Financial Advisor Margate

Margate Independent Financial Advice & Investment

Financial Advisor Margate Kent (CT9): It can be a daunting experience trying to find a decent financial advisor advisor in Margate, especially if it's the very first time that you are seeking financial advice. Nevertheless, all financial advisors have one thing in common; they all have to stick to the regulations laid down by the Financial Conduct Authority (FCA), whether you are searching for mortgage, investment, pensions or even insurance guidance. Any advice given through a FCA registered financial advisor in Margate comes with certain guarantees that should anything go wrong, you can get in touch with the Financial Ombudsman or the Financial Services Compensation Scheme.

Free Margate Financial Advisor Quotes

When selecting a financial advisor in Margate, a decent place to start could be relatives and friends, however you must remember that your circumstances may not be in line with theirs, and you might need a different sort of advice. Every financial advisor isn't suitable for everyone, and their advice needs to be tailored to your unique circumstances. It pays to chat to at least 3 different companies when you're selecting a financial advisor, as this is a major decision, and you need to find one that you can trust and feel comfortable with, and also investigate the various options they offer.

Financial Advisor Margate Kent (CT9)

Independent financial advisors (IFA) and restricted advisors, are the 2 main kinds of financial advisor in Margate. An IFA won't be limited to just one provider's services and products. Independent financial advice must be given in an unbiased way and should cover the full spectrum of financial companies and products. If you elect to use an IFA, you will be able to select from the widest possible range of services, so as to find the right solution for you. If you use a restricted advisor you'll find that they might be restricted to products and services of a single firm, or as with a mortgage advisor, may only be concerned with one solitary product.

The FCA demands that any financial advisor must be transparent about their charges, before accepting you as a client. Although it varies dependant upon the type of product or service you're looking for, there could be a set fee, an hourly rate, or you may even be charged a proportion of the money you are investing. You might be offered the chance of a free preliminary consultation to enable you to discuss your goals and see if the advisor is the proper choice for your situation. If you go with one of the larger Margate firms, your account might be looked after by a team of advisors rather than just one individual.

Financial Advisors Margate UK (01843)

Before any actual financial advice is handed out you will be required to fill out a confidential disclosure form, known as a "Fact Find" document, which informs the advising firm about your aims and financial situation. An Initial Disclosure Document, or Key Facts Document will also be given to you, to provide details about the financial advisors themselves, explaining their scope of permissions in the financial sector and their situation for offering restricted or independent advice. This document should also make clear your legal rights and the options you can take if you're not satisfied with the service, and want to submit a complaint. It must be typed out in plain language and describe what you're committing yourself to, and any possible risks and benefits that exist should you choose to accept the advice offered. The cooling-off period should also be fully explained in this Key Facts Document. Within a specific time frame, this permits you to cancel your agreement with the financial advisor.

The very first time you are talking with your financial advisor ensure that you check what qualifications and experience they've got. After all you're on the verge of entrusting your financial wellbeing to their skill, so you should never be self-conscious about asking such questions. Every financial advisor in Margate must be able to present an annual Statement of Professional Standing, and must hold a minimum of a Level 4 qualification. You don't need to freak out if your advisor's name does not show up on the Financial Services Register, so long as the firm is on the register, their employees will be covered by the regulations. If they're unable to provide this proof, the individual cannot offer advice but only financial guidance. In terms of finance guidance is somewhat different to advice and isn't regulated. Therefore there isn't any recourse for the client if mistakes arise.

Financial Advisor Quotes in Margate Kent

You'll be asked about the amount of risk you're prepared to take, if you are seeking advice on investments. Many investments carry some element of risk, but higher risk investments could potentially offer higher rewards, but also more chance of losing some or all of your cash. The best financial and investment advice will take into account your savings objectives, i.e. short or long term investments, how much cash you want to invest and how rapidly you need to access your funds. "How much can you afford to lose?" Is the one question that you should really be asking yourself. Referred to as your 'capacity for loss', this will quite likely influence the services and products that you are offered.

Financial Advice Near Margate Kent

You must tell your financial advisor about any existing mortgages, regular outgoing payments, investments or savings. This will provide a full and clear picture of your financial circumstances, without which the advice given may not be the best for you. Diversifying your savings and investments by spreading the risk load across various different products, is a crucial part of sound financial advice. In order to mirror your goals and financial circumstances, a seasoned financial advisor in Margate will be aware of the best products to consider.

A financial advisor will lay bare the multifaceted world of finance, and communicate in the clearest possible way. This will enable you to compare products and services which match your needs, and come to an informed decision. You could ask your financial advisor only to specify ethical investments and savings. This allows you to give your support to businesses and companies which address your concerns, e.g. green energy or zero carbon, or perhaps steering clear of corporations that do not meet your criteria.

It could prove challenging to manage your work life and other commitments around a close working relationship with a financial advisor in Margate. This can be alleviated by supplementing one-on-one appointments with phone calls and video conferencing, therefore allowing you to seek the guidance you need at convenient times. Even if you rarely have a one-on-one meeting with your personal advisor, an established financial advice company in Margate will have rigorous measures in force to ensure your details are kept confidential and secure, because remote and home working is now commonplace.


Investments can be a volatile area, and their values can fall as well as rise. If your investment isn't making the amount of money you were hoping for, it can be incredibly stressful and disheartening. A downward trend in your investment is not seen as a cause for complaint, unless your financial advisor has supplied you with misleading or incorrect information.

Independent Financial Advisor Near Margate (CT9)

As detailed in the Key Facts Document, any complaints should start with the company's official complaints procedure. If the problem is unresolved within the time schedule laid down by the regulating authority, and your advisor is registered with the Financial Conduct Authority, you can inform the Financial Ombudsman.

After looking into the cause of the complaint, the Financial Ombudsman will make a ruling on the issue. A decision will be made on how to financially compensate the customer, if the complaint is justified. Once the decision has been accepted by the customer it becomes a legally binding decision that the financial advisor and their firm, must comply with. Any compensation fixed by the Ombudsman will also account for any hassle, distress, inconvenience and annoyance caused to the customer during the process.

Book a Financial Advisor in Margate UK

Financial advice can be provided in Margate and also in nearby places like: Northwood, Woodchurch, Broadstairs, Birchington, Cliftonville, Manston, Westgate-on-Sea, Reading Street, Northdown, Westwood, Haine, Garlinge, Kingsgate, St Lawrence, Monkton, St Peters, as well as in these postcodes CT9 1JL, CT9 1AR, CT9 1LN, CT9 1HW, CT9 1HX, CT9 1LZ, CT10 3JA, CT9 1EJ, CT10 2PR, CT9 1NQ. Locally based Margate financial advisers will likely have the phone code 01843 and the postcode CT9.

Margate Financial Advice Services

Financial Advice Tasks Margate

There is a variety of services which are provided by your local Margate financial advisor including cash flow modelling, investment planning in Margate, tax advice, stakeholder pensions in Margate, corporate bonds Margate, mutual funds, pension planning in Margate, offshore investments Margate, cashflow analysis, pension consolidation, mortgage financial planning in Margate, trustee investment services in Margate, trusts, cheap financial advice in Margate, long term care fee advice Margate, annuities, equity release advice, general financial planning in Margate, inheritance tax planning, wealth management & investments, pension drawdowns, annuity purchases, ethical investments, financial planning Margate, personal financial planning Margate, and more.

Necessary Skills for a Financial Advisor

  • An excellent knowledge and understanding of economics and accounting relating to financial markets and products.
  • An excellent level of mathematical knowledge for producing financial strategies.
  • To be able to network and build solid relationships with customers.
  • The ability to sell products and services.
  • To pay attention to detail and be thorough.
  • Excellent customer service skills for finding out client requirements and needs.
  • Good business management skills for the negotiation of product rates.
  • Good verbal communication skills.
  • To have a flexible approach to work.
  • To have the ability to listen attentively
  • To have excellent IT skills.

Financial Advisors Near Margate

Also find: Northdown financial advisors, Cliftonville financial advisors, Northwood financial advisors, St Lawrence financial advisors, St Peters financial advisors, Manston financial advisors, Westgate-on-Sea financial advisors, Westwood financial advisors, Birchington financial advisors, Haine financial advisors, Woodchurch financial advisors, Kingsgate financial advisors, Broadstairs financial advisors, Monkton financial advisors, Reading Street financial advisors, Garlinge financial advisors and more.

Margate Financial Advice Services

Find a Financial Advisor in Margate Here
Financial Advice Enquiries in Margate Kent (01843)
  • Margate Financial Advice
  • Margate Financial Services
  • Margate Financial Advice Quotations
  • Margate Inheritance Advice
  • Margate Pension Advice
  • Margate Estate Planning
  • Margate Corporate Financial Planning
  • Margate Tax Advice
  • Margate Mortgage Advice
  • Margate Trustee Investments
  • Margate Cashflow Analysis
  • Margate Life Insurance Advice
  • Margate Investment Advice
  • Margate Cheap Financial Advice

Financial Advisors Around Margate: Some Margate areas and streets where financial advice has recently been given - Audley Avenue, Biddenden Close, St Annes Gardens, Avenue Gardens, Albert Terrace, Bowes Avenue, Selborne Road, The Centre, Dane Valley Road, Thanet Road, David Avenue, Albion Road, Troughton Mews, Teynham Close, Broadley Road, Setterfield Road, Surrey Road, Cudham Gardens, Dane Hill Grove, Canterbury Road, Broomfield Crescent, Dent-de-lion Road, Second Avenue, Clive Road, Saltwood Gardens, Cowley Rise, Booth Place, as well as the following local Margate postcodes: CT9 1JL, CT9 1AR, CT9 1LN, CT9 1HW, CT9 1HX, CT9 1LZ, CT10 3JA, CT9 1EJ, CT10 2PR, CT9 1NQ.

Margate Financial Advisor Jobs: Find financial adviser jobs near Margate by going here: Margate Financial Advisor Jobs

Margate (CT9): Info on Margate can be seen here

Independent financial advisor in CT9 area, (dialling code 01843).

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