Financial Advisor Corby Northamptonshire (NN17): Finding a good independent financial advisor in the Corby area can be a daunting experience, especially if you are seeking financial advice for the first time. Whether it's mortgage, investment, pension or even insurance advice that you're after, there's one common rule for all qualified financial advisors; they all have to adhere to Financial Conduct Authority (FCA) regulations. This comes with various guarantees, thus after taking advice from a FCA approved financial advisor in Corby, you can seek recompense from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, if if things go awry.
A decent starting place in choosing a financial advisor in Corby can be family and friends, but remember that the sort of advice you're searching for could be different to theirs. Their advice needs to be personalised to your unique circumstances, 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 three different companies so as to check out the various options they can offer, and to find one that you can trust and feel comfortable with.
There are two main types of financial advisor in Corby; restricted advisors and independent financial advisors (IFA). An independent financial advisor won't be confined to a single company's services and products. Independent financial advice should be given in an impartial way and should cover the whole spectrum of financial companies and products. Consulting an independent financial advisor should allow you to select from the broadest possible range of services. A restricted advisor might be involved with a single product, as with a mortgage advisor, or be restricted to services and products from a particular provider.
Before accepting you as a client, any Corby financial advisor must be transparent about their charges, as set out by the Financial Conduct Authority. Although it varies based upon the kind of product you're looking for, there could be a set fee, an hourly rate, or you may even be charged a specific percentage of what you are investing. To discuss your goals and see if the advisor is a right fit for your circumstances, you will sometimes be offered a free preliminary consultation. Your account may be managed by a team as opposed to a single advisor, if you choose to go to one of the bigger firms in Corby.
Before any actual advice is given you'll need to fill out a confidential disclosure document, known as a "Fact Find" form, which tells the advising company about your financial situation and objectives. A Key Facts Document, or Initial Disclosure Document will also be handed to you, providing details about the financial advisors themselves, explaining the scope of their permissions in the financial arena and their status to offer restricted or independent advice. If you aren't satisfied with the service provided, and wish to complain, this document should also lay down your own rights and the options you can take. It should outline what you are signing up for, and any potential risks and benefits that exist should you choose to accept the advice offered, and it should be set down in plain language. The Key Facts Document must also inform you of the cooling-off period. This allows you to cancel the contract with your financial advisor within a certain number of days, and if any penalty charges are incurred.
When speaking to the financial advisor initially you should check their qualifications and experience. Do not be self-conscious about asking these questions, after all you're on the verge of entrusting your financial future to their expertise. All financial advisors in Corby must as a minimum hold a Level 4 qualification and be able to present an annual Statement of Professional Standing. You should not worry if your specific advisor's name doesn't show up on the Financial Services Register, providing the company is on the register, their personnel will be covered by the regulations. If they're not able to supply this evidence, the person cannot offer advice but is allowed to offer financial guidance. In financial terms guidance is somewhat different to advice and is not regulated in the same way. Therefore there's no recourse for either party if financial blunders occur.
If it is investments that you're interested in, your advisor will need to know the amount of risk you are ready to take on with your hard-earned money. High risk investments may offer bigger rewards, however some or all of your capital could be lost. In order to get the very best investment and financial advice, your savings goals must be carefully considered, i.e. how rapidly you need access to your funds, long or short term investments and how much capital you want to invest. One question you should ask yourself, which is often overlooked, is just how much you can actually afford to lose. This is sometimes referred to as your capacity for loss and may affect the services and products that could be offered for your consideration.
If you already have any current regular outgoings, savings, investments or mortgages, you should let your financial advisor know about these. This gives a clear picture of your current financial circumstances, and without this the advice you're given will most likely not be the best for you. Good financial advice should include diversifying your savings and investments by spreading the risk across a number of different products. A certified financial advisor in Corby will be aware of the best areas to consider, which mirror your financial situation and your goals.
Communicating in the clearest way possible, your financial advisor will unmask the complex world of finance and investment. This will permit you to compare services and products that meet your needs, and come to an informed decision. If the environment is important to you, you could maybe ask that ethical investment and savings schemes take top priority. This will allow you to support enterprises and companies which match your concerns, i.e. renewable energy or zero carbon, or perhaps keeping away from firms that don't meet your requirements.
It isn't that easy to work closely with a financial advisor in Corby without this impacting your work and other commitments. To allow you to seek advice at a time to suit you, face-to-face appointments can be supplemented with telephone and video conferencing. A competent financial advice company in Corby will have rigorous measures in force to ensure your details are kept secure and confidential, even if you rarely have an in-person meeting with your personal advisor, because remote and home working is no longer unusual.
Investment values can fall as well as rise, and this is a factor that you must always keep in mind. If it happens that your investment fails to make the amount of money you hoped for, it can be a very demoralising and stressful time. A downward trend in your investment isn't a recognised cause for complaint, unless your financial advisor has given you wrong or misleading information.
The firm's complaints procedure should be the place to start with any disputes, and the Key Facts Document will discuss this. You can tell the Financial Ombudsman about the problem if it is unresolved within the time set out by the regulating body, and your advisor is a member of the Financial Conduct Authority.
After reviewing the cause of the complaint, the Financial Ombudsman will make a ruling on the issue. If it is found that the complaint is justifiable, a decision is made on how the client can be compensated or the situation rectified. The financial advisor and their firm must abide by any ruling that is made by the Ombudsman, which becomes a legally binding decision as soon as the client has accepted it. Any compensation as set out by the Financial Ombudsman will also take into consideration any trouble, upset, distress and inconvenience caused to the customer during the process.
Financial advice can be provided in Corby and also in nearby places like: Gretton, Great Easton, Rockingham, Great Oakley, Caldecott, Upper Benefield, Harringworth, Desborough, Snatchill, Cottingham, Lyddington, Deene, Stanion, Brigstock, Geddington, Weldon, as well as in these postcodes NN17 1ET, NN17 1DY, NN17 1FN, NN17 1BX, NN17 1LG, LE16 8TP, NN17 1PS, NN17 1BU, NN17 1NX, NN17 1AP. Locally based Corby financial advisors will probably have the phone code 01536 and the postcode NN17. Click on the "enquiry" form or banner to get info on financial advisors in your area.
Essential Skills for a Financial Advisor
- Excellent skills in verbal communication.
- An excellent knowledge and understanding of economics and accounting with regard to financial products and markets.
- To have a flexible work ethic.
- Excellent management skills for negotiating product fees.
- To pay attention to detail and be thorough.
- To be good at promoting financial services and products.
- Attentive listening and interpersonal skills.
- A good level of mathematical knowledge for producing financial strategies.
- To have good IT skills.
- To have the ability to network and build solid relationships with customers.
- Good skills in customer service for determining customer needs and requirements.
Corby Financial Advice Services
There is a range of services which are provided by your local Corby financial advisor including personal financial planning, divorce financial planning, investment advice, trustee investment services, corporate financial planning in Corby, life insurance, corporate bonds, life assurance Corby, offshore investment advice, business planning, income protection advice, cashflow analysis Corby, unit trusts Corby, pension transfers, ethical investment advice, mortgage services in Corby, ISA's, financial planning, trusts, financial services, inheritance tax planning in Corby, investment plans Corby, will writing services Corby, retirement plans, mutual funds Corby, and lots more.
Financial Advisors Northamptonshire
In Northamptonshire you will also find: Warmington investment advisors, Cogenhoe investment advisors, Easton on the Hill financial advisors, Stanwick investment advice, Warmington financial advisors, Syresham financial advisors, West Haddon investment advice, Bugbrooke financial advisors, Flore investment advisors, Finedon investment advice, Spratton financial advice, Irchester financial advisors, Roade financial advisors, Middleton Cheney investment advisors, Sywell financial advisors, Silverstone financial advice, Hinton financial advisors, Braunston investment advice, Cogenhoe financial advice, Brixworth financial advisors, Earls Barton investment advice, Irthlingborough investment advisors, Earls Barton investment advisors, Irthlingborough investment advice, Walgrave investment advisors, Raunds investment advisors, Irchester investment advisors, Broughton financial advisors, Stanwick financial advisors, Ringstead financial advice.
Financial Advisors Near Corby
Also: Upper Benefield financial advisors, Great Easton financial advisors, Snatchill financial advisors, Cottingham financial advisors, Deene financial advisors, Great Oakley financial advisors, Rockingham financial advisors, Lyddington financial advisors, Weldon financial advisors, Stanion financial advisors, Desborough financial advisors, Geddington financial advisors, Gretton financial advisors, Caldecott financial advisors, Brigstock financial advisors, Harringworth and more.
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Financial Advisors Around Corby: Households in Cupar Crescent, Boden Close, Sandby Road, Arnhill Road, Teesdale Road, Cam Close, Bridge Street, Ashdown Place, Barn Close, Tavistock Square, Springfield Grove, The Lawns, Surfleet Close, Burgess Court, Teviot Close, Drayton Close, Brigg Court, Church Street, Sallow Road, Sheffield Walk, Coldermeadow Avenue, Brinkhill Walk, Brinsley Green, Bideford Square, Calder Close, Stafford Road, Thoroughsale Road, Clydesdale Road, Bridgewater Court, have needed financial advice recently. Financial advisors have also been active in the following local Corby postcodes: NN17 1ET, NN17 1DY, NN17 1FN, NN17 1BX, NN17 1LG, LE16 8TP, NN17 1PS, NN17 1BU, NN17 1NX, NN17 1AP.
If you would like to get local information relating to Corby, Northamptonshire take a look here
Independent financial advisor in NN17 area, phone code 01536.
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