Independent Financial Advisers (IFAs) Questions Answered

What is the role of IFA?  Independent Financial Advisers should provide independent financial advice on your pensions savings, investments and equity release on your property if you need some cash later in life. The is an argument that everyone needs an IPA. They can become your personal 'go to' stockbroker and general financial fixer. That is why I would suggest they you find one in or around Birmingham or at least within West Midlands. I would not recommend one miles away or never answered the phone. Another good way is personal recommendation. Ask a friend. Your IFA will be an important person in your life. You need to get them right!

How do IFA make money?
Some IFAs are on commission and others charge. Many people believe that if they are to be truly 'independent' they should not have a financial relationship with the funds that they recommend their clients to invest - as their advice will be biased in favour of the funds which pay them the best commission. The way to avoid this is to ask them and then pay them a fee for their financial advice. 

How do I find an IFA? Have a look below at the list of IFAs around Birmingham. They are reviewed. Personally I would create a shortlist and simply visit them personally. There is nothing like knowing your IFA. That is the advantage of having a local one


Investing for beginners

This is a serious video about investing in the stock market. Crucially you will end up with realistic expectations.

My father was a stockbroker. The only thing that ever annoyed him were banks. Currently their 'interest rates don't even cover inflation! Personally I have got very keen on 'tracker funds' which simply track the stock market and are very cheap and usually perform as well or better than investment managers or stockbrokers - who are seldom cheap! You will often end up with a London or large city based firm rather than one around Birmingham let alone Kingsway Project ! However this does not matter. I have seldom met my stockbrokers. This said have a look below for financial advisers and stockbrokers that we have found with West Midlands.

Good luck! 

Independent Financial Advisers IFAs

Newstead Clark Financial Services Ltd

139 Hagley Rd, Birmingham B16 8UA, UK – 0121 452 1511

Great customer service and sound advice from Rob, backed up by his excellent administration team.

Rob has always been there for us giving excellent advice whenever we need it. Highly recommended by my partner and I

Clear Solutions Wealth & Tax Management Ltd (Birmingham)

114 The Argent Centre/, 60 Frederick St, Birmingham B1 3HS, UK – 0121 631 3519

I have recently been looking at the financial planning process and seeking a firm that delivers this in a comprehensive manner. Having reviewed several providers and looked at the depth of financial planning undertaken, I was impressed by the professionalism and comprehensive process being proposed by Clear Solutions. This sets them apart from other providers and offers me a comprehensive look into the future in terms of financial planning.


45 Church St, Birmingham B3 2RT, UK – 0121 212 5700

Good trustworthy financial advisers


2 St Philip's Pl, Birmingham B3 2RB, UK – 0121 607 8033

Great and prestigious bank to bank with and there is always some one to speak to.

Investec Wealth & Investment Birmingham

International, the colmore building, 20 Colmore Circus Queensway, Birmingham B4 6AT, UK – 0121 232 0700

Quilter Cheviot Birmingham Office

Two Snowhill, Birmingham B4 6GA, UK – 0121 212 2120

Investment Companies - Business Angels

Ikos Investments Ltd.

Branston Court, Branston St, Birmingham B18 6BA, UK – 0121 247 6832

I have several Properties managed by Ikos. They are always managed well and tenant problems are actioned quickly. The Ikos team always offer a professional service and keep me informed and updated on any changes and issues with my properties. They always manage to find excellent tenants due to their rigorous vetting procedures, I would highly recommend Ikos to other landlords looking to take away the headache and stress of letting their properties

I just want to say Ikos have been magnificent regarding major maintenance issue i had with one of my properties which involved coordinating various tradesmen to rectify all the issues to help get the property back on the market as quick as possible. Ikos took away all the stress and frustrations that could have appeared had it not been for the excellent can do attitude of the Ikos team and their methodical approach. I hope to continue this great partnership with Ikos and recommend other landlords to use Ikos for all their letting needs.

Claremont Property Group

Unit 25, Lee Bank Business Centre, 55 Holloway Head, Birmingham B1 1HR, UK – 0121 236 3310

An inspiring and very proactive company who never fail to deliver n exceptional service every time. The staff are extremely helpful and friendly and nothing is too much trouble for them. I would highly recommend them

Claremont were great i needed advice on mortgages and the sales process staff were very helpful and guided me through the whole process. They were quick to respond and always followed up on my requests.

GBR Phoenix Beard

The Exchange, 19 Newhall St, Birmingham B3 3PJ, UK – 0121 200 4500

What is this place?