On this episode of the Money Confidence podcast, Sarah and Georgia first talk about what money means to Georgia but then it gets a bit deep so they decide to talk about how to find a financial adviser and what questions to ask them.

KEY TAKEAWAYS

Start now, perfect later.

Unbiased and VouchedFor are places you can find advisers.

Independent advisers can advise from the whole of the market whereas tied advisers can only recommend certain products or product providers.

Not every adviser is on VouchedFor or Unbiased. The adviser or firm has to pay to use that service.

Some advisers offer a free initial meeting or phone call which is good to see if you feel comfortable with that adviser.

You should ask your adviser as many questions as you need to, to understand what they are offering and understand the jargon.

You should ask your adviser about fees and charges and how often they are paid. If there is an ongoing adviser charge you should clarify what that includes.

Ensure you are classed as a retail client as it means that you are fully protected by the FCA, the FOS and the FSCS.

Check the FCA number of the firm on the FCA register.

BEST MOMENTS

'We were going to have a guest but now things have changed.'

'It's all about confidence baby.'

I think that things happen for a reason, even though at the time it might feel rubbish. Remember I was having an emotional breakdown, Georgia. But now it's all become clearer and I do think it all happens for a reason.'

'It's OK if things aren't perfect, just keep going. Progress over perfection. If you want an example, look at us two. Just get started.'

'I'm going to ask Georgia some questions on money. We're not going to get too deep. We'll see what happens.'

'What does money mean to you?'

'On VouchedFor the reviews are independently verified.'

'Chartered Financial Advisers need at least 5 years experience in the financial services industry.'

'Financial advisers can either be independent or they can be tied.'

'The initial adviser fee can either be taken directly via invoice or taken from the product.'

ABOUT THE HOSTS

Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!

The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.

CONTACT METHOD

E: [email protected]

IG: https://www.instagram.com/sarah_talks_money/ 

LI: https://www.linkedin.com/in/sarah-blyth-chartered-financial-planner-and-coach/ 

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