Personal financial advisor

Ramblings of a Standard Nerd episode 3: Personal financial advisor

This week I talk about what happened to me when I applied for my student bank account. Again, this vlog is based on a real life event, this is what actually happened to me!

Twitter: http://twitter.com/L_Reid
Tumblr: http://lewisrreid.tumblr.com/
Wofleyedangel: http://www.wolfeyedangel.com/

If you're watching Karen/Cheryl, can you let me know what your name is. It may be important in the future - you forgot to give me a business card!



A financial adviser (UK spelling) or financial advisor (US spelling), more recently often referred to as a financial planner, is a professional who renders financial planning services to individuals, businesses and governments. This can involve investment advice, which may include pension planning, and/or advice on Life insurance and other insurances such as income protection insurance, critical illness insurance etc, and/or advice on mortgages.
Ideally, the financial adviser helps the client maintain the desired balance of investment income, capital gains, and acceptable level of risk by using proper asset allocation. Financial advisers use stock, bonds, mutual funds, real estate investment trusts (REITs), options, futures, notes, and insurance products to meet the needs of their clients. Many financial advisers receive a commission payment for the various financial products that they broker, although "fee-based" planning is becoming increasingly popular in the financial services industry.
A further distinction should be made between "fee-based" and "fee-only" advisers. Fee-based advisers often charge asset based fees but may also collect commissions. Fee-only advisers do not collect commissions or referral fees paid by other product or service providers.
Some investment advisors only charge a fee based on the assets managed for the client. Typically they charge about 1.0 to 1.5% per year to make the investment decisions for the client. They do not collect commissions.

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[TheMikkiAndNikkiShow]

'my twitter is lewis underscore reid'

NO ITS NOT xD

you lieeee haha, all your fangirls are going to be DEVISTATED.

[Lewisrreid]

@TheMikkiAndNikkiShow Fangirls?? I wish. It's all right - I put a link in the description box so the millions of pretty girls who want to follow me can :P

[iaincro92]

good vid :P keep e'm coming :)

[Lewisrreid]

@iaincro92 Thanks, I think this one isn't as good as the others though

[Wolfeyedangel]

lmao i think you should call and ask for charen :L a mix of the two :L cant go wrong

awesome vid man xD

gutted you never done the STANDARD NERDS voice :(



aw well theres always next vlog aha