Help Me Understand When I Need Financial Advice
Learn when professional financial advice can add value and when a self-investing approach may be more suitable.
Why do people seek financial advice?
Financial advice can provide clarity, confidence, and expert support when making important financial decisions. Speaking with a financial adviser can help you:
Gain clarity on your goals
A financial adviser takes time to understand what you want to achieve – for yourself and your family.
Feel more confident about your money
Expert guidance can help you make informed choices, avoid pitfalls, and stay on track.
Navigate key life moments
Life changes – such as buying a home, starting a family, divorce, inheritance, or retirement – often bring financial decisions that benefit from professional advice.
When is financial advice worth it?
Research from the International Longevity Centre (ILC) found that financial advice can make people, on average, nearly £48,000 better off in pensions and financial assets compared to those who don’t take advice.
ILC report, 2017: “Brits who took professional financial advice between 2001 and 2006”
This won’t apply to everyone in the same way – but highlights how valuable informed financial decision-making can be.
Which option is right for me?
Everyone’s financial journey is unique, and what feels right can change as life evolves. The two options below can help you decide what feels most suitable for you right now – whether you’d value support from an adviser or prefer a more hands-on approach yourself.
Speaking to a financial adviser
Financial advice tends to be most valuable when your circumstances are more complex or when you have built up a level of wealth where tailored planning can create meaningful benefits.
Who is advice typically suitable for?
You may benefit most from advice if you:
Have built up savings, investments, or pensions in excess of £100,000
Are approaching or planning for retirement
Have multiple financial priorities to balance
Want to make your finances more tax-efficient
Have received or expect to receive a large lump sum (e.g. bonus, inheritance, sale of property/business)
When advice may not be appropriate
Advice may not be right for you if you:
Are just starting to build your savings or wealth
Prefer to manage your own finances and investment decisions
Do not yet feel the cost of advice would deliver value for your current situation
You can arrange a complimentary, no-obligation initial consultation to help you decide if advice is right for you at this stage.
Investing without financial advice
Some people prefer to manage their money themselves – especially earlier in their financial journey.
Quilter Invest is a simple way to save and invest without advice. It includes tools and an in-app learning hub designed to help you grow your knowledge and confidence as your wealth builds.
Who is Quilter Invest typically suitable for?
It can be a good fit if you:
Are in the early stages of building wealth
Want to get started with investing in a simple way
Prefer a DIY approach with educational support
Want to develop financial confidence before considering advice
When Quilter Invest may not be right for you
It may not suit your needs if you:
Have significant savings, pensions or investments, for example, in excess of £100,000
Want a personalised financial plan
Need help making tax-efficient decisions
Are within 10 years of retirement
Looking for free mortgage advice?
If you are specifically interested in mortgage advice, you can visit our dedicated page below.
Get your free initial consultation now
Complete our quick form, or call us directly on 01905 701270.
We’ll help you arrange a free initial consultation with an expert financial adviser.
I want to invest without financial advice
Quilter Invest makes it easy to start saving and investing.
To make sure you get the full benefit of accessing Quilter Invest through your employee programme, please complete our short form. We’ll email you your unique code along with the correct app download link.
This keeps your options open for future financial advice, at no cost to you – and means that if you ever need support, we’ll already have what we need to help.
