Financial Advisors in Spain

ABOUT US

Christopher and his family left the UK several years ago to oversee the establishment of the practice here in the Costa Blanca.

Chris and his team feel they have brought the best of British practices to Spain.

Chris spent nearly twenty years working in the financial services industry in the UK and decided that the relaxed lifestyle of Spain would be beneficial for his family and broaden their horizons beyond Britain.

Qualified to UK and international standards, all certification is available for public viewing at the offices in La Marina, near Santa Pola. Chris remains a member of the UK chartered insurance institute.

At all times, our advice is individually tailored to each client – each client is unique and very valuable to us. We also have the whole of the network of financial advisors – and experts in differing fields of planning to refer to when unusual concerns are raised. Being part of a world-wide network is vital for sharing of ideas and information between brokers. In this way, clients are sure of totally independent and unbiased financial advice

As for the future, Chris and his team are looking to add a number of financial advisers to the practice operating in the surrounding areas.
“In Spain we have the right balance between work and play”…..plenty of time for the beach after work

 

If you would like honest tailored financial advice from a regulated company, give Chris and his colleagues a call on 966 795 714 between 09.30 and 13.30 Monday to Friday, or mobile 616 531 095.

Alternatively, you will find the office on Parque del Miño, Avenida Europa, Urbanisation La Marina.

When to Seek Independant Advice

It makes sense to take control at each stage of your planning and revise your financial plans to match your changing lifestyle. An Independent Financial Adviser (IFA) can offer a helping hand through the maze of products and financial planning strategies.
An IFA can help clarify your financial priorities and your short, medium and long-term financial goals. He or she asks detailed questions about your financial circumstances, your existing investments, debts, state of health, your future goals, your risk tolerance and what you want from life. Then he or she will advise you on how to develop a budget and make recommendations that will help you manage your finances and allow your money to grow for the future whilst ensuring you and your heirs are financially protected.
An IFA can also take the pain out of the research required and pinpoint the most appropriate products to meet your aims such as saving for your first home, your children's future or your retirement needs.

 

How do the types of advice differ?

INDEPENDENT FINANCIAL ADVISERS (IFAs), such as us, offer unbiased financial advice to their clients and recommend the most suitable products, if any, after researching the whole market. The key differentiator is that they act on your behalf and may offer you the option of paying by a fee, as well as the option of paying by commission.
TIED AGENTS can only advise on the products of one provider.
MULTI-TIED AGENTS are financial advisers allowed to recommend the products of a limited selection of providers, rather than just one.

Independent financial advice: the big advantage of independent financial advice is that you have access to all the products on the market through a qualified practitioner (more about qualifications later). An IFA's job is to research and recommend the most appropriate financial solutions after asking their clients a whole range of detailed questions about their circumstances, their financial goals and their attitudes to risk. IFAs are answerable to regulators to ensure that they keep to the rules. As they act on your behalf they provide personalised written reasons why they have recommended particular products or a course of action.
Tied advice: many people buy financial products through tied agents, such as the sales staff who work at their bank or building society. When they want a pension or investment product they often find it easier just to nip into their bank and accept what is sold through that organisation's relationship with a single life insurer or investment house. The person providing the product information or advice is acting on behalf of the product provider. Many people buy products this way, usually because they feel more comfortable buying from a big name organisation and assuming, sometimes incorrectly, that they are bound to get a good deal. What they are actually getting is limited information from a small selection of products. Confusingly, some banks also have an IFA available upon request!
Multi-tied advice: multi-tie arrangements were introduced because the authorities believed that 'polarisation' (the official term used for the system of either tied or independent advice) wasn't working efficiently for consumers. By giving organisations the opportunity to link up with several providers instead of just one, the regulator hopes to create more choice for those consumers who are not inclined to research the market or to use an IFA themselves.