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Independent Financial Advisers (IFAs) Questions Answered

What is the role of IFA?  Independent Financial Advisers should provide independent financial advice on your pensions savings, investments and equity release on your property if you need some cash later in life. The is an argument that everyone needs an IPA. They can become your personal 'go to' stockbroker and general financial fixer. That is why I would suggest they you find one in or around Scarborough or at least within North Yorkshire. I would not recommend one miles away or never answered the phone. Another good way is personal recommendation. Ask a friend. Your IFA will be an important person in your life. You need to get them right!

How do IFA make money?
Some IFAs are on commission and others charge. Many people believe that if they are to be truly 'independent' they should not have a financial relationship with the funds that they recommend their clients to invest - as their advice will be biased in favour of the funds which pay them the best commission. The way to avoid this is to ask them and then pay them a fee for their financial advice. 

How do I find an IFA? Have a look below at the list of IFAs around Scarborough. They are reviewed. Personally I would create a shortlist and simply visit them personally. There is nothing like knowing your IFA. That is the advantage of having a local one

 

Investing for beginners


This is a serious video about investing in the stock market. Crucially you will end up with realistic expectations.

My father was a stockbroker. The only thing that ever annoyed him were banks. Currently their 'interest rates don't even cover inflation! Personally I have got very keen on 'tracker funds' which simply track the stock market and are very cheap and usually perform as well or better than investment managers or stockbrokers - who are seldom cheap! You will often end up with a London or large city based firm rather than one around Scarborough let alone Almar Guest House ! However this does not matter. I have seldom met my stockbrokers. This said have a look below for financial advisers and stockbrokers that we have found with North Yorkshire.

Good luck! 

Independent Financial Advisers IFAs

Think IFA Ltd - Scarborough - Independent Financial Advice

Woodend Creative Centre, Scarborough YO11 2PW, UK – 01723 447151

Moneyweb Ltd

Betton Business Park, Racecourse Rd, East Ayton, Scarborough YO13 9HD, UK – 01723 378234

Hindle Poulton Limited

Suite 203, Woodend, The Crescent, Scarborough, North Yorkshire, YO11 2PW, Scarborough YO11 1XS, UK – 01723 384553

We could not find any Stockbrokers and investment specialists around your location. Please click below to see full results from Google.

Investment Companies - Business Angels

Property Insight

49 Queen St, Scarborough YO11 1HQ, UK – 01723 353255

Air Products

A64, Scarborough YO11 3YQ, UK – 0800 511 8759

T.M.F.

Sandside, Scarborough YO11 1SN, UK