Financial Advisor Bangor

Bangor Independent Financial Advice & Investment

Financial Advisor Bangor Northern Ireland (BT19): If you are seeking financial advice for the first time, trying to find a reliable independent financial advisor in the Bangor area can be an intimidating experience. Nevertheless, all financial advisors have one thing in common; they must all adhere to the regulations laid down by the FCA (Financial Conduct Authority), whether you're searching for pension, investment, mortgage or even insurance advice. This comes with some guarantees, thus after getting advice from a FCA approved financial advisor in Bangor, you can seek reparation from the Financial Services Compensation Scheme or the Financial Ombudsman, if if things go wrong.

Free Bangor Financial Advisor Quotes

When choosing a financial advisor in Bangor, a decent starting point could be friends and neighbours, but you must keep in mind that your situation may not be in line with theirs, and you may be in need of a different type of advice. Not every financial advisor is suitable for everybody, and any advice they provide should be personalised to your particular situation. It is wise to talk with at least three different companies when you're choosing a financial advisor, as this is a big decision, and you will be looking to find one that you feel comfortable with and can trust, and at the same time explore the options they can provide.

Financial Advisor Bangor Northern Ireland (BT19)

Independent financial advisors (IFA) and restricted advisors, are the two main kinds of financial advisor in Bangor. The good thing about seeing an independent financial advisor is that they should not be restricted to just one provider's products and services, and can offer a wide range of options. Covering the entire gamut of financial companies and products, independent financial advice must be given in an impartial and unbiased way to customers. This will enable you to choose from the widest range of services to suit your needs. A restricted financial advisor may be concerned with an individual product, as with a mortgage advisor, or be limited to services and products from one particular provider.

Before any financial advisor in Bangor takes you on as a client, they're required by the Financial Conduct Authority to be transparent about their charges. Based upon the services you require, you could be charged a set fee, by the hour or maybe even a proportion of your investment. To discuss your aims and find out if the advisor is the correct fit for your situation, a free initial consultation might be offered. In some larger Bangor companies, you may find that your account is being managed by a team as opposed to an individual.

Financial Advisors Bangor UK (028)

Before any actual financial advice is handed out you will have to fill in a confidential disclosure document, known as a "Fact Find" form, which tells the advising company about your financial situation and desired goals. To provide details about the financial advisor, their status to offer independent or restricted advice and their scope of permissions in the financial arena, you will also be given an Initial Disclosure, or Key Facts Document. This document should also make clear your own legal rights and your options if you're not happy with the service provided, and want to submit a complaint. It has to be easy to understand, written in plain language, and explain exactly what you are signing up for, together with the risks and benefits of taking the proffered advice. The allowed cooling-off period should also be fully explained in this document. This permits you to cancel the agreement within a specific period of time, and if any penalty charges are incurred.

You'll want to check what experience and qualifications the financial advisor has when you first speak to them. Don't be embarrassed about asking such questions, after all you're on the verge of entrusting your financial future to their expertise. Every Bangor financial advisor must be able to present an annual Statement of Professional Standing, and must hold a minimum of a Level 4 qualification. If your advisor's name does not show up on the Financial Services Register, you don't need to panic, the firm the person works for will almost certainly be on the register and their advisors will be covered by the legislation. The individual can still offer financial guidance rather than advice, if these cannot be provided. In financial terms guidance differs to advice and is not regulated. Therefore there is no recourse for the client if mistakes arise.

Financial Advisor Quotes in Bangor Northern Ireland

If it is investments that you're interested in, the advisor will ask you about the amount of risk you are ready to take with your hard-earned cash. Higher risk investments could offer better rewards, however all or some of your capital could be lost. Your savings goals will need to be considered if the best investment and financial advice is to be given, i.e. how much you have to invest, long or short term investments and how rapidly you need access to your funds. "How much can you afford to lose?" Is the one crucial question that you really need to ask yourself. This is generally known as your capacity for loss and may influence the services and products that could be offered for your consideration.

Financial Advice Near Bangor Northern Ireland

If you already have any existing savings accounts, mortgages, investments or regular outgoings, you must tell your financial advisor about these. To make certain that you receive the most appropriate advice for you, they need a full and clear picture of your financial circumstances. Spreading the risk load across various products through the diversification of your savings and investments, is something that sound financial advice should encompass. Having an understanding of the best areas to consider, a qualified financial advisor will favour products that fit in with your goals and financial circumstances.

Communicating in the clearest possible way, your financial advisor will reveal the multifaceted world of finance and investment. This will permit you to compare services and products that meet your needs, and make an informed decision. If you are environmentally minded, you could maybe ask your financial advisor to stick to ethical savings and investments. You will then be able to stay clear of businesses that businesses meet your standards, but instead support those firms and enterprises that address your concerns, for example zero carbon or renewable energy.

It is not always easy to have a close working relationship with a financial advisor in Bangor without this impacting on your work life and other commitments. This can be alleviated by supplementing face-to-face appointments with video conferencing and telephone calls, hence allowing you to seek the advice you need at convenient times. Remote and home working is now so common, and an experienced financial advice firm in Bangor will have strict measures in place to keep your details secure and confidential, even if you never have an in-person meeting with your personal advisor.


Investments can easily go down as well as up, because the financial world can be unpredictable. If your investment is not making the amount of money you hoped for, it can be incredibly stressful and frustrating. A downward spiraling of your investment is not a recognised grounds for complaint, unless your advisor has given you misleading or wrong information.

Independent Financial Advisor Near Bangor (BT19)

Any disputes should commence with the firm's official complaints procedure as laid out in the Key Facts Document. If your advisor is a member of the FCA, you can inform the Financial Ombudsman of the issue if it remains unsolved within the period laid down by the regulating authority.

The Financial Ombudsman will independently review the cause of the complaint and make a ruling. If the complaint is justified, a decision will be made on how to rectify or financially compensate the customer. This will become a legally binding decision as soon as it has been accepted by the customer, and the financial advisor and their firm must comply with the ruling. Any annoyance, distress, inconvenience and hassle caused to the client during the process, will be taken into account when the Financial Ombudsman fixes the level of compensation.

Book a Financial Advisor in Bangor UK

Financial advice can be provided in Bangor and also nearby in: Llanberis, Tregarth, Llanllechid, Llandygai, Llandegfan, Port Penryn, Bethel, Menai Bridge, Anglesey, Abergwyngregyn, Caernarfon, Llanfairfechan, Beaumaris, Tal-y-bont, Bethesda, as well as in these postcodes BT19 1GT, BT19 1QB, BT19 1AX, BT19 1RT, BT19 1BA, BT19 1FH, BT19 1AA, BT19 1PF, BT19 1FN, BT19 1DW. Locally based Bangor financial advisors will probably have the postcode BT19 and the dialling code 028. Checking this can confirm that you are accessing locally based financial advisers. Bangor householders can utilise these and numerous other related services.

Northern Ireland Financial Advice Enquiries

Financial Advice Enquiries Northern Ireland

Recent Northern Ireland financial advice enquiries: Zoha and Mikhail Luke from Castlederg recently asked for information on offshore investments. Asiya Coleman and Reuben Coleman from Strathfoyle, Northern Ireland recently enquired about getting financial advice. Josh Ferreira and Penelope Ferreira from Whitehead, Northern Ireland recently asked for information on investment bonds. Kayleigh Rose and Kingsley Rose in Killyleagh recently asked for information on life assurance. Zarah Potts was trying to find a financial advisor near Limavady. Will King in Ballycastle recently enquired about pension advice. Mr and Mrs Harding from Portaferry, Northern Ireland recently enquired about investment bonds. Savanna Cassidy and Jaden Cassidy in Ballykelly, Northern Ireland recently asked for information on mortgages. All these local people searched for "Garden Fencing Northern Ireland" and located this page on Google or another search engine.

Fundamental Skills for a Financial Advisor

  • To pay attention to detail and be thorough.
  • To have the ability to network and establish solid relationships with clients.
  • The ability to promote services and products.
  • An excellent understanding and knowledge of accounting and economics relating to financial products and markets.
  • Excellent management skills for the negotiation of product prices.
  • To have the ability to use a computer and the appropriate software programs.
  • A good level of numeracy for producing financial packages.
  • To be organised and self-motivated.
  • Excellent verbal communication skills.
  • Active interpersonal and listening skills.
  • Excellent customer service skills for determining client needs.

Bangor Financial Advice Services

Financial Advice Tasks Bangor

There is a range of services that can be provided by your local Bangor financial advisor including cashflow planning, pension transfers, investment bonds, personal protection Bangor, life insurances, equity release, wealth management & investments, cash flow modelling, pensions in divorce Bangor, unit trusts, stakeholder pension advice Bangor, money planning Bangor, multi-asset portfolios, life assurance advice in Bangor, savings advice in Bangor, financial services Bangor, bridging finance, corporate bonds, saving for children, portfolio management in Bangor, financial analyst services, general financial planning, pension planning Bangor, tax planning, investing an inheritance, pension reviews, will writing services, critical illness cover, death benefit advice Bangor, annuity purchases Bangor, and more. These are just a selection of the tasks that can be performed by a financial advisor. Bangor professionals will inform you of their entire range of services.


Financial Advisors Near Bangor

Also find: Llanllechid financial advisors, Menai Bridge financial advisors, Beaumaris financial advisors, Llandygai financial advisors, Llandegfan financial advisors, Bethel financial advisors, Abergwyngregyn financial advisors, Llanberis financial advisors, Caernarfon financial advisors, Llanfairfechan financial advisors, Port Penryn financial advisors, Tal-y-bont financial advisors, Anglesey financial advisors, Tregarth financial advisors, Bethesda financial advisors and more. Most of these villages and towns are covered by local financial advisers. Bangor residents can get financial advice estimates by going here.

Bangor Financial Advice Services

Find a Financial Advisor in Bangor Here
Financial Advice Enquiries in Bangor Northern Ireland (028)
  • Bangor Cashflow Analysis
  • Bangor Independent Financial Advice
  • Bangor Tax Advice
  • Bangor Financial Advice Quotes
  • Bangor Life Insurance Advice
  • Bangor Investment Advice
  • Bangor Trustee Investments
  • Bangor Pension Advice
  • Bangor Estate Planning
  • Bangor Corporate Financial Planning
  • Bangor Wealth Management
  • Bangor Mortgage Advice
  • Bangor Retirement Planning
  • Bangor Cheap Financial Advice

Financial Advisors Around Bangor: In the past year financial advice was provided in the following Bangor streets: Silverstream Drive, Carrowdore Gardens, Hampton Drive, Hazeldene Park, Springhill Retail Park, Rathgael Road, Queensberry Park, Sinclair Road North, Warren Grove, Bryansglen Court, Talbot Park, Perry Park, Bryansglen Park, Dellmount Avenue, Drumglass Park, Ashley Gardens, Maxwell Lane, Balloo Link, Abbey Drive, Lorelei, Hampton Lane, Montgomery Court, Springfield Road, Manor Mews, Stratford Court, Westmorland Crescent, Marlo Heights, Bailie Park, Station Court, Lisadell Place, and in these Northern Ireland postcodes: BT19 1GT, BT19 1QB, BT19 1AX, BT19 1RT, BT19 1BA, BT19 1FH, BT19 1AA, BT19 1PF, BT19 1FN, BT19 1DW. Folks residing in these areas recently needed help from a financial advisor. Bangor residents were given dependable and professional financial services in every case.

To obtain local info about Bangor, Northern Ireland take a look here

Independent financial advisor in BT19 area, telephone code 028.

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(This financial advisor Bangor information was revised and updated on 01-09-2022)