Financial Advisor Hanley

Hanley Independent Financial Advice & Investment

Financial Advisor Hanley Staffordshire (ST1): Locating a first-rate financial advisor advisor in the Hanley area can be a daunting experience, in particular if you are seeking financial advice for the very first time. Whether it is mortgage, pensions, investments or even insurance advice that you're after, there's one common rule for all professional financial advisors; they all have to adhere to Financial Conduct Authority regulations. Any advice given through a FCA authorised financial advisor in Hanley comes with guarantees that should anything go awry, you can contact the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.

Free Hanley Financial Advisor Quotes

When choosing a financial advisor in Hanley, a decent starting point could be friends and relatives, but you must keep in mind that your circumstances might not be in line with theirs, and you might be in need of a different type of advice. Every financial advisor is not suitable for everyone, and their advice should be tailored to your unique circumstances. It is wise to talk to at least three different companies when you are selecting a financial advisor, because this is an important decision, and you will be looking to find one that you can trust and feel comfortable with, and investigate the various options they offer.

Financial Advisor Hanley Staffordshire (ST1)

When it comes to picking a financial advisor in Hanley, there are two main types; independent financial advisors (IFA) and restricted advisors. The benefit of seeing an IFA is that they will not be restricted to the products and services of just one provider, and can offer a broader range of options. Independent financial advice must cover the whole gamut of financial products and companies, and should be given in an unbiased way. This will permit you to pick from the broadest range of products to suit your needs. If you use a restricted advisor you will find that they may be limited to products and services of one particular company, or as with a mortgage advisor, will only be involved with one individual product.

Before any financial advisor in Hanley takes you on as a client, they are required by the FCA to be transparent about their charges. According to the kind of services you're looking for, you could be charged a set fee, by the hour or maybe even a percentage of your investment. You might be offered the chance of a free initial consultation to allow you to discuss your goals and determine whether the advisor is suitable for your circumstances. In some of the bigger Hanley firms, you could find that your account is being looked after by a team rather than an individual advisor.

Financial Advisors Hanley UK (01782)

You'll need to complete a "Fact Find" form, which is a confidential disclosure document relating your ambitions and financial situation to the advising firm. To provide details about the financial advisor, their status to offer restricted or independent advice and their range of permissions in the financial arena, you will also be handed a Key Facts or Initial Disclosure Document. If you are not satisfied with the service provided, and wish to submit a complaint, this document will also set down your own legal rights and your options. It must be typed out in plain English and describe what you are signing up for, and any potential benefits and risks if you choose to go along with the advice offered. The cooling-off period should also be explained in this Key Facts Document. This enables you to cancel the agreement within a certain time period, and if any penalties have to be paid.

When chatting with the financial advisor for the first time make sure you check their qualifications and experience. You should never be self-conscious about asking such questions, after all you are on the verge of entrusting your long-term financial wellbeing to their expertise. A Level 4 qualification in financial advice is the minimum required qualification for any financial advisor in Hanley, and they must also be able to present an annual Statement of Professional Standing. If your advisor's name doesn't show up on the Financial Services Register, don't stress, the firm the person works for should be found on the register and their advisors are all covered by the regulations. The person can still offer financial guidance instead of advice, if these cannot be provided. In financial terms guidance is different to advice and isn't regulated in the same way. Therefore there is no recourse for either party if mistakes arise.

Financial Advisor Quotes in Hanley Staffordshire

If you are looking for advice on investing money you will be asked about the amount of risk you're prepared to take on. Many investments carry some element of risk, but higher risk investments could potentially offer substantial rewards, and also more likelihood of losing some or all of your cash. Your savings objectives should be considered if the best investment and financial advice is to be given, i.e. how much cash you want to invest, long or short term investments and how rapidly you need to access your money. You must always ask yourself the one vital question, how much money can you truly afford to lose. Referred to as your 'capacity for loss', this will very likely influence the products and services that you are offered.

Financial Advice Near Hanley Staffordshire

From the outset, it is imperative that you let your financial advisor know about any existing mortgage loans, regular outgoing payments, personal savings or investments that you currently have. This will provide a full and clear picture of your current financial situation, and without this the advice you're given will most likely not be the most appropriate for you. Spreading the risk across a range of different products by diversifying your investments and savings, is something that smart financial advice should allow for. So as to mirror your goals and financial situation, a qualified financial advisor in Hanley will be aware of the best areas to consider.

Communicating in the plainest speech possible, your financial advisor will unmask the multifaceted world of investment and finance. This will permit you to compare services and products that match your needs, and come to an informed decision. If the environment is at the forefront of your mind, you could maybe ask that ethical savings and investments take precedence. You can then stay clear of companies that corporations meet your requirements, and instead support those enterprises and firms that address your concerns, for instance renewable energy or zero carbon.

Having constant interactions with a financial advisor in Hanley could create problems with your work and other commitments. To allow you to get advice at a time to suit you, face-to-face appointments can be complemented with video conferencing and phone calls. Home and remote working is now a large part of our society, and an experienced financial advice firm in Hanley will have stringent measures in force to ensure your details are kept secure and confidential, even if you hardly ever have a face-to-face meeting with your advisor.


Investments can go down as easily as they can go up, since the financial world can be a volatile one. It can be very worrying and disheartening if your investment fails to make as much money as you were hoping for. A downward spiraling of your investment isn't seen as a basis for complaint, unless your financial advisor has given you misleading or incorrect information.

Independent Financial Advisor Near Hanley (ST1)

The company's official complaints procedure should be the best place to start with any grievances, and the Key Facts Document will clarify this. If your financial advisor is a member of the Financial Conduct Authority, you can inform the Financial Ombudsman of the matter if it remains unresolved within the time period laid down by the regulating authority.

The Financial Ombudsman will come to a decision after reviewing the cause for complaint independently. If it is established that the complaint is justified, a decision is made on how the client can be compensated. The advisor and their firm must comply with any ruling that is made by the Ombudsman, which becomes legally binding as soon as the customer has agreed to it. The Ombudsman will also take into account any trouble, upset, inconvenience and distress caused to the client during the situation, and set the level of compensation proportionately.

Book a Financial Advisor in Hanley UK

Financial advice can be provided in Hanley and also in nearby places like: Etruria, Abbey Hulton, Stoke-on-Trent, Milton, Smallthorne, Cliffe Vale, Shelton, Basford, Ash Bank, Newcastle-under-Lyme, Baddeley Edge, Bucknall, Sneyd Green, Northwood, and in these postcodes ST1 2DZ, ST1 1DB, ST1 2DP, ST1 1NS, ST1 2DJ, ST1 2EW, ST1 2AA, ST1 2EF, ST1 2BU, ST1 2DD. Local Hanley financial advisers will probably have the postcode ST1 and the telephone code 01782. Verifying this can confirm that you're accessing locally based financial advisers. Hanley householders will be able to benefit from these and lots of other similar services. Click the "enquiry" form or banner to get info on financial advisors in your location.

Pension Planning

A secure retirement necessitates pension planning as a crucial step. This process can be substantially improved by seeking the services of a financial advisor. Designing a customised pension solution, a competent advisor will assess your current financial situation and understand your retirement objectives. Navigated by them are the intricacies of the UK's pension choices, which encompass workplace pensions, the state pension, and SIPPs. Informed decisions about investment choices, tax implications and contributions can be made by taking advantage of their expertise. To create a robust pension plan, providing peace of mind and financial stability for your future, working with a financial advisor in Hanley is essential.

The State Pension, a government-backed scheme that provides a basic level of retirement income, is at the centre of UK pension planning. A person's National Insurance contributions over their working life normally determine their eligibility for the State Pension. However, changes to the number of qualifying years and the State Pension age have made understanding the intricacies of this scheme more important than ever before. (42316)

Hanley Financial Advice Services

Financial Advice Tasks Hanley

There is a variety of services that are provided by your local Hanley financial advisor including mutual funds in Hanley, familt controlled trusts, investment consolidation advice, pension transfer advice, cash flow modelling, corporate bonds, savings advice in Hanley, annuity purchase, saving for children Hanley, cheap financial advice, long term care fee planning Hanley, financial planning in Hanley, portfolio management, life assurance in Hanley, will writing services in Hanley, multi-asset portfolios Hanley, bridging finance, annuities Hanley, independent financial advice, equity release, ethical investments in Hanley, offshore investment advice in Hanley, critical illness cover, tax advice in Hanley, pensions in divorce Hanley, investing an inheritance, financial services, family income benefit, wealth management & investments, mortgage financial planning, and lots more. These are just a selection of the duties that can be conducted by a financial advisor. Hanley professionals will let you know their full range of services.

A Financial Advisor's Day to Day Duties

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

Financial Advisors Near Hanley

Also find: Smallthorne financial advisors, Milton financial advisors, Ash Bank financial advisors, Baddeley Edge financial advisors, Bucknall financial advisors, Etruria financial advisors, Sneyd Green financial advisors, Abbey Hulton financial advisors, Basford financial advisors, Shelton financial advisors, Cliffe Vale financial advisors and more. Anybody who is looking for financial advice, will discover that such services are available in practically all of these locations. Home and business owners in these places can make enquiries about financial advice by going here.

Hanley Financial Advice Services

Find a Financial Advisor in Hanley Here
Financial Advice Enquiries in Hanley Staffordshire (01782)
  • Hanley Pension Advice
  • Hanley Tax Advice
  • Hanley Wealth Management
  • Hanley Financial Services
  • Hanley Financial Advice Quotes
  • Hanley Retirement Planning
  • Hanley Investment Advice
  • Hanley Cashflow Analysis
  • Hanley Inheritance Advice
  • Hanley Estate Planning
  • Hanley Cheap Financial Advice
  • Hanley Life Insurance Advice
  • Hanley Financial Advice
  • Hanley Trustee Investments

More Hanley Services: Undoubtedly, whenever you are looking at your finances in Hanley, Staffordshire, you'll likely be in need of all types of different services and along with a financial advisor in Hanley, Staffordshire, you might also need payroll services in Hanley, business consulting in Hanley, debt recovery & collection in Hanley, accounting in Hanley, will writing in Hanley, mortgage brokers in Hanley, tax preparation in Hanley, investment advisors in Hanley, bookkeepers in Hanley, contracts lawyers in Hanley, solicitors in Hanley, estate planning in Hanley, mortgage advice in Hanley, family lawyers in Hanley, property law & conveyancing in Hanley, business financial planning in Hanley, banruptcy lawyers in Hanley, and other different Hanley experts.

To find out local Hanley information take a look here

Independent financial advisor in ST1 area, 01782.

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(This financial advisor Hanley article was last updated on 20-02-2024)