We have all heard scare stories in relation to choosing an Independent Financial Advisor. Many of these anecdotes derive from years past when the whole industry had not been correctly policed. Nowadays you can find so many different ways in which it is possible to choose an IFA who is both reputable and right for you personally. Choosing an IFA is arguably one of the important financial decisions you'll ever make so taking time and energy to research and compare providers is to be encouraged.There are generally regarded as three different kinds of financial advisor - independent financial advisers who search the complete market because of their clients, tied advisers who operate solely with respect to a particular company, for example a bank. There are also advisers that are multi-tied and who sell products supplied by a fairly limited selection of companies.BenefitsThe real and outstanding benefit of consulting an IFA is that they will act with respect to you the client instead of within their own interests or the ones of the organisation they are selling financial products for. The IFA will search the complete market and can actively seek out and provide tailored solutions that may suit you the clients needs.So what do you need to do?One of the first steps you need to take when searching for an IFA would be to select a couple of providers which look likeliest to suit your needs. Speak with family, friends and colleagues and have for personal recommendations. Check out internet review and comparison sites. The neighborhood press can be a starting point.When you have narrowed your search down to some individuals, contact the IFAs of your choosing. Call them for an informal chat and to see how you feel. You have to be confident and comfortable with whoever you choose to advise you on your finances. Remember that you are the one in charge and not another way around!When you are talking to the IFAs of your choice, ensure that they're completely independent. Ask about qualifications - avoid being scared. Try to find an adviser who has the Diploma or Advanced Diploma in Financial Planning or who's an avowed or chartered financial planner. When you are in doubt and are looking for a testimonial it isn't unfair to ask to be placed in contact with other current clients. Remember that is your hard earned money we have been talking about.Enquire about fees. Do they charge per hour or do they take a commission? Perhaps it is just a mixture of both? You need your IFA to be completely transparent. If they are not then do not get involved.https://svwm.co.uk/existing-pension-and-investment-review-services/  is that you the client feel comfortable based on the arrangement. Make sure that all dealings and conversations are transparent and that you understand just what the IFA does for you constantly. This works both ways, continually be honest about your position and you will not go wrong.