Financial Advisor Formby

Formby Independent Financial Advice & Investment

Financial Advisor Formby Merseyside (L37): If you're in search of financial advice for the first time, trying to locate a decent independent financial advisor in Formby can be a challenging experience. Whether it is investment, mortgage, pensions or even insurance advice that you're looking for, there's one common rule for all qualified financial advisors; they all have to stick to Financial Conduct Authority (FCA) regulations. The advantage of this is that should a financial advisor who is FCA certified give you bad advice, and anything goes wrong, you have guarantees, and are able to go to the Financial Ombudsman Scheme or the Financial Services Compensation Scheme to get it put right.

Free Formby Financial Advisor Quotes

Friends and family recommendations can be a decent starting point in selecting a financial advisor in Formby, but keep in mind that their circumstances might be different to the type of advice you are looking for. Every financial advisor is not suitable for everybody, and any advice they provide should be tailored to your particular circumstances. It is a good idea to talk with at least 3 different companies when you're picking a financial advisor, as this is a major decision, and you'll be looking to find one that you feel comfortable with and can trust, and explore the options they offer.

Financial Advisor Formby Merseyside (L37)

When it comes to picking a financial advisor in Formby, there are 2 main types; independent financial advisors (IFA) and restricted advisors. Offering a wider range of options, an independent financial advisor will not be limited to a single provider's services or products. Encompassing the entire spectrum of financial companies and products, independent financial advice should be offered in a frank and unbiased way to clients. This will enable you to choose from the widest range of products to meet your needs. A restricted financial advisor could be limited to products and services from a single company, or might even concentrate on a single product, as in the case of a mortgage advisor.

Before any financial advisor in Formby accepts you as a client, they are required by the Financial Conduct Authority to be fully transparent with you about their charges. You might be charged a set fee, by the hour or perhaps even a percentage of your investment, contingent on product you're looking for. A free preliminary consultation could be offered, so that you can discuss your objectives and situation to determine whether the advisor is the right choice. Your account might be looked after by a team as opposed to one individual advisor, if you choose to go to one of the bigger companies in Formby.

Financial Advisors Formby UK (01704)

To describe your financial situation and aims to the advising company, you will be required to complete a "Fact Find" form, which is a confidential disclosure document. To provide information on the financial advisor, their status to offer independent or restricted advice and the scope of their permissions in the financial sector, you'll also be given a Key Facts Document, or Initial Disclosure Document. If you're not satisfied with the service, and wish to complain, this document will also set down your own rights and the options you can take. It should be typed out in plain English and describe what you are signing up for, and any possible risks and benefits should you elect to accept the offered advice. You can find the level of cooling-off period in the Key Facts Document. This makes it possible for you to cancel your contract with the financial advisor within a certain period of time, and if any penalties are incurred.

When speaking with the financial advisor for the first time make sure you check their qualifications and experience. After all you're on the verge of entrusting your financial future to their skill, so you should not be embarrassed about asking such questions. Every Formby financial advisor must present an annual Statement of Professional Standing, and must at least hold a Level 4 qualification. Don't panic if your advisor's name doesn't appear on the Financial Services Register, as long as the firm is on the register, their personnel will be covered by the regulations. If they are unable to present these accreditations, the individual can't offer advice but can offer financial guidance. In financial terms guidance differs to advice and is not regulated in the same way. Therefore there is no recourse for either party if mistakes are made.

Financial Advisor Quotes in Formby Merseyside

If you are seeking advice on investing money you'll be asked about the amount of risk you're prepared to take on. Higher risk investments may potentially offer substantial rewards, however some or all of your funds could be lost. In order to get the most effective investment and financial advice, your savings goals will have to be taken into account, i.e. long or short term investments, how much you wish to invest and how rapidly you need to access your funds. "How much money can you actually afford to lose?" Is the one question that you should really be asking yourself. This might affect the services and products that could be offered for your consideration, and is generally referred to as your capacity for loss.

Financial Advice Near Formby Merseyside

You need to let your financial advisor know about any current investments, regular payments, savings or mortgage loans. They will need these details, so they can get a picture of your finances and give the appropriate advice for your needs. Diversifying your investments and savings by spreading the risk across various products, is an essential part of sound financial advice. So as to match your financial circumstances and your goals, a professional financial advisor in Formby will understand the best products to consider.

Your financial advisor will communicate in the clearest possible way, to open up the complex world of finance. This will allow you to compare products and services which match your needs, and come to an informed decision. If you're environmentally minded, you can perhaps ask your advisor to stick to ethical savings and investment schemes. You can then stay clear of investments that firms meet your requirements, and instead lend your support to those firms and businesses that match your concerns, for instance green energy or zero carbon.

It's not that easy to have a close working relationship with a financial advisor in Formby without this impacting work and other obligations. Face-to-face appointments can be augmented with video conferencing and phone calls to allow you to seek advice at times that suit you. Even if you rarely have a one-on-one meeting with your advisor, an established financial advice company in Formby will have stringent measures in place to ensure your details are kept secure and confidential, because remote and home working is now a large part of our society.


Investments can easily go down as well as up, as the financial world can be a volatile one. If your investment isn't making the amount of money you were hoping for, it can be extremely stressful and demoralising. A downward spiral in your investment is not a recognised basis for complaint, unless your advisor has supplied you with wrong or misleading information.

Independent Financial Advisor Near Formby (L37)

Any complaints should start out with the company's complaints procedure as outlined in the Key Facts Document. If the matter remains unresolved within the time schedule laid down by the regulating body, and the advisor is registered with the FCA, you can inform the Financial Ombudsman.

After independently reviewing the cause for complaint, the Financial Ombudsman will come to a decision on the issue. If it's established that the complaint is justifiable, a decision will be made on how the customer can be financially compensated. This will become a legally binding decision once it has been agreed on by the customer, and the advisor and their company must comply with the ruling. Any distress, trouble, inconvenience and upset caused to the customer during the dispute, will be accounted for when the Ombudsman establishes the level of compensation.

Book a Financial Advisor in Formby UK

Financial advice can be provided in Formby and also in nearby places like: Freshfield, Birkdale, Little Crosby, Carr Cross, Hightown, Ainsdale on Sea, Snape Green, Great Crosby, Downholland, Scarisbrick, Church Town, Ince Blundell, Thornton, Little Altcar, Liverpool, as well as in these postcodes L37 1LN, L37 1PP, L37 1LP, L37 2DD, L37 1LS, L37 1WB, L37 1LE, L37 2JB, L37 2JP, L37 2YA. Local Formby financial advisers will likely have the postcode L37 and the telephone dialling code 01704. Checking this out will guarantee you access local financial advisers. Formby property owners will be able to benefit from these and numerous other comparable services.

Financial Advisors Merseyside

Formby Services Financial Advisor Investment L37 01704 Merseyside Financial Advisor Advice Financial Advice Advisors Advisers

In the Merseyside area you will likewise discover: Eccleston financial advisors, Lydiate financial advisors, Lydiate investment advisors, Little Altcar financial advice, Knowsley financial advisors, Hillside financial advisors, Haydock financial advice, Cronton investment advice, Aintree financial advisors, Hoylake financial advisors, Huyton financial advice, Eccleston investment advisors, Melling investment advice, Barnston financial advisors, Sefton investment advisors, Woodchurch financial advice, Tarbock investment advisors, Halewood financial advice, Sefton investment advice, New Brighton financial advisors, Whiston financial advice, Rainhill financial advice, Whiston financial advisors, Ince Blundell investment advice, Knowsley investment advisors, Rainhill investment advice, Eccleston investment advice, Bold investment advisors.

Formby Financial Advice Services

Financial Advice Tasks Formby

There are a wide array of services that are provided by your local Formby financial advisor including tax advice Formby, wealth management & investments, pension transfers, trustee investment services, annuity purchases, trusts, corporate bonds, business financial planning in Formby, ISA's, independent financial advice, pension advice, personal pensions, life assurance in Formby, multi-asset portfolios Formby, investment consolidation, financial planning in Formby, corporate financial planning, life insurance Formby, personal protection Formby, general financial planning, long term care fee advice Formby, annuities in Formby, unit trusts, pension reviews in Formby, retirement advice, money planning in Formby, financial services, cheap financial advice, death benefits in Formby, ethical investment advice, and lots more. These are just a few of the duties that can be conducted by a financial advisor. Formby professionals will be delighted to keep you abreast of their full range of services.

A Financial Advisor's Daily Tasks

  • A financial advisor maintains a record of potential transactions and customers.
  • A financial advisor negotiates with financial product providers.
  • A financial advisor talks to clients about their finances and plans.
  • A financial advisor works in collaboration with associates to obtain trends, market information and statistics.
  • A financial advisor produces comprehensive financial reports.
  • A financial advisor regularly updates clients regarding their investments.
  • A financial advisor recommends the financial products that are best-suited to customers.
  • A financial advisor provides consultation, education and counselling with regards to investments and finances.
  • A financial advisor meets targets for sales and performance.
  • A financial advisor keeps fully abreast of new financial products and law changes.

Fundamental Skills for a Financial Advisor

  • Effective customer service skills for establishing customer requirements.
  • A thorough understanding of accounting and economics relating to financial markets and products.
  • To be able to network and build solid relationships with customers.
  • Good skills in verbal communication.
  • To have excellent IT skills.
  • To have a goal driven mindset.
  • Good management skills for negotiating product fees.
  • A good level of maths knowledge for creating financial strategies.
  • To be good at promoting services and products.
  • To have the ability to listen attentively
  • To pay attention to detail and be thorough.

Financial Advisors Near Formby

Also find: Carr Cross financial advisers, Thornton financial advisers, Ince Blundell financial advisers, Ainsdale on Sea financial advisers, Little Crosby financial advisers, Birkdale financial advisers, Freshfield financial advisers, Downholland financial advisers, Church Town financial advisers, Great Crosby financial advisers, Liverpool financial advisers, Scarisbrick financial advisers, Snape Green financial advisers, Hightown financial advisers, Little Altcar financial advisors and more. All of these places are covered by local financial advisers. Formby residents can get estimates by going here.

Formby Financial Advice Services

Find a Financial Advisor in Formby Here
Financial Advice Enquiries in Formby Merseyside (01704)
  • Formby Trustee Investments
  • Formby Corporate Financial Planning
  • Formby Wealth Management
  • Formby Investment Advice
  • Formby Pension Advice
  • Formby Financial Services
  • Formby Cheap Financial Advice
  • Formby Tax Advice
  • Formby Inheritance Advice
  • Formby Cashflow Analysis
  • Formby Financial Advice Quotes
  • Formby Life Insurance Advice
  • Formby Mortgage Advice
  • Formby Retirement Planning

Financial Advisors Around Formby: Over the last 12 months financial advice was provided in these Formby streets: Burlington Avenue, Elm Drive, Wicks Lane, Balmoral Drive, Ash Grove, Foxhill Close, Barkfield Avenue, Eskdale Drive, Victoria Way, Beechwood Drive, Heatherways, Granton Close, Altcar Lane, Beaufort, Wicks Green Close, Springfield Close, Cloister Green, Battle Way, Jubilee Road, Cable Street, Oakfield Drive, Lonsdale Road, Deansgate Lane North, Bull Cop, Edenhurst Close, Turnacre, Primrose Close, Lendel Close, Lifeboat Road, and in these Merseyside postcodes: L37 1LN, L37 1PP, L37 1LP, L37 2DD, L37 1LS, L37 1WB, L37 1LE, L37 2JB, L37 2JP, L37 2YA. People in these areas recently requested help from a financial advisor. Formby residents benefited from high quality and reliable financial services.

Formby Financial Advisor Jobs: See financial advisor jobs near Formby here: General Financial Advisor Jobs

If you're interested in local information on Formby, Merseyside look here

Independent financial advisor in L37 area, (dialling code 01704).

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(This financial advisor Formby page was updated on 06-05-2022)