Making financial decisions can be quite scary for most people unless you are experienced in that field. We worry whether we are making the right move and scour the internet for online advice only to come away even more confused. This is one of the reasons that people often seek out a financial adviser to help them to make informed decisions about their money.

Many people first encounter a financial adviser when they want to get a mortgage. The advantage of using a professional is that they know the markets and can give you independent advice on the best products for your circumstances. They may have access to special rates with some banks or building societies, but they must inform you if they receive any commission from these companies.

If you are looking to invest some money it is always advisable to use someone who knows the best investment opportunities that would suit your lifestyle. For example, an investor who has a small pot of money which is their life savings or pension should be directed at low risk investments whereas someone who is experienced in this field may be willing to invest in a more risky scheme which has a high yield if successful.