Financial Advisor Aberdeen

Aberdeen Independent Financial Advice & Investment

Financial Advisor Aberdeen Scotland (AB10): It can be a daunting experience trying to locate a first-rate independent financial advisor in the Aberdeen area, especially if it's the very first time that you're needing financial advice. Whether it's investments, pensions, mortgage or even insurance advice that you are searching for, there is one common rule for all financial advisors; they must all follow Financial Conduct Authority regulations. This comes with various guarantees, so after taking advice from a FCA certified financial advisor in Aberdeen, you can seek reparation from the Financial Ombudsman or the Financial Services Compensation Scheme, if anything goes awry.

Free Aberdeen Financial Advisor Quotes

Recommendations from friends and family can be a good starting place in choosing a financial advisor in Aberdeen, but remember that their circumstances could be different to the type of advice you're looking for. Their advice needs to be personalised to your unique situation, and not every financial advisor is suitable for everybody. It is a good idea to talk with at least 3 different firms when you are selecting a financial advisor, as this is a big decision, and you'll be looking to find one that you feel comfortable with and can trust, and explore the various options they can provide.

Financial Advisor Aberdeen Scotland (AB10)

When it comes to picking a financial advisor in Aberdeen, there are two principal types; independent financial advisors and restricted advisors. The advantage of seeing an independent financial advisor is that they will not be restricted to the products and services of just one provider, and can offer a more extensive range of options. Independent financial advice must be provided in an unbiased way and across the whole gamut of financial products and companies. Consulting an IFA should allow you to choose from the widest possible range of services. If you go to a restricted financial advisor you will discover that they might be restricted to products and services of one particular firm, or as with a mortgage advisor, might only be involved with one individual product.

Before any financial advisor in Aberdeen accepts you as a client, they're required by the Financial Conduct Authority to fully discuss their charges with you. Although it varies in accordance with the kind of service or product you are looking for, there may be a set fee, an hourly rate, or you might even be charged a proportion of what you are investing. To enable you to discuss your aims and see if the advisor is a right fit for your situation, you may be offered a free first consultation. Your account might be looked after by a team as opposed to a single advisor, if you opt to use one of the bigger Aberdeen firms.

Financial Advisors Aberdeen UK (01224)

To outline your ambitions and financial situation to the advising firm, you will have to fill out a "Fact Find" document, which is a confidential disclosure form. To provide details about the financial advisor, their status to offer restricted or independent advice and the scope of their permissions in the financial sector, you will also be handed a Key Facts or Initial Disclosure Document. Your legal rights should also be spelled out in this document, along with the possible options you can take if you wish to make a complaint because you aren't happy with the service you're given. It has to be typed out in plain language and detail what you're committing yourself to, and any potential benefits and risks if you choose to take the offered advice. This document will also inform you of the allowed cooling-off period. Within a certain time period, this enables you to cancel your agreement.

The very first time you are speaking with the financial advisor make sure you check what experience and qualifications they have. After all you're just about to entrust your financial future to their expertise, so you shouldn't be embarrassed about asking these questions. A Level 4 qualification in financial advice is the minimum qualification for any financial advisor in Aberdeen, and they must also be in a position to show an annual Statement of Professional Standing. You don't need to stress if your financial advisor's name does not appear on the Financial Services Register, as long as the company is listed on the register, their advisors will be covered by the legislation. If these cannot be provided the individual may still offer financial guidance instead of financial advice. In financial terms guidance is somewhat different to advice and is not regulated. Therefore there isn't any recourse for the client if financial errors are made.

Financial Advisor Quotes in Aberdeen Scotland

If it's investing money that you are interested in, the advisor will need to know the level of risk you might be willing to take on with your hard-earned cash. Higher rewards may be possible with high risk investments, however you stand a greater chance of losing some or all of your money. In order to get the most effective financial and investment advice, your savings goals will need to be given careful consideration, i.e. how much you wish to invest, how rapidly you need to access your funds and short or long term investments. One question you should ask yourself, which is frequently overlooked, is just how much you can afford to lose. Known as your 'capacity for loss', this will quite likely have an effect on products and services that you're offered.

Financial Advice Near Aberdeen Scotland

Right from the start, it is important to let your financial advisor know about any existing investments, savings accounts, regular outgoing payments or mortgage loans that you have. To ensure that you get the most suitable advice for you, they need to have a clear and full picture of your financial circumstances. Sound financial advice should allow for diversifying your investments and savings by spreading the risk across various products. With an understanding of the best areas to consider, a seasoned financial advisor will concentrate on products that most closely fit in with your goals and financial situation.

Communicating in in the simplest terms possible, your financial advisor will unmask the multifaceted world of investment and finance. After comparing the various services and products that meet your needs, you should be in a position to make an informed and calculated decision. You could perhaps ask your financial advisor only to specify ethical investment and savings schemes. You will then be able to keep clear of corporations that businesses meet your standards, but instead lend your support to those firms and organisations that match your concerns, for example renewable energy or zero carbon.

It can prove challenging to manage your work day and other responsibilities around working closely with your financial advisor in Aberdeen. One-on-one appointments can be complemented with telephone and video conferencing to allow you to get advice at times that suit you. Even if you rarely have an in-person meeting with your advisor, a competent financial advice firm in Aberdeen will have rigorous measures in place to ensure your details are kept secure and confidential, because working from home and remote working is now so common.


Investments can be a volatile area, and their values could fall as well as rise. If it happens that your investment fails to make as much money as you were hoping for, it can be an extremely worrying and frustrating time. Unfortunately, your investment having a downward trend isn't a recognised grounds for complaint, except if it's due to misleading or incorrect information from your advisor.

Independent Financial Advisor Near Aberdeen (AB10)

The firm's official complaints procedure should be the starting place for any grievances, and the Key Facts Document should discuss this. If the issue is unsolved within the time-frame set out by the regulating body, and the advisor is registered with the Financial Conduct Authority, you can notify the Financial Ombudsman.

The Financial Ombudsman will come to a decision after independently reviewing the cause for complaint. If the complaint is justified, a decision is made on how to financially compensate the customer. 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 set by the Ombudsman will also take into consideration any annoyance, inconvenience, distress and trouble caused to the customer during the dispute.

Book a Financial Advisor in Aberdeen UK

Financial advice can be provided in Aberdeen and also in: Northfield, Danestone, Milltimber, Kairnhill, Hayton, Kingswells, Altens, Westhill, Mannofield, Persley, Nigg, Old Aberdeen, Torry, Mastrick, Woodside, Kittybrewster, Ruthrieston, Kincorth, Dyce, together with these postcodes AB10 1FW, AB10 1TX, AB10 1UA, AB10 1SB, AB10 1RW, AB10, AB10 1RS, AB10 1TE, AB10 1AJ, AB10 1BE. Local Aberdeen financial advisers will likely have the postcode AB10 and the telephone dialling code 01224. Checking this will make sure that you access locally based financial advisers. Aberdeen home and business owners will be able to utilise these and many other comparable services.

Aberdeen Financial Advice Services

Financial Advice Tasks Aberdeen

There is a wide range of services which are provided by your local Aberdeen financial advisor including bereavement benefits Aberdeen, mutual funds, business planning in Aberdeen, wealth management & investments Aberdeen, unit trusts, life insurance advice, income protection, family income benefit, financial planning Aberdeen, portfolio management, pension transfers, bridging finance in Aberdeen, equity release advice, general financial planning Aberdeen, business protection Aberdeen, money planning, cheap financial advice Aberdeen, investment reviews, trusts in Aberdeen, divorce planning Aberdeen, pension advice in Aberdeen, cash flow modelling, pension planning, familt controlled trusts, pension drawdowns, retirement planning, investment consolidation in Aberdeen, cashflow planning Aberdeen, investment bonds, trustee investment services, and lots more. These are just an example of the tasks that can be undertaken by a financial advisor. Aberdeen professionals will tell you about their full range of services.


Financial Advisors Near Aberdeen

Also find: Mastrick financial advisers, Mannofield financial advisers, Nigg financial advisers, Kincorth financial advisers, Woodside financial advisers, Dyce financial advisers, Northfield financial advisers, Old Aberdeen financial advisers, Kittybrewster financial advisers, Milltimber financial advisers, Ruthrieston financial advisers, Westhill financial advisers, Kairnhill financial advisers, Torry financial advisers, Danestone financial advisers, Persley financial advisers, Kingswells financial advisers, Hayton financial advisers, Altens financial advisors and more. The majority of these towns and villages are catered for by local financial advisers. Aberdeen residents can get financial advice quotations by going here.

Aberdeen Financial Advice Services

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Financial Advice Enquiries in Aberdeen Scotland (01224)
  • Aberdeen Corporate Financial Advice
  • Aberdeen Financial Advice Quotes
  • Aberdeen Life Insurance Advice
  • Aberdeen Estate Planning
  • Aberdeen Pension Advice
  • Aberdeen Cashflow Analysis
  • Aberdeen Independent Financial Advice
  • Aberdeen Retirement Advice
  • Aberdeen Financial Services
  • Aberdeen Mortgage Advice
  • Aberdeen Wealth Management
  • Aberdeen Tax Advice
  • Aberdeen Trustee Investments
  • Aberdeen Investment Advice

More Aberdeen Services: Not surprisingly, whenever you're looking at your finances in Aberdeen, Scotland, you'll probably be in need of all types of different services and apart from a financial advisor in Aberdeen, Scotland, you could additionally need estate planning in Aberdeen, wills in Aberdeen, mortgage brokers in Aberdeen, debt recovery & collection in Aberdeen, investment advisors in Aberdeen, family lawyers in Aberdeen, mortgage advice in Aberdeen, bookkeepers in Aberdeen, business financial planning in Aberdeen, property law & conveyancing in Aberdeen, solicitors in Aberdeen, payroll services in Aberdeen, contracts lawyers in Aberdeen, banruptcy lawyers in Aberdeen, accountants in Aberdeen, tax preparation in Aberdeen, business consulting in Aberdeen, and other different Aberdeen experts.

Financial Advisors Around Aberdeen: Some Aberdeen areas and roads where financial advice has recently been given - Hazlehead Crescent, Fraser Road, Abergeldie Terrace, Gardner Place, Don Place, Hilton Avenue, Aulton Court, Froghall Avenue, Printfield Terrace, Margaret Place, Raeden Avenue, Ferryhill Place, Cairncry Avenue, Dunbar Street, Castle Terrace, Newton Of Auchmill, Fara Close, Rosebank Place, Hillylands Road, Slessor Road, Donside Village Square, Ashley Lane, King Street, Woodburn Gardens, Whinhill Road, Portree Avenue, Auldearn Place, Seafield Road, Birch Road, Woodburn Place, as well as the following local Aberdeen postcodes: AB10 1FW, AB10 1TX, AB10 1UA, AB10 1SB, AB10 1RW, AB10, AB10 1RS, AB10 1TE, AB10 1AJ, AB10 1BE. People living in these areas recently requested the help of a financial advisor. Aberdeen residents received dependable and high quality financial services on every occasion.

To find local info on Aberdeen, Scotland click here

Financial Adviser Jobs Aberdeen: View financial adviser jobs in Aberdeen here: Aberdeen Financial Advisor Jobs

Independent financial advisor in AB10 area, phone code 01224.

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(This financial advisor Aberdeen information was edited and updated on 06-05-2022)