Financial Advisor Newton Abbot

Newton Abbot Independent Financial Advice & Investment

Financial Advisor Newton Abbot Devon (TQ12): If you're in search of financial advice for the very first time, trying to locate a reliable independent financial advisor in the Newton Abbot area can be a daunting experience. Whether it's investment, pension, mortgage or even insurance advice that you're searching for, there is one common rule for all financial advisors; they all have to abide by Financial Conduct Authority regulations. Any advice given through a FCA registered financial advisor in Newton Abbot comes with the guarantee that if anything should go wrong, you can get in touch with the Financial Ombudsman or the Financial Services Compensation Scheme.

Free Newton Abbot Financial Advisor Quotes

When picking a financial advisor in Newton Abbot, a good place to begin could be relatives and friends, but you must keep in mind that your situation might not be in line with theirs, and you may need a different kind of advice. Financial advice must be individually tailored to your unique circumstances, and you'll find that certain financial advisors might not be appropriate for your requirements. Selecting a financial advisor is a big decision and it pays to talk with at least three different firms so as to explore the various options they can offer, and to find one that you feel comfortable with and can trust.

Financial Advisor Newton Abbot Devon (TQ12)

When it comes to picking a financial advisor in Newton Abbot, there are 2 principal types; restricted advisors and independent financial advisors (IFA). Offering a wider range of options, an independent financial advisor won't be limited to the products and services of a single provider. Covering the full gamut of financial products and companies, independent financial advice should be given in an unbiased and impartial way to clientele. This will enable you to choose from the broadest range of services to suit your needs. A restricted advisor may be limited to products and services from a specific firm, or might even concentrate on a single product, as can happen with a mortgage advisor.

Before accepting you as a client, any financial advisor must be transparent about their charges, as required by the Financial Conduct Authority. Dependant upon the type of service you are looking for, you could be charged by the hour, a set fee or even a specific percentage of your investment value. A free first consultation may be offered, so that you can discuss your aims and situation to find out if the advisor is a good fit. If you use one of the bigger Newton Abbot firms, your account could be looked after by a team of advisors rather than a single individual.

Financial Advisors Newton Abbot UK (01626)

To summarise your ambitions and financial situation to the advising firm, you will be asked to fill in a "Fact Find" form, which is a confidential disclosure document. You will also be handed a Key Facts or Initial Disclosure Document, which provides information on the financial advisor, their situation for offering restricted or independent advice and the extent of their permissions in the financial market. If you're not satisfied with the service provided, and wish to make a complaint, this document will also set down your rights and the possible options you can take. It has to be written in plain English and describe what you are committing yourself to, and any possible benefits and risks should you opt to accept the offered advice. The cooling-off period should also be explained in this document. This permits you to cancel the contract within a specific time period, and whenever any penalty charges have to be paid.

When talking with the financial advisor the very first time ensure that you check their qualifications and experience. Do not be embarrassed about asking such questions, after all you're just about to entrust your long-term financial wellbeing to their expertise. All Newton Abbot financial advisors must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. If the advisor's name doesn't appear on the Financial Services Register, don't panic, the firm the advisor works for will almost certainly be on the register and their advisors will be covered by the regulations. If they're not able to supply these accreditations, the person can't offer advice but only financial guidance. Guidance differs to advice as it isn't regulated, and if financial blunders occur there may be no recourse to the client.

Financial Advisor Quotes in Newton Abbot Devon

If you are needing advice on investments you'll be asked the level of risk you are ready to take on. Most investments carry some degree of risk, but higher risk investments may offer better rewards, and also more likelihood of losing your funds. Your savings goals must be taken into account if decent investment and financial advice is to be given, i.e. how rapidly you need to access your funds, how much you have to invest and short or long term investments. "How much can you afford to lose?" Is the one crucial question that you should really be asking yourself. Known as your capacity for loss, this will quite likely influence the products and services that you're offered.

Financial Advice Near Newton Abbot Devon

You will have to tell your financial advisor about any current investments, savings accounts, mortgages or regular outgoing payments. They will need these details, so that they can get a clear picture of your financial situation and give the correct advice for you. Spreading the risk load across various different products through the diversification of your investments and savings, is something that sound financial advice should embrace. Having an understanding of the best areas to consider, a certified financial advisor will favour products that match your goals and financial circumstances.

A financial advisor will lay bare the complex world of finance, and try to converse in the clearest possible way. This will allow you to compare products and services that match your needs, and make an informed decision. If you're environmentally minded, you could maybe ask your financial advisor to stick to ethical investment and savings schemes. This will allow you to give your support to enterprises and firms which match your concerns, i.e. zero carbon or green energy, or perhaps keeping away from companies that do not meet your standards.

It can prove difficult to manage your work and other commitments around working closely with a financial advisor in Newton Abbot. This can be alleviated by augmenting one-on-one meetings with video conferencing and telephone, hence allowing you to seek the guidance you need at a convenient time. Home and remote working is now commonplace, and an experienced financial advice firm in Newton Abbot will have stringent measures in place to ensure your details are kept confidential and secure, even if you rarely have a one-on-one meeting with your personal advisor.


Investments can easily go down as well as up, because the financial sector can be a volatile one. If your investment is not making as much money as you were hoping for, it can be extremely worrying and demoralising. However, unless it's down to misleading or incorrect information from your advisor your investment having a downward trend is not seen as a grounds for complaint.

Independent Financial Advisor Near Newton Abbot (TQ12)

The company's official complaints procedure should be the starting point for any grievances, and the Key Facts Document will discuss this. You can inform the Financial Ombudsman of the problem if it is unresolved within the time period laid down by the regulating authority, and your financial advisor is registered with the Financial Conduct Authority.

After reviewing the cause of the complaint, the Financial Ombudsman will come to a decision on the issue. If the complaint is found to be justified, a decision is made on how to rectify the situation or financially compensate the client. This will become a legally binding decision once it has been agreed on by the client, and the financial advisor and their company must abide by the ruling. Any compensation as set out by the Financial Ombudsman will also account for any inconvenience, trouble, upset and distress caused to the client during the situation.

Book a Financial Advisor in Newton Abbot UK

Financial advice can be provided in Newton Abbot and also in nearby places like: Penn Inn, Highweek, Abbotskerswell, Netherton, Wolborough, Ogwell, Two Mile Oak, East Ogwell, West Ogwell, Combeinteignhead, Wilborough, Kingsteignton, Milber, North Wilborough, and in these postcodes TQ12 1ER, TQ12 1EE, TQ12 1LQ, TQ12 1PG, TQ12 1EU, TQ12 1GA, TQ12 1DT, TQ12 1AY, TQ12 1PE, TQ12 1AP. Locally based Newton Abbot financial advisers will probably have the phone code 01626 and the postcode TQ12. Checking this out should make certain that you access local financial advisers. Newton Abbot homeowners can utilise these and numerous other comparable services.

Day to Day Duties for a Financial Advisor

  • A financial advisor keeps abreast of new financial products and law changes.
  • A financial advisor maintains a record of clients and transactions.
  • A financial advisor produces in-depth financial reports.
  • A financial advisor recommends the best-suited financial products to customers.
  • A financial advisor meets targets for sales and performance.
  • A financial advisor chats with clients regarding their finances and plans.
  • A financial advisor updates customers concerning their investments.
  • A financial advisor works together with colleagues to gather statistics, market information and trends.
  • A financial advisor makes deals with with financial product providers.
  • A financial advisor provides consultation, education and counselling with regards to finances and investments.

Newton Abbot Financial Advice Services

Financial Advice Tasks Newton Abbot

There is a variety of services which can be provided by your local Newton Abbot financial advisor including business financial planning, investment advice, corporate bonds, family income benefit Newton Abbot, wealth management & investments in Newton Abbot, divorce planning in Newton Abbot, retirement planning in Newton Abbot, cashflow analysis Newton Abbot, cheap financial advice Newton Abbot, savings advice, stakeholder pensions, will writing services, cash flow modelling Newton Abbot, annuity purchase, pension consolidation advice Newton Abbot, personal protection, corporate financial planning Newton Abbot, financial planning, ISA's, investment bonds, general financial planning, tax planning, inheritance tax planning, mutual funds, pension reviews, investment consolidation advice, annuities, ethical investment advice, life assurance advice, pension drawdowns, and more. These are just a selection of the activities that can be performed by a financial advisor. Newton Abbot professionals will be happy to tell you about their entire range of services.

Skills Needed by a Financial Advisor

  • To be thorough and pay attention to detail.
  • Excellent skills in verbal communication.
  • An outstanding understanding and knowledge of accounting and economics relating to financial markets and products.
  • Active interpersonal and listening skills.
  • Good customer service skills for identifying customer needs.
  • A good level of math knowledge for producing financial packages.
  • Good management skills for negotiating product prices.
  • To have a target driven attitude.
  • The ability to sell products and services.
  • To be able to network and establish solid relationships with customers.
  • To be able to competently use a computer and the primary software packages.

Financial Advisors Near Newton Abbot

Also find: Wilborough financial advisers, Netherton financial advisers, Combeinteignhead financial advisers, Milber financial advisers, East Ogwell financial advisers, Highweek financial advisers, Kingsteignton financial advisers, Penn Inn financial advisers, Two Mile Oak financial advisers, Wolborough financial advisers, North Wilborough financial advisers, Abbotskerswell financial advisers, West Ogwell financial advisers, Ogwell financial advisors and more. The majority of these places are catered for by local financial advisers. Newton Abbot residents can get financial advice quotes by clicking here.

Newton Abbot Financial Advice Services

Find a Financial Advisor in Newton Abbot Here
Financial Advice Enquiries in Newton Abbot Devon (01626)
  • Newton Abbot Tax Advice
  • Newton Abbot Financial Advice Quotations
  • Newton Abbot Financial Services
  • Newton Abbot Pension Advice
  • Newton Abbot Retirement Planning
  • Newton Abbot Cashflow Analysis
  • Newton Abbot Estate Planning
  • Newton Abbot Cheap Financial Advice
  • Newton Abbot Trustee Investments
  • Newton Abbot Mortgage Advice
  • Newton Abbot Investment Advice
  • Newton Abbot Corporate Financial Planning
  • Newton Abbot Financial Advice
  • Newton Abbot Inheritance Advice

More Newton Abbot Services: Of course, whenever you are looking at your finances in Newton Abbot, Devon, you will likely need all types of different services and along with a financial advisor in Newton Abbot, Devon, you might also need accounting in Newton Abbot, solicitors in Newton Abbot, family lawyers in Newton Abbot, investment advisors in Newton Abbot, business consulting in Newton Abbot, property law & conveyancing in Newton Abbot, tax preparation in Newton Abbot, contracts lawyers in Newton Abbot, mortgage advice in Newton Abbot, mortgage brokers in Newton Abbot, wills & probate in Newton Abbot, estate planning in Newton Abbot, payroll services in Newton Abbot, banruptcy lawyers in Newton Abbot, bookkeeping in Newton Abbot, business financial planning in Newton Abbot, debt recovery & collection in Newton Abbot, and other different Newton Abbot experts.

Financial Advisors Around Newton Abbot: Some Newton Abbot areas and roads where financial advice has recently been given - Chercombe Valley Road, Littlejoy Road, Hunterswell Road, Courtenay Park Road, Oakland Road, St Johns Street, Lower Budleigh Meadow, Bradley Road, Union Street, Broadlands Avenue, Laureston Road, Courtenay Gardens, Howton Lane, Western Road, Waltham Road, Station Road, Burnley Close, Middle Budleigh Meadow, Carew Gardens, Laburnum Road, Meadowside, Laurie Avenue, Coombeshead Road, West Golds Way, Courtenay Road, Powderham Road, Hill Road, Randolph Court, Belvedere Road, as well as these Newton Abbot area postcodes: TQ12 1ER, TQ12 1EE, TQ12 1LQ, TQ12 1PG, TQ12 1EU, TQ12 1GA, TQ12 1DT, TQ12 1AY, TQ12 1PE, TQ12 1AP. People residing in these local areas recently requested help from a financial advisor. Newton Abbot residents benefited from competent and high quality financial services in all cases.

For the latest local Newton Abbot information click here

Independent financial advisor in TQ12 area, (dialling code 01626).

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(This financial advisor Newton Abbot page was revised and updated on 06-05-2022)