Financial Advisor Lytham St Annes

Lytham St Annes Independent Financial Advice & Investment

Financial Advisor Lytham St Annes Lancashire (FY8): It can be a challenging experience trying to find a first-rate financial advisor advisor in Lytham St Annes, in particular if it's the first time that you're needing financial advice. Whether you are searching for pension, investments, mortgage or even insurance advice, all qualified financial advisors are bound by one common rule; they must all follow the regulations laid down by the Financial Conduct Authority. The good thing about this is that if a financial advisor who is FCA authorised gives you poor advice, and anything goes wrong, you have guarantees, and are able to get in touch with the Financial Ombudsman Scheme or the Financial Services Compensation Scheme to get it put right.

Free Lytham St Annes Financial Advisor Quotes

When selecting a financial advisor in Lytham St Annes, a decent place to begin could be family and friends, however you must remember that your situation might not be in line with theirs, and you may need a different type of advice. Any advice they provide should be adapted to your particular situation, and not every financial advisor is suitable for everybody. Choosing a financial advisor is a big decision and it pays to chat to at least three different companies in order to check out the options they offer, and to find one you can trust and feel at ease with.

Financial Advisor Lytham St Annes Lancashire (FY8)

Restricted advisors and independent financial advisors, are the 2 main types of financial advisor in Lytham St Annes. Offering a more extensive range of options, an IFA will not be limited to the services or products of just one provider. Covering the entire spectrum of financial companies and products, independent financial advice should be given in an unbiased and impartial way to clientele. If you elect to use an independent financial advisor, you will be able to pick from the broadest possible array of products, in order to find the right solution for you. A restricted financial advisor may be tied to products and services from a specific provider, or might even focus on a single product, as can be the case with a mortgage advisor.

The FCA demands that any financial advisor in Lytham St Annes must be transparent about their charges, before accepting you as a client. Although it can vary depending on the kind of product or service you are interested in, there could be a set fee, an hourly rate, or you may even be charged a proportion of the money you're investing. You will sometimes be offered a free preliminary consultation to enable you to discuss your goals and see if the advisor is a right fit for you and your circumstances. If you go to one of the bigger Lytham St Annes firms, your account could be managed by a team of advisors rather than a single person.

Financial Advisors Lytham St Annes UK (01253)

To describe your financial situation and objectives to the advising company, you'll have to fill in a "Fact Find" form, which is a confidential disclosure document. To provide information regarding the financial advisor, their situation for offering restricted or independent advice and their scope of permissions in the financial arena, you will also be given an Initial Disclosure, or Key Facts Document. Your legal rights should also be laid out in this document, together with your options if you need to make a complaint because you aren't happy with the service provided. It has to be written in plain English and describe what you are committing yourself to, and any possible benefits and risks that exist if you decide to accept the advice offered. The allowed cooling-off period should also be fully explained in this document. This allows you to have a change of heart within a certain time frame, and cancel your contract with the financial advisor.

You'll want to check what experience and qualifications the financial advisor has when you first speak to them. Asking such questions shouldn't cause you any embarrassment, because you're about to entrust them with your financial wellbeing. All financial advisors in Lytham St Annes must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. When you check the Financial Services Register, you don't need to stress if your advisor's name does not appear on there; you should be able to locate the company name, and this means that the regulations covers all of their staff. If these can't be presented the individual may still offer financial guidance as opposed to financial advice. In terms of finance guidance is somewhat different to advice and isn't regulated in the same way. Therefore there's no recourse for the client if mistakes are made.

Financial Advisor Quotes in Lytham St Annes Lancashire

You'll be asked the amount of risk you are prepared to take, if you are seeking advice on investments. Most investments carry some degree of risk, but higher risk investments may offer substantial rewards, and also more likelihood of losing your money. In order to get the most effective investment and financial advice, your savings objectives will need to be given careful consideration, i.e. short or long term investments, how much capital you want to invest and how quickly you need access to your money. "How much can you afford to lose?" Is the one important question that you really need to ask yourself. This could influence the products and services that you're offered, and is commonly called your 'capacity for loss'.

Financial Advice Near Lytham St Annes Lancashire

From the outset, it's imperative that you let your financial advisor know about any existing mortgage loans, regular payments, savings accounts or investments that you have. They'll need to know this, so that they can get a clear picture of your finances and give the best advice for your needs. Spreading the risk across a number of different products by diversifying your investments and savings, is something that smart financial advice should encompass. With a knowledge of the best areas to consider, a competent financial advisor will favour products that fit in with your financial situation and goals.

Communicating in in the simplest terms possible, your financial advisor will unveil the complex world of finance and investment. This will permit you to compare products and services that match your needs, and come to an informed decision. If you are environmentally minded, you can maybe ask your advisor to stick to ethical investment and savings schemes. This will allow you to lend support to enterprises and companies that match your concerns, e.g. green energy or zero carbon, or perhaps avoiding firms that don't meet your standards.

It could prove challenging to manage your work day and other obligations around a close working relationship with your financial advisor in Lytham St Annes. This can be alleviated by supplementing one-on-one meetings with video conferencing and telephone, therefore allowing you to seek the advice you need at times that are convenient. An established financial advice firm in Lytham St Annes will have stringent measures in force to ensure your details are kept secure and confidential, even if you rarely have a face-to-face meeting with your personal advisor, because remote and home working is no longer unusual.


Investments can just as easily go down as well as up, since the financial sector can be volatile. If it happens that your investment is not making the amount of money you hoped for, it can be an extremely worrying and frustrating time. A downward spiral in your investment is not seen as a grounds for complaint, unless your advisor has supplied you with misleading or incorrect information.

Independent Financial Advisor Near Lytham St Annes (FY8)

The company's complaints procedure should be the place to start with any grievances, and the Key Facts Document should clarify this. If the problem remains unsolved within the time period set by the regulating authority, and the advisor is registered with the FCA, you can contact the Financial Ombudsman.

After independently reviewing the cause for complaint, the Financial Ombudsman will come to a decision on the issue. A decision will be made on how to financially compensate the customer, if the complaint is upheld. This will become legally binding once it has been accepted by the client, and the financial advisor and their company must comply with the decision. The Financial Ombudsman will also take into consideration any hassle, distress, annoyance and inconvenience caused to the customer during the situation, and establish the level of compensation proportionately.

Book a Financial Advisor in Lytham St Annes UK

Financial advice can be provided in Lytham St Annes and also in: Kirkham, Hey Houses, Higher Ballam, Weeton, Fairhaven, Layton, Singleton, Warton, Great Marton, Little Marton, Staining, Marton Fold, Blackpool, Freckleton, Wrea Green, Ansdell, and in these postcodes FY8 1PW, FY8 1AF, FY8 1HW, FY8 1LU, FY8 1QL, FY8 1NU, FY8 1QR, FY8 1AQ, FY8 1DG, FY8 1BB. Locally based Lytham St Annes financial advisers will likely have the phone code 01253 and the postcode FY8. Checking this should ensure you're accessing locally based financial advisers. Lytham St Annes property owners are able to benefit from these and various other finance related services. Simply click the "enquiry" banner or form to get specifics of financial advisors in your location.

Lytham St Annes Financial Advice Services

Financial Advice Tasks Lytham St Annes

There are a wide range of services that can be provided by your local Lytham St Annes financial advisor including investment reviews, offshore investments, bereavement benefit advice, tax financial planning Lytham St Annes, mutual funds, life insurances, investment bonds, cash flow modelling, retirement planning Lytham St Annes, pension transfers, annuity purchases Lytham St Annes, life assurance, corporate bonds, will writing services Lytham St Annes, personal financial planning, pension reviews in Lytham St Annes, ethical investment advice Lytham St Annes, pension consolidation advice in Lytham St Annes, financial services, unit trusts Lytham St Annes, inheritance tax planning, mortgage advice, income protection advice Lytham St Annes, family income benefit in Lytham St Annes, cheap financial advice, general financial planning Lytham St Annes, long term care fee advice, independent financial advice, pensions in divorce, trusts Lytham St Annes, and more. Listed are just a selection of the duties that can be carried out by a financial advisor. Lytham St Annes professionals will be delighted to keep you abreast of their entire range of services.

The Skills and Knowledge Needed to be Financial Advisors

  • Effective business management skills for negotiating product prices.
  • The ability to promote services and products.
  • Excellent skills in verbal communication.
  • To have the ability to network and build relationships with customers.
  • Good customer service skills for determining client needs.
  • To have active interpersonal and listening skills.
  • To be target driven.
  • To pay attention to detail and be thorough.
  • A thorough knowledge of economics and accounting relating to financial products and markets.
  • To have excellent IT skills.
  • An excellent level of math knowledge for producing financial strategies.

Financial Advisors Near Lytham St Annes

Also find: Great Marton financial advisers, Ansdell financial advisers, Layton financial advisers, Weeton financial advisers, Wrea Green financial advisers, Blackpool financial advisers, Marton Fold financial advisers, Higher Ballam financial advisers, Singleton financial advisers, Freckleton financial advisers, Kirkham financial advisers, Staining financial advisers, Warton financial advisers, Fairhaven financial advisers, Little Marton financial advisers, Hey Houses financial advisors and more. All these locations are catered for by local financial advisers. Lytham St Annes residents can get financial advice estimates by going here.

Lytham St Annes Financial Advice Services

Find a Financial Advisor in Lytham St Annes Here
Financial Advice Enquiries in Lytham St Annes Lancashire (01253)
  • Lytham St Annes Life Insurance Advice
  • Lytham St Annes Investment Advice
  • Lytham St Annes Wealth Management
  • Lytham St Annes Estate Planning
  • Lytham St Annes Financial Advice
  • Lytham St Annes Cheap Financial Advice
  • Lytham St Annes Trustee Investments
  • Lytham St Annes Pension Advice
  • Lytham St Annes Cashflow Analysis
  • Lytham St Annes Retirement Advice
  • Lytham St Annes Inheritance Advice
  • Lytham St Annes Corporate Financial Advice
  • Lytham St Annes Mortgage Advice
  • Lytham St Annes Financial Advice Quotes

Financial Advisors Around Lytham St Annes: Financial advice has recently been provided in these Lytham St Annes areas and streets - Duncan Close, Collingwood Avenue, Station Square, Blackpool Road North, Thornton Avenue, Tudor Road, Beatty Close, Bredon Close, Ashton Street, Downham Place, All Saints Road, Alexandra Road, Tennyson Avenue, Cudworth Road, St Georges Avenue, Arnside Avenue, Calder Close, St Davids Road South, Burns Avenue, Copeland Place, The Glades, The Belfry, Dicconson Terrace, Spring Gardens, St Georges Lane, Singleton Avenue, Shaftesbury Close, Denmark Road, Birchwood Close, Beverley Road South, as well as these local Lytham St Annes postcodes: FY8 1PW, FY8 1AF, FY8 1HW, FY8 1LU, FY8 1QL, FY8 1NU, FY8 1QR, FY8 1AQ, FY8 1DG, FY8 1BB. Folks living in these local areas recently needed the help of a financial advisor. Lytham St Annes residents received trusted and dependable financial services in all cases.

Lytham St Annes Financial Advisor Jobs: Get financial adviser jobs in Lytham St Annes by going here: General Financial Advisor Jobs

To get local information about Lytham St Annes, Lancashire click here

Independent financial advisor in FY8 area, and dialling code 01253.

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(This financial advisor Lytham St Annes information was updated on 06-05-2022)