Financial Advisor Great Wakering

Great Wakering Independent Financial Advice & Investment

Financial Advisor Great Wakering Essex (SS3): Finding a decent financial advisor advisor in Great Wakering can be a daunting experience, especially if you're seeking financial advice for the very first time. However, all financial advisors have one thing in common; they must all adhere to the regulations of the Financial Conduct Authority (FCA), regardless of whether you are after investment, pension, mortgage or even insurance guidance. The benefit of this is that should a financial advisor who is FCA authorised give you poor quality advice, and things go wrong, you have guarantees, and are able to get in touch with the Financial Services Compensation Scheme or the Financial Ombudsman Scheme to get things put right.

Free Great Wakering Financial Advisor Quotes

Recommendations from relatives and friends can be a good starting place in picking a financial advisor in Great Wakering, but keep in mind that their situation may be different to the sort of advice you are looking for. Their advice needs to be personalised to your unique situation, and every financial advisor isn't suitable for everybody. Choosing a financial advisor is an important decision and it is wise to talk with at least three different firms in order to explore the options they offer, and to find one you can trust and feel at ease with.

Financial Advisor Great Wakering Essex (SS3)

There are 2 main kinds of financial advisor in Great Wakering; independent financial advisors (IFA) and restricted advisors. The benefit of seeing an IFA is that they will not be restricted to just one provider's services or products, and can offer a wider range of options. Covering the entire gamut of financial companies and products, independent financial advice should be given in an unbiased and impartial way to clients. This will allow you to select from the broadest range of products to suit your needs. If you use a restricted financial advisor you will discover that they might be limited to services and products of a specific company, or as with a mortgage advisor, may only be concerned with one product.

Before any Great Wakering financial advisor takes you on as a client, they are required by the FCA to discuss their charges with you. You might be charged a set fee, by the hour or maybe even a specific percentage of your investment value, determined by product you're looking for. You will sometimes be offered a free initial consultation to allow you to discuss your objectives and determine whether the advisor is a right fit for your situation. If you go with one of the bigger Great Wakering firms, your account could be managed by a team of advisors rather than a single individual.

Financial Advisors Great Wakering UK (01702)

To summarise your financial situation and desired goals to the advising company, you'll have to fill out a "Fact Find" document, which is a confidential disclosure form. An Initial Disclosure Document, or Key Facts Document will also be given to you, providing information regarding the financial advisors themselves, detailing the extent of their permissions in the financial sector and their status to offer independent or restricted advice. Your own legal rights will also be laid out in this document, together with your options if you need to complain because you are not happy with the service you are given. It has to be easily understood, written in plain English, and describe precisely what you are signing up for, together with the risks and benefits of taking the proffered advice. You can find the level of cooling-off period in the Key Facts Document. This permits you to cancel the contract within a specific time frame, and if any penalties have to be paid.

The first time you're talking with the financial advisor ensure that you check what qualifications and experience they've got. You needn't be embarrassed about asking such questions, after all you're on the verge of entrusting your long-term financial wellbeing to their expertise. All financial advisors in Great Wakering must hold at least a Level 4 qualification and be able to present an annual Statement of Professional Standing. You should not worry if your particular advisor's name doesn't appear on the Financial Services Register, so long as the company is listed on the register, their staff will be covered by the legislation. The individual can still offer financial guidance rather than advice, if these cannot be provided. Guidance differs to advice as it is not regulated in the same way, and if mistakes are made there will probably be no recourse to the client.

Financial Advisor Quotes in Great Wakering Essex

If it is investing money that you are interested in, your advisor will want to know the level of risk you might be prepared to take on with your hard-earned cash. Larger rewards might be possible with high risk investments, but you may also lose all or some of your capital. Your savings objectives should be considered if the best investment advice is to be given, i.e. how rapidly you need to access your money, short or long term investments and how much you wish to invest. You must invariably ask yourself the one vital question, how much money can you afford to lose. This may well affect the products and services that you're offered, and is known as your 'capacity for loss'.

Financial Advice Near Great Wakering Essex

You'll want to let your financial advisor know about your existing regular outgoing payments, investments, mortgage loans or savings accounts. They'll need to know this, so they can get a picture of your financial situation and give the best advice for you. The diversification of your savings and investments by spreading the risk load across various products, is an essential part of reliable financial advice. Having a knowledge of the best areas to consider, a professional financial advisor will favour products that fit in with your financial situation and goals.

A financial advisor will open up the complex world of finance, and speak in as much plain speech as possible. You should be able to come to an informed and educated decision when you have compared the various products and services that meet your needs. If you are environmentally minded, you can ask your financial advisor to stick to ethical savings and investment schemes. This will allow you to lend support to firms and businesses which address your concerns, i.e. green energy or zero carbon, or perhaps keeping away from corporations that do not meet your criteria.

Working alongside a financial advisor in Great Wakering can be tricky to fit in around work and other obligations. To allow you to get advice at a time to suit you, face-to-face meetings can be augmented with video conferencing and telephone. Even if you never have an in-person meeting with your personal advisor, a professional financial advice company in Great Wakering will have stringent measures in force to ensure your details are kept confidential and secure, because remote and home working is now a large part of our society.


Investment values could drop as well as rise, and this is something that you must always remember. If your investment fails to make the amount of money you hoped for, it can be quite stressful and demoralising. Regrettably, a downward spiral in your investment is not seen as a grounds for complaint, unless it's because of wrong or misleading information from your advisor.

Independent Financial Advisor Near Great Wakering (SS3)

Any disputes should begin with the firm's official complaints procedure as outlined in the Key Facts Document. If the problem remains unsolved within the timeframe laid down by the regulating body, and your financial advisor is a member of the Financial Conduct Authority, you can notify the Financial Ombudsman.

The Financial Ombudsman will make a ruling after reviewing the cause for complaint independently. If it is found that the complaint is justified, a decision will be made on how the client can be financially compensated. On acceptance by the client, the ruling becomes legally binding, and the financial advisor and their firm must comply with it. Any upset, distress, hassle and inconvenience caused to the client during the dispute, will be taken into account when the Ombudsman establishes the level of compensation.

Book a Financial Advisor in Great Wakering UK

Financial advice can be provided in Great Wakering and also in nearby places like: North Shoebury, Thorpe Bay, Stambridge, Barling, Burnham-on-Crouch, Potton Island, Hawkwell, Little Wakering, Shoeburyness, Southchurch, Canewdon, Southen-on-Sea, Rochford, Hockley, together with these postcodes SS3 0JD, SS3 0HY, SS3 0EY, SS3 0AJ, SS3 0HJ, SS3 0DZ, SS3 0BL, SS3 0HQ, SS3 0EX, SS3 0BX. Local Great Wakering financial advisers will probably have the postcode SS3 and the phone code 01702. Verifying this will ensure you are accessing locally based financial advisers. Great Wakering householders can utilise these and many other related services.

Pension Planning

Secure retirement hinges on the vital aspect of pension planning. Engaging a financial advisor's services can dramatically enhance this process. A personalised pension solution will be designed by a knowledgeable advisor after assessing your current financial situation and understanding your retirement goals. They navigate the complexities of the UK's pension options, such as the State Pension, workplace pensions, and self-invested personal pensions (SIPPs). You can take advantage of their expertise to make informed decisions about investment choices, tax implications and contributions. To create an effective pension plan, providing peace of mind and financial stability for your future, working with a financial advisor in Great Wakering is essential.

UK pension planning revolves around the State Pension, which is a government-backed scheme that provides a standard level of retirement income. Eligibility for the State Pension is normally based on a person's National Insurance record, which is built up over their working life. The importance of understanding the complexities of the State Pension scheme has increased, due to changes to the number of qualifying years and the State Pension age. (42316)

Day to Day Duties of a Financial Advisor

  • A financial advisor provides consultation, education and counselling regarding finances and investments.
  • A financial advisor speaks with clients regarding their plans and finances.
  • A financial advisor recommends the best-suited financial products to clients.
  • A financial advisor meets performance and sales targets.
  • A financial advisor keeps detailed records of potential clients and transactions.
  • A financial advisor collaborates with financial product providers.
  • A financial advisor keeps fully up to date with new financial products and regulation changes.
  • A financial advisor constantly updates customers about their investments.
  • A financial advisor produces financial reports.
  • A financial advisor works in conjuction with associates to collect trends, market information and statistics.

Great Wakering Financial Advice Services

Financial Advice Tasks Great Wakering

There is a range of services which can be provided by your local Great Wakering financial advisor including general financial planning, will writing services, independent financial advice, corporate financial planning, pension consolidation, financial advice services, life assurance advice Great Wakering, trusts in Great Wakering, pension planning, family income benefit, unit trusts, ISA's Great Wakering, tax advice, personal pensions advice Great Wakering, retirement planning in Great Wakering, divorce planning Great Wakering, mutual funds in Great Wakering, income protection in Great Wakering, money planning, business financial planning, equity release Great Wakering, annuity purchase, cheap financial advice, death benefit advice Great Wakering, pension reviews, personal financial planning in Great Wakering, pensions in divorce Great Wakering, investment advice, life insurances, financial planning, and lots more. These are just a handful of the activities that can be handled by a financial advisor. Great Wakering professionals will tell you about their full range of services.


Financial Advisors Near Great Wakering

Also find: Thorpe Bay financial advisors, Canewdon financial advisors, Shopland financial advisors, Barling financial advisors, Foulness financial advisors, Little Wakering financial advisors, Stambridge financial advisors, North Shoebury financial advisors, Eastern Avenue financial advisors and more. All these towns and villages are serviced by local financial advisors. Business and home owners in the area can make enquiries about financial advice by going here.

Great Wakering Financial Advice Services

Find a Financial Advisor in Great Wakering Here
Financial Advice Enquiries in Great Wakering Essex (01702)
  • Great Wakering Financial Services
  • Great Wakering Retirement Planning
  • Great Wakering Trustee Investments
  • Great Wakering Cheap Financial Advice
  • Great Wakering Mortgage Advice
  • Great Wakering Tax Advice
  • Great Wakering Inheritance Advice
  • Great Wakering Wealth Management
  • Great Wakering Corporate Financial Planning
  • Great Wakering Cashflow Analysis
  • Great Wakering Financial Advice Quotations
  • Great Wakering Life Insurance Advice
  • Great Wakering Pension Advice
  • Great Wakering Financial Advice

More Great Wakering Services: Undoubtedly, whenever you are looking at your finances in Great Wakering, Essex, you will likely be in need of all sorts of different services and apart from a financial advisor in Great Wakering, Essex, you could also need contracts lawyers in Great Wakering, business consulting in Great Wakering, mortgage advice in Great Wakering, accountants in Great Wakering, investment advisors in Great Wakering, estate planning in Great Wakering, tax preparation in Great Wakering, wills in Great Wakering, payroll services in Great Wakering, family lawyers in Great Wakering, business financial planning in Great Wakering, solicitors in Great Wakering, debt recovery & collection in Great Wakering, bookkeepers in Great Wakering, mortgage brokers in Great Wakering, banruptcy lawyers in Great Wakering, property law & conveyancing in Great Wakering, and other different Great Wakering experts.

For local info relating to Great Wakering, Essex take a look here

Independent financial advisor in SS3 area, phone code 01702.

TOP - Financial Advisor Great Wakering

Independent Financial Advisors Great Wakering - Personal Financial Advice Great Wakering - Business Financial Advice Great Wakering - Financial Advisor Near Great Wakering - Financial Services Great Wakering - Independent Financial Advice Great Wakering - Mortgage Advice Great Wakering - Financial Advisor Great Wakering - SS3


(This financial advisor Great Wakering page was edited and updated on 20-02-2024)