Financial Advisor Kettering Northamptonshire (NN15): It can be a daunting experience trying to locate a decent independent financial advisor in the Kettering area, in particular if it's the very first time that you are needing financial advice. Whether you are looking for pensions, investment, mortgage or even insurance advice, all financial advisors are bound by one common rule; they must all stick to the regulations set by the Financial Conduct Authority (FCA). Any advice given from a FCA registered financial advisor in Kettering comes with certain guarantees that if things go wrong, you can get in touch with the Financial Ombudsman or the Financial Services Compensation Scheme.
Recommendations from friends and neighbours can be a decent starting place in selecting a financial advisor in Kettering, but bear in mind that their situation might be different to what you're looking for. Not every financial advisor is suitable for everyone, and any advice they provide should be personalised to your specific situation. It is a good idea to talk to at least three different firms when you are selecting a financial advisor, because this is a big decision, and you'll be looking to find one that you feel comfortable with and can trust, and also check out the options they can provide.
Independent financial advisors (IFA) and restricted advisors, are the two main types of financial advisor in Kettering. An IFA will not be confined to just one provider's services and products. Independent financial advice must encompass the whole gamut of financial products and companies, and should be given in an unbiased way. Using an independent financial advisor should permit you to pick from the broadest possible range of services. If you use a restricted advisor you'll soon realise that they may be restricted to services and products of a particular provider, or as in the case of a mortgage advisor, might only be concerned with one product.
Before any Kettering financial advisor takes you on as a client, they are required by the Financial Conduct Authority to discuss their charges with you. Although it varies contingent on the kind of product or service you require, there may be an hourly rate, a set fee, or you might even be charged a slice of what you're investing. A free preliminary consultation may be offered, so you can discuss your goals and situation to find out if the advisor is the right choice. Your account could be managed by a team as opposed to a single advisor, if you choose to use one of the larger Kettering firms.
You'll have to complete a "Fact Find" document, which is a confidential disclosure form relating your objectives and financial situation to the advising firm. To provide details about the financial advisor, their status to offer independent or restricted advice and the extent of their permissions in the financial sector, you will also be given an Initial Disclosure, or Key Facts Document. Your own legal rights should also be set out in this document, together with the possible options you can take if you want to submit a complaint because you aren't satisfied with the service you are given. It must be typed out in plain language and describe what you are signing up for, and any potential benefits and risks that exist if you opt to go along with the offered advice. This document must also inform you about the cooling-off period. This permits you to have a change of heart within a certain number of days, and cancel the contract with your financial advisor.
The very first time you are speaking with your financial advisor you need to check what experience and qualifications they have. Asking these questions should never cause you any embarrassment, because you're entrusting them with your financial future. Every financial advisor in Kettering must be in a position to present an annual Statement of Professional Standing, and must hold a minimum of a Level 4 qualification. If the advisor's name does not show up on the Financial Services Register, you should not stress, the company the person works for should be found on the register and their employees will be covered by the regulations. The person may still offer financial guidance instead of advice, if these can't be provided. Guidance is not regulated in the same way as financial advice, which means that if errors occur neither party will have any recourse.
If it's investing money that you are interested in, the advisor will need to know the amount of risk you are ready to take with your hard-earned money. Most investments carry some element of risk, but higher risk investments may offer bigger rewards, and also more likelihood of losing some or all of your funds. Your savings objectives must be carefully considered if decent investment and financial advice is to be given, i.e. long or short term investments, how much cash you want to invest and how quickly you need to access your funds. You must always ask yourself the one important question, how much can you truly afford to lose. This is generally known as your 'capacity for loss' and could influence the products and services that are offered for your consideration.
If you already have any existing investments, regular outgoing payments, savings or mortgage loans, you must let your financial advisor know about these. They will need these details, so they can get a picture of your financial situation and give the best advice for your needs. The diversification of your investments and savings by spreading the risk across a number of different products, is an important part of sound financial advice. A qualified financial advisor in Kettering will have the knowledge of the best areas to consider, which mirror your financial situation and your goals.
Your financial advisor will communicate in the clearest possible way, while revealing the complex world of finance. This will help you to compare products and services that match your needs, and come to an informed decision. You can ask your advisor to only include ethical investment and savings schemes. You will then be able to keep clear of companies that investments meet your requirements, and instead support those firms and businesses that address your concerns, for instance zero carbon or renewable energy.
It may prove hard to manage your work and other obligations around a close working relationship with your financial advisor in Kettering. Face-to-face appointments can be backed up with video conferencing and telephone calls to enable you to get advice at a time to suit you. Working from home and remote working is now so common, and a professional financial advice firm in Kettering will have stringent measures in force to keep your details confidential and secure, even if you hardly ever have an in-person meeting with your advisor.
Investments can be an unpredictable area, and values could fall as well as rise. If your investment fails to make as much money as you were hoping for, it can be quite demoralising and worrying. However, unless it is because of incorrect or misleading information from your advisor a downward spiral in your investment isn't a recognised grounds for complaint.
The company's complaints procedure should be the starting point for any grievances, and the Key Facts Document will clarify this. If the financial advisor is registered with the FCA, you can let the Financial Ombudsman know about the matter if it is unresolved within the timeframe stipulated by the regulating body.
The Financial Ombudsman will look into the cause for complaint and come to a decision. If it's established that the complaint is justifiable, a decision is made on how the customer can be compensated. The advisor and their firm must comply with any ruling that is made, which becomes legally binding once the client has agreed to it. Any upset, hassle, distress and inconvenience caused to the client during the dispute, will be taken into account when the Financial Ombudsman establishes the level of compensation.
Financial advice can be provided in Kettering and also in nearby places like: Isham, Desborough, Little Cransley, Glendon, Mawsley, Loddington, Warkton, Cransley, Cranford, Barton Seagrave, Rushton, Orlingbury, Rothwell, Pytchley, Broughton, Burton Latimer, as well as in these postcodes NN14 2ZU, NN15 5HT, NN15 5DY, NN15 5HB, NN15 5HH, NN15 5DL, NN15 5HA, NN15 5EJ, NN14 4XY, NN15 5AZ. Locally based Kettering financial advisers will likely have the postcode NN15 and the telephone dialling code 01536.
Kettering Financial Advice Services
There is a wide range of services that can be provided by your local Kettering financial advisor including ethical investments, mortgage advice Kettering, financial analyst services, unit trusts, family income benefit, general financial planning in Kettering, financial planning in Kettering, retirement plans in Kettering, trusts Kettering, trustee investment services, business financial planning, life assurance in Kettering, life insurances, cash flow modelling in Kettering, pension plans in Kettering, portfolio management Kettering, long term care fee planning, investment plans in Kettering, financial advice services, annuities Kettering, pension transfer advice, offshore investments, income protection advice, equity release advice, pension reviews, and more.
The Necessary Skills to be Financial Advisors
- To have the ability to listen attentively
- To be good at promoting services and products.
- To have the ability to network and establish relationships with customers.
- Good management skills for negotiating product rates.
- Outstanding verbal communication skills.
- A good understanding of economics and accounting relating to financial markets and products.
- To be able to competently use a computer and the key software.
- Effective customer service skills for finding out customer needs.
- To be thorough and pay attention to detail.
- A good level of numeracy for building financial plans.
- To be organised and self-motivated.
Financial Advisors Near Kettering
Also: Broughton financial advisors, Glendon financial advisors, Orlingbury financial advisors, Isham financial advisors, Little Cransley financial advisors, Mawsley financial advisors, Barton Seagrave financial advisors, Loddington financial advisors, Rothwell financial advisors, Desborough financial advisors, Rushton financial advisors, Cranford financial advisors, Cransley financial advisors, Pytchley financial advisors, Warkton financial advisors, Burton Latimer and more.
- Kettering Tax Advice
- Kettering Estate Planning
- Kettering Retirement Planning
- Kettering Corporate Financial Advice
- Kettering Trustee Investments
- Kettering Investment Advice
- Kettering Life Insurance Advice
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- Kettering Cashflow Analysis
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- Kettering Mortgage Advice
- Kettering Wealth Management
- Kettering Inheritance Advice
- Kettering Financial Services
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Financial Advisors Around Kettering: Some Kettering streets and areas where financial advice has recently been given - Chase Hill, Crab Apple Way, Albert Street, The Gardens, Blackwell Road, Bryant Road, Canon Street, Templar Road, Berry Green Park, Church Close, Cogan Crescent, Berwick Way, Chase View Road, The Leys, The Syke, Catesby Road, Stuart Close, Spinney Rise, Thames Court, Cherry Road, Barnwell Street, Tynan Close, Drayton Close, Teal Close, Cranleigh Road, Tennyson Road, Arden Close, Diana Way, Charlotte Place, Spring Rise, as well as the following Kettering area postcodes: NN14 2ZU, NN15 5HT, NN15 5DY, NN15 5HB, NN15 5HH, NN15 5DL, NN15 5HA, NN15 5EJ, NN14 4XY, NN15 5AZ.
If you're interested in local Kettering information click here
Independent financial advisor in NN15 area, and dialling code 01536.
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