Financial Advisor Dundee

Dundee Independent Financial Advice & Investment

Financial Advisor Dundee Scotland (DD1): Finding a good independent financial advisor in Dundee can be a daunting experience, in particular if you're needing financial advice for the very first time. Whether it's pensions, mortgage, investment or even insurance guidance that you're searching for, there is one common rule for all professional financial advisors; they must all abide by Financial Conduct Authority regulations. The advantage of this is that if a financial advisor who is FCA certified gives you poor quality advice, and things go awry, you have guarantees, and can contact the Financial Ombudsman or the Financial Services Compensation Scheme to have it put right.

Free Dundee Financial Advisor Quotes

When selecting a financial advisor in Dundee, a good starting point could be friends and relations, however you must bear in mind that your circumstances may not be the same as theirs, and you might be in need of a different kind of advice. Every financial advisor isn't suitable for everyone, and any advice they provide needs to be tailored to your specific situation. Picking the right financial advisor is important and it pays to speak with at least three different firms in order to check out the various options they offer, and to find one you feel comfortable with and can trust.

Financial Advisor Dundee Scotland (DD1)

Restricted advisors and independent financial advisors, are the 2 main types of financial advisor in Dundee. Offering a wider range of options, an independent financial advisor won't be limited to just one provider's products or services. Independent financial advice must encompass the full gamut of financial companies and products, and must be given in an unbiased way. If you elect to use an IFA, you'll be able to choose from the widest possible range of products, in order to find the right solution for your needs. A restricted advisor could be focused on an individual product, such as a mortgage advisor, or be restricted to products and services from one particular provider.

The Financial Conduct Authority demands that any financial advisor in Dundee must discuss their charges with you, before taking you on as a client. Although it can vary based upon the kind of product or service you're interested in, there could be a set fee, an hourly rate, or you may even be charged a specific percentage of what you're investing. You may be offered the possibility of a free first consultation to allow you to discuss your goals and determine whether the advisor is suitable for your situation. If you use one of the bigger Dundee firms, your account may be handled by a team of advisors rather than a single individual.

Financial Advisors Dundee UK (01382)

Before any actual financial advice is handed out you'll be required to fill in a confidential disclosure form, called a "Fact Find" document, which informs the advising company about your financial situation and targets. You will also be given an Initial Disclosure, or Key Facts Document, which gives you information about the financial advisor, their situation for offering restricted or independent advice and their range of permissions in the financial arena. Your own rights will also be set out in this document, along with the options you can take if you wish to submit a complaint because you're not satisfied with the service you're given. It should describe exactly what you are committing yourself to, and any potential risks and benefits should you elect to accept the offered advice, and it must be laid out in plain language. The Key Facts Document must also inform you about the level of cooling-off period. This allows you to cancel the agreement within a certain time frame, and if any penalty charges are incurred.

The first time you're speaking with your financial advisor you'll want to check what experience and qualifications they have. You shouldn't be embarrassed about asking these questions, after all you are on the verge of entrusting your long-term financial wellbeing to their expertise. All Dundee financial advisors must as a minimum hold a Level 4 qualification and be able to present an annual Statement of Professional Standing. When you check the Financial Services Register, don't stress if your particular financial advisor's name does not show up on there; you should be able to find the company name, and that means the legislation covers all of their advisors. If they're not able to supply these accreditations, the individual can't offer advice but only financial guidance. In financial terms guidance differs to advice and is not regulated in the same way. Therefore there's no recourse for the client if financial blunders are made.

Financial Advisor Quotes in Dundee Scotland

If you are needing advice on investing money you'll be asked about the amount of risk you're comfortable with. Higher risk investments could offer better rewards, but some or all of your cash could be lost. Good financial and investment advice should take into account your savings aims, i.e. long or short term investments, how quickly you need to access your money and how much you wish to invest. One question you should ask of yourself, which is normally neglected, is how much you can actually afford to lose. This is sometimes referred to as your 'capacity for loss' and could influence the services and products that may be offered for your consideration.

Financial Advice Near Dundee Scotland

You should tell your financial advisor about your existing regular outgoing payments, investments, savings or mortgage loans. To ensure that you get the most suitable advice for you, they need to have a full and clear picture of your financial circumstances. Spreading the risk across a range of different products by diversifying your investments and savings, is something that good quality financial advice should allow for. In order to mirror your financial circumstances and goals, a certified financial advisor in Dundee will have the knowledge of the best products to consider.

Communicating in the clearest way possible, your financial advisor will open up the multifaceted world of investment and finance. You should be in a position to come to an informed decision when you have learned about the various products and services that meet your needs. You could perhaps ask your financial advisor to only specify ethical savings and investments. This will allow you to support enterprises and firms that address your concerns, i.e. green energy or zero carbon, or perhaps staying away from investments that do not meet your standards.

Having constant interactions with your financial advisor in Dundee could create problems with your work day and other responsibilities. To allow you to get advice at a time to suit you, one-on-one appointments can be backed up with video conferencing and telephone. A competent financial advice provider in Dundee will have strict measures in force to ensure your details are kept secure and confidential, even if you never have a one-on-one meeting with your personal advisor, because home and remote working is no longer unusual.


Investments can be an unpredictable area, and values can go down as easily as they go up. If it happens that your investment fails to make as much money as you were hoping for, it can be an extremely demoralising and stressful time. However, except if it is owing to misleading or wrong information from your financial advisor, a downward spiraling of your investment isn't a recognised basis for complaint.

Independent Financial Advisor Near Dundee (DD1)

As laid out in the Key Facts Document, any complaints should commence with the company's complaints procedure. If the advisor is registered with the FCA, you can tell the Financial Ombudsman about the matter if it remains unsolved within the time period stipulated by the regulating body.

The Financial Ombudsman will come to a decision after independently reviewing the cause of the complaint. If it is found that the complaint is justified, a decision is made on how the client can be compensated or the situation rectified. This becomes legally binding once it has been accepted by the client, and the financial advisor and their firm must comply with the ruling. The Ombudsman will also consider any annoyance, inconvenience, hassle and distress caused to the customer during the dispute, and establish the level of compensation accordingly.

Book a Financial Advisor in Dundee UK

Financial advice can be provided in Dundee and also nearby in: Birkhill, Kingoodie, Downfield, Marketgait, Craigie, Baldovie, Barnhill, Ballumbie, Bridgefoot, Monifieth, Broughty Ferry, Baldovan, Longforgan, West Ferry, Trottick, Invergowrie, and in these postcodes DD1 1SZ, DD1 1QB, DD1 2PA, DD1 2EA, DD1 2JY, DD1 1SH, DD1 2HQ, DD1 2NU, DD1 1LE, DD1 1EN. Local Dundee financial advisers will most likely have the dialling code 01382 and the postcode DD1. Click on the "enquiry" banner or form to get info on financial advisors in your area.

Dundee Financial Advice Services

Financial Advice Tasks Dundee

There are a wide range of services which are provided by your local Dundee financial advisor including cash flow modelling, mutual funds Dundee, pension consolidation advice, income protection advice in Dundee, wealth management & investments, cheap financial advice, pension advice, investment advice, unit trusts in Dundee, cashflow analysis, pension reviews Dundee, equity release advice, tax advice, investment planning, stakeholder pension advice, personal financial planning, financial advice services, annuities Dundee, mortgage financial planning Dundee, divorce financial planning in Dundee, offshore investment advice in Dundee, family income benefit Dundee, independent financial advice Dundee, trustee investment services, financial analyst services, and lots more.

Financial Advice Enquiries Scotland

Scotland Financial Advice Enquiries

Recent Scotland financial advice enquiries: Maximus and Savannah Grimshaw from Houston recently asked for information on investment bonds. Nana and Elouise Harris from Law, Scotland recently enquired about investment advice. Michael Carroll from Kirkmuirhill, Scotland recently enquired about pension advice. Eoin Franks from Carfin, Scotland recently asked for information on family income benefit. Mr and Mrs Keenan from Findhorn, Scotland recently asked for information on equity release. Juliette and Dante Judd from Seafield recently asked for information on offshore investments. Matei Eccles from Houston recently enquired about offshore investments. Carmen Wilcox from Banknock recently asked for information on financial planning.

A Financial Advisor's Regular Duties

  • Researching financial products and explaining them clearly and simply to customers.
  • Keeping abreast of regulation changes and new products.
  • Speaking with clients regarding their plans and finances.
  • Maintaining detailed records of potential transactions and customers.
  • Negotiating with financial product providers.
  • Providing counselling, education and consultation with regards to investments and finances.
  • Working in collaboration with peers to collect market information, trends and statistics.
  • Producing financial reports.
  • Updating customers about their investments.
  • Meeting targets for performance and sales.

Financial Advisors Scotland

Advisors DD1 Financial Advice Dundee 01382 Investment Advice Financial Advisor Financial Advisers Advisor Scotland Services

Around Scotland you'll also find: Stoneyburn investment advisors, Gourock investment advice, Carluke investment advice, St Boswells financial advice, Rosehearty investment advice, Darvel financial advice, Castle Douglas financial advisors, Abernethy financial advisors, Hardgate financial advisors, Old Kilpatrick investment advisors, Ormiston financial advice, Coupar Angus investment advisors, Leuchars financial advisors, Coalburn investment advice, Tayport investment advisors, Glenboig investment advisors, Symington investment advice, Lochgelly investment advice, Carronshore investment advisors, Ullapool investment advice, Cowie investment advice, Newton Stewart investment advice, Catrine investment advice, North Queensferry financial advisors, Inchinnan financial advisors, Errol investment advice, Dyce financial advisors, Lossiemouth financial advice, New Cumnock investment advisors, Bannockburn investment advisors.


Financial Advisors Near Dundee

Also find: Downfield financial advisors, Trottick financial advisors, Marketgait financial advisors, Barnhill financial advisors, Invergowrie financial advisors, Kingoodie financial advisors, Monifieth financial advisors, Longforgan financial advisors, Broughty Ferry financial advisors, Ballumbie financial advisors, Baldovie financial advisors, Baldovan financial advisors, Birkhill financial advisors, Bridgefoot financial advisors, Craigie financial advisors, West Ferry financial advisors and more.

Dundee Financial Advice Services

Find a Financial Advisor in Dundee Here
Financial Advice Enquiries in Dundee Scotland (01382)
  • Dundee Inheritance Advice
  • Dundee Trustee Investments
  • Dundee Estate Planning
  • Dundee Tax Advice
  • Dundee Investment Advice
  • Dundee Financial Services
  • Dundee Life Insurance Advice
  • Dundee Cashflow Analysis
  • Dundee Wealth Management
  • Dundee Pension Advice
  • Dundee Financial Advice Quotations
  • Dundee Mortgage Advice
  • Dundee Retirement Advice
  • Dundee Cheap Financial Advice

Financial Advisors Around Dundee: Financial advice has recently been given in these Dundee streets and roads - Finlow Place, Miln Street, Traquair Gardens, Balgay Road, Tom Johnston Road, Wentworth Gardens, Kirkconnel Terrace, Wellington Street, Oneill Terrace, Balmullo Place, Glamis Gardens, Liff Crescent, Liddel Road, Nevill Street, Burrelton Gardens, Forties Road, Ashmore Street, Adelaide Place, Fleming Gardens South, Burn Street, Eton Street, Balerno Street, Sibbald Street, Shaftesbury Road, The Wellgate, St. Boswells Terrace, Donalds Lane, Eassons Angle, Hill Square, Graham Wynd, as well as the following Dundee area postcodes: DD1 1SZ, DD1 1QB, DD1 2PA, DD1 2EA, DD1 2JY, DD1 1SH, DD1 2HQ, DD1 2NU, DD1 1LE, DD1 1EN.

If you need local Dundee info look here

Independent financial advisor in DD1 area, (dialling code 01382).

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