Good Financial Advisor - South East (Waterford, Wex, Kilkenny if possible)

[TurningGreen]

Hi all,

Just wondering if anybody could recommend a good financial advisor around South East (Waterford/Wexford/Kilkenny if possible) who will give advice on pensions & investments. I don't want to have somebody selling me a product because they get a cut - prefer to pay a fee and get independant advice. Thanks

 

[Club Scrub]

You should look in Golden Pages for fee based authorised advisors in your area. No guarantee that you won't be sold something but is the best chance of getting proper advice.

 

[Dave Vanian]

An Authorised Advisor is obliged to recommend the most suitable investment product available in the market, regardless of whether or not it holds an appointment from the relevant product producer.

Authorised Advisors are regulated by the Central Bank / Financial Regulator and you can view their register at http://registers.financialregulator.ie/DownloadsPage.aspx.

When the web page opens, move down the page to the 9th option with the title –

+Register of Investment Product Intermediaries (Section 31 Register)

Click on the + sign and you will see the title of a pdf file as follows -
Register of Investment Product Intermediaries (Section 31 Register) as of 03 June 2011

If you click on this link, a 500 page document (in pdf) will open with the title - .
Register of Investment Product Intermediaries maintained by the Central Bank
of Ireland in accordance with Section 31(4) of the Investment Intermediaries Act, 1995
(as amended)

Look to the right hand side of that document under the heading or column of “Status” and underneath, you will see a sub category of “Authorised Advisor”.
That provides a list of approximately 400 independent advisors regulated by the Central Bank.

Within that register, a percentage are terrible at what they do. A percentage are mediocre. A percentage are good. A percentage are excellent.

Posting a link to a register is of no use to someone who is seeking a recommendation. They might as well look up a phone book.

 

[Bronte]

Turning Green, in case you got PM messages on this, be very careful. It's very difficult to get very good financial advisors. Knowledge is power and why not post your specific financial dilemma on here to get some insight into what you can and cannot do.