Financial Advisor Mansfield

Mansfield Independent Financial Advice & Investment

Financial Advisor Mansfield Nottinghamshire (NG18): Finding a reliable independent financial advisor in the Mansfield area can be an intimidating experience, especially if you're needing financial advice for the first time. Nevertheless, all financial advisors have one thing in common; they must all stick to the regulations set by the Financial Conduct Authority (FCA), whether you are after pensions, investment, mortgage or even insurance advice. This comes with various guarantees, therefore after taking advice from a FCA approved financial advisor in Mansfield, you can seek reparation from the Financial Services Compensation Scheme or the Financial Ombudsman Scheme, if anything goes wrong.

Free Mansfield Financial Advisor Quotes

Recommendations from friends and neighbours can be a good starting point in picking a financial advisor in Mansfield, but keep in mind that their needs may be different to the type of advice you are looking for. Financial advice needs to be specifically tailored to your unique circumstances, and you'll find that certain financial advisors might not be appropriate for your requirements. Choosing a financial advisor is an important decision and it is wise to speak with at least 3 different firms in order to investigate the options they offer, and to find one that you can trust and feel at ease with.

Financial Advisor Mansfield Nottinghamshire (NG18)

When it comes to picking a financial advisor in Mansfield, there are essentially two main types; independent financial advisors and restricted advisors. Offering a more diverse range of options, an IFA won't be restricted to a single provider's products or services. Independent financial advice should be offered in an impartial and unbiased way and across the whole gamut of financial products and companies. If you decide to use an IFA, you will be able to select from the widest possible array of products, so as to find the ideal solution for you. A restricted advisor may be involved with a single product, such as a mortgage advisor, or be restricted to products and services from a single firm.

The Financial Conduct Authority demands that any Mansfield financial advisor must tell you about their charges, before taking you on as a client. Contingent on the type of product you're looking for, you could be charged by the hour, a set fee or possibly even a specific percentage of your investment. A free initial consultation will sometimes be offered, so you can discuss your goals and situation to see if the advisor is the right choice. If you use one of the larger Mansfield companies, your account might be managed by a team of advisors rather than a single individual.

Financial Advisors Mansfield UK (01623)

To outline your desired goals and financial situation to the advising firm, you will have to complete a "Fact Find" document, which is a confidential disclosure form. You should also be handed a Key Facts or Initial Disclosure Document, which provides information on the financial advisor, their situation for offering independent or restricted advice and their scope of permissions in the financial arena. Your own legal rights should also be set out in this document, along with the options you can take if you wish to make a complaint because you're not satisfied with the service provided. It should describe what you're signing up for, and any potential risks and benefits if you decide to accept the offered advice, and it should be laid out in plain English. You can find the level of cooling-off period in the Key Facts Document. This allows you to cancel the agreement within a specific number of days, and if any penalties have to be paid.

You need to check the qualifications and experience of your financial advisor the first time you speak to them. You should not be embarrassed about asking these questions, after all you are on the verge of entrusting your long-term financial wellbeing to their expertise. All Mansfield financial advisors must as a minimum hold a Level 4 qualification and be in a position to present an annual Statement of Professional Standing. You don't need to freak out if your specific advisor's name doesn't appear on the Financial Services Register, providing the firm is listed on the register, their staff are covered by the regulations. If these can't be provided the individual may still offer financial guidance instead of financial advice. Guidance isn't regulated in the same way as financial advice, which means that if mistakes occur the client won't have any recourse.

Financial Advisor Quotes in Mansfield Nottinghamshire

If you are looking for advice on investing money you'll be asked the level of risk you are willing to take on. Larger rewards could be possible with high risk investments, however you stand a greater chance of losing all or some of your funds. Good investment and financial advice will take into account your savings goals, i.e. long or short term investments, how much money you want to invest and how rapidly you need to access your money. One question you should ask yourself, which is frequently neglected, is just how much money you can actually afford to lose. Generally referred to as your 'capacity for loss', this will quite likely have an effect on products and services that you are offered.

Financial Advice Near Mansfield Nottinghamshire

You need to let your financial advisor know about your existing regular outgoings, mortgages, investments or personal savings. This gives a full and clear picture of your financial situation, and without this the advice given might not be the best for you. Good quality financial advice should allow for diversifying your investments and savings by spreading the risk across different products. With a knowledge of the best areas to consider, a qualified financial advisor will favour products that fit in with your goals and financial circumstances.

Communicating in the clearest way possible, your financial advisor will lay bare the complex world of investment and finance. After learning about the services and products which meet your needs, you should be in a position to make an informed and deliberative decision. You can maybe ask your advisor only to choose ethical investment and savings schemes. This does not just give you investment possibilities, but also allows you to lend your support to renewable energy or zero carbon projects, and stay clear of businesses that don't share the same values as you do.

It can prove tricky to manage work and other responsibilities around working closely with a financial advisor in Mansfield. Face-to-face meetings can be backed up with telephone calls and video conferencing to allow you to get advice at a time to suit you. Even if you never have a one-on-one meeting with your personal advisor, a competent financial advice firm in Mansfield will have stringent measures in place to keep your details confidential and secure, because working from home and remote working is now so common.


Investments can just as easily go down as well as up, as the financial world can be a volatile one. It can be very stressful and demoralising if your investment fails to make the amount of money you hoped for. A downward spiraling of your investment is not a recognised grounds for complaint, unless your advisor has given you misleading or incorrect information.

Independent Financial Advisor Near Mansfield (NG18)

The company's official complaints procedure should be the starting position for any disputes, and the Key Facts Document will discuss this. If your financial advisor is registered with the Financial Conduct Authority, you can let the Financial Ombudsman know about the matter if it remains unresolved within the time period set by the regulating body.

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 rectify or financially compensate the customer, if the complaint is justified. This becomes legally binding once it has been agreed on by the customer, and the financial advisor and their company must abide by the ruling. Any inconvenience, annoyance, distress and hassle caused to the customer during the dispute, will be taken into account when the Financial Ombudsman sets the level of compensation.

Book a Financial Advisor in Mansfield UK

Financial advice can be provided in Mansfield and also in: Skegby, Shirebrook, Ravenshead, Clipstone, Pleasley, Mansfield Woodhouse, Sutton-in-Ashfield, Berry Hill, Rainworth, Tevesal, Blidworth, Stanton Hill, Forest Town, Warsop Vale, together with these postcodes NG18 1NL, NG18 1EF, NG18 1HR, NG18 1RR, NG18 1PL, NG18 1LL, NG18 1JT, NG18 2AR, NG18 1JY, NG18 1HD. Local Mansfield financial advisors will probably have the dialling code 01623 and the postcode NG18.

Financial Advice Enquiries Nottinghamshire

Nottinghamshire Financial Advice Enquiries

Recent Nottinghamshire financial advice enquiries: Ffion Longhurst and Leonard Longhurst from Kinoulton, Nottinghamshire recently asked for information on life assurance. Nana Rowlinson and Wiktoria Rowlinson from Bleasby recently enquired about investment bonds. Mr and Mrs Dufour from Ollerton, Nottinghamshire recently asked for information on life assurance. Arielle Sweeney from Edwinstowe recently enquired about pension advice. Fatimah and Freddy Mullins from Blidworth recently enquired about investment bonds. Elia and Leonidas Neale from East Markham recently enquired about getting financial advice. Mr and Mrs Warden from Trowell recently enquired about life assurance. Dominik Mustafa and Alicja Mustafa from Calverton, Nottinghamshire recently asked for information on investment bonds.

Mansfield Financial Advice Services

Financial Advice Tasks Mansfield

There is a range of services that are provided by your local Mansfield financial advisor including independent financial advice, trustee investment services, corporate financial planning, pension planning, family income benefit, financial advice services, annuities, trusts, cash flow modelling, life insurance advice, income protection advice Mansfield, financial planning, life assurance advice, cashflow analysis, financial analyst services, investment advice, cheap financial advice in Mansfield, ethical investment advice, inheritance tax planning, will writing services in Mansfield, ISA's Mansfield, bridging finance in Mansfield, portfolio management, offshore investments, personal financial planning, and lots more.

A Financial Advisor's Day to Day Duties

  • A financial advisor meets sales and performance targets.
  • A financial advisor keeps abreast of new products and law changes.
  • A financial advisor makes advantageous deals with with financial product providers.
  • A financial advisor works in collaboration with associates to collect market information, statistics and trends.
  • A financial advisor provides consultation, counselling and education regarding finances and investments.
  • A financial advisor produces in-depth financial reports.
  • A financial advisor researches financial products and explains them simply and clearly to customers.
  • A financial advisor keeps detailed records of clients and transactions.
  • A financial advisor talks with clients regarding their finances and plans.
  • A financial advisor constantly updates customers concerning their investments.

Skills Required by Financial Advisors

  • To have the ability to listen attentively
  • Excellent customer service skills for establishing client requirements and needs.
  • To have good time management skills.
  • An excellent knowledge and understanding of economics and accounting with regard to financial markets and products.
  • To be able to network and establish relationships with customers.
  • A good level of mathematical knowledge for creating financial strategies.
  • Effective business management skills for negotiating product prices.
  • To be thorough and pay attention to detail.
  • The ability to promote products and services.
  • To have good IT skills.
  • Excellent skills in verbal communication.

Financial Advisors Near Mansfield

Also find: Pleasley financial advisors, Rainworth financial advisors, Forest Town financial advisors, Tevesal financial advisors, Sutton-in-Ashfield financial advisors, Ravenshead financial advisors, Mansfield Woodhouse financial advisors, Clipstone financial advisors, Skegby financial advisors, Stanton Hill financial advisors, Blidworth financial advisors, Berry Hill financial advisors, Shirebrook financial advisors, Warsop Vale financial advisors and more.

Mansfield Financial Advice Services

Find a Financial Advisor in Mansfield Here
Financial Advice Enquiries in Mansfield Nottinghamshire (01623)
  • Mansfield Inheritance Advice
  • Mansfield Estate Planning
  • Mansfield Tax Advice
  • Mansfield Financial Advice Quotes
  • Mansfield Trustee Investments
  • Mansfield Retirement Advice
  • Mansfield Cashflow Analysis
  • Mansfield Cheap Financial Advice
  • Mansfield Investment Advice
  • Mansfield Life Insurance Advice
  • Mansfield Financial Services
  • Mansfield Wealth Management
  • Mansfield Corporate Financial Planning
  • Mansfield Mortgage Advice

Financial Advisors Around Mansfield: Some Mansfield areas where financial advice has recently been given - The Rocks, Dronley Drive, The Fairways, Crow Hill Court, Coppice Road, Ashworth Drive, Cherry Grove, Townroe Drive, Sapphire Close, Castle Street, Clipstone Avenue, Bathurst Terrace, Clun Court, The Spinney, Botany Avenue, Diamond Avenue, Clipstone Road East, Cornwall Avenue, Abbott Lea, Station Road, Creswell Road, Albion Street, Beech Hill Drive, Alcock Avenue, St Leonards Way, Dunbar Drive, Bank Close, Berry Hill Gardens, St Catherine Street, Scotswood Road, as well as these Mansfield area postcodes: NG18 1NL, NG18 1EF, NG18 1HR, NG18 1RR, NG18 1PL, NG18 1LL, NG18 1JT, NG18 2AR, NG18 1JY, NG18 1HD.

To read local Mansfield info go here

Independent financial advisor in NG18 area, 01623.

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