How do I set about becoming an Independent Financial Advisor in the UK?
913009
the cheapest and fastest way I know of is to join the CAB or do a CeMap course.\n\nAll that's required for the former, is for you to call your local CAB (Citizen's Advice Bureau) and they'll send you the appropriate  form to fill in.\n\nIt starts off as voluntary work, with free travel and training in various areas, you'll pick the financial side of things, and I think you can even specialise intow what kind of financial advice you can do.\n\nYou'll have enough training and experience if you do this even part time within two years.\nAnother way of course  is to register to do CeMap training (just google it)\n\nit's relatively cheap compared to the benefits you'd get once you get a job or start business, the average person that gives mortgage advice for example gets an average £10,000 for every sale that results from a talk with him... and of course if you're employed, you don't have to make a sale to get paid, you just have to attend the interview and offer fairly average to good customer service!
855758
Remember that recommending stocks is a highly regulated industry and comes with a huge amount of legal and financial liability.  You cannot just become a broker without having the appropriate capital, licenses, exchange seat, personnel, hardware and knowledge.  \n\nI fear that your naivite means that you have not researched this too well. I warn you to not be so cavalier in your approach as it can cost you everything.\n\nIf you are serious about becoming a "broker", perhaps there may be an alternative. If your country's regulations permit, it may be worthwhile to become a sub-broker or "remiser" - which allows you to act as a broker with some benefits of having the infrastructure of a bank behind you.  If you live in the US, you are SOL.
903337
You can normally have a free session with a solicitor who would be able to give you advise. Contact Citizens Advise Bureau and they will put you in touch with a solicitor who provides this service. Good luck in your endeavours.
59877
You need to call a finacial planner you can trust. Local independent insurance agent.
699270
You may want to go through a counselling session first, this way by reviewing your financial situation all of your options can be layed out in front of you and then you can make a good decision.  \n\nI have found that www.Incharge.org is able to do it for free, and they don't charge a fee, they are voluntary contributions.  You can either start the session online or call them directly @ 888-734-6229. \n\nBut make sure that you have all of your bills and income information and that you have at least 15-20 minutes.\n\nI think that would be the safest route to take.  it will cost you nothing to get some really good financial help! \n\nAnd Good Luck!
708836
Unless you really have a unique idea, and the finance to patent, produce and market it correctly, you won't earn a million in five years.  If you are prepared to put in consistent effort, the UK business I'm in could help you become financially independent.  I can send you a DVD to have a look at, that explains it a lot better than a simple email, if you'd like to email me your details.  Alternatively, you can leave your details on my freephone - 0800 298 2384.
1011397
Go and see an independent financial advisor who regulated.\n\nOr do a preliminary search on the internet.
770647
I would start with the NASD and CFP Board websites. They are a great resource for starting off. At the very least, find a company to sponsor your testing and begin studying for your Series 7. \n\nResearch different firms and decide what type of practice you would like to conduct and/or participate in. I believe that being a planner under an independent firm such as Linsco/Private Ledger or Raymond James, offer wonderful tech and product support, fair payouts, a solid reputation, yet flexibility in how your business is ran. There are many options, but not one specific route is best for everyone. \n\nIf you are just starting off, find an office looking to staff an additional rep or a junior rep to get started off. Even- though maybe not as initially appealing- starting off as a Registered Sales Assistant may be good. It could lead into a great educational experience, more referrals and a promising career.\n\nI wish the very best to you!
455720
You will need to go into a bank and speak to an advisor.
681734
India.  Lots of financial companies are now outsourcing their financial analysis to India.  But I doubt that's what you had in mind.\n\nYou could start by getting a job with a local office of an international finance company or investment bank, and then see if they would transfer you abroad.  It might be the easiest way to do this, and the company would take care of all the paperwork for you.
743634
It's called a Personal Pension but the limits are stricter than the USA.  See an independent financial adviser and, if your situation warrants it, a Chartered or Certified Accountant.
1110533
Do NOT just go to your bank. You will only get one deal - if you were buying car insurance you wouldn't just go to one broker. You would look at several. \nAn independent mortgage advisor will do this for you - however, do check that the advisor isn't planning on adding extra fees for themselves onto the mortgage. Certain mortgage advice companies will do this as they figure you won't notice an extra £300 on a £100k mortgage, but why pay it if you don't need to? Certain advisors are happy to just take the fee paid to them by the mortgage lender.Check you use one of these and that they are independent.\nAlso when buying check you go in at a lower asking price - not too low or you'll offend the owners - but enough to do some bartering to save a few grand.\nGood luck. There is nothing like the feeling of owning your own house.
838701
if you call your local social services office they can direct you to the proper office.  sometimes they do it there. but I think you have to meet financial qualifications.
831280
See a personal advisor at the bank you have your accounts, loans, ira's, etc at.
49378
Be very careful with whom you trust your money.  Whenever you are hunting for a financial advisor you want to interview him like he was applying for a job.  In a way, he is.  Also, ask for his educational background, experience, and references.  Also, a good financial advisor will typically hold either a CFP (Certified Financial Planner) or a CFA (Chartered Financial Analyst) designation.  Depending on the amount you are getting you may want to talk with a private wealth management firm that will be able to consult with you on taxes, investments, and all other areas of wealth management (and retainment).  Normally these types of firms have requirements that their clients have a minimum of at least 1 million in investable assets.
932791
You say you are an EU resident. Does this mean that you reside outside of the United Kindgom? If so, I would imagine you'll find it pretty difficult to open a UK bank account. Most financial institutions in the UK will require that your perminent abode is in the United Kingdom and you will have to provide evidence thereof. Generally, residence outside of the United Kingdom, whether in the European Union or elsewhere, even if you are a British citizen, automatically means you cannot open a bank account at a UK bank or building society.\nYou could open an offshore account in the Channel Islands or the Isle of Man over the internet. Nationwide Building Society offers such a service:
216142
Get your brokerage to INITIATE a transfer.  If you don't have a brokerage open an account,  you can walk into just about any bank and tell them you want to set up a retirement self directed fund and they will do the paperwork for you.\n\nOnce official paperwork is initiated, the holder of your funds will have to legally transfer them.