Financial Advisor Cannock

Cannock Independent Financial Advice & Investment

Financial Advisor Cannock Staffordshire (WS11): If you are seeking financial advice for the very first time, trying to locate a good independent financial advisor in the Cannock area can be a quite daunting experience. Nevertheless, all professional financial advisors are bound by one common rule; they must all adhere to the regulations set by the Financial Conduct Authority, whether you're searching for mortgage, investment, pension or even insurance advice. The good thing about this is that if a financial advisor who is FCA registered gives you poor quality advice, and anything goes awry, you have guarantees, and can go to the Financial Ombudsman Scheme or the Financial Services Compensation Scheme to get things put right.

Free Cannock Financial Advisor Quotes

A decent starting place when choosing a financial advisor in Cannock could be friends and relatives, but remember that the type of advice you are searching for might be somewhat different to theirs. Their advice needs to be personalised to your unique circumstances, and every financial advisor isn't suitable for everyone. Selecting a financial advisor is a major decision and it is a good idea to talk with at least 3 different companies in order to check out the options they provide, and to find one that you can trust and feel at ease with.

Financial Advisor Cannock Staffordshire (WS11)

There are 2 main kinds of financial advisor in Cannock; independent financial advisors (IFA) and restricted advisors. Offering a broader range of options, an IFA should not be confined to the products or services of just one provider. Independent financial advice must be offered in an impartial and unbiased way and should cover the whole gamut of financial companies and products. Consulting an independent financial advisor should permit you to select from the widest possible array of products. A restricted advisor might be concerned with a single product, such as a mortgage advisor, or be restricted to products and services from one particular provider.

The Financial Conduct Authority requires that any Cannock financial advisor must fully discuss their charges with you, before accepting you as a client. You could be charged by the hour, a set fee or possibly even a specific percentage of your investment value, in accordance with kind of services you are looking for. To enable you to discuss your goals and determine whether the advisor is a right fit for you and your situation, a free initial consultation could be offered. In some of the bigger Cannock firms, you could find that your account is looked after by a team as opposed to an individual advisor.

Financial Advisors Cannock UK (01543)

You'll be required to fill out a "Fact Find" document, which is a confidential disclosure form relating your financial situation and targets to the advising firm. To provide details about the financial advisor, their status to offer restricted or independent advice and their scope of permissions in the financial arena, you'll also be handed an Initial Disclosure Document, or Key Facts Document. If you're not happy with the service, and wish to complain, this document will also lay out your own rights and the possible options you can take. It must be typed out in plain language and describe what you are signing up for, and any possible benefits and risks should you opt to take the offered advice. This document will also inform you of the level of cooling-off period. Within a certain time period, this enables you to cancel your agreement with the financial advisor.

When talking with your financial advisor the very first time ensure that you check their qualifications and experience. Don't be self-conscious about asking these questions, after all you're just about to entrust your financial future to their skill. A Level 4 qualification is the minimum required certification for any Cannock financial advisor, and they also have to be able to present you with an annual Statement of Professional Standing. When you check the Financial Services Register, you don't need to panic if your specific advisor's name doesn't show up on there; you ought to be able to find the company name, and that means the regulations covers all of their personnel. If they're unable to supply this proof, the individual can't offer advice but is able to offer financial guidance. Guidance is somewhat different to advice as it is not regulated in the same way, and if financial blunders are made there will likely be no recourse to the client.

Financial Advisor Quotes in Cannock Staffordshire

If it's investments that you're interested in, the advisor will need to know the level of risk you might be willing and able to take with your hard-earned cash. Higher risk investments could potentially offer substantial rewards, but all or some of your money could be lost. Your savings goals should be taken into account if decent financial and investment advice is to be given, i.e. how much you have to invest, long or short term investments and how rapidly you need to access your funds. You must invariably ask yourself the one vital question, how much money can you truly afford to lose. This is referred to as your capacity for loss and may influence the services and products that may be offered for your consideration.

Financial Advice Near Cannock Staffordshire

If you have already got any current regular outgoing payments, mortgages, savings accounts or investments, you need to let your financial advisor know about these. This should give a full and clear picture of your current financial circumstances, and without this the advice given might not be the most suitable for you. Diversifying your investments and savings by spreading the risk across a range of different products, is an essential part of reliable financial advice. Having a knowledge of the best areas to consider, a professional financial advisor will focus attention on products that fit in with your financial situation and goals.

A financial advisor will unmask the complex world of finance, and speak in as much plain speech as possible. This will help you to compare services and products which meet your needs, and come to an informed decision. You could ask your advisor only to choose ethical investment and savings schemes. This doesn't just give you investment possibilities, but also allows you to support renewable energy or zero carbon projects, and keep away from companies and businesses that don't share the same values that you do.

It isn't always easy to have a close working relationship with a financial advisor in Cannock without this impacting work and other commitments. One-on-one meetings can be supplemented with video conferencing and phone calls to enable you to seek advice at a time to suit you. Even if you hardly ever have a one-on-one meeting with your advisor, any professional financial advice company in Cannock will have strict measures in place to keep your details confidential and secure, because remote and home working is now so common.


Investments can be an unpredictable area, and values could fall as well as rise. It can be extremely demoralising and worrying if your investment isn't making as much money as you were hoping for. Unfortunately, a downward spiraling of your investment is not a recognised grounds for complaint, except if it is owing to misleading or incorrect information from your advisor.

Independent Financial Advisor Near Cannock (WS11)

As outlined in the Key Facts Document, any disputes should start out with the firm's official complaints procedure. You can tell the Financial Ombudsman about the situation if it remains unresolved within the timeframe stipulated by the regulating body, and the advisor is a member of the Financial Conduct Authority.

The Financial Ombudsman will independently review the cause of the complaint and come to a decision. If it's established that the complaint is legitimate, a decision will be made on how the customer can be compensated or the situation rectified. The advisor and their firm must abide by any ruling that's made by the Ombudsman, which becomes a legally binding decision as soon as the client has agreed to it. Any compensation as set out by the Financial Ombudsman will also take into account any upset, distress, inconvenience and hassle caused to the client during the process.

Book a Financial Advisor in Cannock UK

Financial advice can be provided in Cannock and also in nearby places like: Littleworth, Great Wyrley, Hednesford, Huntington, Wimblebury, Broomhill, Chadsmoor, Green Heath, Four Crosses, Calf Heath, Burntwood, Heath Hayes, Four Ashes, Pillaton, Stoney Lea, Wedges Mill, Bridgtown, together with these postcodes WS11 4NN, WS11 4BA, WS11 5DZ, WS11 4BE, WS11 1JA, WS11 1JR, WS11 4RB, WS11 4QH, WS11 1BG, WS11 1DY. Locally based Cannock financial advisors will most likely have the postcode WS11 and the telephone dialling code 01543.

Cannock Financial Advice Services

Financial Advice Tasks Cannock

There is a variety of services which are provided by your local Cannock financial advisor including will writing services Cannock, pension advice, annuities in Cannock, mortgage advice, mutual funds, ethical investment advice in Cannock, unit trusts Cannock, corporate bonds, stakeholder pension advice, independent financial advice in Cannock, cashflow analysis Cannock, financial analyst services, investment planning, divorce planning, ISA's in Cannock, inheritance tax planning, portfolio management, investment advice, business planning in Cannock, corporate financial planning in Cannock, income protection, equity release advice, tax advice, pension reviews in Cannock, cheap financial advice, and lots more.

A Financial Advisor's Everyday Tasks

  • A financial advisor provides education, counselling and consultation regarding investments and finances.
  • A financial advisor works in conjuction with associates to gather trends, market information and statistics.
  • A financial advisor keeps fully up to date with law changes and new financial products.
  • A financial advisor keeps a record of customers and transactions.
  • A financial advisor produces detailed financial reports.
  • A financial advisor updates customers about their investments.
  • A financial advisor researches financial products and explains them clearly and simply to customers.
  • A financial advisor negotiates with providers of financial products.
  • A financial advisor speaks with clients about their plans and finances.
  • A financial advisor meets sales and performance targets.

The Skills and Knowledge Needed to be a Financial Advisor

  • Good verbal communication skills.
  • A thorough knowledge of accounting and economics associated with financial products and markets.
  • To have the ability to use a computer and the principal software programs.
  • Excellent customer service skills for identifying customer needs and requirements.
  • Excellent management skills for negotiating product prices.
  • An outstanding level of maths knowledge for producing financial strategies.
  • To pay attention to detail and be thorough.
  • To have the ability to listen attentively
  • The ability to sell financial services and products.
  • To have excellent time management skills.
  • To be able to network and establish solid relationships with customers.

Financial Advisors Near Cannock

Also find: Four Crosses financial advisors, Pillaton financial advisors, Littleworth financial advisors, Calf Heath financial advisors, Stoney Lea financial advisors, Green Heath financial advisors, Heath Hayes financial advisors, Bridgtown financial advisors, Chadsmoor financial advisors, Huntington financial advisors, Broomhill financial advisors, Burntwood financial advisors, Wimblebury financial advisors, Hednesford financial advisors, Wedges Mill financial advisors, Great Wyrley financial advisors, Four Ashes financial advisors and more.

Cannock Financial Advice Services

Find a Financial Advisor in Cannock Here
Financial Advice Enquiries in Cannock Staffordshire (01543)
  • Cannock Mortgage Advice
  • Cannock Investment Advice
  • Cannock Cashflow Analysis
  • Cannock Trustee Investments
  • Cannock Retirement Planning
  • Cannock Independent Financial Advice
  • Cannock Life Insurance Advice
  • Cannock Inheritance Advice
  • Cannock Tax Advice
  • Cannock Estate Planning
  • Cannock Financial Services
  • Cannock Wealth Management
  • Cannock Financial Advice Quotations
  • Cannock Corporate Financial Planning

More Cannock Services: Of course, when you happen to be looking at your finances in Cannock, Staffordshire, you will likely be in need of all sorts of different services and together with a financial advisor in Cannock, Staffordshire, you may additionally need property law & conveyancing in Cannock, debt recovery & collection in Cannock, tax preparation in Cannock, wills & probate in Cannock, mortgage advice in Cannock, family lawyers in Cannock, mortgage brokers in Cannock, accountants in Cannock, banruptcy lawyers in Cannock, investment advisors in Cannock, contracts lawyers in Cannock, payroll services in Cannock, business financial planning in Cannock, business consulting in Cannock, bookkeepers in Cannock, solicitors in Cannock, estate planning in Cannock, and other different Cannock experts.

Financial Advisors Around Cannock: Financial advice has recently been given in these Cannock areas and streets - Deer Park, Tutbury Close, Abbey Street, Saunders Close, Chaseley Croft, The Glade, Commonside, Croft Avenue, Adelaide Drive, Buckthorn Close, Spinney Close, Sheraton Close, Clarkes Avenue, Cheviot Rise, Boydon Close, Burntwood Road, Bridge Street, Common Lane, Celtic Road, Bristol Close, St Michaels Drive, Southgate, St Pauls Close, Canterbury Way, Tame Grove, Broadhurst Close, Beech Court, Broadoaks Close, as well as the following local Cannock postcodes: WS11 4NN, WS11 4BA, WS11 5DZ, WS11 4BE, WS11 1JA, WS11 1JR, WS11 4RB, WS11 4QH, WS11 1BG, WS11 1DY.

If you're interested in local Cannock info click here

Independent financial advisor in WS11 area, phone code 01543.

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