Financial Advisor Keynsham

Keynsham Independent Financial Advice & Investment

Financial Advisor Keynsham Somerset (BS31): It can be a challenging experience trying to locate a decent financial advisor advisor in Keynsham, particularly if it is the first time that you're needing financial advice. Nevertheless, all financial advisors have one thing in common; they must all adhere to the regulations laid down by the FCA (Financial Conduct Authority), regardless of whether you are searching for investments, pensions, mortgage or even insurance guidance. This comes with some guarantees, therefore after getting advice from a FCA approved financial advisor in Keynsham, you can seek recompense from the Financial Services Compensation Scheme or the Financial Ombudsman, if something should go awry.

Free Keynsham Financial Advisor Quotes

A decent starting place in choosing a financial advisor in Keynsham could be friends and relations, but keep in mind that the type of advice you are searching for could be different to theirs. Not every financial advisor is suitable for everyone, and any advice they provide needs to be adapted to your unique situation. It pays to speak to at least three different companies when you are choosing a financial advisor, as this is an important decision, and you'll be looking to find one that you can trust and feel comfortable with, and also check out the options they offer.

Financial Advisor Keynsham Somerset (BS31)

When it comes to picking a financial advisor in Keynsham, there are two main types; restricted advisors and independent financial advisors (IFA). Offering a more extensive range of options, an IFA should not be limited to just one provider's services or products. Independent financial advice should cover the whole gamut of financial companies and products, and should be given in an unbiased way. Using an IFA should enable you to choose from the widest possible range of services. If you go to a restricted advisor you will find that they might be limited to services and products of a particular company, or as in the case of a mortgage advisor, might only be concerned with one solitary product.

The Financial Conduct Authority requires that any financial advisor must be fully transparent with you about their charges, before taking you on as a client. Based on the kind of services you're looking for, you could be charged by the hour, a set fee or possibly even a slice of your investment. You may be offered a free preliminary consultation to allow you to discuss your goals and find out if the advisor is a good fit for you and your situation. Your account might be handled by a team rather than one individual advisor, if you choose to go with one of the larger Keynsham firms.

Financial Advisors Keynsham UK (0117)

Before any actual advice is given you will need to fill out a confidential disclosure form, known as a "Fact Find" document, which informs the advising company about your desired goals and financial situation. To provide details of the financial advisor, their status to offer independent or restricted advice and their scope of permissions in the financial market, you'll also be handed an Initial Disclosure, or Key Facts Document. If you're not happy with the service, and wish to make a complaint, this document will also lay out your own legal rights and your options. It must be typed out in plain language and describe what you're signing up for, and any possible benefits and risks if you elect to accept the offered advice. The allowed cooling-off period should also be spelled out in this document. This enables you to cancel your contract within a specific period of time, and if any penalty charges are incurred.

The first time you are talking with your financial advisor make sure you check what qualifications and experience they've got. After all you are on the verge of entrusting your long-term financial wellbeing to their skill, so you must not be self-conscious about asking such questions. A Level 4 qualification in financial advice is the minimum certification for any financial advisor in Keynsham, and they must also be in a position to provide you with an annual Statement of Professional Standing. When checking the Financial Services Register, don't panic if your advisor's name doesn't show up on there; you ought to be able to locate the company name, and this means that the legislation covers all of their employees. If these cannot be provided the person can still offer financial guidance rather than advice. Guidance isn't subject to regulations in the same way as financial advice, which means that if mistakes are made the client won't have any recourse.

Financial Advisor Quotes in Keynsham Somerset

You will be asked about the amount of risk you are prepared to accept, if you are seeking advice on investments. Higher risk investments could offer substantial rewards, but all or some of your capital could be lost. The best financial and investment advice will take you savings objectives into consideration, i.e. how much you wish to invest, short or long term investments and how rapidly you need to access your money. "How much can you actually afford to lose?" Is the one crucial question that you should really be asking yourself. This is called your 'capacity for loss' and might influence the products and services that could be offered to you.

Financial Advice Near Keynsham Somerset

Right from the start, it's crucial that you tell your financial advisor about any investments, savings accounts, mortgages or regular payments that you currently have. To ensure that you receive the most suitable advice for you, they need a clear and full picture of your financial circumstances. Spreading the risk load across a range of different products by diversifying your savings and investments, is something that smart financial advice should embrace. A qualified financial advisor in Keynsham will be aware of the best products to consider, which match your financial situation and your goals.

Communicating in the clearest possible way, your financial advisor will reveal the multifaceted world of finance and investment. After comparing the products and services which match your needs, you should be able to make an informed and considered decision. You could ask your advisor to only specify ethical investment and savings schemes. You will then be able to keep away from investments that businesses meet your requirements, but instead support those businesses and firms that match your concerns, for instance renewable energy or zero carbon.

It could prove hard to manage work and other obligations around a close working relationship with a financial advisor in Keynsham. This can be reduced by supplementing face-to-face meetings with telephone calls and video conferencing, hence enabling you to seek the advice you need at convenient times. Remote and home working is now a large part of our society, and any experienced financial advice provider in Keynsham will have strict measures in place to ensure your details are kept secure and confidential, even if you rarely have an in-person meeting with your personal advisor.


You must understand that the financial world is a volatile sector, and investment values can just as easily go down as well as up. It can be very demoralising and stressful if your investment is not making as much money as you were hoping for. Your investment having a downward trend isn't seen as a cause for complaint, unless your financial advisor has given you misleading or wrong information.

Independent Financial Advisor Near Keynsham (BS31)

As indicated in the Key Facts Document, any grievances should start out with the company's complaints procedure. You can tell the Financial Ombudsman about the situation if it is unresolved within the time period set out by the regulating authority, and the advisor is a member of the Financial Conduct Authority.

After independently reviewing the cause of the complaint, the Financial Ombudsman will make a ruling on the issue. If it is established that the complaint is legitimate, a decision will be made on how the customer can be compensated. Once the decision has been agreed on by the client it becomes a legally binding decision that the financial advisor and their firm, must abide by. The Financial Ombudsman will also account for any inconvenience, trouble, upset and distress caused to the client during the situation, and set the level of compensation proportionately.

Book a Financial Advisor in Keynsham UK

Financial advice can be provided in Keynsham and also nearby in: Brislington, Hengrove, Pensford, Saltford, Bristol, Queen Charlton, Longwell Green, Bitton, Chewton Keynsham, Barrs Court, Knowle, Hanham, Stockwood, Willsbridge, Whitchurch, Marksbury, as well as in these postcodes BS31 1DE, BS31 1BD, BS31 1HB, BS31 1AN, BS31 1JX, BS31 1JP, BS31 1EQ, BS31 1PT, BS31 1AJ, BS31 1PA. Local Keynsham financial advisors will most likely have the telephone dialling code 0117 and the postcode BS31. Verifying this can make certain that you're accessing local financial advisers. Keynsham property owners will be able to benefit from these and countless other comparable services.

Pension Planning

Crucial for a secure retirement is pension planning. By engaging the services of a financial advisor, one can witness a notable enhancement of this process. Designing a customised pension plan, a qualified advisor will assess your current financial situation and understand your retirement goals. Among the intricacies they navigate are the UK's pension options, such as the state pension, workplace pensions, and self-invested personal pensions. Making informed decisions about tax implications, investment choices and contributions can be achieved by leveraging their expertise. Working with a financial advisor in Keynsham ensures that you create an effective pension plan, providing financial stability and peace of mind for your future.

UK pension planning is heavily reliant on the State Pension, because it is the only guaranteed source of retirement income for a lot of individuals. The State Pension is usually only available to those who have made sufficient National Insurance contributions over their working life. However, the changes to the number of qualifying years and the State Pension age have made it more important than ever to understand the complexities of this scheme. (42316)

Keynsham Financial Advice Services

Financial Advice Tasks Keynsham

There is a range of services which are provided by your local Keynsham financial advisor including money planning in Keynsham, financial analyst services, cheap financial advice Keynsham, pension planning, pension drawdowns, investment bonds, investment reviews, multi-asset portfolios in Keynsham, cashflow analysis in Keynsham, corporate bonds, family income benefit, business protection Keynsham, mutual funds, death benefits in Keynsham, investing an inheritance Keynsham, ethical investment advice in Keynsham, annuity purchase, will writing services in Keynsham, mortgage financial planning in Keynsham, savings advice, offshore investment advice, personal pensions advice Keynsham, saving for children, pensions in divorce in Keynsham, pension consolidation, personal financial planning in Keynsham, pension reviews, pension transfer advice, business planning, financial planning, and more. Listed are just some of the tasks that can be undertaken by a financial advisor. Keynsham professionals will keep you informed about their entire range of services.

A Financial Advisor's Everyday Tasks

  • Financial advisors work in collaboration with their peers to obtain statistics, trends and market information.
  • Financial advisors provide counselling, consultation and education regarding finances and investments.
  • Financial advisors produce comprehensive financial reports.
  • Financial advisors chat with customers about their finances and plans.
  • Financial advisors update clients regarding their investments.
  • Financial advisors keep up to date with law changes and new products.
  • Financial advisors thrash out advantageous deals with with providers of financial products.
  • Financial advisors keep detailed records of potential transactions and clients.
  • Financial advisors meet targets for sales and performance.
  • Financial advisors research financial products and explain them clearly and simply to their customers.

Skills Needed to be a Financial Advisor

  • To have a goal driven attitude.
  • Attentive listening skills.
  • Good skills in verbal communication.
  • An outstanding level of numeracy for developing financial packages.
  • Effective skills in customer service for determining client needs and requirements.
  • To be thorough and pay attention to detail.
  • To be good at promoting products and services.
  • Good management skills for the negotiation of product prices.
  • To have the ability to network and build solid relationships with clients.
  • A good knowledge of accounting and economics relating to financial markets and products.
  • To be capable of using a computer and the key software programs.

Financial Advisors Near Keynsham

Also find: Chewton Keynsham financial advisors, Bitton financial advisors, Stockwood financial advisors, Hengrove financial advisors, Knowle financial advisors, Marksbury financial advisors, Willsbridge financial advisors, Longwell Green financial advisors, Barrs Court financial advisors, Hanham financial advisors, Pensford financial advisors, Brislington financial advisors, Saltford financial advisors and more. Most of these places are covered by financial advisors. Householders in the region can make enquiries about financial advice by going here.

Keynsham Financial Advice Services

Find a Financial Advisor in Keynsham Here
Financial Advice Enquiries in Keynsham Somerset (0117)
  • Keynsham Investment Advice
  • Keynsham Mortgage Advice
  • Keynsham Life Insurance Advice
  • Keynsham Cheap Financial Advice
  • Keynsham Wealth Management
  • Keynsham Independent Financial Advice
  • Keynsham Retirement Advice
  • Keynsham Financial Advice Quotations
  • Keynsham Tax Advice
  • Keynsham Corporate Financial Planning
  • Keynsham Estate Planning
  • Keynsham Financial Services
  • Keynsham Cashflow Analysis
  • Keynsham Inheritance Advice

For the best local Keynsham information go here

Independent financial advisor in BS31 area, phone code 0117.

TOP - Financial Advisor Keynsham

Life Insurance Keynsham - Independent Financial Advice Keynsham - Independent Financial Advisor Keynsham - Financial Advice Quotes Keynsham - Investment Advice Keynsham - Financial Advisor Near Keynsham - Financial Advisers Keynsham - Personal Financial Advice Keynsham - Financial Advisors Keynsham


(This financial advisor Keynsham content was checked and updated on 20-02-2024)