Financial Advisor Liverpool

Liverpool Independent Financial Advice & Investment

Financial Advisor Liverpool Merseyside (L1): If you are seeking financial advice for the first time, trying to locate a first-rate financial advisor advisor in the Liverpool area can be a daunting experience. Whether you're looking for pensions, investments, mortgage or even insurance guidance, all financial advisors are bound by one simple rule; they all have to observe the regulations laid down by the FCA (Financial Conduct Authority). The good thing about this is that if a financial advisor who is FCA authorised gives you poor quality advice, and things go wrong, you have guarantees, and can get in touch with the Financial Ombudsman or the Financial Services Compensation Scheme to have it put right.

Free Liverpool Financial Advisor Quotes

A decent starting point when picking a financial advisor in Liverpool may be friends and family, but remember that the sort of advice you are searching for might be different to theirs. Financial advice should be individually tailored to your particular circumstances, and you'll find that some financial advisors may not be appropriate for you. It is wise to chat to at least 3 different companies when you are considering a financial advisor, as this is a major decision, and you need to find one that you can trust and feel comfortable with, and check out the various options they offer.

Financial Advisor Liverpool Merseyside (L1)

Independent financial advisors (IFA) and restricted advisors, are the two principal kinds of financial advisor in Liverpool. An IFA won't be confined to a single company's services or products. Independent financial advice must be given in a frank and unbiased way and should cover the full gamut of financial products and companies. If you decide to use an independent financial advisor, you will be able to choose from the widest possible array of services, in order to find the ideal solution for your needs. If you go to a restricted financial advisor you'll soon realise that they might be restricted to services and products of a particular company, or as in the case of a mortgage advisor, will only be focused on one product.

Before taking you on as a client, any Liverpool financial advisor must be fully transparent with you about their charges, as demanded by the FCA. Depending on the type of product you require, you could be charged a set fee, by the hour or maybe even a specific percentage of your investment. A free preliminary consultation might be offered, so you can discuss your goals and situation to see if the advisor is the best fit. Your account may be managed by a team rather than a single advisor, if you decide to use one of the larger Liverpool companies.

Financial Advisors Liverpool UK (0151)

You'll have to fill out a "Fact Find" document, which is a confidential disclosure form relating your financial situation and aims to the advising company. You will also be given a Key Facts or Initial Disclosure Document, which provides you with details of the financial advisor, their status to offer independent or restricted advice and their scope of permissions in the financial market. Your own legal rights should also be set out in this document, together with the options you can take if you need to complain because you are not happy with the service provided. It has to be easy to understand, written in plain language, and explain precisely what you're committing yourself to, along with the benefits and risks of accepting the proffered advice. You will find the level of cooling-off period in this document. This allows you to cancel your agreement within a specific number of days, and whenever any penalty charges are incurred.

You need to check the experience and qualifications of the financial advisor the first time you talk to them. Asking these questions should not be a cause for embarrassment, because after all you're about to entrust them with your financial future. All financial advisors in Liverpool must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. When you check the Financial Services Register, don't stress if your financial advisor's name doesn't show up on there; you ought to be able to find the firm name, and that means the regulations covers all of their advisors. The individual may still offer financial guidance rather than advice, if these can't be provided. In financial terms guidance is somewhat different to advice and isn't regulated in the same way. Therefore there isn't any recourse for either party if financial errors arise.

Financial Advisor Quotes in Liverpool Merseyside

You'll be asked the amount of risk you're willing and able to take on, if you are seeking advice on investments. Most investments carry some element of risk, but high risk investments may offer substantial rewards, but also more likelihood of losing some or all of your cash. In order to get the most beneficial investment and financial advice, your savings goals will need to be taken into account, i.e. long or short term investments, how rapidly you need to access your money and how much you have to invest. One question you should ask of yourself, which is usually overlooked, is just how much you can really afford to lose. This could influence the products and services that could be offered for your consideration, and is called your 'capacity for loss'.

Financial Advice Near Liverpool Merseyside

From the outset, it is vital that you let your financial advisor know about any existing regular outgoings, mortgages, investments or savings that you currently have. To make certain that you get the most appropriate advice for you, they need to have a full and clear picture of your finances. Smart financial advice should allow for diversifying your investments and savings by spreading the risk across a number of different products. With a knowledge of the best areas to consider, a professional financial advisor will favour products that most closely fit in with your goals and financial situation.

A financial advisor will throw open the complex world of finance, and try to speak in as much plain speech as possible. This will help you to compare products and services that meet your needs, and make an informed decision. If the environment is important to you, you could perhaps ask that ethical savings and investments take precedence. This allows you to support companies and enterprises that match your concerns, e.g. renewable energy or zero carbon, or perhaps avoiding companies that don't meet your requirements.

It could prove hard to manage your work and other responsibilities around a close working relationship with a financial advisor in Liverpool. This can be reduced by supplementing one-on-one appointments with video conferencing and telephone calls, therefore allowing you to get the advice you need at times that are convenient. Even if you rarely have a one-to-one meeting with your advisor, an established financial advice provider in Liverpool will have rigorous measures in force to ensure your details are kept secure and confidential, because home and remote working is now commonplace.


The value of your investments could go down as well as up, and this is something that you must always bear in mind. If your investment isn't making as much money as you hoped for, it can be quite demoralising and stressful. However, unless it is owing to misleading or incorrect information from your advisor a downward spiraling of your investment isn't seen as a cause for complaint.

Independent Financial Advisor Near Liverpool (L1)

The firm's official complaints procedure should be the best place to start with any grievances, and the Key Facts Document will discuss this. If the problem remains unsolved within the time laid down by the regulating body, and your financial advisor is a member of the Financial Conduct Authority, you can get in touch with the Financial Ombudsman.

The Financial Ombudsman will look into the cause for complaint and make a ruling. A decision will be made on how to rectify the situation or financially compensate the client, if the complaint is upheld. The financial advisor and their firm must comply with any ruling that's made, which becomes a legally binding decision once the customer has agreed to it. Any inconvenience, upset, trouble and distress caused to the customer during the process, will be taken into account when the Ombudsman establishes the level of compensation.

Book a Financial Advisor in Liverpool UK

Financial advice can be provided in Liverpool and also nearby in: Huyton, Toxteth, Knowsley, Wavertree, Orrell Park, Garston, Kirkdale, West Derby, Tarbock, Everton, Otterspool, Fairfield, Kensington, Edge Hill, Childwall, Vauxhall, Bankhall, as well as in these postcodes L1 0BY, L1 4AS, L1 1LU, L1 1NP, L1 4EZ, L1 1LQ, L1 0BS, L1 1LN, L1 1LT, L1 1LE. Locally based Liverpool financial advisors will most likely have the postcode L1 and the phone code 0151. Verifying this will ensure you're accessing locally based financial advisers. Liverpool property owners are able to utilise these and various other similar services. Simply click the "enquiry" form or banner to get details about financial advisors in your location.

Liverpool Financial Advice Services

Financial Advice Tasks Liverpool

There are a whole host of services which can be provided by your local Liverpool financial advisor including income protection advice, cheap financial advice, general financial planning in Liverpool, investment consolidation advice, corporate bonds, will writing services, life insurances Liverpool, mutual funds, personal pensions, financial planning, family income benefit, pension reviews, independent financial advice in Liverpool, unit trusts, critical illness cover, investment advice Liverpool, savings advice, annuity purchases, offshore investment advice, personal protection, ISA's, pension drawdowns, trusts, divorce financial planning, pension advice, corporate financial planning Liverpool, financial advice services, wealth management & investments, familt controlled trusts, inheritance tax planning Liverpool, and more. These are just a handful of the duties that can be handled by a financial advisor. Liverpool professionals will let you know their whole range of financial services.

Regular Duties of a Financial Advisor

  • Financial advisors negotiate with providers of financial products.
  • Financial advisors provide counselling, education and consultation regarding investments and finances.
  • Financial advisors keep abreast of regulation changes and new financial products.
  • Financial advisors produce comprehensive financial reports.
  • Financial advisors maintain detailed records of transactions and clients.
  • Financial advisors work together with associates to collect trends, statistics and market information.
  • Financial advisors meet targets for sales and performance.
  • Financial advisors speak with clients regarding their finances and plans.
  • Financial advisors constantly update customers about their investments.
  • Financial advisors recommend the best-suited financial products to their customers.

Necessary Skills for a Financial Advisor

  • To be goal driven.
  • An outstanding knowledge of accounting and economics relating to financial products and markets.
  • Effective business management skills for the negotiation of product fees.
  • To have the ability to use a computer and the primary software applications.
  • Excellent customer service skills for establishing client needs.
  • The ability to sell financial services and products.
  • To be thorough and pay attention to detail.
  • To have the ability to network and build relationships with clients.
  • Active interpersonal and listening skills.
  • A competent level of mathematical knowledge for developing financial plans.
  • Outstanding verbal communication skills.

Financial Advisors Near Liverpool

Also find: Kirkdale financial advisors, Everton financial advisors, Orrell Park financial advisors, Vauxhall financial advisors, Wavertree financial advisors, Garston financial advisors, Bankhall financial advisors, Tarbock financial advisors, Childwall financial advisors, Otterspool financial advisors, Edge Hill financial advisors, Kensington financial advisors, West Derby financial advisors, Fairfield financial advisors, Toxteth financial advisors and more. Financial advisers are available for consultation services in all these places. Property owners in the region can make enquiries about financial advice by clicking here.

Liverpool Financial Advice Services

Find a Financial Advisor in Liverpool Here
Financial Advice Enquiries in Liverpool Merseyside (0151)
  • Liverpool Financial Services
  • Liverpool Wealth Management
  • Liverpool Cashflow Analysis
  • Liverpool Pension Advice
  • Liverpool Financial Advice Quotes
  • Liverpool Corporate Financial Planning
  • Liverpool Cheap Financial Advice
  • Liverpool Estate Planning
  • Liverpool Independent Financial Advice
  • Liverpool Inheritance Advice
  • Liverpool Tax Advice
  • Liverpool Investment Advice
  • Liverpool Life Insurance Advice
  • Liverpool Retirement Planning

To obtain local Liverpool information go here

Independent financial advisor in L1 area, phone code 0151.

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(This financial advisor Liverpool page was checked and updated on 20-02-2024)