Financial Advisor Oldham

Oldham Independent Financial Advice & Investment

Financial Advisor Oldham Greater Manchester (OL1): It can be a daunting experience trying to locate a decent independent financial advisor in the Oldham area, particularly if it is the very first time that you're seeking financial advice. Whether you're searching for mortgage, investment, pensions or even insurance guidance, all qualified financial advisors are bound by one simple rule; they all have to observe the regulations laid down by the FCA (Financial Conduct Authority). Any advice given from a FCA certified financial advisor in Oldham comes with guarantees that should anything go wrong, you can get in touch with the Financial Ombudsman or the Financial Services Compensation Scheme.

Free Oldham Financial Advisor Quotes

A good starting place when picking a financial advisor in Oldham may be friends and family, but bear in mind that the sort of advice you are searching for might be different to theirs. Every financial advisor isn't suitable for everybody, and their advice needs to be personalised to your particular situation. To explore the various options that they can provide and find a financial advisor you feel comfortable with and can trust, it pays to chat to at least three different companies, because after all choosing a financial advisor is a big decision.

Financial Advisor Oldham Greater Manchester (OL1)

Independent financial advisors (IFA) and restricted advisors, are the 2 principal kinds of financial advisor in Oldham. Offering a wider range of options, an independent financial advisor won't be confined to the services or products of a single provider. Independent financial advice should encompass the entire gamut of financial products and companies, and should be given in an impartial way. If you opt to use an IFA, you'll be able to select from the broadest possible array of services, so as to find the ideal solution for your needs. If you use a restricted financial advisor you will discover that they may be limited to products and services of a particular provider, or as in the case of a mortgage advisor, may only be involved with one individual product.

Before accepting you as a client, any financial advisor in Oldham must tell you about their charges, as required by the FCA. Depending on the type of product you are interested in, you could be charged by the hour, a set fee or even a slice of your investment value. A free initial consultation might be offered, so you can discuss your goals and situation to see if the advisor is the right fit. In some of the bigger Oldham firms, you may find that your account is being handled by a team as opposed to an individual advisor.

Financial Advisors Oldham UK (0161)

To outline your financial situation and targets to the advising firm, you will be required to fill in a "Fact Find" document, which is a confidential disclosure form. A Key Facts or Initial Disclosure Document will also be given to you, providing information on the financial advisors themselves, outlining the extent of their permissions in the financial sector and their situation for offering restricted or independent advice. Your legal rights should also be spelled out in this document, together with your options if you want to complain because you're not happy with the service you're given. It must be typed out in plain English and outline what you're signing up for, and any possible benefits and risks that exist should you elect to go along with the offered advice. The Key Facts Document should also inform you about the level of cooling-off period. This enables you to have a change of heart within a specific number of days, and cancel the contract with your financial advisor.

The very first time you're speaking with your financial advisor make sure you check what qualifications and experience they've got. Asking such questions should never be a cause for embarrassment, because you're entrusting them with your long-term financial wellbeing. Every Oldham financial advisor must be able to present an annual Statement of Professional Standing, and must hold at least a Level 4 qualification. If the advisor's name doesn't show up on the Financial Services Register, you shouldn't freak out, the company the person works for should be found on the register and their advisors are all covered by the regulations. If they're not able to supply this evidence, the individual cannot offer advice but can offer financial guidance. Guidance differs to advice as it is not regulated, and if financial errors occur there may be no recourse to the client.

Financial Advisor Quotes in Oldham Greater Manchester

If you are needing advice on investments you'll be asked the level of risk you are comfortable with. Most investments carry some element of risk, but higher risk investments could potentially offer bigger rewards, and also more chance of losing your money. In order to get the most effective financial and investment advice, your savings goals will need to be carefully considered, i.e. how rapidly you need to access your money, how much money you want to invest and short or long term investments. The one question that you should ask of yourself, which is usually overlooked, is how much you can really afford to lose. This may affect the services and products that could be offered for your consideration, and is sometimes referred to as your 'capacity for loss'.

Financial Advice Near Oldham Greater Manchester

If you have already got any existing savings accounts, mortgages, investments or regular payments, you should let your financial advisor know about these. They'll need this information, so that they can get a clear picture of your financial situation and give the appropriate advice for your needs. Spreading the risk across various products by diversifying your investments and savings, is something that good quality financial advice should allow for. In order to match your financial situation and goals, a competent financial advisor in Oldham will be aware of the best areas to consider.

Your financial advisor will communicate in the clearest possible way, while throwing open the complex world of finance. This will permit you to compare services and products that meet your needs, and make an informed decision. If the environment is at the forefront of your mind, you could maybe ask that ethical investments and savings take precedence. You will then be able to stay clear of investments that companies meet your requirements, and instead lend your support to those businesses and firms that address your concerns, for example zero carbon or renewable energy.

Working closely with your financial advisor in Oldham can be tricky to fit in around your work day and other responsibilities. To enable you to get advice at times that suit you, one-on-one appointments can be complemented with video conferencing and telephone. Home and remote working is now a large part of our society, and a professional financial advice provider in Oldham will have strict measures in place to keep your details confidential and secure, even if you rarely have an in-person meeting with your advisor.


Investments can go down as well as up, since the financial world can be unpredictable. If it happens that your investment isn't making as much money as you hoped for, it can be a stressful and disheartening time. Unfortunately, a downward trend in your investment is not seen as a cause for complaint, except if it is due to misleading or incorrect information from your advisor.

Independent Financial Advisor Near Oldham (OL1)

Any grievances should begin with the company's official complaints procedure as detailed in the Key Facts Document. You can inform the Financial Ombudsman of the problem if it remains unresolved within the time-frame set out by the regulating body, and the financial advisor is registered with the FCA.

After reviewing the cause for complaint, the Financial Ombudsman will come to a decision on the issue. If it's established that the complaint is justifiable, a decision is made on how the client can be financially compensated. Once the decision is agreed on by the customer it becomes a legally binding decision which the advisor and their firm, must abide by. Any compensation as set out by the Ombudsman will also take into account any hassle, distress, upset and inconvenience caused to the client during the situation.

Book a Financial Advisor in Oldham UK

Financial advice can be provided in Oldham and also nearby in: Chadderton, New Moston, Busk, Long Sight, Hathershaw, Stalybridge, Dukinfield, Oldham Edge, Heyside, Delph, Royton, Lees, Featherstall, Middleton, Greenacres, Holden Fold, Mossley, and in these postcodes OL1 2EQ, OL1 2EB, OL1 1NW, OL1 2EF, OL1 2BL, OL1 1LZ, OL1 2BZ, OL1 1QN, OL1 1AD, OL1 1LS. Local Oldham financial advisors will likely have the postcode OL1 and the dialling code 0161. Click the "enquiry" banner or form to get information on financial advisors in your area.

A Financial Advisor's Day to Day Tasks

  • Financial advisors keep abreast of new products and law changes.
  • Financial advisors maintain a record of potential transactions and customers.
  • Financial advisors produce in-depth financial reports.
  • Financial advisors speak to customers regarding their finances and plans.
  • Financial advisors meet targets for performance and sales.
  • Financial advisors provide education, counselling and consultation regarding investments and finances.
  • Financial advisors work in collaboration with their peers to gather statistics, trends and market information.
  • Financial advisors update clients regarding their investments.
  • Financial advisors make deals with with financial product providers.
  • Financial advisors recommend the best-suited financial products to their customers.

Oldham Financial Advice Services

Financial Advice Tasks Oldham

There is a variety of services which are provided by your local Oldham financial advisor including income protection advice in Oldham, mutual funds Oldham, corporate financial planning, pension reviews in Oldham, divorce planning in Oldham, stakeholder pensions, personal financial planning in Oldham, investment bonds, offshore investment advice, will writing services, investment planning, trusts, annuity purchase, bridging finance in Oldham, business financial planning, pension consolidation, financial planning in Oldham, pension plans, equity release advice in Oldham, inheritance tax planning, general financial planning in Oldham, cashflow analysis Oldham, financial services Oldham, annuities Oldham, life insurances, and more.

Skills Needed by Financial Advisors

  • Excellent skills in verbal communication.
  • Effective business management skills for negotiating product prices.
  • To be thorough and pay attention to detail.
  • To be self-motivated and organised.
  • To have the ability to network and build relationships with customers.
  • To have the ability to use a computer and the main software packages.
  • A competent level of numeracy for producing financial plans.
  • An outstanding understanding and knowledge of accounting and economics relating to financial markets and products.
  • The ability to promote financial services and products.
  • To have the ability to listen attentively
  • Good skills in customer service for finding out client requirements.

Greater Manchester Financial Advice Enquiries

Greater Manchester Financial Advice Enquiries

Recently posted Greater Manchester financial advice enquiries: Simran Locke from Cadishead, Greater Manchester recently enquired about mortgage advice. Adyan and Izzy Finch from Cheadle Hulme, Greater Manchester recently asked for information on equity release. Arthur Davidson from Bramhall, Greater Manchester recently asked for information on offshore investments. Darci Polson and Oscar Polson from Hale Barns recently enquired about life assurance. Lilia and Rian Sayers from Newton recently enquired about investment advice. Cadi and Andre Pope from Flowery Field recently enquired about investment bonds. Khaleesi and Indiana Hodgkinson from Aspull, Greater Manchester recently enquired about financial planning. Mr and Mrs Steadman from Irlam, Greater Manchester recently enquired about pension advice.


Financial Advisors Near Oldham

Also find: Long Sight financial advisors, Royton financial advisors, Middleton financial advisors, Featherstall financial advisors, Busk financial advisors, Lees financial advisors, Chadderton financial advisors, New Moston financial advisors, Oldham Edge financial advisors, Dukinfield financial advisors, Greenacres financial advisors, Heyside financial advisors, Hathershaw financial advisors, Stalybridge financial advisors, Holden Fold financial advisors, Delph financial advisors, Mossley financial advisors and more.

Oldham Financial Advice Services

Find a Financial Advisor in Oldham Here
Financial Advice Enquiries in Oldham Greater Manchester (0161)
  • Oldham Corporate Financial Advice
  • Oldham Life Insurance Advice
  • Oldham Tax Advice
  • Oldham Investment Advice
  • Oldham Independent Financial Advice
  • Oldham Mortgage Advice
  • Oldham Financial Services
  • Oldham Financial Advice Quotes
  • Oldham Wealth Management
  • Oldham Cashflow Analysis
  • Oldham Trustee Investments
  • Oldham Inheritance Advice
  • Oldham Retirement Advice
  • Oldham Estate Planning

Financial Advisors Around Oldham: Households in Sandringham Way, Alphin Close, Saint Cuthberts Fold, Atherton Street, Ashwood Drive, Bronville Close, St Marys Crest, All Saints Close, Booth Hill Lane, Durden Mews, Sidmouth Street, Spring Bank, Denshaw Road, Dam Fields, Sickle Street, Chamber Hall Close, Silverdale Avenue, Side Street, Selkirk Avenue, Beresford Street, Selby Avenue, Calder Grove, Berkeley Drive, Abels Lane, Cheltenham Street, Telford Mews, St Marys Drive, Block Lane, Chief Street, have needed financial advice recently. Financial advisors have also been active in the following local Oldham postcodes: OL1 2EQ, OL1 2EB, OL1 1NW, OL1 2EF, OL1 2BL, OL1 1LZ, OL1 2BZ, OL1 1QN, OL1 1AD, OL1 1LS.

More Oldham Services: Not surprisingly, when you're looking at your finances in Oldham, Greater Manchester, you'll likely need all sorts of different services and apart from a financial advisor in Oldham, Greater Manchester, you might also need property law & conveyancing in Oldham, estate planning in Oldham, investment advisors in Oldham, business consulting in Oldham, mortgage brokers in Oldham, contracts lawyers in Oldham, tax preparation in Oldham, family lawyers in Oldham, accountants in Oldham, wills in Oldham, mortgage advice in Oldham, solicitors in Oldham, business financial planning in Oldham, bookkeepers in Oldham, banruptcy lawyers in Oldham, debt recovery & collection in Oldham, payroll services in Oldham, and other different Oldham experts.

For local Oldham information go here

Independent financial advisor in OL1 area, 0161.

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