Financial Advisor Barrow-in-Furness

Barrow-in-Furness Independent Financial Advice & Investment

Financial Advisor Barrow-in-Furness Cumbria (LA14): Finding a first-rate financial advisor advisor in Barrow-in-Furness can be a challenging experience, particularly if you're needing financial advice for the very first time. Whether you're looking for mortgage, pensions, investment or even insurance advice, all qualified financial advisors have one thing in common; they must all adhere to the regulations of the Financial Conduct Authority. Any advice given through a FCA certified financial advisor in Barrow-in-Furness comes with guarantees that should anything go awry, you have access to the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.

Free Barrow-in-Furness Financial Advisor Quotes

When selecting a financial advisor in Barrow-in-Furness, a good place to begin could be family and friends, however you must remember that your circumstances may not be the same as theirs, and you may be in need of a different sort of advice. Every financial advisor is not suitable for everybody, and any advice they provide should be adapted to your specific circumstances. It is a good idea to speak with at least three different companies when you are picking a financial advisor, because this is an important decision, and you need to find one that you feel comfortable with and can trust, and also check out the options they offer.

Financial Advisor Barrow-in-Furness Cumbria (LA14)

There are two principal types of financial advisor in Barrow-in-Furness; independent financial advisors and restricted advisors. The benefit of using an IFA is that they won't be limited to just one provider's products and services, and can offer a wider range of options. Independent financial advice must cover the full spectrum of financial products and companies, and must be offered in an unbiased way. If you choose to use an independent financial advisor, you'll be able to pick from the widest possible array of products, in order to find the right solution for your needs. A restricted financial advisor may be involved with an individual product, such as a mortgage advisor, or be limited to products and services from a specific company.

The FCA demands that any Barrow-in-Furness financial advisor must tell you about their charges, before accepting you as a client. You could be charged by the hour, a set fee or perhaps even a proportion of your investment value, subject to services you are looking for. To discuss your goals and see if the advisor is suitable for you and your situation, you will sometimes be offered a free first consultation. Your account could be handled by a team as opposed to one individual advisor, if you decide to go with one of the larger firms in Barrow-in-Furness.

Financial Advisors Barrow-in-Furness UK (01229)

To summarise your targets and financial situation to the advising firm, you'll be required to fill in a "Fact Find" document, which is a confidential disclosure form. You will also be handed an Initial Disclosure Document, or Key Facts Document, which provides information about the financial advisor, their situation for offering restricted or independent advice and the scope of their permissions in the financial market. If you aren't satisfied with the service, and wish to make a complaint, this document should also set down your rights and the options you can take. It should outline what you are signing up for, and any potential risks and benefits if you opt to take the offered advice, and it should be laid out in clear language. You will find the amount of cooling-off period in the Key Facts Document. This allows you to cancel your contract within a certain time frame, and if any penalties are incurred.

The very first time you're speaking with the financial advisor you'll want to check what experience and qualifications they've got. Asking these questions should never cause you any embarrassment, because you're about to entrust them with your long-term financial wellbeing. A Level 4 qualification in financial advice is the minimum required certification for any financial advisor in Barrow-in-Furness, and they must also be in a position to present you with an annual Statement of Professional Standing. When you check the Financial Services Register, you should not panic if your specific financial advisor's name does not appear on there; you will probably find the company name, and this means that the regulations covers all of their personnel. If these can't be provided the person can still offer financial guidance instead of financial advice. In terms of finance guidance is different to advice and is not regulated. Therefore there is no recourse for either party if financial blunders occur.

Financial Advisor Quotes in Barrow-in-Furness Cumbria

If it is investments that you are interested in, the advisor will want to know the level of risk you might be ready to take with your hard-earned money. Many investments carry some degree of risk, but high risk investments may offer bigger rewards, and also more chance of losing some or all of your cash. In order to get the best financial and investment advice, your savings objectives will have to be taken into account, i.e. how quickly you need access to your money, how much you have to invest and short or long term investments. One question you should ask yourself, which is normally overlooked, is just how much you can afford to lose. Known as your capacity for loss, this will most likely have an effect on products and services that you are offered.

Financial Advice Near Barrow-in-Furness Cumbria

Right from the start, it's vital that you tell your financial advisor about any existing mortgages, regular payments, savings or investments that you currently have. This will give a clear and full picture of your financial situation, without which the advice given may not be the most suitable for you. Diversifying your savings and investments by spreading the risk across various products, is a vital part of sound financial advice. In order to mirror your goals and financial circumstances, an experienced financial advisor in Barrow-in-Furness will have the knowledge of the best products to consider.

Your financial advisor will communicate in as much plain speech as possible, to unveil the complex world of finance. You should be able to make an informed decision after you have compared the various services and products that match your needs. You could maybe ask your advisor to only choose ethical savings and investments. This not only provides you with investment possibilities, but also allows you to lend your support to zero carbon or renewable energy projects, and avoid companies that do not share the same values as you do.

Working closely with your financial advisor in Barrow-in-Furness can be challenging to manage around your work day and other obligations. To enable you to seek advice at a time to suit you, one-on-one appointments can be augmented with video conferencing and phone calls. Working from home and remote working is now so common, and any experienced financial advice firm in Barrow-in-Furness will have stringent measures in place to ensure your details are kept secure and confidential, even if you rarely have a one-to-one meeting with your advisor.


Investments can just as easily go down as well as up, since the financial sector can be volatile. If your investment isn't making the amount of money you were hoping for, it can be quite disheartening and worrying. However, unless it is because of misleading or incorrect information from your financial advisor, your investment having a downward trend is not a recognised basis for complaint.

Independent Financial Advisor Near Barrow-in-Furness (LA14)

Any disputes should start with the company's complaints procedure as outlined in the Key Facts Document. You can tell the Financial Ombudsman about the issue if it remains unsolved within the time-frame set out by the regulating authority, and the financial advisor is a member of the FCA.

After looking into the cause of the complaint, the Financial Ombudsman will come to a decision on the issue. A decision is made on how to financially compensate the customer, if the complaint is upheld. The advisor and their company must abide by any decision that's made by the Ombudsman, which becomes legally binding as soon as the customer has agreed to it. Any compensation fixed by the Financial Ombudsman will also take into account any annoyance, distress, inconvenience and hassle caused to the customer during the dispute.

Book a Financial Advisor in Barrow-in-Furness UK

Financial advice can be provided in Barrow-in-Furness and also in nearby places like: Askam-in-Furness, Marton, Biggar, Great Urswick, Lindal in Furness, North Scale, Dalton-in-Furness, Hawcoat, South End, Swarthmoor, Walney, Furness Abbey, Roose, Vickerstown, Isle of Walney, and in these postcodes LA13 9HE, LA13 9AR, LA13 0BP, LA13 9HN, LA13 9EH, LA13 0DZ, LA13 9JG, LA13 0GX, LA13 9AN, LA13 9AY. Locally based Barrow-in-Furness financial advisors will most likely have the postcode LA14 and the telephone dialling code 01229. Checking this can make sure that you are accessing locally based financial advisers. Barrow-in-Furness householders will be able to utilise these and lots of other related services. Simply click on the "enquiry" banner to get info on financial advisors in your location.

Day to Day Tasks for a Financial Advisor

  • A financial advisor keeps a record of customers and transactions.
  • A financial advisor updates clients about their investments.
  • A financial advisor talks to customers regarding their finances and plans.
  • A financial advisor meets performance and sales targets.
  • A financial advisor negotiates with providers of financial products.
  • A financial advisor provides counselling, consultation and education with regards to investments and finances.
  • A financial advisor produces in-depth financial reports.
  • A financial advisor recommends the financial products that are best-suited to customers.
  • A financial advisor keeps fully abreast of legislation changes and new financial products.
  • A financial advisor works in collaboration with colleagues to gather statistics, market information and trends.

Barrow-in-Furness Financial Advice Services

Financial Advice Tasks Barrow-in-Furness

There is a range of services that can be provided by your local Barrow-in-Furness financial advisor including general financial planning, trustee investment services Barrow-in-Furness, wealth management, bridging finance, cash flow modelling, trusts Barrow-in-Furness, multi-asset portfolios, financial analyst services, life assurance Barrow-in-Furness, savings advice in Barrow-in-Furness, income protection, equity release, ISA's in Barrow-in-Furness, cheap financial advice, pension advice, retirement plans in Barrow-in-Furness, long term care fee advice, investment advice Barrow-in-Furness, pensions in divorce, independent financial advice Barrow-in-Furness, cashflow analysis, pension drawdowns in Barrow-in-Furness, personal pensions advice in Barrow-in-Furness, divorce financial planning, inheritance tax planning in Barrow-in-Furness, saving for children, annuities, investment bonds Barrow-in-Furness, pension transfers Barrow-in-Furness, financial advice services, and lots more. These are just a few of the duties that can be conducted by a financial advisor. Barrow-in-Furness professionals will keep you informed about their entire range of financial services.


Financial Advisors Near Barrow-in-Furness

Also find: South End financial advisors, Hawcoat financial advisors, Askam-in-Furness financial advisors, Marton financial advisors, Lindal in Furness financial advisors, Biggar financial advisors, Roose financial advisors, Swarthmoor financial advisors, Vickerstown financial advisors, North Scale financial advisors, Great Urswick financial advisors, Furness Abbey financial advisors, Walney financial advisors, Isle of Walney financial advisors and more. Almost all of these villages and towns are covered by financial advisors. Residents in these places can make enquiries about financial advice by going here.

Barrow-in-Furness Financial Advice Services

Find a Financial Advisor in Barrow-in-Furness Here
Financial Advice Enquiries in Barrow-in-Furness Cumbria (01229)
  • Barrow-in-Furness Tax Advice
  • Barrow-in-Furness Life Insurance Advice
  • Barrow-in-Furness Retirement Planning
  • Barrow-in-Furness Wealth Management
  • Barrow-in-Furness Mortgage Advice
  • Barrow-in-Furness Trustee Investments
  • Barrow-in-Furness Estate Planning
  • Barrow-in-Furness Inheritance Advice
  • Barrow-in-Furness Independent Financial Advice
  • Barrow-in-Furness Financial Services
  • Barrow-in-Furness Investment Advice
  • Barrow-in-Furness Financial Advice Quotes
  • Barrow-in-Furness Pension Advice
  • Barrow-in-Furness Cashflow Analysis

If you're interested in local Barrow-in-Furness info go here

Independent financial advisor in LA14 area, phone code 01229.

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(This financial advisor Barrow-in-Furness page was successfully updated on 20-02-2024)