When you get together with friends, it’s likely that you catch up with what’s new in their and your lives. In addition to this, you may chat about a wide range of topics that may include politics, films, places to eat, holiday destinations, hobbies, and mutual interests.
Sharing our thoughts and experiences, as well as our aspirations, is often what binds friendships together. As a result, we learn to trust and value the opinion of those we call friends, safe in the knowledge that they have our best interests at heart and are always there when we need them.
Another, lesser-known way that you can show a friend that you care about them and what happens to them could be to recommend your financial adviser to them. Read on to discover three reasons why.
1. You want them to enjoy the best life that they can
We all have aspirations and goals in life, and it’s likely your friends are always on hand to provide moral support as you strive towards them. Similarly, it’s likely that you’ll be there for your friends as they work towards their dreams.
Recommending your adviser, however, may provide actual as well as moral support and demonstrate to your friends that you are there to help them turn their dreams into their reality. A financial adviser can help your friends to make the most of their wealth, whether that’s by increasing their money’s growth potential or showing them how they might be more tax efficient.
Furthermore, an adviser could help your friends to understand how much risk their money is exposed to and whether it’s the right amount for them. While exposing their wealth to too much risk might be damaging for their wealth, so could not exposing it to enough, as long-term growth typically comes from higher-risk assets, such as stocks and shares.
As such, an adviser could help your friends maximise the growth potential of their money while enjoying peace of mind that their money is exposed to a level of risk they are comfortable with. This, together with increased tax efficiency and greater potential growth, could help your friends to achieve their aspirations and enjoy a better quality of life.
2. You want them to have peace of mind
Being there to offer your friend moral support if the unexpected and unwanted happens to them is always going to be appreciated. This could include, for example, being diagnosed with a serious illness and having to take time off work to recover.
While employers may continue to pay you while you’re having treatment and recovering, they are not legally obliged to do so. As such, some businesses will not pay those who are off work due to a serious illness, which could put the employee’s financial security at risk.
If you have a friend whose employer would not pay them, referring them to your financial adviser could be an excellent way to show that your friend’s welfare matters to you. This is because an adviser can set up life or income protection, which could help to ensure your friend, and their family, maintain their lifestyle if the unexpected happens.
As a result, they can enjoy peace of mind thanks to your decision to recommend your financial adviser to them.
3. You genuinely have their best interests at heart
As you have worked with your financial adviser, you know that they are trustworthy and a safe pair of hands when it comes to your wealth. In addition to this, you know they have your best interests at heart.
Recommending your adviser means your friend can rest easy that they are dealing with someone who is demonstrably capable and can be trusted to do the right thing. It also saves them the stress of having to find an adviser by themselves, which can take time and may result in a choice they later regret.
Referring your friend to your adviser means that the financial wisdom that you have gained can be enjoyed by them too. Consequently, they could be better placed to make the right decisions with their money.
Get in touch
As you can see, referring your friends and family to your adviser really can show them that you care. This could be especially true if they are going through a life event that might create a lot of uncertainty, such as the death of a loved one, marriage, divorce, or the birth of a child.
Because we are one of the UK’s largest truly independent financial advice companies, we’re here to help you and your friends get more from your wealth. If you would like to discuss your options, please call us on 0333 010 0008 to arrange a no obligation initial meeting with one of our independent financial advisers.
10 June 2025