Financial Advisor Newry

Newry Independent Financial Advice & Investment

Financial Advisor Newry Northern Ireland (BT34): It can be a challenging experience trying to find a first-rate independent financial advisor in the Newry area, particularly if it's the very first time that you're seeking financial advice. Nevertheless, all financial advisors are bound by one common rule; they all have to observe the regulations laid down by the Financial Conduct Authority (FCA), regardless of whether you are searching for pensions, investments, mortgage or even insurance advice. The benefit of this is that if a financial advisor who is FCA approved gives you bad advice, and things go wrong, you've got guarantees, and are able to go to the Financial Ombudsman Scheme or the Financial Services Compensation Scheme to have it put right.

Free Newry Financial Advisor Quotes

A good starting point when picking a financial advisor in Newry could be relatives and friends, but bear in mind that the kind of advice you're looking for may be somewhat different to theirs. Their advice needs to be personalised to your particular circumstances, and not every financial advisor is suitable for everybody. To check out the options that they can provide and find a financial advisor that you can trust and feel comfortable with, it is a good idea to talk with at least three different firms, because after all picking a financial advisor is an important decision.

Financial Advisor Newry Northern Ireland (BT34)

Independent financial advisors and restricted advisors, are the two main types of financial advisor in Newry. An independent financial advisor will not be limited to a single company's products or services. Encompassing the whole spectrum of financial products and companies, independent financial advice should be offered in an unbiased and impartial way to customers. Using an independent financial advisor should enable you to choose between the broadest possible range of products. If you use a restricted financial advisor you will find that they might be restricted to services and products of a particular firm, or as with a mortgage advisor, will only be focused on one product.

Before accepting you as a client, any Newry financial advisor must discuss their charges with you, as demanded by the FCA. According to the type of service you are looking for, you could be charged a set fee, by the hour or perhaps even a proportion of your investment value. You will sometimes be offered a free preliminary consultation to allow you to discuss your objectives and find out if the advisor is the proper choice for your situation. If you go to one of the bigger Newry firms, your account may be managed by a team of advisors rather than a single individual.

Financial Advisors Newry UK (028)

You'll be asked to fill in a "Fact Find" form, which is a confidential disclosure document relating your aims and financial situation to the advising firm. A Key Facts or Initial Disclosure Document will also be given to you, to provide information about the financial advisors themselves, outlining their range of permissions in the financial arena and their status to offer restricted or independent advice. Your legal rights will also be set out in this document, together with your options if you need to complain because you are not happy with the service you're given. It has to be typed out in plain English and outline what you are committing yourself to, and any potential benefits and risks if you elect to go along with the advice offered. The allowed cooling-off period should also be explained in this Key Facts Document. Within a specific number of days, this allows you to cancel the contract with your financial advisor.

When speaking to the financial advisor for the first time make sure you check their qualifications and experience. Don't be self-conscious about asking such questions, after all you are about to entrust your long-term financial wellbeing to their skill. A Level 4 qualification in financial advice is the minimum required qualification for any financial advisor in Newry, and they also have to be able to show an annual Statement of Professional Standing. When you check the Financial Services Register, you don't need to panic if your advisor's name does not show up on there; you should be able to locate the company name, and this means that the regulations covers all of their personnel. The individual may still offer financial guidance as opposed to advice, if these can't be provided. Guidance is different to advice as it's not regulated, and if financial errors are made there will likely be no recourse to either party.

Financial Advisor Quotes in Newry Northern Ireland

If you are seeking advice on investments you'll be asked about the level of risk you are willing and able to take on. Larger rewards might be possible with high risk investments, but you may also lose some or all of your capital. Your savings aims should be considered if decent investment and financial advice is to be given, i.e. how much you have to invest, how rapidly you need to access your funds and long or short term investments. You must invariably ask yourself the one important question, how much money can you truly afford to lose. Generally known as your 'capacity for loss', this will very likely influence the services and products that you are offered.

Financial Advice Near Newry Northern Ireland

From the outset, it's important to let your financial advisor know about any regular outgoings, mortgage loans, investments or savings accounts that you currently have. They will need to know this, so they can get a picture of your financial situation and give the appropriate advice for you. Smart financial advice should include diversifying your investments and savings by spreading the risk across different products. So as to reflect your financial circumstances and your goals, an experienced financial advisor in Newry will understand the best areas to consider.

Your financial advisor will try to communicate in the clearest possible way, while unmasking the complex world of finance. After comparing the various services and products which meet your needs, you should be able to come to an informed and educated decision. You can even ask your advisor to only choose ethical investments and savings. You will then be able to avoid businesses that investments meet your requirements, and instead support those enterprises and companies that address your concerns, for example zero carbon or green energy.

It is not that easy to have a close working relationship with a financial advisor in Newry without this affecting your work and other commitments. One-on-one meetings can be supplemented with video conferencing and phone calls to enable you to get advice at times that suit you. Working from home and remote working is now commonplace, and a competent financial advice company in Newry will have strict measures in force to keep your details confidential and secure, even if you hardly ever have a one-to-one meeting with your personal advisor.


Investments can be an unpredictable area, and their values can go down as easily as they go up. If your investment isn't making the amount of money you were hoping for, it can be very frustrating and stressful. However, unless it's owing to misleading or incorrect information from your financial advisor, a downward trend in your investment isn't seen as a cause for complaint.

Independent Financial Advisor Near Newry (BT34)

As outlined in the Key Facts Document, any grievances should start with the company's complaints procedure. You can let the Financial Ombudsman know about the situation if it remains unresolved within the timeframe stipulated by the regulating body, and your financial advisor is registered with the Financial Conduct Authority.

The Financial Ombudsman will come to a decision after reviewing the cause for complaint independently. A decision will be made on how to rectify the situation or financially compensate the customer, if the complaint is upheld. Once the ruling is agreed on by the customer it becomes a legally binding decision which the financial advisor and their company, must abide by. Any distress, trouble, inconvenience and upset caused to the customer during the dispute, will be accounted for when the Financial Ombudsman establishes the level of compensation.

Book a Financial Advisor in Newry UK

Financial advice can be provided in Newry and also in: Mountnorris, Keady, Poyntzpass, Hilltown, Ballynaskeagh, Bessbrook, Mayobridge, Rathfrinland, Cabra, Banbridge, Camlough, Tassagh, Markethill, Kilcoo, Warrenpoint, Glenanne, Scarva, as well as in these postcodes BT34 1AG, BT34 1JR, BT34 2BQ, BT34 1HR, BT34 1BX, BT34 1HL, BT34 1SG, BT34 1TU, BT34 2BL, BT34 1HE. Local Newry financial advisors will probably have the postcode BT34 and the telephone dialling code 028. Checking this out can guarantee you're accessing locally based financial advisers. Newry property owners can benefit from these and lots of other comparable services.

Necessary Skills for a Financial Advisor

  • Good business management skills for negotiating product fees.
  • Effective customer service skills for establishing client requirements.
  • To have excellent IT skills.
  • To be thorough and pay attention to detail.
  • An excellent level of maths knowledge for developing financial plans.
  • Active listening skills.
  • To be able to network and build relationships with customers.
  • A thorough understanding of economics and accounting relating to financial markets and products.
  • To have a target driven mentality.
  • To be good at selling services and products.
  • Outstanding verbal communication skills.

Newry Financial Advice Services

Financial Advice Tasks Newry

There is a variety of services that can be provided by your local Newry financial advisor including personal financial planning in Newry, cheap financial advice, investment consolidation Newry, pension plans in Newry, offshore investment advice Newry, savings advice, divorce planning, multi-asset portfolios Newry, wealth management, income protection advice, annuity purchase, pension planning in Newry, tax advice, unit trusts, annuities, personal pensions Newry, life assurance advice, business protection in Newry, long term care fee advice Newry, mutual funds, familt controlled trusts, stakeholder pension advice, pensions in divorce, pension reviews Newry, financial advice services, will writing services, money planning, investment reviews, pension drawdowns, trusts, and lots more. Listed are just a small portion of the activities that can be performed by a financial advisor. Newry professionals will tell you about their full range of services.

Financial Advisors Northern Ireland

028 Investment Advisers BT34 Northern Ireland Financial Advice Newry Advice Financial Financial Advisor Services Advisors Advisor

In Northern Ireland you can additionally find: Sion Mills financial advisors, Cullybackey investment advice, Greenisland investment advisors, Maghaberry financial advisors, Ballykelly financial advisors, Ballygowan financial advisors, Comber financial advice, Kilkeel investment advisors, Omagh independent financial advisors, Cookstown financial advisers, Castlederg independent financial advisors, Carryduff pension advice, Portrush financial advice, Ballykelly financial advice, Ballygowan pension advice, Portavogie financial advisors, Gilford financial advisors, Tandragee financial advisors, Dungannon investment advice, Donaghcloney independent financial advisors, Rathfriland independent financial advisors, Armagh investment advisors, Ballygowan investment advisors, Strathfoyle financial advisor, Markethill pension advice, Maghera financial advisors, Dungannon financial advisors, Dromore independent financial advisors, Portstewart independent financial advisors.

Northern Ireland Financial Advice Enquiries

Northern Ireland Financial Advice Enquiries

Recent Northern Ireland financial advice enquiries: Mr and Mrs Summers in Enniskillen recently asked about investment bonds. Lula Laird from Ballycastle, Northern Ireland asked the question "are there any decent financial advisors near me?". Ellie-Mae and Phillip Gilbert in Dundonald, Northern Ireland recently asked for information on pensions. Marley Kendrick in Ballywalter, Northern Ireland recently asked for information on pensions. Luisa Brett in Ballycastle, Northern Ireland recently enquired about family income benefit. Saul Shipley from Burren recently asked about investment bonds. Harper Stephens from Castlederg recently asked for information on family income benefit. Craig and Milly Weston in Antrim recently asked for information on offshore investments. All of these local residents searched for "financial advisor Northern Ireland" and located this page on Yahoo, Bing or Google.


Financial Advisors Near Newry

Also find: Markethill financial advisors, Glenanne financial advisors, Bessbrook financial advisors, Cabra financial advisors, Ballynaskeagh financial advisors, Warrenpoint financial advisors, Banbridge financial advisors, Kilcoo financial advisors, Keady financial advisors, Mayobridge financial advisors, Camlough financial advisors, Poyntzpass financial advisors, Hilltown financial advisors, Tassagh financial advisors, Scarva financial advisors, Rathfrinland financial advisors, Mountnorris financial advisors and more. Most of these locations are serviced by local financial advisers. Newry residents can get price quotes by going here.

Newry Financial Advice Services

Find a Financial Advisor in Newry Here
Financial Advice Enquiries in Newry Northern Ireland (028)
  • Newry Pension Advice
  • Newry Estate Planning
  • Newry Life Insurance Advice
  • Newry Retirement Planning
  • Newry Trustee Investments
  • Newry Financial Advice Quotes
  • Newry Inheritance Advice
  • Newry Cheap Financial Advice
  • Newry Tax Advice
  • Newry Mortgage Advice
  • Newry Cashflow Analysis
  • Newry Independent Financial Advice
  • Newry Wealth Management
  • Newry Corporate Financial Advice

More Newry Services: Obviously, when you are looking at your finances in Newry, Northern Ireland, you'll probably be in need of all types of different services and along with a financial advisor in Newry, Northern Ireland, you may also need mortgage brokers in Newry, property law & conveyancing in Newry, tax preparation in Newry, accounting in Newry, debt recovery & collection in Newry, payroll services in Newry, banruptcy lawyers in Newry, wills in Newry, solicitors in Newry, estate planning in Newry, business financial planning in Newry, contracts lawyers in Newry, business consulting in Newry, investment advisors in Newry, mortgage advice in Newry, family lawyers in Newry, bookkeepers in Newry, and other different Newry experts.

Financial Advisors Around Newry: Financial advisors were recently required by people living in Chequer Hill, Dora Avenue, Low Road, Spring Martin, Craigmore Road, Mass Rock Lane, Canal Street, Michael Mallin Park, Basin Walk, Martins Lane, Hospital Road, Green Road, Drumcashel Villas, Carrogs Lane, Parkhead Crescent, Aghnamoira Road, River Street, Cargabane Road, Mullaghglass Road, Savages Terrace, Glenvale Road, Downshire Road, Chestnut Grove, Loughview Park, Springfarm Heights, Carnegat Cottages, Ashgrove Avenue, Camlinn Close, Sandy Road, Springhill Drive and these Newry postcodes: BT34 1AG, BT34 1JR, BT34 2BQ, BT34 1HR, BT34 1BX, BT34 1HL, BT34 1SG, BT34 1TU, BT34 2BL, BT34 1HE. People in these local areas recently requested help from a financial advisor. Newry residents enjoyed the benefits of trusted and dependable financial services in every case.

If you're interested in local Newry info go here

Independent financial advisor in BT34 area, 028.

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(This financial advisor Newry article was checked and updated on 01-09-2022)