Financial Advisor Leicester

Leicester Independent Financial Advice & Investment

Financial Advisor Leicester Leicestershire (LE1): If you're in search of financial advice for the very first time, trying to find a good financial advisor advisor in the Leicester area can be a challenging experience. However, all professional financial advisors have one thing in common; they all have to observe the regulations of the Financial Conduct Authority, regardless of whether you're searching for pension, investments, mortgage or even insurance advice. The benefit of this is that if a financial advisor who is FCA registered gives you poor advice, and anything goes awry, you have guarantees, and are able to go to the Financial Services Compensation Scheme or the Financial Ombudsman Scheme to get it put right.

Free Leicester Financial Advisor Quotes

When picking a financial advisor in Leicester, a good place to start could be friends and relatives, however you must keep in mind that your circumstances may not be the same as theirs, and you might be in need of a different sort of advice. Their advice needs to be tailored to your specific situation, and not every financial advisor is suitable for everyone. Choosing a financial advisor is an important decision and it is wise to speak with at least three different companies in order to check out the options they offer, and to find one you feel comfortable with and can trust.

Financial Advisor Leicester Leicestershire (LE1)

Independent financial advisors and restricted advisors, are the 2 main kinds of financial advisor in Leicester. The good thing about using an IFA is that they should not be restricted to a single provider's services and products, and can offer a wide range of options. Encompassing the full gamut of financial companies and products, independent financial advice must be given in an impartial and unbiased way to clientele. This enables you to select from the widest range of products to suit your needs. A restricted financial advisor could be limited to services and products from a specific firm, or might even concentrate on an individual product, as can happen with a mortgage advisor.

Before any Leicester financial advisor accepts you as a client, they're required by the Financial Conduct Authority to tell you about their charges. Dependant upon the type of service you require, you could be charged a set fee, by the hour or maybe even a proportion of your investment. A free preliminary consultation may be offered, so you can discuss your objectives and situation to determine whether the advisor is the right choice. Your account might be handled by a team rather than a single advisor, if you elect to use one of the larger Leicester firms.

Financial Advisors Leicester UK (0116)

Before any actual financial advice is given you will be asked to fill in a confidential disclosure document, known as a "Fact Find" form, which informs the advising firm about your goals and financial situation. A Key Facts Document, or Initial Disclosure Document will also be given to you, providing information on the financial advisors themselves, detailing the extent of their permissions in the financial arena and their situation for offering independent or restricted advice. If you're not satisfied with the service provided, and wish to make a complaint, this document will also lay down your rights and the possible options you can take. It should outline precisely what you are signing up for, and any possible risks and benefits that exist if you elect to take the advice offered, and it has to be laid out in plain language. The Key Facts Document should also inform you of the cooling-off period. This makes it possible for you to cancel your agreement within a specific period of time, and whenever any penalties are incurred.

The very first time you're chatting with your financial advisor make sure you check what experience and qualifications they have. After all you're just about to entrust your long-term financial wellbeing to their skill, so you should never be self-conscious about asking these questions. A Level 4 qualification is the minimum required certification for any Leicester financial advisor, and they must also be in a position to present you with an annual Statement of Professional Standing. When checking the Financial Services Register, don't panic if your particular financial advisor's name doesn't show up on there; you should be able to locate the firm name, and that means the regulations covers all of their personnel. If these can't be provided the person can still offer financial guidance rather than advice. In terms of finance guidance is different to advice and isn't regulated in the same way. Therefore there is no recourse for either party if errors are made.

Financial Advisor Quotes in Leicester Leicestershire

If you're looking for advice on investments you will be asked about the amount of risk you are willing to take. Higher risk investments may potentially offer bigger rewards, however some or all of your funds could be lost. In order to get the best investment and financial advice, your savings objectives will need to be carefully considered, i.e. how quickly you need access to your money, how much you wish to invest and short or long term investments. "How much money can you afford to lose?" Is the one question that you should really be asking yourself. This may well influence the services and products that you're offered, and is sometimes referred to as your 'capacity for loss'.

Financial Advice Near Leicester Leicestershire

If you've already got any existing regular outgoing payments, mortgages, savings accounts or investments, you'll want to tell your financial advisor about these. To ensure that you get the most appropriate advice for you, they need to gather a clear and full picture of your financial situation. Spreading the risk across various products through the diversification of your savings and investments, is something that good quality financial advice should allow for. In order to mirror your financial circumstances and goals, a seasoned financial advisor in Leicester will have the knowledge of the best products to consider.

A financial advisor will unveil the multifaceted world of finance, and try to speak in the clearest possible way. After comparing the various services and products which match your needs, you should be able to make an informed and intelligent decision. If you are mind is firmly on the environment, you can even ask your advisor to stick to ethical savings and investment schemes. This will allow you to support companies and organisations which match your concerns, i.e. green energy or zero carbon, or perhaps avoiding investments that do not meet your standards.

It can prove difficult to manage your work life and other responsibilities around a close working relationship with a financial advisor in Leicester. To enable you to get advice at times that suit you, face-to-face meetings can be complemented with telephone calls and video conferencing. Home and remote working is now a large part of our society, and a competent financial advice company in Leicester will have strict measures in place 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 just as easily go down as well as up, since the financial sector can be volatile. If your investment isn't making the amount of money you were hoping for, it can be quite stressful and demoralising. Regrettably, a downward spiral in your investment isn't a recognised basis for complaint, unless it's due to wrong or misleading information from your financial advisor.

Independent Financial Advisor Near Leicester (LE1)

As detailed in the Key Facts Document, any grievances should commence with the firm's complaints procedure. You can inform the Financial Ombudsman of the problem if it remains unresolved within the time-frame laid down by the regulating body, and the financial advisor is a member of the Financial Conduct Authority.

The Financial Ombudsman will come to a decision after reviewing the cause for complaint independently. If the complaint is justified, a decision is made on how to rectify or financially compensate the customer. Once the decision has been agreed on by the customer it becomes a legally binding decision that the advisor and their company, must abide by. Any compensation set by the Financial Ombudsman will also take into consideration any trouble, distress, annoyance and inconvenience caused to the customer during the situation.

Book a Financial Advisor in Leicester UK

Financial advice can be provided in Leicester and also in: Aylestone, Clarendon Park, Evington, Belgrave, Dane Hills, Beaumont Leys, Groby, Anstey, Mountsorrel, Knighton, Birstall and Thurmarston, Humberstone, Spinney Hills, Enderby, and in these postcodes LE1 2PB, LE1 1DA, LE1 2EN, LE1 2FX, LE1 1AE, LE1 2EL, LE1 1QF, LE1 2AA, LE1 2AD, LE1 2EH. Locally based Leicester financial advisers will likely have the postcode LE1 and the telephone code 0116. Checking this out should make certain that you're accessing locally based financial advisers. Leicester property owners can benefit from these and countless other finance related services.

The Necessary Skills to be Financial Advisors

  • Good verbal communication skills.
  • To be organised and self-motivated.
  • A thorough knowledge of economics and accounting associated with financial markets and products.
  • Good management skills for the negotiation of product rates.
  • An excellent level of math knowledge for producing financial plans.
  • To have good IT skills.
  • To have the ability to listen attentively
  • To be good at selling financial products and services.
  • Good customer service skills for finding out customer requirements and needs.
  • To have the ability to network and establish solid relationships with customers.
  • To pay attention to detail and be thorough.

Leicester Financial Advice Services

Financial Advice Tasks Leicester

There is a variety of services that can be provided by your local Leicester financial advisor including pension reviews, financial analyst services, cash flow modelling in Leicester, inheritance tax planning Leicester, annuity purchases Leicester, family income benefit, investing an inheritance Leicester, life insurance advice Leicester, personal pensions advice in Leicester, mutual funds in Leicester, equity release, divorce planning, business financial planning, corporate financial planning, offshore investment advice, investment plans, money planning, portfolio management, mortgage services, ISA's in Leicester, stakeholder pension advice, long term care fee planning in Leicester, multi-asset portfolios, pension planning, cashflow analysis Leicester, financial planning Leicester, personal financial planning in Leicester, critical illness cover, savings advice Leicester, retirement planning Leicester, and more. Listed are just a small portion of the tasks that can be undertaken by a financial advisor. Leicester professionals will keep you informed about their full range of services.


Financial Advisors Near Leicester

Also find: South Croxton financial advisors, Keyham financial advisors, Dane Hills financial advisors, Evington financial advisors, Barkby Thorpe financial advisors, Belgrave financial advisors, Knighton financial advisors, Humberstone financial advisors, Birstall financial advisors, Spinney Hills financial advisors, Clarendon Park financial advisors, Ingarsby financial advisors, Botcheston financial advisors, Beaumont Leys financial advisors, Beeby financial advisors and more. Financial advisors are available for consultation services in pretty much all of these areas. Householders in these areas can make enquiries about financial advice by going here.

Leicester Financial Advice Services

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

Leicester Financial Advisor Jobs: View financial adviser jobs near Leicester by clicking here: Leicester Financial Advisor Jobs

For the latest local Leicester info go here

Independent financial advisor in LE1 area, and dialling code 0116.

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(This financial advisor Leicester page was last updated on 20-02-2024)