Financial Advisor Hoddesdon

Hoddesdon Independent Financial Advice & Investment

Financial Advisor Hoddesdon Hertfordshire (EN11): Locating a good financial advisor advisor in Hoddesdon can be a challenging experience, especially if you're needing financial advice for the very first time. Whether you are searching for mortgage, pension, investments or even insurance advice, all professional financial advisors are bound by one common rule; they all have to adhere to the regulations set by the FCA (Financial Conduct Authority). Any advice given by a FCA authorised financial advisor in Hoddesdon comes with certain guarantees that if anything should go awry, you can get in touch with the Financial Services Compensation Scheme or the Financial Ombudsman Scheme.

Free Hoddesdon Financial Advisor Quotes

A decent starting point when choosing a financial advisor in Hoddesdon could be friends and relations, but bear in mind that the type of advice you are searching for could be different to theirs. Any advice they offer needs to be tailored to your specific situation, and not every financial advisor is suitable for everyone. To check out the various options they can provide and find a financial advisor you can trust and feel at ease with, it is wise to chat to at least three different firms, because picking a financial advisor is a big decision.

Financial Advisor Hoddesdon Hertfordshire (EN11)

When it comes to picking a financial advisor in Hoddesdon, there are essentially 2 principal types; independent financial advisors and restricted advisors. Offering a more diverse range of options, an independent financial advisor should not be confined to a single company's products and services. Independent financial advice must encompass the whole gamut of financial products and companies, and must be given in an unbiased way. This will permit you to choose from the widest range of services to match your needs. If you go to a restricted advisor you will find that they may be limited to products and services of a specific firm, or as with a mortgage advisor, will only be concerned with one individual product.

Before accepting you as a client, any Hoddesdon financial advisor must be fully transparent with you about their charges, as demanded by the Financial Conduct Authority. You might be charged by the hour, a set fee or perhaps even a percentage of your investment, subject to type of service you are interested in. You may be offered the possibility of a free preliminary consultation to allow you to discuss your aims and see if the advisor is a good fit for your circumstances. If you go with one of the bigger Hoddesdon companies, your account could be managed by a team of advisors rather than one person.

Financial Advisors Hoddesdon UK (01992)

Before any financial advice is handed out you'll be asked to fill out a confidential disclosure form, called a "Fact Find" document, which informs the advising company about your objectives and financial situation. A Key Facts Document, or Initial Disclosure Document will also be handed to you, providing details of the financial advisors themselves, explaining the extent of their permissions in the financial arena and their situation for offering independent or restricted advice. Your legal rights will also be laid out in this document, along with the possible options you can take if you wish to complain because you're not satisfied with the service you are given. It must be typed out in plain language and describe what you're committing yourself to, and any potential risks and benefits if you elect to go along with the offered advice. The cooling-off period should also be fully explained in this document. Within a certain time period, this allows you to cancel the agreement with your financial advisor.

The first time you're speaking with the financial advisor you need to check what qualifications and experience they've got. You should never be embarrassed about asking such questions, after all you're about to entrust your financial wellbeing to their skill. All Hoddesdon financial advisors must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. If the advisor's name does not appear on the Financial Services Register, you shouldn't stress, the company the advisor works for should be found on the register and their employees will be covered by the regulations. The individual can still offer financial guidance instead of advice, if these can't be provided. Guidance is somewhat different 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 Hoddesdon Hertfordshire

If you are seeking advice on investing money you will be asked the amount of risk you are comfortable with. Larger rewards may be possible with higher risk investments, however you stand a greater chance of losing all or some of your funds. Decent investment and financial advice should take you savings goals into consideration, i.e. how rapidly you need to access your money, long or short term investments and how much you have to invest. "How much money can you actually afford to lose?" Is the one crucial question that you should really be asking yourself. Known as your capacity for loss, this will quite likely affect the services and products that you're offered.

Financial Advice Near Hoddesdon Hertfordshire

If you've already got any current regular outgoings, investments, mortgages or personal savings, you should let your financial advisor know about these. They'll need to know this, so that they can get a picture of your finances and give the correct advice for you. Spreading the risk across various products through the diversification of your investments and savings, is something that sound financial advice should allow for. An experienced financial advisor in Hoddesdon will understand the best areas to consider, which reflect your financial situation and your goals.

Your financial advisor will try to communicate in the clearest possible way, while opening up the multifaceted world of finance. After comparing the products and services that meet your needs, you should be in a position to make an informed and knowledgeable decision. If you're mind is firmly on the environment, you can perhaps ask your advisor to stick to ethical investment and savings schemes. You can then avoid investments that investments meet your standards, but instead lend your support to those organisations and firms that address your concerns, for instance renewable energy or zero carbon.

Establishing a close working relationship with a financial advisor in Hoddesdon could create problems with work and other obligations. To enable you to seek advice at times that suit you, one-on-one meetings can be complemented with video conferencing and telephone. Working from home and remote working is now commonplace, and any experienced financial advice provider in Hoddesdon will have strict measures in force to keep your details secure and confidential, even if you hardly ever have a one-to-one meeting with your advisor.


You must remember that the financial world is an unpredictable sector, and the value of your investments could just as easily fall as well as rise. If it happens that your investment isn't making as much money as you were hoping for, it can be an extremely stressful and frustrating time. Regrettably, a downward trend in your investment is not a recognised basis for complaint, except if it is owing to incorrect or misleading information from your financial advisor.

Independent Financial Advisor Near Hoddesdon (EN11)

The company's official complaints procedure should be the starting point for any grievances, and the Key Facts Document should explain this. If the financial advisor is registered with the FCA, you can inform the Financial Ombudsman of the problem if it remains unsolved within the time laid down by the regulating body.

After independently reviewing the cause for complaint, the Financial Ombudsman will come to a decision on the issue. If the complaint is justified, a decision is made on how to financially compensate the customer. Once agreed on by the customer, the ruling becomes a legally binding one, and the advisor and their company must abide by it. Any trouble, inconvenience, upset and distress caused to the client during the dispute, will be accounted for when the Financial Ombudsman fixes the level of compensation.

Book a Financial Advisor in Hoddesdon UK

Financial advice can be provided in Hoddesdon and also in: Lower Nazeing, Woollensbrook, Great Amwell, Gilston, Stanstead Abbotts, Rye Park, Hertford Heath, Spitalbrook, Harlow, Halls Green, Wormley, Broxbourne, Hailey, Yewlands, Royden, as well as in these postcodes EN11 0PS, EN11 0EX, EN10 7NH, EN11 0AS, EN11 0JW, EN11 0QJ, EN11 0BU, EN11 0GQ, EN11 0DN, EN11 0HB. Locally based Hoddesdon financial advisers will probably have the postcode EN11 and the telephone dialling code 01992. Click on the "enquiry" form or banner to get specifics of financial advisors in your location.

Hoddesdon Financial Advice Services

Financial Advice Tasks Hoddesdon

There is a range of services which are provided by your local Hoddesdon financial advisor including pension consolidation advice, ethical investment advice in Hoddesdon, inheritance tax planning Hoddesdon, annuities, financial analyst services, tax financial planning, financial planning in Hoddesdon, family income benefit, investment advice, annuity purchase in Hoddesdon, cashflow analysis in Hoddesdon, pension advice, unit trusts, general financial planning, long term care fee planning in Hoddesdon, investment advice Hoddesdon, wealth management & investments in Hoddesdon, mutual funds, investment bonds, portfolio management, will writing services, personal financial planning, pension transfers, trusts in Hoddesdon, income protection advice Hoddesdon, and more.

Required Skills for Financial Advisors

  • To have good time management skills.
  • To have the ability to listen attentively
  • To have excellent IT skills.
  • An outstanding level of maths knowledge for producing financial strategies.
  • The ability to promote products and services.
  • Excellent customer service skills for establishing client requirements and needs.
  • Effective business management skills for the negotiation of product prices.
  • A solid knowledge and understanding of economics and accounting relating to financial markets and products.
  • Outstanding verbal communication skills.
  • To be able to network and establish relationships with customers.
  • To pay attention to detail and be thorough.

Financial Advisors Near Hoddesdon

Also find: Woollensbrook financial advisors, Wormley financial advisors, Great Amwell financial advisors, Spitalbrook financial advisors, Halls Green financial advisors, Rye Park financial advisors, Royden financial advisors, Hertford Heath financial advisors, Yewlands financial advisors, Harlow financial advisors, Stanstead Abbotts financial advisors, Hailey financial advisors, Gilston financial advisors, Broxbourne financial advisors, Lower Nazeing financial advisors and more.

Hoddesdon Financial Advice Services

Find a Financial Advisor in Hoddesdon Here
Financial Advice Enquiries in Hoddesdon Hertfordshire (01992)
  • Hoddesdon Financial Advice Quotations
  • Hoddesdon Pension Advice
  • Hoddesdon Mortgage Advice
  • Hoddesdon Investment Advice
  • Hoddesdon Trustee Investments
  • Hoddesdon Estate Planning
  • Hoddesdon Inheritance Advice
  • Hoddesdon Independent Financial Advice
  • Hoddesdon Cashflow Analysis
  • Hoddesdon Cheap Financial Advice
  • Hoddesdon Retirement Planning
  • Hoddesdon Corporate Financial Planning
  • Hoddesdon Wealth Management
  • Hoddesdon Tax Advice

Financial Advisors Around Hoddesdon: Some Hoddesdon areas where financial advice has recently been given - Cheffins Road, Castle Close, Duke Street, St Cross Court, Tregelles Road, Admirals Walk, Alder Close, Cherry Tree Road, The Meadway, Stortford Road, Beyers Ride, Bell Lane, Salisbury Road, Chaucer Way, Trevera Court, Stoneleigh Drive, Conduit Lane, Beyers Prospect, Avenue Road, Bosanquet Road, Cumberland Court, Beyers Gardens, Sussex Close, as well as the following local Hoddesdon postcodes: EN11 0PS, EN11 0EX, EN10 7NH, EN11 0AS, EN11 0JW, EN11 0QJ, EN11 0BU, EN11 0GQ, EN11 0DN, EN11 0HB.

To read local info relating to Hoddesdon, Hertfordshire take a look here

Independent financial advisor in EN11 area, telephone code 01992.

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