Why Choose A Chartered Financial Planner?

There may be certain landmark events in your life where it would be advisable to obtain professional financial advice. Alternatively, it could be for more general reasons, such as having a large amount of savings in cash. In such circumstances, a chartered financial planner can help you make the correct choices but there are some important things to consider, as we have outlined below.

What is a chartered financial planner?

A chartered financial planner is someone with considerable academic qualification and market knowledge that backs up their advice and guidance. Chartered financial planner status is the gold standard for financial advisers. It is a qualification for professional financial planners and advisers who are awarded by the Chartered Insurance Institute (CII) and are regulated by them. Having achieved this means they go above and beyond the minimum standards required to act as a financial adviser.

Only a select number of financial advisers or financial planners in the UK have achieved charter financial planner status.

Why choose a chartered financial planner?

A chartered financial planner is committed to professionalism, which means that they must maintain standards of excellence in qualifications, ethics, and business practices. A chartered financial planner would have successfully passed through several CII Diplomas and CII Advanced Diploma examinations in many areas, including:

All areas you are likely to need a chartered financial planner for.

What are the benefits of having a chartered financial planner?

As previously stated, to become a chartered financial planner you have to successfully pass through several CII diplomas. This means chartered financial planners adhere to ethical and best practice codes, following an industry Code of Ethics which is enforced through disciplinary sanctions. This means clients can, therefore, rest assured knowing that their best interests are at the heart of everything they do.

Chartered financial planners also regularly undertake intensive programmes of regularly consolidating and updating their knowledge. This shows commitment to continuous professional development and how best to provide financial advice to clients.

Having someone to help you plan financially, build your assets and assist you in making the most of your investments, will help ensure a secure long-term future for you and your family.

Also, once your short-term savings are covered, it allows you to start thinking about the long term and a retirement fund as the majority of people these days with inflation skyrocketing cannot rely on the state for more than the absolute basics. A chartered financial planner will analyse your financial position and goals before recommending the best financial planning strategies.

Why choose Nelsons?

At Nelsons, our expert Investment Management team works with several trusted partners who are respected fund research teams that provide an in-depth, qualitative analysis of the fund market. Our team also has a number of members who are qualified members of the CII.

We also have an investment committee that meets regularly to review and research our model portfolios. The committee reviews investments held within the portfolios to ensure they remain in keeping with our current thinking and any wider economic or political issues, whilst at the same time retaining the correct approach to investment risk.

It’s essential to update our knowledge regularly to provide the best financial advice to our clients.

Whatever your financial goals and aspirations, from simply having a nest egg to planning for early retirement, we will empower you to get there.