Financial Advisor Barnstaple

Barnstaple Independent Financial Advice & Investment

Financial Advisor Barnstaple Devon (EX31): Finding a first-rate financial advisor advisor in Barnstaple can be an intimidating experience, particularly if you're needing financial advice for the very first time. Whether you are searching for pension, mortgage, investment or even insurance guidance, all qualified financial advisors are bound by one common rule; they all have to conform to the regulations set by the FCA (Financial Conduct Authority). This comes with some guarantees, thus after getting advice from a FCA registered financial advisor in Barnstaple, you can seek recompense from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, if anything goes wrong.

Free Barnstaple Financial Advisor Quotes

A good starting place in choosing a financial advisor in Barnstaple may be friends and relatives, but bear in mind that the type of advice you're searching for could be different to theirs. Financial advice needs to be individually tailored to your particular situation, and you will find that some financial advisors might not be suitable for you. Picking a financial advisor is a big decision and it is wise to chat to at least 3 different firms so as to check out the various options they provide, and to find one you feel comfortable with and can trust.

Financial Advisor Barnstaple Devon (EX31)

There are two main types of financial advisor in Barnstaple; independent financial advisors and restricted advisors. The good thing about using an IFA is that they should not be limited to the services and products of a single company, and can offer a more diverse range of options. Independent financial advice should be provided in an impartial way and across the full spectrum of financial companies and products. Using an independent financial advisor should permit you to select from the broadest possible array of services. A restricted financial advisor could be limited to products and services from a particular firm, or might even focus on an individual product, as may be the case with a mortgage advisor.

Before any financial advisor in Barnstaple accepts you as a client, they're required by the FCA to discuss their charges with you. Although it varies according to the kind of service or product you are looking for, there could be a set fee, an hourly rate, or you could even be charged a percentage of the money you're investing. You will sometimes be offered the possibility of a free first consultation to allow you to discuss your goals and find out if the advisor is the proper choice for your circumstances. In some of the bigger Barnstaple firms, you may find that your account is being looked after by a team as opposed to an individual advisor.

Financial Advisors Barnstaple UK (01271)

Before any actual financial advice is handed out you'll have to fill out a confidential disclosure form, known as a "Fact Find" document, which informs the advising firm about your desired goals and financial situation. To provide information on the financial advisor, their situation for offering independent or restricted advice and the scope of their permissions in the financial sector, you will also be handed an Initial Disclosure Document, or Key Facts Document. If you aren't happy with the service provided, and wish to submit a complaint, this document will also lay out your rights and your options. It must be typed out in plain language and describe what you are signing up for, and any potential risks and benefits if you choose to accept the advice offered. The cooling-off period should also be explained in this document. This makes it possible for you to cancel your agreement within a certain number of days, and whenever any penalty charges are incurred.

When chatting with your financial advisor for the first time you'll want to check their experience and qualifications. Do not be embarrassed about asking these questions, after all you are just about to entrust your financial wellbeing to their expertise. Every Barnstaple financial advisor must present an annual Statement of Professional Standing, and must hold a minimum of a Level 4 qualification. You shouldn't worry if your particular financial advisor's name does not appear on the Financial Services Register, providing the company is listed on the register, their personnel will be covered by the legislation. The individual may still offer financial guidance as opposed to advice, if these can't be presented. Guidance isn't regulated in the way that financial advice is, which means that if mistakes occur neither party will have any recourse.

Financial Advisor Quotes in Barnstaple Devon

If it is investments that you're interested in, your advisor will need to know the amount of risk you are prepared to take with your hard-earned cash. High risk investments could potentially offer bigger rewards, but all or some of your funds could be lost. In order to get the best investment and financial advice, your savings goals must be considered, i.e. how rapidly you need access to your money, how much money you want to invest and long or short term investments. "How much money can you truly afford to lose?" Is the one question that you really need to ask yourself. Referred to as your capacity for loss, this will most likely affect the products and services that you are offered.

Financial Advice Near Barnstaple Devon

Right from the start, it's important to tell your financial advisor about any existing personal savings, mortgages, regular payments or investments that you have. This will give a clear picture of your current financial situation, and without this the advice you get might not be the most appropriate for you. Spreading the risk load across a range of different products through the diversification of your investments and savings, is something that sound financial advice should allow for. So as to reflect your financial situation and goals, a certified financial advisor in Barnstaple will understand the best products to consider.

Communicating in the clearest possible way, your financial advisor will unmask the complex world of finance and investment. You should be in a position to come to an informed and considered decision after you have compared the various services and products which meet your needs. You could even ask your financial advisor only to specify ethical savings and investments. This does not just give you investment opportunities, but also allows you to support green energy or zero carbon projects, and stay clear of businesses and companies that do not share the same values.

Working alongside your financial advisor in Barnstaple can be difficult to fit in around your work day and other obligations. This can be reduced by supplementing face-to-face appointments with telephone and video conferencing, therefore enabling you to seek the advice you need at a convenient time. Even if you never have a one-to-one meeting with your personal advisor, a professional financial advice provider in Barnstaple will have strict measures in place to ensure your details are kept confidential and secure, because remote and home working is now commonplace.


The value of your investments could fall as well as rise, and this is something that you need to bear in mind. If your investment fails to make the amount of money you were hoping for, it can be very frustrating and worrying. A downward spiral in your investment is not seen as a grounds for complaint, unless your advisor has given you misleading or wrong information.

Independent Financial Advisor Near Barnstaple (EX31)

As indicated in the Key Facts Document, any disputes should commence with the company's official complaints procedure. If the problem is unresolved within the time period set out by the regulating body, and the advisor is a member of the FCA, you can get in touch with the Financial Ombudsman.

The Financial Ombudsman will look into the cause for complaint and come to a decision. A decision will be made on how to financially compensate the customer, if the complaint is justified. This becomes a legally binding decision once it has been agreed on by the customer, and the advisor and their firm must abide by the ruling. Any inconvenience, upset, distress and trouble caused to the customer during the process, will be accounted for when the Ombudsman establishes the level of compensation.

Book a Financial Advisor in Barnstaple UK

Financial advice can be provided in Barnstaple and also in nearby places like: Umberleigh, Lydacott, Strangeways, Whiddon Valley, Ashford, Fremington, Swimbridge, Landkey, Bishops Tawton, Shirwell, Goodleigh, Roundswell, Sticklepath, Tawstock, Miles Platting, together with these postcodes EX31 1EA, EX31 1DR, EX31 1YS, EX31 1PD, EX31 1GH, EX31 1AL, EX31 1BE, EX31 1RZ, EX31 1JY, EX31 1EU. Locally based Barnstaple financial advisers will most likely have the postcode EX31 and the telephone dialling code 01271. Simply click the "enquiry" banner or form to get info on financial advisors in your area.

Devon Financial Advisors

Investment Financial EX31 Advisers Devon Barnstaple Financial Advice Advisor Services 01271 Advice Financial Advisor Advisors

In the Devon area you'll also discover: Berry Pomeroy investment advice, North Tawton financial advice, Bere Alston financial advice, Kingsbridge financial advice, Malborough financial advisors, Yelverton financial advisors, Exminster financial advisors, Broadclyst investment advisors, Seaton investment advice, Abbotskerswell financial advisors, Uffculme financial advisors, Northam investment advice, Bishops Nympton financial advisors, North Tawton investment advice, Bradninch financial advisors, Lynmouth financial advice, Holsworthy financial advisors, Bere Ferrers financial advice, Swimbridge financial advice, Woolfardisworthy financial advice, Harpford investment advice, Kentisbeare financial advice, Shaldon investment advisors, Kilmington investment advice, Hemyock financial advice, Hennock financial advice, Mortehoe financial advisors, Newton Ferrers investment advice, Broad Clyst investment advice.

Skills Needed to be a Financial Advisor

  • Excellent customer service skills for finding out customer requirements and needs.
  • To have the ability to listen attentively
  • Good skills in verbal communication.
  • To be able to network and establish solid relationships with customers.
  • Excellent management skills for negotiating product rates.
  • A solid understanding and knowledge of economics and accounting relating to financial markets and products.
  • To have good IT skills.
  • To have excellent time management skills.
  • To pay attention to detail and be thorough.
  • An excellent level of mathematical knowledge for creating financial packages.
  • To be good at selling services and products.

Barnstaple Financial Advice Services

Financial Advice Tasks Barnstaple

There is a wide range of services that are provided by your local Barnstaple financial advisor including ISA's, investment bonds, portfolio management, annuities in Barnstaple, family income benefit in Barnstaple, life assurance advice in Barnstaple, tax financial planning, pension drawdowns, financial services, trusts Barnstaple, financial analyst services Barnstaple, pension consolidation in Barnstaple, wealth management & investments, income protection advice, annuity purchases Barnstaple, stakeholder pension advice in Barnstaple, cheap financial advice in Barnstaple, trustee investment services, ethical investment advice in Barnstaple, cashflow analysis, business planning, unit trusts in Barnstaple, personal financial planning in Barnstaple, pension plans Barnstaple, financial planning, and lots more.


Financial Advisors Near Barnstaple

Also find: Sticklepath financial advisors, Lydacott financial advisors, Shirwell financial advisors, Bishops Tawton financial advisors, Strangeways financial advisors, Whiddon Valley financial advisors, Swimbridge financial advisors, Tawstock financial advisors, Landkey financial advisors, Miles Platting financial advisors, Umberleigh financial advisors, Ashford financial advisors, Fremington financial advisors, Roundswell financial advisors, Goodleigh financial advisors and more.

Barnstaple Financial Advice Services

Find a Financial Advisor in Barnstaple Here
Financial Advice Enquiries in Barnstaple Devon (01271)
  • Barnstaple Investment Advice
  • Barnstaple Corporate Financial Planning
  • Barnstaple Financial Advice
  • Barnstaple Mortgage Advice
  • Barnstaple Life Insurance Advice
  • Barnstaple Tax Advice
  • Barnstaple Financial Services
  • Barnstaple Cashflow Analysis
  • Barnstaple Retirement Planning
  • Barnstaple Financial Advice Quotations
  • Barnstaple Trustee Investments
  • Barnstaple Pension Advice
  • Barnstaple Inheritance Advice
  • Barnstaple Estate Planning

Financial Advisors Around Barnstaple: Financial advice has recently been provided in the following Barnstaple roads and streets - Copley Drive, Birch Lane, Bridge Buildings, Brookdale Terrace, Bickington Lodge Estate, Chestwood Close, Skylark Spinney, Theatre Lane, Sunnybank, Buller Road, St Margarets Garden, Coppice Close, Springfield Crescent, Silver Street, South Hayes Copse, Sunny Bank, Congrams Close, Ashleigh Crescent, Acland Road, Sainte Honorine Du Fay Close, Town Walk, Alder Glade, Brewer Road, Sherratts Oak, Shirwell Road, Barton Close, Cross Close, Dennington Hill, Allenstyle Drive, Brake Wood Close, as well as the following Barnstaple area postcodes: EX31 1EA, EX31 1DR, EX31 1YS, EX31 1PD, EX31 1GH, EX31 1AL, EX31 1BE, EX31 1RZ, EX31 1JY, EX31 1EU.

More Barnstaple Services: Undoubtedly, when you happen to be looking at your finances in Barnstaple, Devon, you'll probably need all sorts of different services and apart from a financial advisor in Barnstaple, Devon, you could additionally need mortgage advice in Barnstaple, bookkeepers in Barnstaple, property law & conveyancing in Barnstaple, family lawyers in Barnstaple, debt recovery & collection in Barnstaple, business financial planning in Barnstaple, solicitors in Barnstaple, mortgage brokers in Barnstaple, estate planning in Barnstaple, tax preparation in Barnstaple, payroll services in Barnstaple, business consulting in Barnstaple, investment advisors in Barnstaple, accounting in Barnstaple, banruptcy lawyers in Barnstaple, contracts lawyers in Barnstaple, wills in Barnstaple, and other different Barnstaple experts.

To find local information on Barnstaple, Devon look here

Independent financial advisor in EX31 area, telephone code 01271.

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