Financial Advisor Letchworth

Letchworth Independent Financial Advice & Investment

Financial Advisor Letchworth Hertfordshire (SG6): If you're in search of financial advice for the first time, trying to find a decent independent financial advisor in the Letchworth area can be a daunting experience. Whether you're looking for mortgage, investments, pension or even insurance guidance, all financial advisors have one thing in common; they all have to adhere to the regulations laid down by the Financial Conduct Authority. Any advice given by a FCA registered financial advisor in Letchworth comes with certain guarantees that if anything should go wrong, you can contact the Financial Services Compensation Scheme or the Financial Ombudsman.

Free Letchworth Financial Advisor Quotes

A decent starting place when choosing a financial advisor in Letchworth could be relatives and friends, but bear in mind that the type of advice you're searching for may be different to theirs. Any advice they provide needs to be personalised to your specific circumstances, and every financial advisor is not suitable for everybody. It is a good idea to chat to at least three different companies when you are selecting a financial advisor, as this is an important decision, and you need to find one that you feel comfortable with and can trust, and investigate the various options they offer.

Financial Advisor Letchworth Hertfordshire (SG6)

When it comes to picking a financial advisor in Letchworth, there are essentially two principal types; independent financial advisors and restricted advisors. Offering a wide range of options, an IFA won't be confined to the products and services of a single company. Independent financial advice must be provided in a frank and unbiased way and across the entire gamut of financial companies and products. This will enable you to pick from the broadest range of services to suit your needs. If you use a restricted financial advisor you'll find that they may be restricted to products and services of a specific firm, or as with a mortgage advisor, may only be involved with one product.

Before taking you on as a client, any financial advisor in Letchworth must fully discuss their charges with you, as set out by the Financial Conduct Authority. Determined by the type of service you are looking for, you could be charged by the hour, a set fee or possibly even a slice of your investment value. To allow you to discuss your objectives and determine whether the advisor is a right fit for you and your circumstances, a free initial consultation may be offered. In some larger Letchworth companies, you may find that your account is managed by a team as opposed to an individual advisor.

Financial Advisors Letchworth UK (01462)

Before any advice is handed out you'll be required to complete a confidential disclosure document, known as a "Fact Find" form, which tells the advising company about your financial situation and objectives. You'll also be handed an Initial Disclosure Document, or Key Facts Document, which provides details about the financial advisor, their situation for offering independent or restricted advice and the extent of their permissions in the financial market. Your own rights should also be laid out in this document, together with the options you can take if you want to complain because you are not happy with the service you're given. It should be simple to understand, written in layman's terms, and outline exactly what you're committing yourself to, along with the benefits and risks of taking the proffered advice. You can find the level of cooling-off period in the Key Facts Document. Within a certain number of days, this enables you to cancel your contract.

The very first time you are speaking with your financial advisor you need to check what qualifications and experience they've got. After all you're on the verge of entrusting your long-term financial wellbeing to their skill, so you must not be embarrassed about asking these questions. Every Letchworth financial advisor must be in a position to present an annual Statement of Professional Standing, and must hold at least a Level 4 qualification. When checking the Financial Services Register, you should not freak out if your specific advisor's name does not appear on there; you should be able to locate the company name, and that means the regulations covers all of their personnel. If they are not able to present these accreditations, the person cannot offer advice but is able to offer financial guidance. In terms of finance guidance differs to advice and isn't regulated in the same way. Therefore there's no recourse for the client if errors are made.

Financial Advisor Quotes in Letchworth Hertfordshire

If you are looking for advice on investments you will be asked the level of risk you're prepared to accept. Most investments carry some degree of risk, but higher risk investments could offer substantial rewards, but also more likelihood of losing your cash. Your savings objectives will need to be taken into account if good investment advice is to be given, i.e. short or long term investments, how quickly you need to access your funds and how much you wish to invest. "How much can you actually afford to lose?" Is the one crucial question that you should really be asking yourself. This might affect the products and services that you are offered, and is generally known as your 'capacity for loss'.

Financial Advice Near Letchworth Hertfordshire

You need to tell your financial advisor about your current personal savings, regular outgoing payments, investments or mortgage loans. To ensure that you get the most suitable advice for you, they need a clear and full picture of your financial circumstances. The diversification of your savings and investments by spreading the risk load across various products, is an essential part of reliable financial advice. Having a knowledge of the best areas to consider, a professional financial advisor will concentrate on products that most closely match your goals and financial circumstances.

Communicating in the plainest speech possible, your financial advisor will unveil the complex world of finance and investment. You should be in a position to make an informed and considered decision once you have learned about the various services and products which match your needs. If the environment is important to you, you could perhaps ask that ethical savings and investments take top priority. You can then avoid investments that corporations meet your standards, and instead support those firms and organisations that address your concerns, for example zero carbon or green energy.

It may prove difficult to manage your work life and other responsibilities around working closely with a financial advisor in Letchworth. To allow you to get advice at times that suit you, one-on-one appointments can be augmented with video conferencing and telephone. Any professional financial advice provider in Letchworth will have stringent measures in place to ensure your details are kept confidential and secure, even if you hardly ever have an in-person meeting with your personal advisor, because home and remote working is no longer unusual.


Investments can just as easily go down as well as up, because the financial world can be a volatile one. If it just so happens that your investment isn't making the amount of money you hoped for, it can be a very demoralising and worrying time. A downward trend in your investment is not seen as a basis for complaint, unless your advisor has given you wrong or misleading information.

Independent Financial Advisor Near Letchworth (SG6)

As described in the Key Facts Document, any complaints should begin with the firm's complaints procedure. If the advisor is registered with the FCA, you can let the Financial Ombudsman know about the problem if it is unresolved within the timeframe set by the regulating body.

The Financial Ombudsman will look into the cause of the complaint and come to a decision. If it's found that the complaint is justifiable, a decision is made on how the client can be compensated. On acceptance by the client, the ruling will become a legally binding one, and the advisor and their company must comply with it. The Ombudsman will also take into account any distress, upset, inconvenience and hassle caused to the customer during the dispute, and fix the level of compensation proportionately.

Book a Financial Advisor in Letchworth UK

Financial advice can be provided in Letchworth and also in nearby places like: Graveley, Willian, Sandon, Hitchin, Ashwell, Norton, Therfield, Walsworth, Rushden, Ickleford, Stotfold, Cadwell, Lower Green, Hinxworth, Weston, Baldock, Arlesey, Henlow Camp, together with these postcodes SG6 1LL, SG6 1BQ, SG6 1PJ, SG6 1DH, SG6 1AQ, SG5 4FE, SG6 1DS, SG6 1QD, SG6 1HJ, SG6 1AL. Local Letchworth financial advisers will most likely have the telephone dialling code 01462 and the postcode SG6. Click the "enquiry" form or banner to get information on financial advisors in your area.

Required Skills for Financial Advisors

  • Excellent skills in customer service for identifying customer requirements.
  • To be thorough and pay attention to detail.
  • A solid understanding of economics and accounting relating to financial markets and products.
  • To have a goal driven attitude.
  • Effective business management skills for negotiating product fees.
  • An outstanding level of maths knowledge for producing financial packages.
  • Outstanding skills in verbal communication.
  • To be good at selling financial products and services.
  • To be able to competently use a computer and the appropriate software applications.
  • To be able to network and build relationships with customers.
  • To have active listening and interpersonal skills.

Letchworth Financial Advice Services

Financial Advice Tasks Letchworth

There is a range of services which can be provided by your local Letchworth financial advisor including financial advice services in Letchworth, divorce financial planning Letchworth, pension advice, pension transfer advice, pension consolidation advice in Letchworth, ISA's, income protection Letchworth, pension reviews, life insurances Letchworth, investment advice in Letchworth, unit trusts, ethical investment advice, long term care fee planning in Letchworth, business planning, investment plans, tax advice, financial analyst services, portfolio management, personal financial planning in Letchworth, retirement plans, pension plans, cashflow analysis, bridging finance, family income benefit, offshore investment advice, and lots more.

Financial Advisors Hertfordshire

Services Advisers Investment Financial Advisor Letchworth Financial Advice Advice Hertfordshire Financial 01462 Advisor SG6 Advisors

In the Hertfordshire area you can also find: Hunsdon investment advisors, Elstree investment advisors, Maple Cross investment advisors, Northchurch financial advisors, Berkhamsted investment advisors, Welham Green investment advice, Benington financial advisors, Wymondley financial advisors, Brookmans Park investment advisors, Tewin financial advisors, Graveley financial advice, Little Hadham investment advice, Shenley investment advisors, Tewin financial advice, Croxley Green investment advice, Braughing investment advice, Frogmore financial advisors, Walkern financial advice, Puckeridge investment advisors, Weston financial advice, Stanstead St Margarets financial advice, Nash Mills investment advice, Knebworth investment advisors, Hunsdon investment advice, Codicote financial advisors, North Mymms investment advisors, Chorleywood financial advisors, Aldenham financial advisors, Redbourn investment advice, Little Munden financial advisors.


Financial Advisors Near Letchworth

Also find: Baldock financial advisors, Hinxworth financial advisors, Arlesey financial advisors, Norton financial advisors, Henlow Camp financial advisors, Therfield financial advisors, Walsworth financial advisors, Willian financial advisors, Hitchin financial advisors, Ashwell financial advisors, Graveley financial advisors, Weston financial advisors, Stotfold financial advisors, Rushden financial advisors, Lower Green financial advisors, Sandon financial advisors, Cadwell financial advisors, Ickleford financial advisors and more.

Letchworth Financial Advice Services

Find a Financial Advisor in Letchworth Here
Financial Advice Enquiries in Letchworth Hertfordshire (01462)
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Financial Advisors Around Letchworth: Over the last 12 months financial advice was provided in the following Letchworth streets: Chagny Close, Ashdown, Barrington Road, Bursland, Brookside, The Ridge, Dents Close, Aubreys, Townley, Alban Road, Saxon Close, Cloisters Lawn, Southern Way, Sollershott Hall, Tabor Court, Commerce Way, Springshott, Baldock Lane, Birds Hill, St Marys Close, Campfield Way, Chalkfield, Broadwater Dale, Corner Close, Cade Close, Saffron Hill, Avenue One, Stanefield, and in these Hertfordshire postcodes: SG6 1LL, SG6 1BQ, SG6 1PJ, SG6 1DH, SG6 1AQ, SG5 4FE, SG6 1DS, SG6 1QD, SG6 1HJ, SG6 1AL.

More Letchworth Services: Naturally, whenever you're looking at your finances in Letchworth, Hertfordshire, you are likely to be in need of all kinds of different services and together with a financial advisor in Letchworth, Hertfordshire, you might additionally need accountants in Letchworth, solicitors in Letchworth, payroll services in Letchworth, family lawyers in Letchworth, estate planning in Letchworth, business consulting in Letchworth, wills in Letchworth, investment advisors in Letchworth, tax preparation in Letchworth, mortgage brokers in Letchworth, business financial planning in Letchworth, mortgage advice in Letchworth, banruptcy lawyers in Letchworth, bookkeepers in Letchworth, contracts lawyers in Letchworth, property law & conveyancing in Letchworth, debt recovery & collection in Letchworth, and other different Letchworth experts.

To find local information regarding Letchworth, Hertfordshire go here

Independent financial advisor in SG6 area, phone code 01462.

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