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5 Companies with the Best Financial Advisors in Aberdeen Homepage

5 Companies with the Best Financial Advisors in Aberdeen

How We Chose

Knowledge and Expertise

We made sure that these companies employ financial advisors that have extensive skills and experience in their particular fields.

Range of Services

We also rated the range of services that these different companies can provide, and how well they can execute them.

Client Satisfaction

We took into consideration how satisfied their clients are with their services, and how well their agents treat their clients.

Cost

Lastly, fees are crucial to clients and are almost always the factor that determines whether or not they want to push through with their consultation.

1. Welsh and Taylor Wealth

Welsh and Taylor Wealth Homepage

Website: https://welshandtaylorwealth.co.uk/ 

Main address: 2nd Floor, H1, Welsh & Taylor Wealth, Office 2.36, Hill of Rubislaw, Anderson Dr, Aberdeen AB15 6BL, UK

Contact information: 01224 054 404

VouchedFor4.9/5
Yell5/5
Total Reviews4.95/5
Score Consistency5/5
Knowledge and Expertise4/5
Range of Services4/5
Client Satisfaction5/5
Cost4/5

Pros

  • Popular for retirement plans
  • Leverages technology to provide best service
  • Great agent-client relationships

Cons

  • Relatively new company
  • Not suited for clients seeking more old-school methods

Launched by managing directors Martin Welsh and Kieran Taylor, Welsh & Taylor Wealth began offering their services in January 2020. Although relatively new, they have quickly become a well-sought-after company in Aberdeen.

Both founders are actually alumna of St James’s Place Financial Adviser Academy, which boasts an industry-leading financial advice training programme. The company is also led by mostly young professionals, so you can always expect bold ideas.

This is why Welsh & Taylor Wealth has flourished despite being launched just a few months before the pandemic. The team handled the situation well, and clients have reported that they have successfully used technology to their advantage.

Simplifying wealth management for their clients, the company offers a range of services and advice in many aspects. These services are divided into the building and preserving of capital, financial protection against risk, and managing cash and borrowings.

We’d say that the Welsh & Taylor Wealth service that is the most popular among clients is their retirement plans. Their agents also always make it a point to deliver great customer service and are almost never ‘sales-ey’.

Welsh & Taylor Wealth might not be the company to approach if you’re looking for more old-school methods. They are a relatively new company as well, so there aren’t many long-term results and success stories to go by.

However, they provide a breath of fresh air to the industry, and their customer service has been received well by their clients. If you want to gain a new perspective on investment and prepare for retirement, Welsh & Taylor Wealth is the way to go.

2. Skipton Building Society

Skipton Building Society Homepage

Website: https://www.skipton.co.uk/ 

Main address: 230 Union St, Aberdeen AB10 1TL, UK

Contact information: 01756 705 000

VouchedFor4.8/5
TrustPilot4.5/5
Total Reviews4.65/5
Score Consistency5/5
Knowledge and Expertise5/5
Range of Services5/5
Client Satisfaction4/5
Cost5/5

Pros

  • Award-winning services and great reputation
  • Popular for mortgage advice
  • Low-interest rates

Cons

  • Advisors are not as hands-on
  • Not the best communication

One of the oldest and proudest financial institutions on our list, Skipton Building Society was first established in 1853. Presently, they work with over a million clients in helping them reach their financial goals.

They also recently won the Mortgage Awards 2021 for the Best National Building Society, and the Moneyfacts Consumer Awards 2022 for the First-Time Mortgage Buyers’ Choice and High Street Savings Provider of the Year.

You can conclude that they’re most popular for their mortgage services from these awards, but they offer financial, investment, retirement, pension, and inheritance tax planning services as well.

Skipton Building Society is also well-known for its low-interest rates, but this also depends on what type of risk you bring as a client. They also employ hundreds and hundreds of advisors, so you’ll have a lot to choose from.

However, we suggest you choose wisely – their advisors and paperwork processes can be hit-or-miss. Some are not as hands-on, so you might be contacted more by the head office or HR rather than your personal advisor.

Keep in mind that this is often to be expected of large companies with large clientele. You should also do your own research beforehand regarding the service you need to make selecting offers and advisors a more smooth-sailing process.

Nonetheless, Skipton Building Society has an undeniably good reputation and is perfect for those looking for mortgage-related help. They are also a great company to approach for sound and proven advice that will help you in the long run.

3. AAB Wealth Chartered Financial Planners

AAB Wealth Chartered Financial Planners Homepage

Website: https://www.aabwealth.uk/ 

Main address: Kingshill View, Prime Four Business Park, Kingswells, Aberdeen

Contact information: 01224 625 111

VouchedFor4.9/5
UnbiasedCo5/5
Total Reviews4.95/5
Score Consistency5/5
Knowledge and Expertise5/5
Range of Services5/5
Client Satisfaction5/5
Cost3/5

Pros

  • Popular for taxation advice
  • Stellar customer support and responsive agents
  • Focus on sustainable investment

Cons

  • High management charges

AAB Wealth is an independent, chartered financial planning platform that’s not only based in Aberdeen but with several locations across the UK. Since 2010, they’ve become a reputable company that can help you with your individual objectives.

Accredited by the CISI, Pension Transfer Gold Standard, Chartered Financial Planners, and the Financial Vulnerability Charter. Their clientele comprises a mix of business owners, entrepreneurs, professionals, executives, and people in retirement.

Their team of advisors specialises in tax and financial planning. However, they also offer Cash Flow Modelling, retirement planning, inheritance and succession planning, and other similar services.

What we like most about AAB Wealth is that they allow clients to take a more sustainable approach to investment by focusing on reducing exposure to greenhouse gas emissions. This is slowly becoming a popular, more meaningful route for many.

They also offer excellent customer support, and advisors keep in touch regularly and are always available to answer your inquiries promptly. Clients have also reported that their forecasts have been accurate and reliable.

We do have to mention that they have pretty high management charges. Their forte also happens to be in tax – so if you have concerns other than that, it might help to keep a backup or to look into all your options.

Thankfully, the initial consultation is entirely free, so you can first get a feel of what the company is like before committing. Overall, we highly recommend AAB Wealth to professionals who want to straighten out their finances and taxes.

4. Adam Sinclair & Associates Wealth Management

Adam Sinclair & Associates Wealth Management Homepage

Website: https://partnership.sjp.co.uk/partner/adamsinclair 

Main address: St. James’s Place House, 3 Queen’s Rd, Aberdeen AB15 5YL, UK

Contact information: 07968 791 884

VouchedFor5/5
Smart Money People (St. James’s Place)4.6/5
Total Reviews4.8/5
Score Consistency5/5
Knowledge and Expertise4/5
Range of Services4/5
Client Satisfaction4/5
Cost5/5

Pros

  • Well-rounded financial advice
  • Hands-on and personalised customer service
  • Partner Practice of St. James’s Place

Cons

  • No well-known niche yet
  • Very new company

Adam Sinclair & Associates Wealth Management is a very new yet reliable company. With a limited clientele in Aberdeen, they’re able to provide a more hands-on and personalised service from their team.

Despite having just incorporated in 2021, Sinclair is not without experience – he’s been an Associate Partner at St. James’s Place Wealth Management since 2018. He has experience with retirement, pension, and investment planning, among others.

Adam Sinclair & Associates Wealth Management is also a Partner Practice of St. James’s Place and has their guarantee. The company is dedicated to ensuring its clients are well served with a long-term, relationship-based approach.

Thanks to this, communications are considered top-notch and there have been almost no complaints about the company’s current service. It’s also earned them a perfect VouchedFor rating so far.

Adam Sinclair & Associates Wealth Management offers services in inheritance, savings, retirement plans, and others. It could be said that they’re still looking for their niche, but this also makes them a bit more well-rounded than others. 

Like Welsh & Taylor Wealth, it’s hard to gauge actual results from such a young company, and only time will tell. Still, the founder’s credentials and the company’s associations with the prestigious St. James’s Place make it a very safe bet.

5. Truly Independent Limited

Website: https://trulyifa.co.uk/ 

Main address: Forsyth House, 93 George Street, Edinburgh, UK

Contact information: 01228 587 588

VouchedFor rating: 4.9/5

VouchedFor4.9/5
Yell5/5
Total Reviews4.95/5
Score Consistency5/5
Knowledge and Expertise4/5
Range of Services4/5
Client Satisfaction5/5
Cost5/5

Pros

  • Well-rounded service offerings
  • Value-added services available
  • Free use of the Vero app

Cons

  • Not all advisors are based in Aberdeen
  • Prior research is required to find a suitable advisor

Truly Independent Ltd was formed in 2010 as a firm of experienced independent financial advisors. They value the freedom independent advice can bestow unto clients, as it allows for innovative thinking and finding the best possible financial solutions.

Depending on the advisor you choose to proceed with, you can avail of advice services on pensions, investments, protection, mortgages, retirement, tax, and even corporate planning. Consider them a jack of all trades, thanks to their extensive roster of advisors.

You can also choose to upgrade with their Truly Asset Management services, which can help you diversify your portfolio especially if you’re an investor. If you’re in retirement, Truly Private Clients (TrulyPC) provides a unique trading style and ongoing support 

Truly Independent Ltd also offers the Vero app, which is a fully integrated investment platform. Both the web portal and Vero app allow clients to access their investments in one place, share documents with their advisors, and see their financial standing.

Because they have advisors located across the UK, there is a limited selection of advisors solely based in Aberdeen. The company also gives its advisors the freedom to offer their own niche services.

That said, you’ll have to do your own research beforehand – but you can also simply contact them for details. It may take some time for you to find an Aberdeen-based professional that can give you the exact service that you need.

However, Truly Independent Ltd has had high ratings and positive reviews, so it’s likely worth the hunt. Their fees are also priced low to mid-range, which makes them a fantastic choice.

FAQs about Financial Advisors in Aberdeen

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