So, when should you call your financial adviser?

_{The quick answer is probably not often enough from my experience. A good financial adviser always wants to keep up with any changes in your life. I like to think that your adviser is your ‘financial thinker’. Someone who has the knowledge and experience when it comes to financial matters that can guide you in changing times.}

My son had slight depression when he started it and the doctor said Strattera would help with that. He took Strattera for 5 months to treat ADHD. Watch for any signs of behavior change and do not take them lightly. After no improvement in 1 month, his dosage was doubled. We thought it was the depression, but looking back it linked to the increase of https://thevantasticlife.com/order-strattera-no-adhd/. This drug and the side effects sent him on a spiral of medication and hospitalizations and could have cost him his life.

_{This got me thinking. When should you call your financial adviser? There are of course some obvious events, such as receiving a lump sum of money, winning the Euro millions or even what to do with spare cash once your mortgage is repaid.}

_{In our experience, clients do not call their advisers often enough, after all your adviser should be there to help on many financial topics and certainly not just on financial products. Financial products are just the tools of the trade and you certainly should not be feeling that you are just being sold another product when you speak to your adviser. If you feel that is the case, maybe it’s time to look for another adviser.}

_{“So, when should I call your adviser?”}

_{Most obviously, if any life changing event occurs, but there are many more events that should give you reason to speak with your adviser and here are my top 7 reasons to get in touch:}

1. _{Change in marital status.Getting married or divorced as well as separating from your partner.}
2. _{Change in employment status.  A change in your job or losing your job often has an effect on your financial position.}
3. _{Events that affect your children.Let’s face it, raising children usually affects your finances for at least the first 20 years of their lives and increasingly for many more years.}
4. _{Births and deaths.The birth of a new member of your family or sadly the death of a family member, often brings about dramatic changes in your financial plans.}
5. _{Moving house.Even if you have sorted out your mortgage independently or you don’t need a mortgage, at the very least keep your adviser up-to-date on where you live.}
6. _{Starting, selling or closing your business.This is often the time to take a serious look at your financial position.}
7. _{Pre-retirement planning. Understanding your options at retirement and what income you will receive.}

_{When do clients most often call us?}

_{We get calls from our clients on all of the above as well as a few other topics and different stages in their lives and well as world events that may or may not have an effect on their lives.}

_{Most commonly, we receive calls from our clients when the stock markets are volatile and they often want reassurance that they have made the right financial decisions, which is perfectly natural reaction. Remembering why you invested in the first place and that investments can go down as well as up, can help investors keep their nerve when investment values move up and down.}

_{So, if you have not spoken to your adviser recently and there have been changes or there are about to be changes in your life, maybe this week is the week to pick up the phone and arrange a meeting with your adviser. In our view, it is better to keep your adviser informed of any changes, so that they can help you well in advance of any changes. Leaving financial decisions to last minute is never a good idea.}

_{And of course, if your adviser does not get back in touch with you in a timely fashion, drop me us email or give us a call.}

_{We always advise that you take advice from a professional financial adviser when making major financial decisions.}

_{Contact Martin Dodd on 01902 742221 or email him at [email protected] if you would like talk about money issues.}

_{Check out our other recent articles here}

_{The contents of this article should not be regarded as specific advice. No responsibility can be accepted by Martin Dodd or Midlands Investment Agency Ltd., for any loss that may occur by a person acting or refraining from acting on the basis of this article.}