Financial Advisor Penarth

Penarth Independent Financial Advice & Investment

Financial Advisor Penarth Wales (CF64): Locating a first-rate independent financial advisor in Penarth can be a daunting experience, in particular if you are needing financial advice for the first time. Whether it's mortgage, pensions, investments or even insurance guidance that you are searching for, there is one common rule for all financial advisors; they all have to adhere to FCA (Financial Conduct Authority) regulations. This comes with some guarantees, thus after taking advice from a FCA registered financial advisor in Penarth, you can seek reparation from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, if something should go wrong.

Free Penarth Financial Advisor Quotes

Recommendations from friends and family can be a decent starting point in choosing a financial advisor in Penarth, but keep in mind that their situation could be different to what you're looking for. Not every financial advisor is suitable for everyone, and their advice should be adapted to your unique circumstances. Selecting a financial advisor is a big decision and it pays to speak to at least 3 different firms so as to explore the options they provide, and to find one that you feel comfortable with and can trust.

Financial Advisor Penarth Wales (CF64)

Restricted advisors and independent financial advisors (IFA), are the two principal types of financial advisor in Penarth. An IFA won't be confined to the products and services of a single provider. Independent financial advice should be provided in an unbiased way and should cover the entire spectrum of financial products and companies. Consulting an independent financial advisor should allow you to choose from the widest possible range of services. If you go to a restricted advisor you will discover that they might be limited to products and services of a single company, or as with a mortgage advisor, will only be focused on one product.

Before any Penarth financial advisor accepts you as a client, they're required by the Financial Conduct Authority to be fully transparent with you about their charges. You might be charged a set fee, by the hour or even a percentage of your investment value, determined by type of service you're looking for. You could be offered the chance of a free first consultation to allow you to discuss your aims and find out if the advisor is suitable for you and your circumstances. Your account may be looked after by a team as opposed to one individual advisor, if you decide to use one of the bigger companies in Penarth.

Financial Advisors Penarth UK (029)

You'll be asked to complete a "Fact Find" form, which is a confidential disclosure document relating your financial situation and ambitions to the advising firm. A Key Facts Document, or Initial Disclosure Document will also be handed to you, providing details about the financial advisors themselves, outlining the scope of their permissions in the financial market and their status to offer restricted or independent advice. This document will also set down your own legal rights and your options if you aren't satisfied with the service provided, and want to complain. It must be easily understood, written in layman's terms, and outline exactly what you're committing yourself to, along with the benefits and risks of going along with the advice. The cooling-off period should also be explained in this Key Facts Document. Within a certain time period, this makes it possible for you to cancel the contract with your financial advisor.

The very first time you are speaking to the financial advisor you need to check what experience and qualifications they've got. After all you are just about to entrust your financial future to their expertise, so you should not be self-conscious about asking these questions. All Penarth financial advisors must hold at least a Level 4 qualification and be in a position to present an annual Statement of Professional Standing. You don't need to panic if your specific advisor's name doesn't show up on the Financial Services Register, so long as the firm is listed on the register, their personnel are covered by the legislation. If these can't be provided the person can still offer financial guidance rather than advice. Guidance is different to advice as it's not regulated in the same way, and if financial mistakes occur there will likely be no recourse to the client.

Financial Advisor Quotes in Penarth Wales

If you are looking for advice on investing money you'll be asked the level of risk you are comfortable with. High risk investments could offer higher rewards, however all or some of your funds could be lost. The best investment and financial advice should take into account your savings objectives, i.e. short or long term investments, how much you wish to invest and how quickly you need access to your money. One question you should ask yourself, which is often ignored, is how much money you can afford to lose. This is known as your 'capacity for loss' and may well affect the services and products that may be offered to you.

Financial Advice Near Penarth Wales

If you already have any current investments, mortgages, regular outgoings or savings accounts, you should tell your financial advisor about these. To ensure that you receive the most appropriate advice for you, they need to gather a full and clear picture of your financial situation. Reliable financial advice should include diversifying your savings and investments by spreading the risk load across different products. With an understanding of the best areas to consider, a competent financial advisor will favour products that fit in with your goals and financial situation.

Communicating in the clearest possible way, your financial advisor will throw open the multifaceted world of investment and finance. After learning about the services and products that match your needs, you should be in a position to come to an informed and educated decision. If you are mind is firmly on the environment, you could perhaps ask your financial advisor to stick to ethical savings and investments. This will allow you to support enterprises and companies that match your concerns, i.e. zero carbon or green energy, or perhaps steering clear of investments that don't meet your standards.

It isn't that easy to have a close working relationship with a financial advisor in Penarth without this impacting your work life and other responsibilities. This can be reduced by supplementing one-on-one meetings with video conferencing and phone calls, thus enabling you to seek the advice you need at times that are convenient. Home and remote working is now commonplace, and an experienced financial advice firm in Penarth will have strict measures in force to ensure your details are kept confidential and secure, even if you hardly ever have a one-on-one meeting with your personal advisor.


You must keep in mind that the financial sector can be an unpredictable one, and the value of your investments can just as easily fall as well as rise. If your investment isn't making as much money as you hoped for, it can be quite disheartening and stressful. A downward spiraling of your investment isn't seen as a basis for complaint, unless your financial advisor has given you misleading or wrong information.

Independent Financial Advisor Near Penarth (CF64)

The firm's complaints procedure should be the starting place for any grievances, and the Key Facts Document will explain this. If the financial advisor is registered with the FCA, you can let the Financial Ombudsman know about the matter if it remains unsolved within the time-frame laid down by the regulating body.

The Financial Ombudsman will make a ruling after reviewing the cause of the complaint independently. If the complaint is upheld, a decision will be made on how to financially compensate the customer. On acceptance by the client, the ruling will become a legally binding one, and the advisor and their firm must abide by it. The Ombudsman will also take into account any annoyance, trouble, inconvenience and distress caused to the client during the situation, and set the level of compensation accordingly.

Book a Financial Advisor in Penarth UK

Financial advice can be provided in Penarth and also in nearby places like: Fonmon, Barry, Cadoxton, St Nicholas, Llandough, East Aberthaw, Lavernock, Wenvoe, Sully, St Athan, Penmark, Penarth Haven, Culverhouse Cross, Dinas Powys, Cardiff, Rhoose, Cogan, Leckwith, Bonvilston, as well as in these postcodes CF64 1SR, CF64 1BB, CF64 1SG, CF64 2EW, CF64 1DA, CF64 1SN, CF64 1AP, CF64 1QJ, CF64 2JT, CF64 1TJ. Locally based Penarth financial advisors will most likely have the telephone code 029 and the postcode CF64.

Penarth Financial Advice Services

Financial Advice Tasks Penarth

There is a variety of services which are provided by your local Penarth financial advisor including ISA's, divorce planning Penarth, equity release advice in Penarth, cheap financial advice, trustee investment services, financial planning, investment planning Penarth, pension reviews, pension transfer advice, tax financial planning in Penarth, corporate financial planning Penarth, portfolio management Penarth, general financial planning Penarth, corporate bonds, long term care fee advice in Penarth, cash flow modelling, family income benefit, pension drawdowns, investment advice Penarth, wealth management & investments in Penarth, stakeholder pension advice Penarth, life insurance advice, annuity purchases, income protection advice, cashflow analysis in Penarth, and more.


Financial Advisors Near Penarth

Also find: Culverhouse Cross financial advisors, Cadoxton financial advisors, St Nicholas financial advisors, Rhoose financial advisors, Sully financial advisors, Wenvoe financial advisors, Leckwith financial advisors, Cogan financial advisors, Barry financial advisors, Llandough financial advisors, Penmark financial advisors, Bonvilston financial advisors, Fonmon financial advisors, Penarth Haven financial advisors, Lavernock financial advisors, East Aberthaw financial advisors, Dinas Powys financial advisors, St Athan financial advisors, Cardiff financial advisors and more.

Penarth Financial Advice Services

Find a Financial Advisor in Penarth Here
Financial Advice Enquiries in Penarth Wales (029)
  • Penarth Cheap Financial Advice
  • Penarth Life Insurance Advice
  • Penarth Estate Planning
  • Penarth Financial Services
  • Penarth Pension Advice
  • Penarth Tax Advice
  • Penarth Retirement Advice
  • Penarth Financial Advice Quotes
  • Penarth Corporate Financial Planning
  • Penarth Inheritance Advice
  • Penarth Trustee Investments
  • Penarth Mortgage Advice
  • Penarth Wealth Management
  • Penarth Investment Advice

More Penarth Services: Of course, when you happen to be looking at your finances in Penarth, Wales, you will likely need all kinds of different services and apart from a financial advisor in Penarth, Wales, you might additionally need business consulting in Penarth, investment advisors in Penarth, contracts lawyers in Penarth, tax preparation in Penarth, bookkeeping in Penarth, family lawyers in Penarth, accountants in Penarth, estate planning in Penarth, debt recovery & collection in Penarth, business financial planning in Penarth, wills & probate in Penarth, mortgage brokers in Penarth, mortgage advice in Penarth, banruptcy lawyers in Penarth, payroll services in Penarth, solicitors in Penarth, property law & conveyancing in Penarth, and other different Penarth experts.

Financial Advisors Around Penarth: Over the past 12 months financial advice was provided in the following Penarth streets: Meadowside, Beechwood Drive, Barry Road, St Cyres Road, The Glades, Dingle Lane, John Street, Baron Road, Pembroke Terrace, Forrest Road, Sully Place, St Mark's Road, Archer Place, Woodland Place, Hickman Road, Chestnut Way, Albert Road, High Street, Cornerswell Lane, Queen's Road, Cherry Close, Rudry Street, Windsor Terrace, Britten Road, Hastings Place, Byrd Crescent, Paget Road, Beaumont Court, Bradford Place, and in these Wales postcodes: CF64 1SR, CF64 1BB, CF64 1SG, CF64 2EW, CF64 1DA, CF64 1SN, CF64 1AP, CF64 1QJ, CF64 2JT, CF64 1TJ.

If you would like to get local info on Penarth, Wales go here

Independent financial advisor in CF64 area, phone code 029.

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