Accountants South London

1. Accountancy services Bromley - http://skpaccountancy.co.uk/ Finding the Right Financial Service Provider There are many different types of financial service providers to help you invest your money. Each financial service provider goes through a rigid educational process to learn how to assist their clients with investing their money. There are three basic types of financial service providers. Stock Brokers Stockbrokers buy and sell securities for their clients. The purpose of their knowledge and experience in the stock market is to help their clients invest wisely and make money. Keep in mind that stock brokers make much of their money through commissions and have no responsibility to put their interests before yours. However, to make money for themselves, it is important to make money for you. Therefore a stockbroker should have the client's best interest at heart. Investment Advisers Investment advisers provide simple advice regarding securities. Advisers will manage an investment portfolio for their clients and work with stock brokerage firms to make buying and selling decision. Investment advisers, unlike stockbrokers, have a fiduciary responsibility to put their client's interests ahead of their own. You have the option of hiring an investment adviser with discretionary authority that allows the adviser to trade for you without your permission or you can hire an investment adviser that will not trade without your permission. http://skpaccountancy.co.uk/

2. Accountancy services Bromley - http://skpaccountancy.co.uk/ Financial Planner A financial planner is a Financial services Bromley provider that helps his or her client plan their long-term financial goals. Financial planners have knowledge of several different financial products to help their clients. These include estate and tax planning, retirement savings, debt control and insurance requirements. A financial planner is there to provide the client with a complete financial plan from immediate income generation to planning for the long-term future. Financial planners have no fiduciary responsibility to put your interest before their own. However, a financial planner depends upon a good reputation and client recommendations to make a living. A financial service provider is hired to help their client with financial planning. The type of financial provider you hire depends on the type of financial services you want. For long term planning a financial planner is your best option. If you know very little about the stock market but would like to invest then an investment adviser will work best. http://skpaccountancy.co.uk/