Financial Advisor Oldham

Oldham Independent Financial Advice & Investment

Financial Advisor Oldham Greater Manchester (OL1): Finding a decent financial advisor advisor in Oldham can be an intimidating experience, in particular if you are needing financial advice for the first time. However, all qualified financial advisors are bound by one common rule; they must all stick to the regulations set by the Financial Conduct Authority, regardless of whether you're after pension, mortgage, investment or even insurance guidance. This comes with certain guarantees, so after taking advice from a FCA registered financial advisor in Oldham, you can seek reparation from the Financial Services Compensation Scheme or the Financial Ombudsman Scheme, if something should go wrong.

Free Oldham Financial Advisor Quotes

A good starting place when picking a financial advisor in Oldham can be relatives and friends, but bear in mind that the sort of advice you're searching for might be somewhat different to theirs. Every financial advisor isn't suitable for everyone, and their advice should be adapted to your unique situation. Picking a financial advisor is a major decision and it pays to speak with at least 3 different firms in order to investigate the various options they can offer, and to find one that you can trust and feel comfortable with.

Financial Advisor Oldham Greater Manchester (OL1)

When you are looking to pick a financial advisor in Oldham, there are basically 2 principal types; independent financial advisors (IFA) and restricted advisors. An independent financial advisor won't be confined to the services and products of just one company. Independent financial advice must cover the entire gamut of financial products and companies, and must be offered in an impartial way. This will allow you to choose from the broadest range of products to suit your needs. A restricted financial advisor may be involved with a single product, as with a mortgage advisor, or be restricted to services and products from a specific firm.

Before accepting you as a client, any financial advisor must fully discuss their charges with you, as set out by the Financial Conduct Authority. You could be charged a set fee, by the hour or even a percentage of your investment value, depending on product you are interested in. You may be offered the possibility of a free preliminary consultation to enable you to discuss your objectives and find out if the advisor is a good fit for your situation. If you use one of the bigger Oldham companies, your account might be managed by a team of advisors rather than just one individual.

Financial Advisors Oldham UK (0161)

To summarise your ambitions and financial situation to the advising firm, you'll be required to fill in a "Fact Find" document, which is a confidential disclosure form. To provide information regarding the financial advisor, their status to offer independent or restricted advice and their range of permissions in the financial sector, you will also be handed a Key Facts Document, or Initial Disclosure Document. If you're not happy with the service, and wish to submit a complaint, this document will also lay out your legal rights and the options you can take. It must be simple to understand, written in plain language, and outline precisely what you're signing up for, along with the risks and benefits of accepting the proffered advice. The Key Facts Document should also tell you about the level of cooling-off period. This enables you to have a change of heart within a certain period of time, and cancel your contract with the financial advisor.

Ensure that you check the experience and qualifications of your financial advisor the first time you talk to them. Asking these questions should not be a cause for embarrassment, because after all you are entrusting them with your long-term financial wellbeing. A Level 4 qualification in financial advice is the minimum required certification for any Oldham financial advisor, and they must also be able to provide you with an annual Statement of Professional Standing. When checking the Financial Services Register, you shouldn't panic if your particular advisor's name does not appear on there; you ought to be able to locate the firm name, and this means that the regulations covers all of their personnel. If they are not able to present these accreditations, the individual cannot offer advice but is able to offer financial guidance. In financial terms guidance is somewhat different to advice and is not regulated. Therefore there is no recourse for either party if financial mistakes occur.

Financial Advisor Quotes in Oldham Greater Manchester

If you're looking for advice on investing money you'll be asked about the amount of risk you are ready and able to accept. Many investments carry some element of risk, but higher risk investments may offer higher rewards, but also more chance of losing some or all of your cash. Your savings objectives should be carefully considered if good quality financial and investment advice is to be given, i.e. how much you have to invest, short or long term investments and how rapidly you need access to your funds. "How much can you afford to lose?" Is the one crucial question that you really need to ask yourself. Referred to as your capacity for loss, this will most likely affect the services and products that you're offered.

Financial Advice Near Oldham Greater Manchester

If you have already got any current mortgage loans, investments, regular payments or personal savings, you should let your financial advisor know about these. To make certain that you get the most appropriate advice for you, they need to have a full and clear picture of your finances. Diversifying your investments and savings by spreading the risk across a number of different products, is a crucial part of good quality financial advice. So as to match your goals and financial circumstances, a qualified financial advisor in Oldham will understand the best products to consider.

Your financial advisor will attempt to communicate in as plain a speech as possible, to reveal the multifaceted world of finance. After learning about the products and services which meet your needs, you should be in a position to make an informed and educated decision. If the environment is important to you, you could even ask that ethical investment and savings schemes take precedence. This doesn't just give you investment opportunities, but also allows you to lend your support to zero carbon or renewable energy projects, and stay away from companies that don't share the same values as you do.

It's not that easy to work closely with a financial advisor in Oldham without this impacting work and other obligations. Face-to-face appointments can be complemented with telephone calls and video conferencing to allow you to seek advice at a time to suit you. Even if you never have a one-to-one meeting with your advisor, an experienced financial advice company in Oldham will have stringent measures in force to ensure your details are kept confidential and secure, because home and remote working is now a large part of our society.


You need to understand that the financial sector can be volatile, and the value of your investments could just as easily fall as well as rise. If it just so happens that your investment isn't making as much money as you hoped for, it can be a very demoralising and worrying time. Unfortunately, a downward trend in your investment is not a recognised basis for complaint, except if it's owing to misleading or wrong information from your financial advisor.

Independent Financial Advisor Near Oldham (OL1)

The firm's complaints procedure should be the place to start with any grievances, and the Key Facts Document should explain this. If the matter remains unsolved within the time-frame set out by the regulating body, and your advisor is registered with the FCA, you can inform the Financial Ombudsman.

The Financial Ombudsman will come to a decision after independently reviewing the cause for complaint. If it's found that the complaint is justified, a decision is made on how the customer can be compensated. The advisor and their firm must comply with any decision that is made by the Ombudsman, which becomes legally binding as soon as the customer has accepted it. Any distress, upset, inconvenience and trouble caused to the client during the situation, will be considered when the Financial Ombudsman establishes the level of compensation.

Book a Financial Advisor in Oldham UK

Financial advice can be provided in Oldham and also in nearby places like: Oldham Edge, Dukinfield, Holden Fold, Middleton, Featherstall, Chadderton, New Moston, Mossley, Heyside, Stalybridge, Greenacres, Long Sight, Delph, Hathershaw, Busk, Lees, Royton, as well as in these postcodes OL1 2EY, OL1 1EW, OL1 1LT, OL1 2BS, OL1 2BY, OL1 1QH, OL1 2AQ, OL1 1RD, OL1 2HD, OL1 2EL. Locally based Oldham financial advisers will probably have the dialling code 0161 and the postcode OL1. Checking this out can make certain that you're accessing locally based financial advisers. Oldham homeowners are able to utilise these and numerous other related services. Click the "enquiry" form or banner to get info on financial advisors in your location.

Pension Planning

Taking a vital step towards a secure retirement involves pension planning. This process can be substantially improved by seeking the services of a financial advisor. A professional advisor, understanding your retirement goals, will assess your current financial circumstances and design a personalised pension plan. Among the intricacies they navigate are the UK pension choices, such as the state pension, workplace pensions, and self-invested personal pensions. Leveraging their expertise allows you to make informed decisions about investment choices, contributions and tax implications. Working with a financial advisor in Oldham ensures that your future is secured with a robust pension plan, offering financial stability and peace of mind.

The State Pension, a government-backed scheme that provides a standard level of retirement income, is at the centre of UK pension planning. The number of National Insurance contributions you make over your working life will usually determine how much State Pension you will receive. However, changes to the number of qualifying years and the State Pension age have made understanding the intricacies of this scheme more important than ever before. (42316)

The Daily Tasks for a Financial Advisor

  • A financial advisor talks with clients about their finances and plans.
  • A financial advisor maintains detailed records of potential transactions and clients.
  • A financial advisor continually updates clients about their investments.
  • A financial advisor meets targets for sales and performance.
  • A financial advisor produces in-depth financial reports.
  • A financial advisor collaborates with financial product providers.
  • A financial advisor recommends the best-suited financial products to customers.
  • A financial advisor keeps up to date with new financial products and law changes.
  • A financial advisor works in collaboration with peers to gather trends, market information and statistics.
  • A financial advisor provides consultation, counselling and education with regards to finances and investments.

Oldham Financial Advice Services

Financial Advice Tasks Oldham

There is a range of services which are provided by your local Oldham financial advisor including money planning, annuities, cash flow modelling, personal protection, will writing services, pension reviews, tax planning, pension advice Oldham, ethical investment advice, financial planning in Oldham, pension consolidation advice, multi-asset portfolios, equity release advice, personal financial planning in Oldham, mortgage advice, inheritance tax planning, saving for children, divorce planning, retirement planning, pensions in divorce, death benefits Oldham, family income benefit, personal pensions, savings advice, cheap financial advice, investment bonds, annuity purchases, life assurance advice in Oldham, financial advice services Oldham, bridging finance in Oldham, and lots more. Listed are just a small portion of the activities that can be undertaken by a financial advisor. Oldham professionals will let you know their whole range of financial services.


Financial Advisors Near Oldham

Also find: Hathershaw financial advisors, Oldham Edge financial advisors, Heyside financial advisors, Holden Fold financial advisors, Delph financial advisors, Featherstall financial advisors, Long Sight financial advisors, Greenacres financial advisors, New Moston financial advisors, Busk financial advisors and more. Financial advisers are available for consultations in pretty much all of these localities. Home and property owners in these localities can make enquiries about financial advice by clicking here.

Oldham Financial Advice Services

Find a Financial Advisor in Oldham Here
Financial Advice Enquiries in Oldham Greater Manchester (0161)
  • Oldham Mortgage Advice
  • Oldham Tax Advice
  • Oldham Wealth Management
  • Oldham Financial Advice Quotations
  • Oldham Pension Advice
  • Oldham Financial Advice
  • Oldham Retirement Advice
  • Oldham Corporate Financial Advice
  • Oldham Life Insurance Advice
  • Oldham Investment Advice
  • Oldham Inheritance Advice
  • Oldham Cashflow Analysis
  • Oldham Cheap Financial Advice
  • Oldham Estate Planning

Financial Adviser Jobs Oldham: Find financial adviser jobs near Oldham here: Financial Advisor Jobs Oldham

Oldham Greater Manchester - Sitting in the South Pennines between the rivers Medlock and Irk, Oldham is a sizable town in the Greater Manchester region of England, it's approximately 7 miles north-east of Manchester, 4 miles north of Ashton-under-Lyne, 5.3 miles south-east of Rochdale and 15 miles west of Holmfirth. Oldham town has a population of around 97,000, has the OS grid reference SD922053, has the postcodes OL1, OL2, OL3, OL4, OL8 & OL9 and has the dialling code 0161. Points of interest in and near Oldham include the likes of: Crompton Moor, Bishop Park Monument, Oldham War Memorial and Werneth Park. Towns, villages and settlements near to Oldham include: Oldham Edge, Dukinfield, Holden Fold, Middleton, Featherstall, Chadderton, New Moston, Mossley, Heyside, Stalybridge, Greenacres, Long Sight, Delph, Hathershaw, Busk, Lees, Royton. Oldham grew significantly in the 19th century when it became an international centre for textile manufacture. To find local info regarding Oldham, Greater Manchester take a look here

Independent financial advisor in OL1 area, phone code 0161.

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(This financial advisor Oldham article was reviewed and updated on 20-02-2024)