Financial Advisor Colchester

Colchester Independent Financial Advice & Investment

Financial Advisor Colchester Essex (CO1): If you're seeking financial advice for the very first time, trying to locate a decent financial advisor advisor in Colchester can be a quite daunting experience. Whether you're looking for pension, investments, mortgage or even insurance advice, all professional financial advisors are bound by one common rule; they all have to stick to the regulations laid down by the Financial Conduct Authority (FCA). This comes with some guarantees, thus after getting advice from a FCA approved financial advisor in Colchester, you can seek recompense from the Financial Ombudsman or the Financial Services Compensation Scheme, if anything goes wrong.

Free Colchester Financial Advisor Quotes

When choosing a financial advisor in Colchester, a good place to start could be friends and family, however you must keep in mind that your situation may not be the same as theirs, and you might be in need of a different sort of advice. Financial advice should be specifically tailored to your particular circumstances, and you will discover that certain financial advisors might not be appropriate for your requirements. To check out the various options that they are offering and find a financial advisor you can trust and feel comfortable with, it is a good idea to talk with at least three different companies, because selecting a financial advisor is an important decision.

Financial Advisor Colchester Essex (CO1)

Independent financial advisors and restricted advisors, are the 2 main kinds of financial advisor in Colchester. An IFA should not be confined to the services and products of just one provider. Independent financial advice should be offered in a frank and impartial way and across the whole spectrum of financial products and companies. If you elect to use an IFA, you will be able to select from the broadest possible range of products, in order to find the right solution for your needs. A restricted advisor could be involved with an individual product, such as a mortgage advisor, or be restricted to services and products from a single provider.

Before any Colchester financial advisor takes you on as a client, they are required by the FCA to be fully transparent with you about their charges. Based upon the kind of services you're looking for, you could be charged by the hour, a set fee or perhaps even a slice of your investment value. To discuss your aims and determine whether the advisor is a good fit for your situation, a free preliminary consultation might be offered. Your account might be looked after by a team as opposed to one individual advisor, if you decide to go with one of the bigger Colchester firms.

Financial Advisors Colchester UK (01206)

Before any actual financial advice is given you'll have to fill in a confidential disclosure form, called a "Fact Find" document, which informs the advising company about your financial situation and aims. To provide details about the financial advisor, their status to offer independent or restricted advice and the extent of their permissions in the financial sector, you'll also be handed an Initial Disclosure Document, or Key Facts Document. If you aren't satisfied with the service, and wish to complain, this document should also set down your own rights and the possible options you can take. It must be easy to understand, written in layman's terms, and outline precisely what you're committing yourself to, along with the benefits and risks of taking the proffered advice. The Key Facts Document will also tell you about the level of cooling-off period. Within a certain time period, this permits you to cancel the contract with your financial advisor.

You need to check what qualifications and experience the financial advisor has when you first speak to them. Don't be embarrassed about asking these questions, after all you are about to entrust your financial wellbeing to their expertise. A Level 4 qualification in financial advice is the minimum required qualification for any Colchester financial advisor, and they must also be able to show an annual Statement of Professional Standing. You shouldn't freak out if your advisor's name doesn't appear on the Financial Services Register, providing the firm is on the register, their employees will be covered by the legislation. If they're unable to provide these accreditations, the individual can't offer advice but is able to offer financial guidance. Guidance differs to advice as it is not regulated in the same way, and if financial blunders occur there will likely be no recourse to the client.

Financial Advisor Quotes in Colchester Essex

If you're needing advice on investing money you will be asked the amount of risk you are willing and able to take. Most investments carry some element of risk, but higher risk investments could potentially offer higher rewards, but also more chance of losing some or all of your cash. Your savings goals will have to be taken into account if good quality investment advice is to be given, i.e. how quickly you need access to your money, how much money you want to invest and short or long term investments. You should invariably ask yourself the one important question, how much money can you truly afford to lose. This might influence the products and services that could be offered for your consideration, and is referred to as your 'capacity for loss'.

Financial Advice Near Colchester Essex

From the outset, it is vital that you let your financial advisor know about any existing personal savings, regular outgoings, investments or mortgages that you have. This will provide a clear picture of your current financial circumstances, and without this the advice given will most likely not be the best for you. Spreading the risk load across a number of different products through the diversification of your investments and savings, is something that good quality financial advice should allow for. So as to match your financial situation and goals, a professional financial advisor in Colchester will have the knowledge of the best products to consider.

Communicating in in the simplest terms possible, your financial advisor will lay bare the multifaceted world of finance and investment. You should be in a position to come to an informed decision once you have compared the various products and services which match your needs. If environmental issues are important to you, you could maybe ask that ethical investment and savings schemes take precedence. You will then be able to keep clear of firms that corporations meet your requirements, but instead lend your support to those organisations and companies that match your concerns, for example zero carbon or renewable energy.

Establishing a close working relationship with your financial advisor in Colchester could cause issues with your work life and other obligations. One-on-one appointments can be supplemented with video conferencing and telephone calls to enable you to get advice at a time to suit you. A professional financial advice company in Colchester will have stringent measures in force to keep your details confidential and secure, even if you hardly ever have a one-on-one meeting with your advisor, because home and remote working is now so common.


Investment values can go down as well as up, and this is a factor that you must always remember. If your investment fails to make as much money as you hoped for, it can be incredibly stressful and disheartening. However, unless it is owing to misleading or incorrect information from your financial advisor, a downward spiraling of your investment is not a recognised basis for complaint.

Independent Financial Advisor Near Colchester (CO1)

The company's official complaints procedure should be the place to start with any grievances, and the Key Facts Document will clarify this. If your advisor is registered with the FCA, you can let the Financial Ombudsman know about the problem if it is unresolved within the timeframe laid down by the regulating body.

The Financial Ombudsman will come to a decision after reviewing the cause of the complaint independently. A decision will be made on how to rectify or financially compensate the client, if the complaint is upheld. On acceptance by the client, the ruling will become a legally binding one, and the advisor and their company must abide by it. Any trouble, upset, distress and inconvenience caused to the customer during the process, will be accounted for when the Financial Ombudsman sets the level of compensation.

Book a Financial Advisor in Colchester UK

Financial advice can be provided in Colchester and also in nearby places like: Lexden, Fox Street, Parsons Heath, Stanway, Coggeshall, Ardleigh, Crockleford Heath, West Bergholt, Highwoods, Aldham, Greenstead, Braiswick, Maypole Green, Horkesley Heath, Wivenhoe, Mile End, together with these postcodes CO1 1HP, CO1 1HW, CO1 1RX, CO1 1TG, CO1 1NT, CO1 1LP, CO1 1LG, CO1 1HG, CO1 1RR, CO1 1LL. Locally based Colchester financial advisers will probably have the dialling code 01206 and the postcode CO1.

Colchester Financial Advice Services

Financial Advice Tasks Colchester

There are a whole host of services which are provided by your local Colchester financial advisor including annuities, portfolio management Colchester, financial analyst services Colchester, ISA's, investment bonds, tax advice, cash flow modelling in Colchester, pension consolidation, mortgage financial planning, life assurance advice Colchester, divorce financial planning, general financial planning in Colchester, inheritance tax planning, pension advice Colchester, cheap financial advice in Colchester, long term care fee planning, mutual funds, income protection Colchester, pension transfers, investment planning, financial planning, trusts, stakeholder pensions in Colchester, pension drawdowns, investment planning in Colchester, and more.

Everyday Duties of a Financial Advisor

  • Collaborating with providers of financial products.
  • Maintaining detailed records of potential customers and transactions.
  • Meeting sales and performance targets.
  • Keeping up to date with new financial products and legislation changes.
  • Producing in-depth financial reports.
  • Talking with customers about their finances and plans.
  • Providing consultation, counselling and education with regards to investments and finances.
  • Working with associates to collect market information, trends and statistics.
  • Updating customers about their investments.
  • Recommending the financial products that are best-suited to clients.

Essex Financial Advisors

Financial CO1 Financial Advisor Investment Essex Colchester Advisor Services Advice Advisers Financial Advice Advisors 01206

In Essex you will likewise find: Thorrington financial advisors, West Mersea financial advice, Little Clacton investment advisors, Roydon financial advisors, Thorpe le Soken investment advice, Horndon on the Hill investment advisors, Theydon Bois investment advisors, Chipping Ongar financial advisors, Chalkwell investment advice, Ongar investment advice, Great Leighs financial advisors, Alresford investment advisors, Great Baddow financial advisors, Tolleshunt Darcy investment advisors, Maylandsea investment advice, West Thurrock financial advice, Purleigh financial advisors, Little Baddow investment advisors, Pitsea investment advisors, Dedham financial advice, Gosfield financial advisors, Elmstead Market investment advisors, Great Chesterford investment advice, Runwell investment advisors, Winchelsea Beach financial advice, Steeple Bumpstead investment advice, Little Oakley investment advisors, Blackmore financial advisors, Great Bentley financial advisors.

Fundamental Skills for a Financial Advisor

  • A solid knowledge and understanding of accounting and economics associated with financial products and markets.
  • Effective skills in customer service for identifying customer requirements and needs.
  • Good management skills for the negotiation of product prices.
  • To be goal driven.
  • To have attentive listening and interpersonal skills.
  • Outstanding verbal communication skills.
  • To pay attention to detail and be thorough.
  • To be capable of using a computer and the principal software programs.
  • To be good at promoting financial services and products.
  • A competent level of mathematical knowledge for building financial plans.
  • To be able to network and build relationships with customers.

Essex Financial Advice Enquiries

Financial Advice Enquiries Essex

Latest Essex financial advice enquiries: Remy and Ruth Wharton from Little Baddow recently asked for information on pensions. Mr and Mrs Anderson from Doddinghurst, Essex recently asked for information on equity release. Emerson and Ava-Rose Curtis from Jaywick recently enquired about life assurance. Amalie Ring and Lee Ring from Great Waltham, Essex recently enquired about financial planning. Mr and Mrs Tailor from Rainham, Essex recently asked for information on life assurance. Alby Rogers from Sandon recently enquired about family income benefit. Lyla Rowlinson from Great Totham recently enquired about investment advice. Mr and Mrs Poole from Lambourne, Essex recently asked for information on investment bonds.


Financial Advisors Near Colchester

Also find: Coggeshall financial advisors, Lexden financial advisors, Mile End financial advisors, West Bergholt financial advisors, Braiswick financial advisors, Greenstead financial advisors, Wivenhoe financial advisors, Stanway financial advisors, Fox Street financial advisors, Horkesley Heath financial advisors, Maypole Green financial advisors, Parsons Heath financial advisors, Highwoods financial advisors, Crockleford Heath financial advisors, Ardleigh financial advisors, Aldham financial advisors and more.

Colchester Financial Advice Services

Find a Financial Advisor in Colchester Here
Financial Advice Enquiries in Colchester Essex (01206)
  • Colchester Cashflow Analysis
  • Colchester Investment Advice
  • Colchester Life Insurance Advice
  • Colchester Tax Advice
  • Colchester Trustee Investments
  • Colchester Independent Financial Advice
  • Colchester Cheap Financial Advice
  • Colchester Financial Services
  • Colchester Estate Planning
  • Colchester Mortgage Advice
  • Colchester Wealth Management
  • Colchester Financial Advice Quotations
  • Colchester Corporate Financial Advice
  • Colchester Retirement Advice

More Colchester Services: Not surprisingly, when you are looking at your finances in Colchester, Essex, you will probably need all sorts of different services and together with a financial advisor in Colchester, Essex, you may also need contracts lawyers in Colchester, investment advisors in Colchester, tax preparation in Colchester, wills in Colchester, banruptcy lawyers in Colchester, family lawyers in Colchester, payroll services in Colchester, business financial planning in Colchester, mortgage brokers in Colchester, mortgage advice in Colchester, bookkeepers in Colchester, debt recovery & collection in Colchester, property law & conveyancing in Colchester, accounting in Colchester, solicitors in Colchester, estate planning in Colchester, business consulting in Colchester, and other different Colchester experts.

Financial Advisors Around Colchester: Financial advice has recently been given in these Colchester roads and streets - Sandwich Road, Alton Drive, Darnell Way, School Street, Broad Oaks, Chapel Street South, Alma Street, Albion Grove, De Vere Estate, Carolina Way, Clover Way, Denham Close, Boarded Barn Road, Bell Green, The Cloisters, Alresford Road, Cannon Road, Church Grove, De Vere Close, Sage Road, Brook Hall Road, Clairmont Road, Salerno Crescent, The Glebe, Thomas Bell Road, Songers Cottages, Ambrose Court, Ash Close, Springfields, Aldous Close, as well as these Colchester area postcodes: CO1 1HP, CO1 1HW, CO1 1RX, CO1 1TG, CO1 1NT, CO1 1LP, CO1 1LG, CO1 1HG, CO1 1RR, CO1 1LL.

If you're interested in local Colchester information go here

Financial Advisor Jobs Colchester: Browse financial advisor jobs near Colchester by going here: Financial Advisor Jobs Colchester

Independent financial advisor in CO1 area, and dialling code 01206.

TOP - Financial Advisor Colchester

01206 - Financial Services Colchester - Business Financial Advisors Colchester - Mortgage Advice Colchester - Independent Financial Advisor Colchester - Investment Advice Colchester - Personal Financial Advice Colchester - CO1 - Cheap Financial Advice Colchester