Financial Advisor Andover

Andover Independent Financial Advice & Investment

Financial Advisor Andover Hampshire (SP10): Finding a reliable independent financial advisor in the Andover area can be a daunting experience, particularly if you are seeking financial advice for the first time. However, all financial advisors have one thing in common; they must all conform to the regulations set by the FCA (Financial Conduct Authority), whether you're after pensions, mortgage, investments or even insurance guidance. This comes with various guarantees, so after getting advice from a FCA certified financial advisor in Andover, you can seek reparation from the Financial Ombudsman or the Financial Services Compensation Scheme, if anything goes wrong.

Free Andover Financial Advisor Quotes

Recommendations from friends and neighbours can be a good starting place in picking a financial advisor in Andover, but remember that their situation may be different to the kind of advice you are looking for. Every financial advisor is not suitable for everyone, and any advice they provide needs to be adapted to your specific circumstances. It is a good idea to talk with at least 3 different companies 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 check out the various options they can provide.

Financial Advisor Andover Hampshire (SP10)

There are two principal types of financial advisor in Andover; independent financial advisors and restricted advisors. Offering a wider range of options, an IFA should not be confined to a single company's services or products. Independent financial advice should cover the whole spectrum of financial products and companies, and must be offered in an impartial way. If you elect to use an IFA, you will be able to select from the broadest possible array of products, so as to find the perfect solution for you. A restricted advisor might be involved with an individual product, as with a mortgage advisor, or be restricted to services and products from a particular company.

Before any financial advisor accepts you as a client, they're required by the Financial Conduct Authority to fully discuss their charges with you. You might be charged by the hour, a set fee or even a specific percentage of your investment value, based on services you are interested in. You may be offered the possibility of a free preliminary consultation to enable you to discuss your goals and see if the advisor is suitable for you and your circumstances. Your account might be handled by a team as opposed to one individual advisor, if you opt to go with one of the bigger firms in Andover.

Financial Advisors Andover UK (01264)

You will be asked to fill out a "Fact Find" form, which is a confidential disclosure document relating your financial situation and targets to the advising firm. You'll also be handed a Key Facts or Initial Disclosure Document, which provides details of the financial advisor, their status to offer restricted or independent advice and their range of permissions in the financial arena. This document should also make clear your legal rights and the possible options you can take if you aren't satisfied with the service provided, and would like to submit a complaint. It should detail precisely what you're signing up for, and any potential benefits and risks if you choose to accept the offered advice, and it should be laid out in plain English. This document must also inform you of the cooling-off period. This makes it possible for you to have a change of heart within a certain time frame, and cancel your contract with the financial advisor.

You need to check the qualifications and experience of the financial advisor the first time you talk to them. Asking such questions should never be a cause for embarrassment, because you're entrusting them with your long-term financial wellbeing. All financial advisors in Andover must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. You don't need to freak out if your particular advisor's name doesn't appear on the Financial Services Register, providing the firm is on the register, their advisors will be covered by the legislation. If they're unable to present this proof, the person cannot offer advice but is able to offer financial guidance. In terms of finance guidance is different to advice and isn't regulated in the same way. Therefore there is no recourse for the client if errors occur.

Financial Advisor Quotes in Andover Hampshire

You will be asked about the level of risk you're ready and able to take on, if you are seeking advice on investments. High risk investments may offer larger rewards, however all or some of your money could be lost. Your savings objectives will have to be considered if the best investment advice is to be given, i.e. how much you have to invest, how rapidly you need to access your funds and long or short term investments. You should invariably ask yourself the one crucial question, how much money can you actually afford to lose. Referred to as your capacity for loss, this will very likely affect the products and services that you're offered.

Financial Advice Near Andover Hampshire

If you already have any current mortgages, investments, savings or regular outgoings, you must tell your financial advisor about these. To make certain that you get the most appropriate advice for you, they need a full and clear picture of your finances. Smart financial advice should allow for diversifying your savings and investments by spreading the risk load across various different products. With a knowledge of the best areas to consider, a seasoned financial advisor will favour products that match your goals and financial circumstances.

A financial advisor will reveal the multifaceted world of finance, and speak in the clearest possible way. After comparing the various products and services that match your needs, you should be able to come to an informed and considered decision. If the environment is important to you, you could ask that ethical savings and investments take precedence. You can then steer clear of businesses that firms meet your requirements, but instead support those businesses and companies that address your concerns, for instance renewable energy or zero carbon.

Working alongside your financial advisor in Andover can be difficult to manage around work and other commitments. Face-to-face meetings can be backed up with telephone and video conferencing to enable you to get advice at times that suit you. Even if you hardly ever have a one-on-one meeting with your personal advisor, an established financial advice provider in Andover will have strict measures in place to ensure your details are kept confidential and secure, because remote and home working is now a large part of our society.

COMPLAINTS

Investments can be an unpredictable area, and their values can fall as well as rise. It can be very worrying and frustrating if your investment fails to make the amount of money you were hoping for. However, except if it is owing to wrong or misleading information from your financial advisor, a downward spiral in your investment is not seen as a basis for complaint.

Independent Financial Advisor Near Andover (SP10)

Any complaints should start with the firm's complaints procedure as detailed in the Key Facts Document. You can inform the Financial Ombudsman of the problem if it is unsolved within the time period set by the regulating body, and your advisor is a member of the Financial Conduct Authority.

The Financial Ombudsman will make a ruling after independently reviewing the cause of the complaint. A decision is made on how to financially compensate the customer, if the complaint is upheld. The financial advisor and their company must comply with any ruling that is made by the Ombudsman, which becomes a legally binding decision as soon as the client has accepted it. Any compensation laid down by the Financial Ombudsman will also take into account any upset, inconvenience, hassle and distress caused to the client during the situation.

Book a Financial Advisor in Andover UK

Financial advice can be provided in Andover and also in: Anna Valley, Goodworth Clatford, Andover Down, Enham Alamein, Picket Piece, Weyhill, Abbotts Ann, Charlton, Knights Enham, Kingsway Gardens, East Anton, Upper Clatford, Hatherdean, and in these postcodes SP10 2AX, SP10 1AH, SP10 1JH, SP10 2AW, SP10 1BJ, SP10 1BG, SP10 1NX, SP10 1DR, SP10 1LG, SP10 1AE. Locally based Andover financial advisors will most likely have the postcode SP10 and the phone code 01264. Checking this out can make certain that you're accessing locally based financial advisers. Andover homeowners will be able to utilise these and numerous other comparable services. Click the "enquiry" form or banner to get details about financial advisors in your area.

A Financial Advisor's Regular Tasks

  • Financial advisors keep detailed records of clients and transactions.
  • Financial advisors talk with customers regarding their finances and plans.
  • Financial advisors produce financial reports.
  • Financial advisors keep abreast of new financial products and law changes.
  • Financial advisors make deals with with financial product providers.
  • Financial advisors recommend the financial products that are best-suited to their clients.
  • Financial advisors update customers about their investments.
  • Financial advisors provide education, consultation and counselling with regards to finances and investments.
  • Financial advisors work in collaboration with colleagues to collect statistics, trends and market information.
  • Financial advisors meet targets for performance and sales.

Andover Financial Advice Services

Financial Advice Tasks Andover

There is a variety of services which are provided by your local Andover financial advisor including will writing services, family income benefit, annuity purchases Andover, personal protection, income protection, inheritance tax planning, personal financial planning, business protection, divorce planning in Andover, pensions in divorce, familt controlled trusts, corporate bonds, pension consolidation advice in Andover, ethical investments, retirement planning in Andover, stakeholder pensions in Andover, portfolio management, investment reviews, savings advice, death benefits, pension reviews, financial advice services, mortgage financial planning, independent financial advice, annuities, business financial planning, pension drawdowns in Andover, cheap financial advice, bridging finance, offshore investments in Andover, and lots more. Listed are just a few of the activities that can be handled by a financial advisor. Andover professionals will inform you of their full range of services.

Necessary Skills for a Financial Advisor

  • Attentive interpersonal and listening skills.
  • To be good at promoting services and products.
  • To pay attention to detail and be thorough.
  • To be able to network and build relationships with clients.
  • To have a target driven mindset.
  • Good skills in customer service for identifying client needs and requirements.
  • Excellent verbal communication skills.
  • To have good IT skills.
  • Effective management skills for the negotiation of product rates.
  • An excellent level of maths knowledge for developing financial packages.
  • A thorough knowledge of accounting and economics associated with financial markets and products.
ANDOVER FINANCIAL ADVISOR QUOTES

Financial Advisors Near Andover

Also find: Kingsway Gardens financial advisers, Upper Clatford financial advisers, East Anton financial advisers, Anna Valley financial advisers, Andover Down financial advisers, Hatherdean financial advisers, Goodworth Clatford financial advisers, Charlton financial advisers, Weyhill financial advisers, Picket Piece financial advisers, Knights Enham financial advisers, Abbotts Ann financial advisers, Enham Alamein financial advisors and more. All of these places are catered for by local financial advisers. Andover residents can get estimates by going here.

Andover Financial Advice Services

Find a Financial Advisor in Andover Here
Financial Advice Enquiries in Andover Hampshire (01264)
  • Andover Trustee Investments
  • Andover Retirement Advice
  • Andover Estate Planning
  • Andover Wealth Management
  • Andover Independent Financial Advice
  • Andover Financial Advice Quotations
  • Andover Financial Services
  • Andover Pension Advice
  • Andover Tax Advice
  • Andover Investment Advice
  • Andover Mortgage Advice
  • Andover Cashflow Analysis
  • Andover Life Insurance Advice
  • Andover Inheritance Advice

Financial Advisors Around Andover: Financial advisors were recently necessary for folks living in Copse View, Cowlease Cottages, Clatford Lodge, Streetway Road, Tyne Court, The Hexagon, Bedser Square, Spring Mews, Appleton Mews, Salmond Road, Balmoral Court, Bradwell Close, Spring Lease, Brackenbury, Belle Vue Cottages, Thatched Cottages, Sheppard Square, The Mall, Baptist Hill, Tilleydown Cottages, Clatford Manor Estate, Tollgate Road, Collingwood Walk, Swallowfields, Tidworth Road, Church Close, Spey Court, Stubbs Court and these Andover postcodes: SP10 2AX, SP10 1AH, SP10 1JH, SP10 2AW, SP10 1BJ, SP10 1BG, SP10 1NX, SP10 1DR, SP10 1LG, SP10 1AE. People in these local areas recently requested the help of a financial advisor. Andover residents were given professional and dependable financial services in every case.

To get local info regarding Andover, Hampshire look here

Independent financial advisor in SP10 area, 01264.

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