Should I be at all worried?

If I didn't know anything about a financial advisor *except* that he drives a porsche, I would look for a different financial adviser, just because I think driving a fancy car *might* mean that someone is not financially sensible.

That said however, if I already had a financial adviser that I was happy with, I wouldn't be concerned if I found out he drove a porsche.

The real reason to worry about your financial advisor is if he works for you for "free". That means he's being paid in commissions from the investments he puts you in, which means he's likely to select those investments based mainly on how much money they'll make for *him*, instead of for *you*.

The only kind of financial adviser you should have is a fee-based one, who takes no commissions and who gets money only from his clients.

No. I wouldn't worry about the car, but it sounds like this might be your excuse to not like this person.

Would you rather have a FA come over in a cheap suit and cheap car? We would probably prefer someone in the middle upper class: dressed nice with a mid tiered Lexus?

Does the financial plan "he" creates match your investment profile/goals?

Ask for refererences.

yes, I would be worried.

His car , and maybe his house, yacht, vacations, and other toys are being paid for by his income. Guess who generates income for him? You along with his other clients.

If he is working on commission from the investment products he sells - that is a huge red flag. It means that he would be more concerned to sell you products with the highest return for him, and usually that is to your detriment.

A fee only Financial Consultant is by far a better bet. Best is to do it yourself by learning all about the investment world, and open a self directed account.

worried very worried because its people like you that fund it. in this day and age you need to put all your money into uk bank accounts. 4 yrs gets you around 4% safe g/teed don't need a financial adviser! don't take risks.

You SHOULD BE WORRIED. I have it on good authority, that he & his Porsche have yours (and others money), and is heading to 'parts unknown'.

I wouldnt be worried about what he drives. I would be concerned with what his clients drive.