Investment advice UK is a financial service from an adviser or firm that helps individuals with their investments. The service may be standalone or included within a holistic financial plan. There are two types of advisers: independent and restricted. Independent advisors can consider the whole range of products available to meet their clients’ needs and objectives. They can be called an independent financial adviser or IFA.Resource: theinvestorscentre.co.uk

ESMA explains that a recommendation which is made exclusively to an individual person during training or courses would constitute investment advice. This is because the firm would gather information on the particular circumstances of that individual during these sessions and present them with a specific product that could fit those specific circumstances.

Understanding ISAs: A Guide to Tax-Free Investments in the UK

An adviser can charge a fee for their services, this can be a flat rate, a percentage of the amount invested or a combination. It is important to know how much an adviser will charge before you engage with them.

American expats can find it challenging to get investment advice in the UK due to regulatory complexities and banking policies. Some investment firms have a policy not to work with Americans. A hybrid adviser is an option for US ex-pats, offering a mix of personalised investment advice, expert management and cost efficiency.