Over the past few years, the financial management business has taken a few knocks mainly because of problems in the market that brought unexpected decreases in portfolios and partly from a few financial products that obtained unwanted criticism because the operating costs reflected badly on the customer.

The arguments can be taken either way but if the value of the investments is just to keep pace with inflation and perhaps provide a small increase then careful financial planning is required now more than ever and should be sought.

The trick is to find a financial business planner in London who can be trusted implicitly and who will work for his client. The business revolves around trust but unfortunately, trust is not something that is easily forthcoming and takes a little while to establish.

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A financial manager should be picked so that it is certain he is representing the client as in many cases the position is such that the control reverts back to the bank or finance company that he is employed by. In this case, there is a natural pressure for the products sold to be such that they give the highest return to the seller, not the purchaser. The laws are in place to stop this but they are both unwieldy and unworkable in many cases, it really does come down to trust.

Pick the financial advisor who takes time to show the product warts and all and examine the reasons for recommending the product concerned, a short-term gain can give a long-term loss.

Take time to consider what is really required, it is not a case of taking today’s special offer, build for the future. Demand to know fully the actual record of the investment that is being considered and any details that may affect the future of the funds and insist on knowing the full costs over the full term of the investment.