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Best financial advisor Cork and Munster

We ran the rule over financial advisors right across Munster to come up with the best financial advisor Cork and Munster.

The best financial advisor Cork and Munster recommendation is based on the moneysherpa’s 4 financial advisor tests. 

  • Are they competent? – What returns have they delivered for clients and what is their experience.
  • Are they comprehensive? – Do they offer the best funds available in the market.
  • Are they compromised? – Are their incentives aligned with their clients.
  • Are they cheap? – Are they cost effective versus other advisors in the market.

These tests are based on our deep research into the key things that make the best financial advisor. Before even getting on our best financial advisor list we also check for authorisation, qualifications, indemnities and complaints.

We don’t currently have enough data to make a best financial advisor Cork and Munster recommendation, but check back soon as we are expanding our reviews all the time.

The best financial advisor for you will also depend on your particular advice needs. Read on if you want to know which Cork and Munster financial advisors rated best for each type of investor.

Our best financial advisors Cork and Munster by type

4 things to look out for when choosing the best financial advisor Cork and Munster

How do moneysherpa rate financial advisors Cork and Munster?

Best financial advisor Cork and Munster, the verdict

We have also reviewed best financial advisors by region here.

financial advisor cork

Our best financial advisor Cork and Munster by type

A recent study by Forrester split people seeking financial advice into three broad types [2]

  • DIY’er, confident in financial ability and happy to go it alone.
  • Validator, confident in overall financial direction, but wants to check and fine tune with advice.
  • Delegator, less confident or time poor, but know financial planning is important so outsource it to someone they can trust.

Here’s our recommendation for each type seeking advice so you can work out the right advisor for you.

  • Best financial advisor Cork and Munster overall – TBC
  • Best financial advisor Cork and Munster for validators up to €2M with mainstream investment needs – TBC
  • Best financial advisor Cork and Munster for delegators with needs up to €2M – TBC

Here’s how the ratings broke down in each of our categories, the key data for each financial advisor and the key reasons we selected each category winner.

Best financial advisor Cork and Munster overall

We don’t currently have enough data to make a best financial advisor Cork and Munster overall recommendation, but check back soon as we are expanding our reviews all the time.

Best financial advisor Cork and Munster for validators with mainstream needs & for delegators

If you want someone to just take care of your money choices for you or value having a sounding board to check you are doing the right thing, then these providers are for you. 

If you are looking to invest in the major asset classes, such as the stock market, bonds, commodities and property, the recommendations here are also a good fit. 

However, if you don’t need to eyeball someone to validate your financial choices and are happy to go it alone you can go straight to our DIY’er recommendations below.

In this category the most important thing is the investment performance. The advice from your advisor will play a big part in the investment decisions you make. 

We don’t currently have enough data to make a best financial advisor Cork and Munster validators and delegators recommendation, but check back soon as we are expanding our reviews all the time.

Best financial advisor for DIY’ers

If you are an experienced investor or are comfortable with managing your money without financial advice then a self directed investment platform or roboadvice platform may be a better fit for your needs. Roboadvice platforms available in Ireland are limited currently, so the best option currently is probably a self directed investment platform.

As you are making your own decisions then your best option will be a comprehensive platform giving you the flexibility you need, coupled with on-going low charges.

There are many options available offering varying degrees of comprehensiveness and cost, including degiro.ie, interactive investor and davyselect.

4 things to look out for when choosing the best financial advisor Cork and Munster

The quality of advice you receive can make a big difference to your financial outcomes and therefore your life outcomes. So it is an important decision which is worth researching carefully.

There is a wide variety of advisors and advisor types out there, here are some key things to look out for.

Are they competent?

Is the advice you are going to get any good. Although it’s by no means perfect, the best way to judge this is on their track record. For example, how have the funds they have invested current clients actually performed versus the market. What is the experience of the advisor and investment team.

Are they comprehensive?

If they are a multi, restricted or tied agency what range of options do they have available. Have they got access to a wide range of funds and how did they pick them? It might be that they are only restricted in products that aren’t relevant or that they have weak options where it matters to you. 

Are they compromised?

In Ireland commissions are still allowed, but commissions have to be shared with clients. Does the commission your advisor receives potentially sway their advice or does it align with your interests as a customer? 

Are they cheap?

Given the importance of getting good advice and its potential impact on your financial outcomes,  this is the least important of the 4 factors. However, if the advisor is competent, comprehensive and not compromised why not drive a hard bargain before signing up? Often advisors have some flexibility on the pricing they first propose to you.

How do moneysherpa rate Cork and Munster financial advisors?

At moneysherpa, we weight the 4 criteria above, plus some additional ‘hygiene’ factors to come up with an overall recommendation score for each advisor in your area.

  • Competence (40%): Based on past performance and advisor experience. 
  • Comprehensive (30%): Based on access to the best funds and financial instruments.
  • Compromised (20%): Based on the alignment between your interests and the advisor.
  • Cheap (10%): Based on pricing data collected by the moneysherpa team. 

Hygiene: Based on authorisation, indemnification, complaints data and qualifications

To feature on our best financial advisor lists agents have to pass all of our ‘hygiene’ tests.

Best financial advisors Cork and Munster, the verdict

Whether you are a DIY’er, Validator or Delegator we hope this article helped you cut through the fog around financial advisors in Cork and Munster and help you choose the right option for you.

We don’t currently have enough data to make a best financial advisor Cork and Munster overall recommendation, but check back soon as we are expanding our reviews all the time.

We have also reviewed best financial advisors by region here.

Best Financial Advisors

We review financial advisors on competence, comprehensiveness, independence and price. 

moneysherpa recommended advisors stand out from the crowd.

  • 6%+ Funds Growth Per Year
  • Strong Selection of Leading Funds
  • Qualified & Experienced Teams

Click below to get in touch with one of our recommended advisors.

 

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