With changes in legislation, along with greater flexibility than ever before in how you interact with your money, it’s never been more important to ensure that you are making the right decisions when it comes to your finances. However, understanding all the complexities surrounding the financial market can be challenging and time consuming and you may be considering engaging the services of an independent financial adviser to assist you with your financial planning as a result.
Need help finding an Independent Financial Advisor?
Services on Offer by IFAs
- You are getting close to retirement age
- You have got a significant increase in earnings
- You have received an inheritance
- You are going through a divorce
- You sell a business, property, or have another significant event
- You want to consolidate your finances and take better control
- You are preparing to pass on some of your money to loved ones
- You are recently widowed
Top 10 Independent Financial Advisors in Bradford
|Rank||Advisor||Description||Find An Advisor|
|1||Meridian Wealth Management are a firm of fully independent financial advisors, located in Bradford, West Yorkshire who offer a long term approach to meeting their clients aspirations.||Find An Advisor|
|2||The financial planners at Ebor are located in Bradford, West Yorkshire, where they are completely committed to providing you with the expert advice you need in order to achieve financial health for you and your family.||Find An Advisor|
|3||Atrium are based in Bradford, West Yorkshire and are part of the Quilter Group, one of the largest adviser networks in the UK, and are therefore authorised and regulated by the Financial Conduct Authority.||Find An Advisor|
|4||At Lonsdale in Bradford, West Yorkshire, they offer a completely bespoke service, right down to the fixed fee that they charge, which is agreed upon before the commencement of your plan, on a case by case basis, dependent on the financial advice you require for your unique circumstances.||Find An Advisor|
|5||Stephen Abbott have received numerous awards recognising the outstanding service that they provide to their clients in Bradford, West Yorkshire.||Find An Advisor|
|6||Brooke Financial use a wealth of experience and knowledge to offer their clients reliable financial advice across a wide number of services in and around Leeds, including Bradford, West Yorkshire.||Find An Advisor|
|7||Vista employs highly skilled, experienced financial advisors to ensure you get the very best financial services available in and around Leeds, West Yorkshire, including Bradford.||Find An Advisor|
|8||Clarity Wealth are a family run business in West Yorkshire, who retain their personal touch when assisting their valued clients with their finances.||Find An Advisor|
|9||The independent financial advisers at Utopia in West Yorkshire believe that excellent financial advice can help you achieve a secure financial future and help you realise your financial aspirations.||Find An Advisor|
|10||At Hoyl they pride themselves on offering their valued clients in West Yorkshire a refreshing service that makes them stand out from the crowd.||Find An Advisor|
Choosing an IFA
But with an estimated 27,000 financial advisors in the UK, how can you be sure that you have made the best decision when it comes to selecting the right person to meet your particular financial needs? Here we have listed a few things for you to consider.
Scan the market
With so much choice, it’s important that you draw up a shortlist of providers in West Yorkshire that you believe will be best suited to meet your needs. Ascertain what your main requirements are and then find advisors in Bradford, West Yorkshire that can meet those requirements. Don’t be afraid to ask for recommendations from people you trust local to Bradford, West Yorkshire as this is often a good indication of the level of service you can expect and make sure you check qualifications before booking any initial meetings in order to save yourself time.
Make sure they take the time to understand your needs
Many financial advisors in Bradford will offer new clients a no cost, obligation free, initial meeting to discuss your requirements. This is an important part of the process for you and a bit of leg work at this stage can save you costly mistakes down the road. It really is wise to meet with more than one adviser, in order to gauge which advisors can best meet your financial planning needs, but also to ensure the adviser you choose is taking the time to get to know you and understand your requirements, rather than attempting to you fit you into a ‘box’ so they can provide you with a standard plan. Spending that initial hour with a few advisors in Bradford will soon give you an insight into which ones are truly striving to understand and meet your unique needs.
Nail down the fee structure
It is important that you don’t go beyond this point without first obtaining a solid understanding of how the adviser you are considering in Bradford intends to charge you for their financial planning service. Different firms across the UK, have very different ways of charging their clients, whether it be a fixed fee, an hourly rate, or a percentage of the amount invested. You will need to establish this and work out how much the advice you are seeking is likely to cost to ensure you are getting value for money. Some firms will even go as far as to offer a value for money guarantee.
Here is our round-up of top IFAs in Bradford
Meridian Wealth Management
Unit 1 Office 5 Robin Mills, Leeds Road, Greengates, Bradford, West Yorkshire, BD10 9TE
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Meridian Wealth Management are a firm of fully independent financial advisors, located in Bradford, West Yorkshire who offer a long term approach to meeting their clients aspirations. They begin with a simple review whereby they take the time to understand your current financial situation, your concerns, and most importantly your goals and how long you have to achieve them. They utilise all this information to draw up a report with their recommendations on how best to achieve your objectives, and provide all the services and best products you need to get there. Meridian have a completely transparent fee structure which will be fully explained to you before the advisors in Bradford commence with any work for which you are charged.
An adequate level of protection can help ensure you and your family remain on track to achieving financial freedom regardless of what life may bring. When it comes to protecting yourself, your income, and your family against accidents, illness, and death, there are literally thousands of products available. Navigating your way around the various products to find the one that best meets your needs, at the best price, is a complex issue, however, the independent advisors at Meridian, Bradford utilise years of experience and training to scan the whole of the market and ensure they recommend the best products to provide you with an adequate level of protection.
Bradford Mortgage Brokers
Buying a property is likely to be the single biggest transaction of your life and with hundreds of lenders competing for your business, it’s vital that you make the right decisions from the onset to avoid costly mistakes. Whether you are seeking a repayment method, or interest-only method, the skilled advisors at Meridian Bradford Financial are on hand to help you find the best interest rates, associated fees, and enhancements for your unique situation.
Savings and Investments
When it comes to saving and investing for your future it is important to find the best product and investment opportunities, with the greatest returns, at a level of risk that suits you. The advisors at Meridian Bradford Financial work within the parameters of your attitude to risk, and your financial goals, in order to provide you with the best possible advice.
Ebor Financial Planning Limited
1-3 Kipping Lane, Thornton, Bradford, West Yorkshire, BD13 3EL
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The financial planners at Ebor are located in Bradford, West Yorkshire, where they are completely committed to providing you with the expert advice you need in order to achieve financial health for you and your family. They firmly believe that the customer should remain at the heart of everything they do, and therefore prioritise your financial goals and aspirations, providing ethical solutions that are tailored and relevant to you and your current circumstances.
Ebor are constantly investing in their staff to ensure you get the very best advice available in Bradford. They commit to ongoing professional development in order to stay abreast of the very latest changes in legislation as well as fluctuations in the financial market. They offer clients a comprehensive service that will seamlessly guide you towards achieving your financial dreams. This is all delivered as a completely bespoke service where every element is completely tailored to your individual needs.
Ebor proudly display their Chartered status, an award which not only recognises their professional level of service and performance delivering financial solutions to clients in West Yorkshire, but also acknowledges the staff that have achieved the coveted status of chartered financial planners. This in itself is an indication to potential clients that they can be sure they are accessing the most comprehensive knowledge and experience in the industry, as well as the innovative use of technology in order to deliver positive results.
As Chartered Financial Planners, Ebor are customer service driven, offering clients in Bradford, West Yorkshire regular reviews to ensure their investments, pensions and other policies remain on track in line with your changing circumstances and changes to the marketplace. As well as this they provide new clients with a completely transparent overview of their competitive fee structure so you can be sure there won’t be any nasty surprises down the road.
At Ebor they believe that by building a long lasting, trusting relationship with you, they are in the best position to completely understand your unique financial circumstance as well as your financial goals, and therefore they can offer you the best, bespoke service in order to meet your needs. They meticulously plan for every stage of your life, scoring the market for the best products to meet your requirements in the following areas:
- Savings and investments
- Pension planning
- Estate planning
- Wealth preservation
3 Eldon Place, Bradford, West Yorkshire, BD1 3AZ
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Atrium are based in Bradford, West Yorkshire and are part of the Quilter Group, one of the largest adviser networks in the UK, and are therefore authorised and regulated by the Financial Conduct Authority. They offer completely tailored solutions to every client with a strong focus on achieving the best results for your unique situation. They have quickly gained a solid reputation for delivering a quality service with strong client focus built on the back of a long lasting relationship.
Pensions and Retirement
The skilled advisors at Atrium have the expert knowledge required to guide you through the best possible options for saving for your retirement. They can help you establish just how much you are going to need to comfortably see you through, so you can put an achievable plan in place that will work towards achieving your financial security. They maintain that pensions are the most tax efficient way to save for your retirement and can help you navigate your way through changes to legislation as well as increasing flexibilities in order to find the best products to help you achieve your goals. This is all started off with a thorough review of any existing pension products you currently have in place, including personal pensions and employee pensions in order to ensure they are still the most suitable options for you.
Investments and Savings
The success of your financial goals and aspirations is much more likely with careful financial planning and this is where the advisors at Atrium are on hand with their expertise and knowledge. They understand that in order to get to where you want to be, you need a tailored investment plan that takes into account how long you have to get there, as well as your appetite for risk. Your bespoke plan will be constantly reviewed and adjusted to ensure it remains on target to achieving your financial goals and aspirations.
The advisors at Atrium believe that a practical financial plan requires adequate protection to ensure that it remains on track to achieving your financial goals, regardless of any bumps in the road ahead. Insuring your health, income and life can ensure you successfully navigate any unforeseen circumstances and your family have adequate financial security in the event of your death.
Tong Hall, Tong Village, Bradford, West Yorkshire, BD4 0RRFind an Advisor
At Lonsdale in Bradford, West Yorkshire, they offer a completely bespoke service, right down to the fixed fee that they charge, which is agreed upon before the commencement of your plan, on a case by case basis, dependent on the financial advice you require for your unique circumstances. They provide their clients in Bradford, West Yorkshire with a completely holistic, lifetime service whereby they aim to add value to your existing arrangements, utilizing the best products and investment opportunities from across the entire market. New clients are able to take advantage of their free, no obligation consultation to discuss your requirements and identify where Lonsdale can add value.
Lonsdale employ an award winning approach to managing your wealth in line with your financial goals. They can give you a visual as to how decisions that you make now, can affect your finances in the future and put a strategic plan in place to help you achieve your priorities. They spend time with you in order to offer you the right services across the following key financial considerations:
- Expenditure planning
- Retirement planning
- Long-term care planning
- Estate planning
The investment philosophy at Lonsdale focuses on providing you with the right solutions to achieve your financial goals. They put together a diverse range of investment portfolios utilising asset allocations and products from across the entire market, with the appropriate amount of research, in order to ensure they are delivering client value across proven investments. The aim is to provide you with long term solutions, utilising proven investment opportunities which are carefully matched to your risk profile and regularly reviewed and updated to reflect your changing circumstances as well as changes to the marketplace.
The highly skilled advisors at Lonsdale will conduct a thorough review of your personal assets including your home, investments and savings, in order to identify your current tax liability when it comes time to pass your estate to your beneficiaries. They can then work with you, across a number of means including trusts and gifts, to effectively and legitimately reduce your inheritance tax and effectively protect your estate.
Stephen Abbott Financial Services
471 Great Horton Road, Bradford, West Yorkshire, BD7 3DLFind an Advisor
Stephen Abbott have received numerous awards recognising the outstanding service that they provide to their clients in Bradford, West Yorkshire. They believe that success is built on long term relationships that help clients navigate their way through their unique financial journey in order to achieve their goals. They offer a completely personal approach that is tailored to your priorities across a number of areas in order to provide a holistic service that enables you to achieve the best value from across the entire marketplace.
It is important to fully understand the odds of encountering an accident or illness that may negatively affect your financial plan, in order to ascertain the correct level of protection to keep you on track for financial success. 8% of the population risk death before the age of 65, whilst 16% of the population run the risk of suffering a serious illness. A staggering 32% of the population risk being unable to work for 2 months or more, making income protection a vital part of your financial plan. The expert advisors at Stephen Abbott can help you successfully navigate the thousands of products available from across the market to find the best solutions for your circumstances.
Investments and Savings
The financial advisors at Stephen Abbott are highly skilled at producing investment portfolios that utilise assets alongside investment returns in order to protect the client against significant losses. They work alongside you to ascertain your appetite for risk, using innovative psychometric risk profiling software and taking into account your time horizon and investment capital in order to put together the best investment strategy for your unique circumstance.
Figures released this year have shown that the average Briton is around two years short on their retirement savings, identifying the need for comprehensive retirement planning in order to ensure a comfortable retirement. The advisors at Stephen Abbott can guide you through the hundreds of products, taking into account changes to legislation and increased flexibility to ensure your retirement pot is sufficient for your retirement aspirations.
Suite 7, 2nd Floor, West 44 Richardshaw Lane, Pudsey, Leeds, West Yorkshire, LS28 7URFind an Advisor
Brooke Financial use a wealth of experience and knowledge to offer their clients reliable financial advice across a wide number of services in and around Leeds, including Bradford, West Yorkshire.
Unless you already know the exact amount you will require in order to meet your retirement goals, as well as the most tax efficient way of saving for your retirement, then the chances are that you could benefit from the expert financial advice on offer at Brooke. They can calculate how much you need to contribute towards your pension now, taking into account your income, savings, and the time scale you have in order to ensure you reach your retirement objectives at the time that suits you. There are also many tax benefits that can be utilised in order to help you achieve your goals and the advisors at Brooke stay up to date to any changes in legislation to ensure your pension pot remains as tax efficient as possible.
Regardless of how much your capital sum for investments is, the skilled advisors at Brooke can help you identify what you need to achieve from your investments as well as how long you have to get there, and your appetite for risk, in order to draw up a professional portfolio to help you get to where you need to be.
Utilising the skilled mortgage broker, Bradford financial advice at Brooke, also gives you access to a range of exclusive deals that are not available online or direct. Regardless of whether you are looking for a residential mortgage, or buy to let mortgage, or even have an existing arrangement in place, the advisors will take the time to review your current set up to identify products that would be best suited to your unique requirements.
Adequate life insurance can ensure that your family is protected in the event of your death. The skilled advisors can help you navigate the various products available in order to secure the right level of cover for you and your family whilst remaining on track for your financial plan.
Vista Financial Management Limited
Dale House, Queensway, Guiseley, Leeds, West Yorkshire, LS20 9JE
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Vista employs highly skilled, experienced financial advisors to ensure you get the very best financial services available in and around Leeds, West Yorkshire, including Bradford. Their independent financial advisers can offer totally unbiased recommendations on products from across the entire marketplace. At Vista they pride themselves on their integrity and honesty in all their dealings and seek to form long lasting, beneficial relationships with their clients and their families. They put you and your needs at the heart of everything they do, and offer an initial consultation, completely free of charge so you can see if they are the right fit for your particular needs.
Investing your money can be complex and carry considerable risk. Mistakes made at the start can cost you dearly and therefore, unless you have extensive knowledge of the market, and the time and patience to stay abreast of changes, then it’s advisable to engage the services of a professional. When putting together your investment strategy, the independent financial advisers at Vista will ascertain exactly what you need to earn from your investments, by when, as well as your appetite to risk, in order to put a bespoke portfolio in place across the following products:
- Asset backed investments
- Deposit based investment
- Individual savings accounts
The independent financial advisers at Vista offer a flexible payment structure for their expert mortgage advice, helping you successfully navigate your way around which type of mortgage is the most suitable for your situation as well as which interest rate options would be the most beneficial for you. Regardless of your credit history, the financial advisers at Vista can help you look for adverse credit mortgages as well as:
- Buy to let
- Offset mortgages
- Equity release
- First time buyers
- Flexible mortgages
- Self build mortgages
The advisers at Vista understand how vital it is that you are adequately prepared for your retirement. Regardless of your current stage in life, they can conduct a review of any of the pensions you currently have in place and provide expert advice across the following options:
- Automatic enrolment for employees
- Automatic enrolment for employers
- Personal pensions
- Income drawdown
- Pensions and divorce
- Retirement planning
- Retirement options and pensions freedom
Clarity Wealth Limited
8 Kerry Street, Horsforth, Leeds, West Yorkshire, LS18 4AW
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Clarity Wealth are a family run business in West Yorkshire, who retain their personal touch when assisting their valued clients with their finances. Your best interests are their main priority, and in pursuit of that end, they will take the time to really listen to your concerns and aspirations in order to provide a clear and bespoke plan to meet your objectives. Clients of Clarity Wealth in West Yorkshire can benefit from a visual picture of what their future finances will look like with concise cash flow modelling that can illustrate how decisions you make now can affect your finances in the future.
Cash Flow Modelling
The advisers at Clarity gather as much information about you, your current finances, your requirements, income and expenditure and your aspirations, in order to put a cash flow model in place to help predict where you sit financially in the future. This alone can help you make informed decisions now that may affect what you can achieve in the future such as what age you may be able to retire and will your pension pot be sufficient to support you in retirement?
Investing For Income and Growth
The advisers at Clarity take the time to get to know you, and your requirements, in order to establish whether you are investing for income or growth. It is important to distinguish this before putting an investment plan in place as this will affect the duration of the investments.
When investing for income the amount of risk must be carefully balanced with achieving higher dividends in order to provide you with a regular income. Conversely, when you are investing for growth, any income that is generated as a result of your initial investment is re-invested with a view to increasing the value of your investment.
Tax Efficient Investment Planning
Utilising all tax mitigation strategies on any investments you have, can have a significant impact on your returns. Tax reliefs, tax allowances and incentives are all available but it can be a complex task to successfully weave these into your investment plan. The advisers at Clarity can help you make use of capital allowances, research and development tax credits, enterprise investment schemes, entrepreneurs relief, and enterprise management incentives.
Utopia Financial Planning
190 Roberttown Lane, Liversedge, West Yorkshire, WF15 7LF Find an Advisor
The independent financial advisers at Utopia in West Yorkshire believe that excellent financial advice can help you achieve a secure financial future and help you realise your financial aspirations. They aim to add significant value to your current finances and in particular can offer specialist advice on pensions, starting with a comprehensive pensions audit in order to provide a clear picture of where you are now and where you will be when you hope to retire.
At some point in our life, most of us will turn our thoughts to our retirement, and yet it has been found that only a small percentage of the population make adequate provision for when they retire. Knowing exactly where you stand now and where you need to get to is vital if you are to plan for a financially secure future. At Utopia the skilled advisers can offer a comprehensive pension performance review, consolidating all your current provisions, in order to provide you with a clear picture and up to date advice, as well as access to leading investment fund managers in order to add the maximum value to your pension.
Life assurance is conducted on a case by case basis at Utopia, taking into account your personal circumstances in order to provide a recommendation on a low-cost product to provide your beneficiaries a tax free sum or income in the event of your death.
Have you ever considered how you would pay the bills should you fall sick or become injured and be unable to work? If you are self employed, or employed but without adequate sick pay, then you may need to make provisions. Given that one third of the population will at some point be unable to work due to illness or injury, this is a very real threat to your financial plan and worth preparing for.
Investment advice at Utopia is highly personalised, drawn up to meet your exact financial requirements whilst conforming to your risk profile. The skilled advisers can assess any current investments you have in place to check they are performing to your requirements and in turn present you with tax efficient recommendations in order to help you achieve your goals.
Hoyl Independent Financial Advisers
Devere House, Vicar Lane, Bradford West Yorkshire, BD1
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At Hoyl they pride themselves on offering their valued clients in West Yorkshire a refreshing service that makes them stand out from the crowd. With specialist, dedicated mortgage, insurance, and investment advisers, all collaborating to provide you with the very best advice available, you can be sure you are receiving the best, bespoke, independent advice available. They have removed any need for their consultants to hit any sort of sales target in order to ensure that you are receiving completely ethical advice that is always in your best interests.
At Hoyl they want to see you succeed in achieving your required pension in order to live your retirement free from financial stress. They work with you, offering a highly bespoke, specialist service, in order to identify the best possible way of helping you realise your financial goals. They can conduct a thorough review of your current arrangement, consolidating all your existing pensions, including any workplace pensions you may have forgotten about, to ensure you have the right pension in place with the right level of ongoing monitoring, to ensure its success over your lifetime. Not only will the advisers guide you on how much you need to contribute to your pension, but when the time comes to draw your pension, be it as a lump sum, or as an income, they can help you navigate the increasing flexibilities in order to ensure you are efficient at every stage.
Savings and Investments
When it comes to effectively investing your money, the specialist advisers at Hoyl employ a highly individual approach, providing you with a bespoke portfolio that takes into account the time you have to achieve your goals along with your attitude to risk. They can review any existing investments you have to ensure they are working in line with your aspirations and provide you with recommendations so you can make informed decisions that can best help grow your wealth.
Mortgages and Insurance
Regardless of your requirements, the advisers at Hoyl offer highly specialised, independent mortgage advice that includes assessing the various products from across the entire marketplace in order to identify the best product to suit your unique needs.
Need help finding an Independent Financial Advisor?
Most common questions Peter and the team get from investors in Bradford
I see adverts for Financial Advisors Bradford and Financial Planners in Bradford, what is the difference?
A financial adviser has the primary ambition of helping you to manage your money including:
Financial planners however are one type of adviser who specialises in creating a plan to help companies and individuals achieve their long term financial goals and can include entities such as:
Education funding planning
It is important to note that whilst a financial adviser will possess qualifications and credentials to help them achieve their purpose, just about anyone can call themselves a financial planner without possession of any qualifications.
If I choose a local IFA in Bradford what is it they will do?
Some of the typical tasks undertaken by a financial adviser can include the following:
Recommend investments, select investments, and research investment opportunities.
Provide clients with tax advice.
Assist clients with insurance decisions and select the best products available.
Help clients prepare for specific circumstances such as education expenses or retirement.
Monitor client accounts and make appropriate changes to improve account performance.
How much should you pay a Bradford financial adviser?
An hourly rate, which in the UK will average at around £150 an hour although you can expect to be charged anywhere from between £75 to £350.
A set fee. This can be the case should you wish to engage the skills of a financial adviser for a specific job.
A monthly fee is often agreed for ongoing financial advice such as managing investment portfolios. This can be done in one of two ways, either via a percentage of the amount of money you are investing with them or alternatively as a flat fee.
There are many elements that will affect the fees that you are charged for financial advice, including the level of qualifications that the adviser is in possession of, the location of the adviser, the complexity of your situation, and how the service is delivered.
Many financial advisors will offer a free consultation in order to discuss their expertise and the fees. This is a great way to establish whether they are the right service for your needs.
What is the difference between independent financial advisors in Bradford and a financial adviser in Bradford?
Conversely, independent financial advisers in Bradford have access to the entire market and can therefore match the best product for your situation. An independent adviser in Bradford has extensive knowledge of all monetary areas including investments, savings, insurance, pensions, tax and family estate management and should be authorised and regulated by the Financial Conduct Authority in order to ensure ethical practice and advice in line with your best interests.
How do I choose an independent financial adviser in Bradford?
Commission driven products such as payment protection insurance have changed the way that independent advice is regulated in England. Tougher standards have been introduced banning commission driven sales and requiring advisors to hold higher levels of qualifications. However, there is still a variation in the quality of advice you can receive and you should be wary about simply employing the assistance of the first IFA you come across in Bradford.
Firstly, you should ascertain what your needs are so you don’t get drawn into paying for a full service that you don’t actually need. The most common areas of financial planning are usually advice for paying off debts, building savings, mortgage advice, pension schemes and employer protection benefits.
If you are facing a big decision that requires a fair bit of cash, then you could certainly benefit from the advice of a professional. Decide if you need one-off advice or if you would benefit from an ongoing service.
It is also prudent to determine if you would like face to face advice, in which case you will need to employ the support of a company with offices local to you in Bradford. Face to face advice can help build a trusting relationship with your adviser should you require ongoing support.
Whilst an independent adviser in Bradford may initially incur a greater cost for their expertise, they can offer you any products from across the market rather than being limited to expensive or poor performing products that benefit the adviser financially. Bear this in mind when you are deciding whether to employ an IFA or a restricted adviser.
The last thing to take into consideration are the fees charged. You may need to meet with a few advisors in Bradford to discuss their payment structure and find an arrangement that suits you and your individual needs.
How do I find a good IFA in Bradford?
Alternatively, you can find details of trusted IFA’s in Bradford using our reviews, alternatively you can speak directly to Peter and the team here who will help you for free