Financial Advisor Bognor Regis West Sussex (PO21): If you're seeking financial advice for the first time, trying to find a good financial advisor advisor in Bognor Regis can be a daunting experience. However, all financial advisors are bound by one common rule; they all have to adhere to the regulations laid down by the FCA (Financial Conduct Authority), regardless of whether you are looking for mortgage, investment, pensions or even insurance advice. Any advice given by a FCA certified financial advisor in Bognor Regis comes with the guarantee that should things go wrong, you can contact the Financial Services Compensation Scheme or the Financial Ombudsman.
When choosing a financial advisor in Bognor Regis, a good place to begin could be family and friends, but you must remember that your circumstances may not be the same as theirs, and you might need a different sort of advice. Financial advice needs to be specifically tailored to your unique situation, and you will discover that certain financial advisors may not be appropriate for your requirements. To investigate the options that they can provide and find a financial advisor you feel comfortable with and can trust, it pays to talk to at least 3 different companies, because picking a financial advisor is an important decision.
When it comes to picking a financial advisor in Bognor Regis, there are two principal types; independent financial advisors and restricted advisors. Offering a wider range of options, an IFA won't be restricted to the services or products of just one provider. Independent financial advice must encompass the full gamut of financial products and companies, and must be offered in an unbiased way. This will allow you to pick from the broadest range of services to match your needs. A restricted financial advisor may be involved with an individual product, such as a mortgage advisor, or be limited to services and products from a particular company.
Before any financial advisor in Bognor Regis accepts you as a client, they are required by the Financial Conduct Authority to be fully transparent with you about their charges. You may be charged a set fee, by the hour or possibly even a specific percentage of your investment, according to product you require. To discuss your aims and find out if the advisor is suitable for you and your circumstances, you might be offered a free initial consultation. Your account may be managed by a team rather than a single advisor, if you choose to use one of the larger firms in Bognor Regis.
You'll be asked to fill out a "Fact Find" document, which is a confidential disclosure form relating your financial situation and objectives to the advising company. A Key Facts Document, or Initial Disclosure Document will also be given to you, providing information regarding the financial advisors themselves, explaining the extent of their permissions in the financial market and their status to offer independent or restricted advice. This document should also lay down your own rights and the possible options you can take if you are not satisfied with the service, and would like to complain. It should detail exactly what you're signing up for, and any potential risks and benefits that exist if you choose to accept the advice offered, and it has to be laid out in plain language. The allowed cooling-off period should also be explained in this document. This allows you to change your mind within a certain number of days, and cancel the contract with your financial advisor.
The first time you are chatting with the financial advisor you should check what experience and qualifications they've got. Asking these questions should never cause you any embarrassment, because after all you're about to entrust them with your financial wellbeing. Every Bognor Regis financial advisor must be able to present an annual Statement of Professional Standing, and must at least hold a Level 4 qualification. When you check the Financial Services Register, you shouldn't panic if your particular advisor's name doesn't show up on there; you will probably find the company name, and that means the legislation covers all of their personnel. The person can still offer financial guidance as opposed to advice, if these cannot be provided. In financial terms guidance differs to advice and isn't regulated in the same way. Therefore there isn't any recourse for the client if financial blunders are made.
You will be asked the amount of risk you are willing and able to take, if you are seeking advice on investing money. Many investments carry some element of risk, but high risk investments could offer substantial rewards, and also more likelihood of losing some or all of your capital. In order to get the best investment and financial advice, your savings objectives will have to be given careful consideration, i.e. how much you wish to invest, how rapidly you need to access your funds and short or long term investments. The one question that you should ask of yourself, which is often neglected, is just how much you can actually afford to lose. Known as your capacity for loss, this will very likely have an effect on products and services that you are offered.
If you've already got any existing mortgages, investments, regular outgoing payments or personal savings, you have to tell your financial advisor about these. They'll need these details, so they can get a picture of your financial situation and give the appropriate advice for your needs. The diversification of your savings and investments by spreading the risk load across a number of different products, is a vital part of reliable financial advice. With a knowledge of the best areas to consider, a certified financial advisor will favour products that fit in with your goals and financial situation.
Communicating in in the simplest terms possible, your financial advisor will lay bare the multifaceted world of investment and finance. After learning about the various products and services which match your needs, you should be able to make an informed and deliberative decision. If the environment is important to you, you could even ask that ethical savings and investment schemes take top priority. This will allow you to support businesses and companies that match your concerns, e.g. zero carbon or renewable energy, or perhaps staying away from companies that don't meet your requirements.
It is not that easy to have a close working relationship with a financial advisor in Bognor Regis without this impacting your work day and other obligations. Face-to-face meetings can be augmented with phone calls and video conferencing to enable you to get advice at a time to suit you. Remote and home working is now so common, and a professional financial advice provider in Bognor Regis will have stringent measures in force to ensure your details are kept secure and confidential, even if you rarely have a face-to-face meeting with your personal advisor.
Investment values could drop as well as rise, and this is a factor that you have to bear in mind. If it just so happens that your investment is not making as much money as you were hoping for, it can be a very worrying and disheartening time. However, unless it is down to misleading or incorrect information from your financial advisor, a downward spiral in your investment is not a recognised cause for complaint.
The company's complaints procedure should be the best place to start with any disputes, and the Key Facts Document should discuss this. If the financial advisor is registered with the Financial Conduct Authority, you can tell the Financial Ombudsman about the problem if it is unsolved within the time period set out by the regulating body.
After independently reviewing the cause of the complaint, the Financial Ombudsman will make a ruling on the issue. If the complaint is found to be justified, a decision will be made on how to rectify the situation or financially compensate the customer. Once agreed on by the client, the decision becomes a legally binding one, and the advisor and their company must comply with it. The Ombudsman will also take into consideration any distress, annoyance, inconvenience and trouble caused to the customer during the situation, and fix the level of compensation proportionately.
Financial advice can be provided in Bognor Regis and also nearby in: North Bersted, Flansham, Pagham, Yapton, Aldingbourne, Barnham, Middleton on Sea, Bilsham, Woodgate, Aldwick, Whyke, Felpham, North Mundham, Ancton, Eastergate, Chichester, Shripney, together with these postcodes PO21 1DR, PO21 1BA, PO21 1NU, PO21 1HZ, PO21 1BX, BN17 5RX, PO21 1AU, PO21 1DA, PO21 1BE, PO21 1JB. Locally based Bognor Regis financial advisers will most likely have the phone code 01243 and the postcode PO21.
Financial Advice Enquiries West Sussex
Recently posted West Sussex financial advice enquiries: Emanuel Bird and India Bird from Cowfold recently enquired about life assurance. Alexandre Nicholson from Rudgwick recently asked for information on pensions. Odin Brook from Henfield recently enquired about investment advice. Mr and Mrs Singleton from Harting recently asked for information on financial planning. Zunairah and Seb Macintyre from Rustington, West Sussex recently asked for information on pensions. Amy and Sami Gill from Findon, West Sussex recently asked for information on life assurance. Rico Wilton from Findon recently asked for information on family income benefit. Silas Byrne and Emmanuella Byrne from Lower Beeding, West Sussex recently asked for information on equity release.
Bognor Regis Financial Advice Services
There is a wide range of services that are provided by your local Bognor Regis financial advisor including income protection advice, annuity purchases in Bognor Regis, tax planning, trusts, investment advice, trustee investment services in Bognor Regis, financial services, investment advice in Bognor Regis, cashflow analysis, life insurances, pension plans in Bognor Regis, stakeholder pensions in Bognor Regis, business financial planning, pension reviews, investment bonds, equity release in Bognor Regis, corporate financial planning, cheap financial advice, divorce planning, corporate bonds, portfolio management, general financial planning Bognor Regis, pension advice, inheritance tax planning, annuities, and more.
Skills and Knowledge Needed to be Financial Advisors
- To be capable of using a computer and the key software programs.
- Good skills in verbal communication.
- An outstanding level of math knowledge for producing financial packages.
- An outstanding understanding of accounting and economics with regard to financial markets and products.
- To have the ability to network and establish relationships with customers.
- To be organised and self-motivated.
- To have the ability to listen attentively
- Excellent skills in customer service for determining client requirements.
- To be thorough and pay attention to detail.
- Excellent management skills for the negotiation of product rates.
- To be good at selling products and services.
Financial Advisors West Sussex
In the West Sussex area you will additionally discover: Middleton on Sea investment advisors, Rustington financial advice, Balcombe financial advisors, Wisborough Green financial advisors, Horsted Keynes investment advisors, Milland financial advice, Birdham financial advice, Aldwick investment advice, Slinfold financial advice, Sayers Common investment advisors, Southgate investment advice, Lavant financial advice, Northchapel investment advisors, Hunston investment advice, Barns Green financial advice, Sidlesham financial advice, Lavant investment advice, Chidham financial advice, Bersted financial advisors, Oving investment advice, Scaynes Hill investment advisors, Kirdford financial advice, Barnham financial advisors, Birdham financial advisors, Westbourne investment advice, Henfield investment advice, Lower Beeding investment advisors, Ashington financial advisors, Harting investment advice.
Financial Advisors Near Bognor Regis
Also: Middleton on Sea financial advisors, Ancton financial advisors, North Bersted financial advisors, Yapton financial advisors, Aldwick financial advisors, Eastergate financial advisors, Barnham financial advisors, Shripney financial advisors, North Mundham financial advisors, Flansham financial advisors, Whyke financial advisors, Woodgate financial advisors, Aldingbourne financial advisors, Pagham financial advisors, Chichester financial advisors, Bilsham financial advisors, Felpham and more.
- Bognor Regis Trustee Investments
- Bognor Regis Estate Planning
- Bognor Regis Cheap Financial Advice
- Bognor Regis Life Insurance Advice
- Bognor Regis Pension Advice
- Bognor Regis Financial Services
- Bognor Regis Financial Advice
- Bognor Regis Corporate Financial Advice
- Bognor Regis Tax Advice
- Bognor Regis Wealth Management
- Bognor Regis Mortgage Advice
- Bognor Regis Retirement Advice
- Bognor Regis Cashflow Analysis
- Bognor Regis Investment Advice
Financial Advisors Around Bognor Regis: Financial advice has recently been given in these Bognor Regis areas and roads - Aldwick Road, The Hard, Bradlond Close, Cranford Gardens, Southview Road, Shearwater Drive, Cardinals Drive, Stonehill Crescent, Church House Mews, The Thicketts, Beaconsfield Close, Carlton Avenue, Sarisbury Close, Aspen Way, Shaw Close, Crossbush Road, Ancton Way, The Nurseries, Boxgrove Gardens, Thorndene Avenue, Alder Way, Bay Walk, St Thomas Drive, Brooks Lane West, Ancton Lane, Alexandra Terrace, Somerset Gardens, Blakes Road, Stoneage Close, Annandale Avenue, as well as the following Bognor Regis area postcodes: PO21 1DR, PO21 1BA, PO21 1NU, PO21 1HZ, PO21 1BX, BN17 5RX, PO21 1AU, PO21 1DA, PO21 1BE, PO21 1JB.
Bognor Regis Financial Advisor Jobs: Get financial adviser jobs near Bognor Regis by going here: Bognor Regis Financial Advisor Jobs
For the latest local info regarding Bognor Regis, West Sussex click here
More West Sussex Financial Advisors: More Burgess Hill, Littlehampton, Bognor Regis, Hurstpierpoint, Haywards Heath, Worthing, Lancing, Crawley, East Grinstead, Chichester, Shoreham-by-Sea, Horsham, Rustington, Southwater and Southwick.:
Independent financial advisor in PO21 area, (dialling code 01243).
Life Insurance Bognor Regis - Independent Financial Advisors Bognor Regis - Independent Financial Advisor Bognor Regis - Cheap Financial Advice Bognor Regis - Pension Advice Bognor Regis - Financial Advice Bognor Regis - Personal Financial Advice Bognor Regis - Financial Advice Quotes Bognor Regis - Financial Planning Bognor Regis