How does an independent financial advisor compare to a bank or institutional consultant?

People looking to invest but unsure of the steps they need to take have a number of options when it comes to asking for help. They can, for example, speak to family or friends – although, unless their family members or friends work in the financial sector, they may not get the quality of advice they are looking for. Or, they can speak to an independent financial advisor (IFA) or institutional consultant, both of whom will likely have the financial expertise needed to help them invest wisely, although they shouldn’t…

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