Financial Advisor Cambridge

Cambridge Independent Financial Advice & Investment

Financial Advisor Cambridge Cambridgeshire (CB1): It can be an intimidating experience trying to locate a reliable financial advisor advisor in the Cambridge area, especially if it is the very first time that you're seeking financial advice. Whether it is pensions, mortgage, investment or even insurance advice that you're looking for, there's one common rule for all financial advisors; they all have to stick to Financial Conduct Authority regulations. This comes with various guarantees, therefore after taking advice from a FCA authorised financial advisor in Cambridge, you can seek recompense from the Financial Ombudsman or the Financial Services Compensation Scheme, if if things go awry.

Free Cambridge Financial Advisor Quotes

A good starting point in choosing a financial advisor in Cambridge may be family and friends, but keep in mind that the kind of advice you are searching for may be somewhat different to theirs. Financial advice should be individually tailored to your particular circumstances, and you'll find that certain financial advisors might not be appropriate for you. To investigate the options they can provide and find a financial advisor you feel comfortable with and can trust, it is a good idea to talk with at least three different companies, because after all choosing a financial advisor is a major decision.

Financial Advisor Cambridge Cambridgeshire (CB1)

There are 2 main kinds of financial advisor in Cambridge; independent financial advisors (IFA) and restricted advisors. An IFA will not be confined to the products and services of a single company. Encompassing the entire spectrum of financial companies and products, independent financial advice must be given in an unbiased and impartial way to clientele. Consulting an IFA should allow you to choose between the widest possible array of products. A restricted advisor could be limited to services and products from one particular company, or may even focus on a particular product, as may be the case with a mortgage advisor.

Before any financial advisor accepts you as a client, they're required by the Financial Conduct Authority to tell you about their charges. Dependant upon the product 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 see if the advisor is a good fit for your situation, a free initial consultation may be offered. If you go to one of the bigger Cambridge firms, your account could be managed by a team of advisors rather than just one individual.

Financial Advisors Cambridge UK (01223)

You will need to fill in a "Fact Find" document, which is a confidential disclosure form relating your ambitions and financial situation to the advising firm. An Initial Disclosure, or Key Facts Document will also be handed to you, providing information about the financial advisors themselves, outlining the extent of their permissions in the financial sector and their status to offer independent or restricted advice. Your rights will also be spelled out in this document, together with the options you can take if you need to complain because you are not happy with the service provided. It should be simple to understand, written in plain English, and explain precisely what you are committing yourself to, along with the risks and benefits of taking the proffered advice. This document will also tell you about the level of cooling-off period. This enables you to have a change of heart within a certain time period, and cancel the contract with your financial advisor.

The very first time you're talking to your financial advisor ensure that you check what qualifications and experience they've got. Asking these questions shouldn't be a cause for embarrassment, because you're about to entrust them with your financial wellbeing. A Level 4 qualification is the minimum required qualification for any Cambridge financial advisor, and they must also be able to present an annual Statement of Professional Standing. When you check the Financial Services Register, you shouldn't stress if your specific advisor's name does not show up on there; you should be able to locate the firm name, and that means the regulations covers all of their personnel. If these can't be provided the person can still offer financial guidance instead of advice. Guidance is different to advice as it isn't regulated in the same way, and if financial errors occur there will probably be no recourse to the client.

Financial Advisor Quotes in Cambridge Cambridgeshire

If you are looking for advice on investments you will be asked the amount of risk you are willing and able to accept. Substantial rewards might be possible with high risk investments, however you stand a greater chance of losing all or some of your funds. Your savings goals should be considered if the best investment and financial advice is to be given, i.e. long or short term investments, how much you wish to invest and how rapidly you need access to your money. One question you should ask yourself, which is usually neglected, is how much you can afford to lose. This may well affect the products and services that you are offered, and is commonly called your 'capacity for loss'.

Financial Advice Near Cambridge Cambridgeshire

If you have already got any current savings, investments, mortgage loans or regular outgoings, you'll want to let your financial advisor know about these. They'll need to know this, so they can get a picture of your financial situation and give the appropriate advice for you. Smart financial advice should include diversifying your investments and savings by spreading the risk across a number of different products. A professional financial advisor in Cambridge will be aware of the best areas to consider, which match your financial situation and your goals.

A financial advisor will throw open the complex world of finance, and communicate in as much plain speech as possible. This will allow you to compare services and products that match your needs, and come to an informed decision. If you're environmentally minded, you can even ask your advisor to stick to ethical savings and investment schemes. You will then be able to keep away from companies that investments meet your standards, but instead lend your support to those organisations and companies that address your concerns, for instance zero carbon or green energy.

It is not that easy to work closely with a financial advisor in Cambridge without this affecting your work day and other commitments. This can be alleviated by augmenting one-on-one appointments with video conferencing and telephone, thus allowing you to seek the guidance you need at a convenient time. An experienced financial advice company in Cambridge will have rigorous measures in force to ensure your details are kept confidential and secure, even if you hardly ever have a face-to-face meeting with your personal advisor, because home and remote working is no longer unusual.


You have to bear in mind that the financial sector can be an unpredictable one, and investment values can just as easily go down as well as up. If your investment fails to make the amount of money you were hoping for, it can be extremely disheartening and stressful. Unfortunately, your investment having a downward trend is not a recognised cause for complaint, except if it's down to incorrect or misleading information from your advisor.

Independent Financial Advisor Near Cambridge (CB1)

The firm's complaints procedure should be the best place to start with any disputes, and the Key Facts Document should clarify this. You can tell the Financial Ombudsman about the situation if it is unsolved within the timeframe set by the regulating authority, and your advisor is registered with the FCA.

The Financial Ombudsman will independently review the cause of the complaint and come to a decision. A decision will be made on how to financially compensate the customer, if the complaint is justified. Once the ruling is agreed on by the client it becomes a legally binding decision which the advisor and their company, must abide by. Any compensation fixed by the Financial Ombudsman will also account for any trouble, upset, inconvenience and distress caused to the client during the situation.

Book a Financial Advisor in Cambridge UK

Financial advice can be provided in Cambridge and also in: Cottenham, Horningsea, Teversham, Newtown, Trumpington, Newmarket, Girton, Cherry Hinton, St Neots, Petersfield, Fen Ditton, Grantchester, Grantchester Meadows, Milton, Chesterton, together with these postcodes CB1 0UT, CB1 0AR, CB1 0JS, CB1 0SH, CB1 0QT, CB1 0HT, CB1 0RE, CB1 0LX, CB1 0XN, CB1 0SG. Local Cambridge financial advisors will most likely have the phone code 01223 and the postcode CB1. Checking this out should confirm that you're accessing local financial advisers. Cambridge property owners are able to benefit from these and numerous other comparable services.

Pension Planning

Towards a secure retirement, pension planning takes a crucial role. The engagement of a financial advisor's services can bring about substantial process improvement. Assessing your current financial circumstances, a knowledgeable advisor will understand your retirement objectives and design a personalised pension plan. They navigate the intricacies of the UK's pension alternatives, which involve workplace pensions, the state pension, and self-invested personal pensions (SIPPs). You can leverage their expertise to make informed decisions about tax implications, contributions and investment choices. Working with a financial advisor in Cambridge ensures that you create a solid pension plan, providing financial stability and peace of mind for your future.

The State Pension is the cornerstone of UK pension planning, as it provides a standard level of retirement income that is backed by the government. Eligibility for the State Pension is usually based on a person's National Insurance record, which is built up over their working life. The changes to the State Pension age and the number of qualifying years needed have made it vital to understand the complexities of this scheme. (42316)

The Necessary Skills to be Financial Advisors

  • To have excellent IT skills.
  • Effective skills in customer service for determining client needs.
  • To be able to network and establish solid relationships with customers.
  • Effective management skills for the negotiation of product rates.
  • A thorough understanding and knowledge of economics and accounting with regard to financial markets and products.
  • To be goal driven.
  • To be thorough and pay attention to detail.
  • Attentive listening skills.
  • Excellent verbal communication skills.
  • To be good at promoting products and services.
  • A good level of maths knowledge for producing financial packages.

Cambridge Financial Advice Services

Financial Advice Tasks Cambridge

There are a wide array of services that are provided by your local Cambridge financial advisor including mutual funds, portfolio management in Cambridge, pension planning Cambridge, critical illness cover Cambridge, familt controlled trusts, cashflow planning in Cambridge, corporate financial planning, pension transfer advice, pension consolidation advice, financial analyst services, investment planning in Cambridge, multi-asset portfolios, ISA's in Cambridge, personal protection, saving for children Cambridge, pension reviews in Cambridge, investing an inheritance, pensions in divorce, life insurances, pension planning, investment bonds, mortgage advice, unit trusts, trustee investment services, annuities, trusts in Cambridge, personal pensions, annuity purchase Cambridge, stakeholder pensions Cambridge, will writing services in Cambridge, and lots more. These are just some of the activities that can be handled by a financial advisor. Cambridge professionals will keep you informed about their entire range of financial services.


Financial Advisors Near Cambridge

Also find: Grantchester financial advisors, Cherry Hinton financial advisors, Fen Ditton financial advisors, Milton financial advisors, Girton financial advisors, Trumpington financial advisors, Teversham financial advisors, Grantchester Meadows financial advisors, Chesterton financial advisors, Horningsea financial advisors and more. People who are looking for financial advice, will find that these types of services are readily available in most of these towns and villages. Residents in the region can make enquiries about financial advice by clicking here.

Cambridge Financial Advice Services

Find a Financial Advisor in Cambridge Here
Financial Advice Enquiries in Cambridge Cambridgeshire (01223)
  • Cambridge Trustee Investments
  • Cambridge Tax Advice
  • Cambridge Independent Financial Advice
  • Cambridge Inheritance Advice
  • Cambridge Corporate Financial Planning
  • Cambridge Life Insurance Advice
  • Cambridge Financial Services
  • Cambridge Cheap Financial Advice
  • Cambridge Investment Advice
  • Cambridge Retirement Planning
  • Cambridge Cashflow Analysis
  • Cambridge Financial Advice Quotes
  • Cambridge Mortgage Advice
  • Cambridge Pension Advice

If you need local information about Cambridge, Cambridgeshire take a look here

Financial Adviser Jobs Cambridge: See financial adviser jobs in Cambridge by clicking here: Financial Advisor Jobs Cambridge

Independent financial advisor in CB1 area, 01223.

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