About us
Independent Advice
Exclusive Asset Management believes that the best way to provide our clients with professional, unbiased advice is to be an Independent Financial Adviser. We are members of IFA promotion who work to promote the benefits of independent financial advice. Click here to contact us now.
Types of Adviser
In 2005 the choice of the type of financial adviser available was increased to three:
Independent Financial Advisers (IFAs) Independent Financial Advisers (IFAs) offer unbiased financial advice to their clients and recommend the most suitable products, if any, after researching the whole market. The key difference is that they act on your behalf and will offer you the option of paying by a fee, as well as the option of paying by commission.
Tied Agents Tied Agents can only advise on the products of one provider.
Multi-tied Agents Multi-tied Agents are financial advisers allowed to recommend the products of a limited selection of providers, rather than just one.
The benefits of Independent Financial Advice
The big advantage of independent financial advice is that you have access to all the products on the market through a qualified adviser. An IFA has the responsibility to research and recommend the most appropriate financial solutions after asking their clients a whole range of detailed questions about their circumstances, their financial goals and their attitudes to risk. IFAs are answerable to the Financial Services Authority (FSA) to ensure that they keep to the rules. As they act on your behalf they provide personalised written reasons why they have recommended particular products or a course of action.
(Source: IFA Promotion Limited)
For further information on independent financial advice go to: www.unbiased.co.uk
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