Financial Advisor Aberdeen

Aberdeen Independent Financial Advice & Investment

Financial Advisor Aberdeen Scotland (AB10): If you're in search of financial advice for the very first time, trying to locate a good independent financial advisor in the Aberdeen area can be a challenging experience. Nevertheless, all professional financial advisors have one thing in common; they must all follow the regulations laid down by the Financial Conduct Authority, regardless of whether you are searching for pensions, investments, mortgage or even insurance advice. Any advice given from a FCA authorised financial advisor in Aberdeen comes with certain guarantees that should things go awry, you can get in touch with the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.

Free Aberdeen Financial Advisor Quotes

When choosing a financial advisor in Aberdeen, a decent starting point could be relatives and friends, however you must bear in mind that your circumstances might not be the same as theirs, and you might be in need of a different type of advice. Financial advice should be individually tailored to your particular circumstances, and you will discover that some financial advisors may not be appropriate for your requirements. Choosing a financial advisor is an important decision and it is a good idea to talk to at least three different firms so as to investigate the options they can offer, and to find one that you feel comfortable with and can trust.

Financial Advisor Aberdeen Scotland (AB10)

There are 2 principal types of financial advisor in Aberdeen; restricted advisors and independent financial advisors. An IFA will not be restricted to a single provider's products and services. Independent financial advice should be provided in an unbiased way and across the entire spectrum of financial companies and products. Using an IFA should permit you to choose between the widest possible array of products. A restricted advisor could be concerned with a single product, as with a mortgage advisor, or be restricted to products and services from a particular provider.

Before accepting you as a client, any Aberdeen financial advisor must be transparent about their charges, as demanded by the FCA. You could be charged a set fee, by the hour or perhaps even a percentage of your investment, in accordance with type of product you're looking for. To enable you to discuss your objectives and find out if the advisor is the proper choice for your situation, you may be offered the possibility of a free initial consultation. If you use one of the bigger Aberdeen firms, your account may be handled by a team of advisors rather than one person.

Financial Advisors Aberdeen UK (01224)

To outline your financial situation and ambitions to the advising firm, you will have to fill out a "Fact Find" form, which is a confidential disclosure document. An Initial Disclosure Document, or Key Facts Document will also be given to you, to provide information on the financial advisors themselves, detailing the scope of their permissions in the financial sector and their situation for offering restricted or independent advice. Your own rights will also be set out in this document, along with the possible options you can take if you need to submit a complaint because you're not satisfied with the service you're given. It should outline exactly what you are signing up for, and any potential benefits and risks that exist if you decide to accept the advice offered, and it should be written in clear language. The Key Facts Document must also tell you about the level of cooling-off period. Within a specific number of days, this allows you to cancel the agreement with your financial advisor.

The very first time you are speaking to the financial advisor make sure you check what experience and qualifications they have. After all you are on the verge of entrusting your long-term financial wellbeing to their skill, so you shouldn't be self-conscious about asking these questions. A Level 4 qualification is the minimum certification for any Aberdeen financial advisor, and they also have to be able to provide you with an annual Statement of Professional Standing. Don't panic if your particular financial advisor's name does not show up on the Financial Services Register, so long as the company is on the register, their advisors will be covered by the regulations. If they are unable to present this evidence, the person cannot offer advice but is able to offer financial guidance. Guidance differs to advice as it's not regulated in the same way, and if mistakes are made there will probably be no recourse to either party.

Financial Advisor Quotes in Aberdeen Scotland

You'll be asked about the amount of risk you're willing to take, if you are seeking advice on investing money. Many investments carry some element of risk, but higher risk investments could potentially offer higher rewards, and also more likelihood of losing some or all of your capital. Good investment and financial advice will take you savings goals into consideration, i.e. how quickly you need access to your money, how much you wish to invest and long or short term investments. "How much can you actually afford to lose?" Is the one important question that you should really be asking yourself. This may well influence the products and services that you are offered, and is known as your 'capacity for loss'.

Financial Advice Near Aberdeen Scotland

If you already have any current investments, mortgages, savings or regular outgoings, you should tell your financial advisor about these. To ensure that you get the most appropriate advice for you, they need to have a full and clear picture of your financial circumstances. Reliable financial advice should allow for diversifying your investments and savings by spreading the risk across different products. A professional financial advisor in Aberdeen will have the knowledge of the best areas to consider, which reflect your goals and your financial situation.

Your financial advisor will communicate in as plain a speech as possible, while revealing the complex world of finance. This will permit you to compare services and products which meet your needs, and come to an informed decision. If the environment is at the forefront of your mind, you could even ask that ethical savings and investments take top priority. This does not just give you investment opportunities, but also allows you to support zero carbon or green energy projects, and avoid businesses and companies that do not share the same values as you.

It can prove hard to manage your work life and other obligations around working closely with a financial advisor in Aberdeen. To allow you to seek advice at times that suit you, face-to-face meetings can be augmented with telephone and video conferencing. Any experienced financial advice company in Aberdeen will have rigorous measures in force to keep your details secure and confidential, even if you rarely have a face-to-face meeting with your personal advisor, because remote and home working is no longer unusual.


Investments can just as easily go down as well as up, because the financial sector can be unpredictable. If it happens that your investment isn't making as much money as you hoped for, it can be a frustrating and stressful time. Regrettably, a downward spiraling of your investment isn't a recognised basis for complaint, unless it is owing to misleading or incorrect information from your advisor.

Independent Financial Advisor Near Aberdeen (AB10)

Any complaints should start with the company's complaints procedure as detailed in the Key Facts Document. If the matter is unsolved within the time schedule set by the regulating body, and the advisor is registered with the FCA, you can get in touch with the Financial Ombudsman.

After looking into the cause for complaint, the Financial Ombudsman will come to a decision on the issue. If it is found that the complaint is justified, a decision will be made on how the client can be financially compensated. Once the decision is accepted by the client it becomes a legally binding decision that the advisor and their company, must abide by. Any compensation laid down by the Ombudsman will also account for any inconvenience, trouble, distress and upset caused to the client during the dispute.

Book a Financial Advisor in Aberdeen UK

Financial advice can be provided in Aberdeen and also nearby in: Persley, Westhill, Mannofield, Danestone, Nigg, Dyce, Woodside, Kairnhill, Mastrick, Northfield, Old Aberdeen, Altens, Kittybrewster, Torry, Kingswells, Ruthrieston, Milltimber, Hayton, Kincorth, as well as in these postcodes AB10 1RJ, AB10 1TT, AB10 1UR, AB10 1AH, AB10 1JE, AB10 1AU, AB10 1TP, AB10 1HE, AB10 1JL, AB10 1WF. Local Aberdeen financial advisors will likely have the postcode AB10 and the phone code 01224. Checking this will confirm you access local financial advisers. Aberdeen householders can utilise these and various other similar services. Simply click the "enquiry" banner to get info on financial advisors in your location.

Aberdeen Financial Advice Services

Financial Advice Tasks Aberdeen

There are a whole host of services that can be provided by your local Aberdeen financial advisor including stakeholder pensions in Aberdeen, will writing services Aberdeen, ethical investments Aberdeen, long term care fee planning Aberdeen, business protection, pension transfer advice, pension advice, bereavement benefits in Aberdeen, portfolio management in Aberdeen, family income benefit in Aberdeen, independent financial advice Aberdeen, general financial planning, life assurance, personal financial planning in Aberdeen, corporate bonds, mortgage advice Aberdeen, equity release, annuities Aberdeen, cashflow analysis, life insurances Aberdeen, business planning, financial analyst services Aberdeen, pension reviews, cash flow modelling, financial services in Aberdeen, income protection advice Aberdeen, retirement advice, wealth management in Aberdeen, tax advice, critical illness cover Aberdeen, and more. Listed are just a handful of the duties that can be handled by a financial advisor. Aberdeen professionals will inform you of their full range of services.

Skills and Knowledge Required by a Financial Advisor

  • To be good at promoting services and products.
  • A thorough understanding and knowledge of economics and accounting associated with financial markets and products.
  • To have the ability to network and establish solid relationships with customers.
  • To be goal driven.
  • Good management skills for negotiating product prices.
  • Excellent skills in customer service for establishing customer needs and requirements.
  • To have the ability to listen attentively
  • To have good IT skills.
  • An excellent level of math knowledge for developing financial plans.
  • Outstanding verbal communication skills.
  • To be thorough and pay attention to detail.

A Financial Advisor's Everyday Tasks

  • A financial advisor produces comprehensive financial reports.
  • A financial advisor keeps fully up to date with law changes and new products.
  • A financial advisor speaks with customers about their finances and plans.
  • A financial advisor recommends the financial products that are best-suited to customers.
  • A financial advisor provides consultation, counselling and education regarding investments and finances.
  • A financial advisor meets targets for performance and sales.
  • A financial advisor works together with associates to collect market information, trends and statistics.
  • A financial advisor keeps a record of customers and transactions.
  • A financial advisor negotiates with financial product providers.
  • A financial advisor updates customers concerning their investments.

Financial Advisors Scotland

Advisor Investment Financial Advisor Scotland Financial Advice Services Financial AB10 Aberdeen Advisors 01224 Advisers Advice

In the Scotland area you'll also find: Alford independent financial advisors, Balmullo independent financial advisors, Leslie financial advisors, Kincardine financial advisors, Keith financial advisors, Aboyne independent financial advisors, Dunkeld financial advisors, Airth investment advice, Killearn financial advisors, Cockenzie financial advisers, Coldstream financial advice, Alyth financial advisors, Chryston financial advisors, Keith pension advice, East Wemyss pension advice, Bishopton independent financial advisors, Carnwath investment advice, Boddam investment advice, Mauchline independent financial advisors, Letham independent financial advisors, Whithorn financial advice, Errol financial advice, Ashgill independent financial advisors, Moffat financial advice, Ullapool financial advisor, Erskine investment advisors, Shieldhill financial advisors, Kingseat financial advice, Luncarty financial advice, Banknock financial advisors.


Financial Advisors Near Aberdeen

Also find: Woodside financial advisors, Persley financial advisors, Kairnhill financial advisors, Old Aberdeen financial advisors, Danestone financial advisors, Dyce financial advisors, Kittybrewster financial advisors, Torry financial advisors, Northfield financial advisors, Mastrick financial advisors, Westhill financial advisors, Kincorth financial advisors, Altens financial advisors, Milltimber financial advisors, Ruthrieston financial advisors, Kingswells financial advisors, Mannofield financial advisors, Hayton financial advisors, Nigg financial advisors and more. Most of these areas are catered for by local financial advisers. Aberdeen residents can get estimates by clicking here.

Aberdeen Financial Advice Services

Find a Financial Advisor in Aberdeen Here
Financial Advice Enquiries in Aberdeen Scotland (01224)
  • Aberdeen Financial Advice
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  • Aberdeen Investment Advice
  • Aberdeen Financial Advice Quotations
  • Aberdeen Estate Planning
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  • Aberdeen Cashflow Analysis
  • Aberdeen Corporate Financial Planning
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Financial Advisors Around Aberdeen: Households in Hawthorn Crescent, Caroline Place, Abergeldie Road, Farquhar Road, Invercauld Road, Corndavon Terrace, Countesswells Crescent, Marine Terrace, Pocra Quay, Bayview Road South, Eday Crescent, Craigielea Gardens, Dancing Cairns Crescent, Great Western Road, Gairsay Road, Coach House Cottage, Pentland Road, Rosewood Avenue, St. Ninians Court, Westholme Terrace, Brimmond Place, Kettlehills Road, Wavell Crescent, Picktillum Avenue, Invercauld Place, Beechwood Avenue, Hutcheon Low Place, Fernhill Drive, Diamond Lane, Gray Street Mews, have needed financial advice recently. Financial advisors have also been active in the following local Aberdeen postcodes: AB10 1RJ, AB10 1TT, AB10 1UR, AB10 1AH, AB10 1JE, AB10 1AU, AB10 1TP, AB10 1HE, AB10 1JL, AB10 1WF. Folks residing in these local areas recently needed help from a financial advisor. Aberdeen residents benefited from trusted and reliable financial services on every occasion.

To find out local info about Aberdeen, Scotland go here

Financial Advisor Jobs Aberdeen: Find financial advisor jobs in Aberdeen by going here: Financial Advisor Jobs Aberdeen

Independent financial advisor in AB10 area, (dialling code 01224).

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(This financial advisor Aberdeen content was reviewed and updated on 01-09-2022)