Financial Advisor Leicester

Leicester Independent Financial Advice & Investment

Financial Advisor Leicester Leicestershire (LE1): Locating a reliable financial advisor advisor in the Leicester area can be an intimidating experience, particularly if you are needing financial advice for the first time. Whether it's pension, investment, mortgage or even insurance advice that you are searching for, there's one common rule for all qualified financial advisors; they all have to observe Financial Conduct Authority regulations. This comes with certain guarantees, thus after taking advice from a FCA authorised financial advisor in Leicester, you can seek recompense from the Financial Services Compensation Scheme or the Financial Ombudsman Scheme, if something should go awry.

Free Leicester Financial Advisor Quotes

Friends and neighbours recommendations can be a good starting place in choosing a financial advisor in Leicester, but bear in mind that their needs may be different to what you're looking for. Financial advice must be individually tailored to your unique situation, and you will discover that some financial advisors might not be suitable for you. To check out the options that they can provide and find a financial advisor you feel comfortable with and can trust, it is a good idea to chat to at least 3 different firms, because selecting a financial advisor is a big decision.

Financial Advisor Leicester Leicestershire (LE1)

When it comes to picking a financial advisor in Leicester, there are 2 main types; independent financial advisors (IFA) and restricted advisors. Offering a wide range of options, an independent financial advisor should not be limited to just one provider's products or services. Encompassing the whole spectrum of financial companies and products, independent financial advice should be offered in an honest and unbiased way to clients. This will allow you to choose from the widest possible range of products to meet your needs. If you go to a restricted advisor you'll discover that they could be restricted to services and products of a specific company, or as with a mortgage advisor, may only be concerned with one product.

The Financial Conduct Authority demands that any financial advisor in Leicester must discuss their charges with you, before accepting you as a client. Dependant upon the product you require, you could be charged by the hour, a set fee or maybe even a specific percentage of your investment value. A free initial consultation may be offered, so you can discuss your objectives and situation to see if the advisor is the right fit. If you go to one of the bigger Leicester firms, your account may be looked after by a team of advisors rather than just one individual.

Financial Advisors Leicester UK (0116)

Before any financial advice is given you will be required to fill out a confidential disclosure form, known as a "Fact Find" document, which informs the advising firm about your aims and financial situation. An Initial Disclosure, or Key Facts Document will also be handed to you, providing information regarding the financial advisors themselves, explaining their range of permissions in the financial sector and their situation for offering independent or restricted advice. This document should also make clear your rights and the options you can take if you are not happy with the service provided, and would like to complain. It has to be written in plain English and describe what you're signing up for, and any potential benefits and risks if you elect to take the advice offered. The cooling-off period should also be explained in this document. This makes it possible for you to cancel your agreement with the financial advisor within a specific time period, and whenever any penalty charges are incurred.

You'll want to check what experience and qualifications the financial advisor has the first time you talk to them. Asking these questions should not be a cause for embarrassment, because you're about to entrust them with your financial wellbeing. A Level 4 qualification is the minimum required certification for any financial advisor in Leicester, and they also have to be able to provide you with an annual Statement of Professional Standing. If your advisor's name does not show up on the Financial Services Register, don't panic, the company the person works for will almost certainly be on the register and their personnel will be covered by the regulations. The individual can still offer financial guidance instead of advice, if these can't be provided. In terms of finance guidance is different to advice and isn't regulated. Therefore there's no recourse for the client if financial errors are made.

Financial Advisor Quotes in Leicester Leicestershire

If it is investments that you're interested in, your advisor will ask you about the amount of risk you are prepared to take on with your hard-earned cash. High risk investments could offer higher rewards, however some or all of your funds could be lost. In order to get the most effective investment and financial advice, your savings goals will need to be given careful consideration, i.e. how much you have to invest, short or long term investments and how rapidly you need to access your funds. You must always ask yourself the one crucial question, how much can you truly afford to lose. This may well affect the products and services that could be offered for your consideration, and is known as your 'capacity for loss'.

Financial Advice Near Leicester Leicestershire

You need to tell your financial advisor about your existing investments, savings accounts, mortgage loans or regular payments. To make certain that you get the most appropriate advice for you, they need to have a clear and full picture of your finances. Reliable financial advice should include diversifying your investments and savings by spreading the risk across different products. A seasoned financial advisor in Leicester will understand the best products to consider, which match your goals and your financial situation.

Your financial advisor will attempt to communicate in as much plain speech as possible, while throwing open the complex world of finance. You should be able to make an informed and educated decision once you have compared the various products and services that meet your needs. If you are environmentally minded, you could maybe ask your financial advisor to stick to ethical investment and savings schemes. This not only provides you with investment possibilities, but also allows you to lend your support to renewable energy or zero carbon projects, and keep away from those that do not share the same values as you do.

It can prove difficult to manage your work life and other obligations around working closely with a financial advisor in Leicester. One-on-one meetings can be supplemented with telephone and video conferencing to enable you to get advice at times that suit you. Even if you hardly ever have a one-on-one meeting with your personal advisor, any experienced financial advice firm in Leicester will have stringent measures in place to ensure your details are kept confidential and secure, because working from home and remote working is now a large part of our society.

COMPLAINTS

The value of your investments can fall as well as rise, and this is a factor that you must always bear in mind. If your investment is not making as much money as you hoped for, it can be quite demoralising and worrying. Sadly, a downward spiraling of your investment isn't seen as a grounds for complaint, except if it is down to misleading or wrong information from your advisor.

Independent Financial Advisor Near Leicester (LE1)

The company's official complaints procedure should be the starting place for any grievances, and the Key Facts Document should explain this. You can let the Financial Ombudsman know about the issue if it remains unsolved within the period laid down by the regulating authority, and the financial advisor is a member of the FCA.

After independently reviewing the cause of the complaint, the Financial Ombudsman will come to a decision on the issue. A decision is made on how to rectify the situation or financially compensate the customer, if the complaint is upheld. The advisor and their company must abide by any decision that's made, which becomes legally binding once the client has agreed to it. Any inconvenience, hassle, upset and distress 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 Leicester UK

Financial advice can be provided in Leicester and also in nearby places like: Birstall and Thurmarston, Humberstone, Clarendon Park, Groby, Dane Hills, Belgrave, Oadby, Aylestone, Beaumont Leys, Spinney Hills, Mountsorrel, Anstey, Evington, Knighton, Enderby, Wigston, together with these postcodes LE1 2NG, LE1 1RU, LE1 2DE, LE1 1TG, LE1 2PA, LE1 1SX, LE1 1DH, LE1 2GT, LE1 1LG, LE1 3BE. Local Leicester financial advisers will probably have the dialling code 0116 and the postcode LE1. Simply click the "enquiry" banner to get details about financial advisors in your location.

Leicestershire Financial Advice Enquiries

Financial Advice Enquiries Leicestershire

Recent Leicestershire financial advice enquiries: Dara Hardy and Ashley Hardy from Huncote recently asked for information on life assurance. Alexia and Callum Ring from Houghton on the Hill recently enquired about getting financial advice. Sadie Maxwell from Quorndon, Leicestershire recently enquired about equity release. Hajra Payne from Earl Shilton, Leicestershire recently asked for information on mortgages. Maci Ali and Lennon Ali from Glen Parva, Leicestershire recently enquired about investment advice. Henry Wise from Ashby de la Zouch recently enquired about offshore investments. Aliyah Muir and Marc Muir from Croft recently asked for information on pensions. Mr and Mrs Polson from Old Dalby, Leicestershire recently enquired about mortgage advice.

A Financial Advisor's Day to Day Tasks

  • A financial advisor works with peers to gather trends, statistics and market information.
  • A financial advisor recommends the financial products that are best-suited to clients.
  • A financial advisor collaborates with providers of financial products.
  • A financial advisor produces detailed financial reports.
  • A financial advisor keeps detailed records of customers and transactions.
  • A financial advisor regularly updates customers concerning their investments.
  • A financial advisor provides consultation, counselling and education with regards to finances and investments.
  • A financial advisor keeps abreast of legislation changes and new financial products.
  • A financial advisor meets targets for performance and sales.
  • A financial advisor speaks with clients regarding their plans and finances.

Leicester Financial Advice Services

Financial Advice Tasks Leicester

There is a wide range of services that are provided by your local Leicester financial advisor including cashflow analysis, personal financial planning Leicester, cheap financial advice, financial advice services Leicester, stakeholder pension advice in Leicester, pension advice Leicester, annuity purchase in Leicester, annuities, corporate bonds, family income benefit, equity release, bridging finance Leicester, divorce planning in Leicester, trusts, unit trusts Leicester, investment planning, inheritance tax planning in Leicester, trustee investment services, ethical investment advice, pension consolidation, retirement plans, business planning in Leicester, general financial planning, pension reviews in Leicester, offshore investments, and lots more.

LEICESTER FINANCIAL ADVISOR QUOTES

Financial Advisors Near Leicester

Also find: Dane Hills financial advisors, Spinney Hills financial advisors, Oadby financial advisors, Aylestone financial advisors, Humberstone financial advisors, Belgrave financial advisors, Anstey financial advisors, Mountsorrel financial advisors, Beaumont Leys financial advisors, Clarendon Park financial advisors, Evington financial advisors, Knighton financial advisors, Groby financial advisors, Enderby financial advisors, Wigston financial advisors, Birstall and Thurmarston financial advisors and more.

Leicester Financial Advice Services

Find a Financial Advisor in Leicester Here
Financial Advice Enquiries in Leicester Leicestershire (0116)
  • Leicester Inheritance Advice
  • Leicester Wealth Management
  • Leicester Pension Advice
  • Leicester Mortgage Advice
  • Leicester Investment Advice
  • Leicester Life Insurance Advice
  • Leicester Cashflow Analysis
  • Leicester Financial Advice Quotes
  • Leicester Financial Services
  • Leicester Retirement Advice
  • Leicester Independent Financial Advice
  • Leicester Trustee Investments
  • Leicester Tax Advice
  • Leicester Corporate Financial Advice

Financial Advisors Around Leicester: In Dalby Avenue, Shield Crescent, The Newarke, Cairnsford Road, Sharmon Crescent, All Saints Road, Andrew Avenue, Centurion Court, Baldwin Rise, The Firs, Battersbee Road, Beechwood Avenue, Amy Street, Adderley Road, Dunstall Avenue, Saville Road, Sidney Road, Babington Road, Benscliffe Road, Ainsworth Walk, Shirley Street, Beaumont Green, Simmins Close, Daybell Close, Durban Road, Denmark Road, The Cross, Scalborough Close, Barnwell Avenue, Calver Hey Road, as well as these local Leicester postcodes: LE1 2NG, LE1 1RU, LE1 2DE, LE1 1TG, LE1 2PA, LE1 1SX, LE1 1DH, LE1 2GT, LE1 1LG, LE1 3BE, folks have recently needed financial and investment advice.

For the latest local info regarding Leicester, Leicestershire take a look here

Independent financial advisor in LE1 area, telephone code 0116.

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