Financial Advisor Bath

Bath Independent Financial Advice & Investment

Financial Advisor Bath Somerset (BA1): It can be a challenging experience trying to find a reliable independent financial advisor in Bath, in particular if it's the very first time that you are in search of financial advice. Whether it is investments, pension, mortgage or even insurance guidance that you're searching for, there's one common rule for all financial advisors; they must all adhere to Financial Conduct Authority (FCA) regulations. Any advice given from a FCA certified financial advisor in Bath comes with certain guarantees that should anything go wrong, you can contact the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.

Free Bath Financial Advisor Quotes

When selecting a financial advisor in Bath, a decent place to begin could be neighbours and friends, however you must bear in mind that your situation might not be in line with theirs, and you might be in need of a different type of advice. Any advice they offer should be personalised to your particular situation, and every financial advisor is not suitable for everyone. Choosing a financial advisor is an important decision and it is wise to speak to at least 3 different firms so as to check out the various options they can provide, and to find one that you can trust and feel at ease with.

Financial Advisor Bath Somerset (BA1)

There are two principal kinds of financial advisor in Bath; independent financial advisors (IFA) and restricted advisors. The benefit of using an IFA is that they won't be limited to just one company's services and products, and can offer a wider range of options. Independent financial advice should be given in an unbiased way and should cover the whole spectrum of financial products and companies. If you decide to use an IFA, you will be able to select from the broadest possible array of products, in order to find the ideal solution for you. A restricted advisor could be tied to services and products from a particular company, or might even concentrate on a specific product, as you might find with a mortgage advisor.

Before taking you on as a client, any Bath financial advisor must fully discuss their charges with you, as demanded by the Financial Conduct Authority. Although it can vary subject to the type of product or service you are looking for, there may be a set fee, an hourly rate, or you may even be charged a slice of what you are investing. A free first consultation will sometimes be offered, so that you can discuss your objectives and circumstances to find out if the advisor is the best fit. In some of the larger Bath firms, you might find that your account is looked after by a team as opposed to an individual.

Financial Advisors Bath UK (01225)

Before any financial advice is given you'll have to fill in a confidential disclosure document, known as a "Fact Find" form, which tells the advising firm about your desired goals and financial situation. To provide information about the financial advisor, their status to offer restricted or independent advice and the extent of their permissions in the financial arena, you'll also be handed a Key Facts Document, or Initial Disclosure Document. Your own rights will also be set out in this document, in addition to the possible options you can take if you need to complain because you are not satisfied with the service provided. It must be written in plain language and detail what you are committing yourself to, and any possible benefits and risks if you opt to go along with the advice offered. The Key Facts Document must also inform you of the cooling-off period. Within a certain period of time, this allows you to cancel your contract.

When talking with your financial advisor initially you need to check their qualifications and experience. Do not be embarrassed about asking such questions, after all you're just about to entrust your long-term financial wellbeing to their skill. A Level 4 qualification in financial advice is the minimum required certification for any Bath financial advisor, and they must also be able to present an annual Statement of Professional Standing. You shouldn't stress if your particular advisor's name doesn't show up on the Financial Services Register, as long as the firm is listed on the register, their employees are covered by the regulations. If these cannot be provided the individual can still offer financial guidance as opposed to financial advice. In financial terms guidance is different to advice and is not regulated in the same way. Therefore there's no recourse for either party if mistakes occur.

Financial Advisor Quotes in Bath Somerset

If it is investing money that you're interested in, your advisor will need to know the level of risk you might be willing to take with your hard-earned cash. Many investments carry some degree of risk, but higher risk investments could potentially offer larger rewards, but also more likelihood of losing some or all of your cash. The best investment and financial advice should take you savings aims into consideration, i.e. short or long term investments, how quickly you need to access your funds and how much you wish to invest. "How much can you truly afford to lose?" Is the one vital question that you should really be asking yourself. This could affect the products and services that you are offered, and is known as your capacity for loss.

Financial Advice Near Bath Somerset

If you already have any existing personal savings, regular payments, mortgage loans or investments, you must let your financial advisor know about these. They will need to know this, so that they can get a clear picture of your finances and give the appropriate advice for you. Good financial advice should include diversifying your investments and savings by spreading the risk across various products. With an understanding of the best areas to consider, a competent financial advisor will favour products that most closely fit in with your goals and financial circumstances.

Your financial advisor will communicate in the clearest possible way, to lay bare the multifaceted world of finance. After comparing the services and products that match your needs, you should be able to come to an informed and intelligent decision. If the environment is at the forefront of your mind, you could ask that ethical savings and investments take precedence. This doesn't just give you investment possibilities, but also enables you to support green energy or zero carbon projects, and keep clear of businesses that do not share the same values as you do.

Working closely with your financial advisor in Bath can be difficult to fit in around your work day and other obligations. To allow you to seek advice at times that suit you, face-to-face meetings can be complemented with phone calls and video conferencing. Even if you hardly ever have a face-to-face meeting with your advisor, a professional financial advice provider in Bath will have rigorous measures in place to keep your details confidential and secure, because home and remote working is now so common.


You must remember that the financial sector can be unpredictable, and the value of your investments could just as easily drop as well as rise. If your investment fails to make as much money as you hoped for, it can be very demoralising and stressful. Regrettably, a downward spiral in your investment isn't seen as a basis for complaint, unless of course it's down to incorrect or misleading information from your advisor.

Independent Financial Advisor Near Bath (BA1)

The company's complaints procedure should be the starting place for any disputes, and the Key Facts Document will discuss this. If the problem remains unresolved within the period stipulated by the regulating authority, and your advisor is a member of the Financial Conduct Authority, you can inform the Financial Ombudsman.

The Financial Ombudsman will look into the cause for complaint and make a ruling. A decision will be made on how to rectify the situation or financially compensate the client, if the complaint is upheld. The advisor and their company must abide by any ruling that is made by the Ombudsman, which becomes legally binding as soon as the customer has accepted it. The Ombudsman will also take into account any distress, hassle, inconvenience and annoyance caused to the customer during the dispute, and establish the level of compensation accordingly.

Book a Financial Advisor in Bath UK

Financial advice can be provided in Bath and also in: Neston, Corston, Combe Down, Keynsham, Bathford, Limpley Stoke, Batheaston, Widcombe, Bradford on Avon, Englishcombe, Bathwick, South Stoke, Twerton, Southdown, Weston, Larkhall, and in these postcodes BA1 0PS, BA1 0NE, BA1 0AY, BA1 0TX, BA1 0QG, BA1 0UD, BA1 0SX, BA1 0PP, BA1 0JS, BA1 0LH. Locally based Bath financial advisors will likely have the postcode BA1 and the dialling code 01225. Verifying this will ensure that you access locally based financial advisers. Bath homeowners will be able to benefit from these and lots of other related services.

Bath Financial Advice Services

Financial Advice Tasks Bath

There is a range of services which can be provided by your local Bath financial advisor including portfolio management, divorce planning, pensions in divorce, investment bonds, pension planning, multi-asset portfolios, personal pensions advice, business planning, investing an inheritance Bath, annuity purchases, death benefits, corporate bonds, personal protection Bath, retirement plans Bath, tax financial planning, income protection Bath, pension drawdowns, critical illness cover, wealth management in Bath, life assurance advice in Bath, financial advice services, savings advice in Bath, ethical investments, independent financial advice, stakeholder pensions, annuities, unit trusts, corporate financial planning, long term care fee planning, familt controlled trusts, and lots more. Listed are just a few of the activities that can be undertaken by a financial advisor. Bath professionals will let you know their full range of services.

The Day to Day Duties of a Financial Advisor

  • A financial advisor updates clients regarding their investments.
  • A financial advisor speaks with customers regarding their finances and plans.
  • A financial advisor meets sales and performance targets.
  • A financial advisor keeps abreast of new financial products and regulation changes.
  • A financial advisor makes deals with with financial product providers.
  • A financial advisor produces in-depth financial reports.
  • A financial advisor maintains detailed records of customers and transactions.
  • A financial advisor provides consultation, counselling and education with regards to investments and finances.
  • A financial advisor works with associates to collect statistics, market information and trends.
  • A financial advisor researches financial products and explains them simply and clearly to customers.

Financial Advisors Near Bath

Also find: Widcombe financial advisors, Weston financial advisors, Corston financial advisors, South Stoke financial advisors, Twerton financial advisors, Englishcombe financial advisors, Bathford financial advisors, Bathwick financial advisors, Limpley Stoke financial advisors, Bradford on Avon financial advisors, Batheaston financial advisors, Southdown financial advisors, Combe Down financial advisors and more. People who are looking for financial advice, will find that these services are available in most of these locations. Residents in these localities can make enquiries about financial advice by going here.

Bath Financial Advice Services

Find a Financial Advisor in Bath Here
Financial Advice Enquiries in Bath Somerset (01225)
  • Bath Financial Services
  • Bath Wealth Management
  • Bath Independent Financial Advice
  • Bath Inheritance Advice
  • Bath Financial Advice Quotations
  • Bath Estate Planning
  • Bath Corporate Financial Planning
  • Bath Life Insurance Advice
  • Bath Investment Advice
  • Bath Mortgage Advice
  • Bath Pension Advice
  • Bath Retirement Planning
  • Bath Cheap Financial Advice
  • Bath Cashflow Analysis

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Bath Financial Advisor Jobs: Get financial adviser jobs in Bath here: Bath Financial Advisor Jobs

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Independent financial advisor in BA1 area, phone code 01225.

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(This financial advisor Bath page was revised and updated on 20-02-2024)