Seeking professional advice from a qualified financial adviser is often a shrewd move in getting the most out of your money. Yet many of us may be at a loss on what we should consider when choosing a financial adviser in Cardiff.

Here are some key questions to ask yourself when making a decision.

Has your chosen adviser been approved by the Financial Services Authority?

Before you pay for or receive any advice, it is a good idea to check with the FSA. Avoid firms that aren't registered. All reputable companies should register with the FSA.

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What are the charges for advice?

While most advisors offer a complimentary initial consultation, it is important to fully understand the future costs and decide if they will be paid on either a fixed fee or commission basis.

Do you see yourself building a relationship with your adviser?

Trust is essential. Trust is important. Your financial advisor may help you make the most important financial decisions in your life.

After you've answered these questions, and chosen a financial advisor that suits your needs, it is important to keep in touch with your adviser to make sure you understand how your money works.

With a wide range of products and services available, the financial world is getting more complex. You can find advice about pension plans, annuities, and investments as well as any other financial decisions that affect you or your company.

You can find a trustworthy independent financial advisor in Cardiff to help you explore all of the options.