely to pay?

This is an extremely important question, and one that will help you determine the quality of advice you receive.

At Cooper Associates Wealth Management our advisers’ time is free of charge and without obligation. We are always very happy to meet with a client to establish their financial goals. We will then often arrange a second meeting, where we present a bespoke solution for our client based only on their individual circumstances.

There are no charges for these initial meetings. Should you decide to go ahead with our recommendation, you will incur charges which will be outlined by your adviser before you are able to proceed. Transparency is integral to our relationship with you.

Our products and services have fees, and these will be made very clear to you at these meetings before any decision is made. Our advisers are committed to clearly explaining all charges which apply should you wish to proceed with an investment. Our motto is to treat every client as our only client, meaning we put you at the forefront of all we do.

4) How can I monitor my investments?

All clients receive access to an online portal whereby they can monitor the performance of their investments. This will not detract from the service you receive from your adviser, who will also play a key part in feeding back the success of any advice you have received, or action you have taken. Our approach is proactive, not reactive.

5) Do you have any clients who are in a similar position to me?

We are naturally curious as to whether a company has existing clients in a similar situation to ourselves. This provides reassurance that the adviser has a track record of helping others in a similar situation, providing you with confidence that your Financial Consultant is fully equipped to handle your individual case.

Our advisers have a wealth of knowledge and experience in financial advice, so there is a very high chance we have worked with clients in a similar situation. However, our experience has also taught us that no two clients are the same and we therefore ensure that we understand your personal or business objectives to deliver solutions that are right for you.

How we can help

We encourage you to ask as many questions as you need, confident that we have the knowledge to build that trust, and form a strong, effective and successful working relationship.

At Cooper Associates Wealth Management we do not provide off the shelf solutions. Instead we offer the benefit of a personal relationship for all your financial planning needs. We strive to offer the very best service to develop a long-term relationship with you. We believe in complete transparency and that is why we have built so many trusted relationships.

Our primary aim, in offering excellent service, is to fully understand your financial situation and personal circumstances, in order to provide you with the best financial planning solutions. In order to allow us to tailor advice to your specific needs, we encourage you to ask lots of questions. If we don’t think we are in a position to assist you, we will advise you accordingly.

If financial advice is something you are considering and wish to explore further, then do not hesitate to give us a call. We can arrange a free, no-obligation consultation at a time convenient for you. Simply call 01823 273130. Alternatively, you can complete an enquiry form and we will get back to you as soon as possible.

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