Saturday's Telegraph Your Money article was excellent. They focussed on the achievement of the nine regional winners of the New Model Adviser of the Year award.
All nine winners shared some positive characteristics, which might help consumers dtermine whether their IFA is the right one for them:
Genuinely fee based - and so more likely to provide unbiased advice. These advisers all had clear charging structures.
Highly qualified - all were either run by or employed IFAs who have qualified as either certified financial planners (CFP) or chartered financial planners. These are the two highest qualifications IFAs can attain. Don't confuse CFP with the certificate in financial planning, which is the most basic qualification all IFAs must have.
Satisfied customers - all the winners regularly survey their customers to see if they are satisfied. Not only were the results good, the fact they conduct the surveys showed these were well-run firms.
I'm delighted that we at Jane Smith Financial Planning can also offer these same characteristics!!!
