Financial Advisor Peterlee

Peterlee Independent Financial Advice & Investment

Financial Advisor Peterlee County Durham (SR8): If you are in search of financial advice for the very first time, trying to find a decent financial advisor advisor in Peterlee can be a daunting experience. Whether it is pension, investment, mortgage or even insurance advice 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. The advantage of this is that should a financial advisor who is FCA certified give you poor quality advice, and things go awry, you've got guarantees, and are able to go to the Financial Ombudsman or the Financial Services Compensation Scheme to have it put right.

Free Peterlee Financial Advisor Quotes

When selecting a financial advisor in Peterlee, a good place to start could be friends and relations, however you must remember that your situation might not be the same as theirs, and you may need a different type of advice. Financial advice needs to be individually tailored to your particular situation, and you will find that some financial advisors might not be appropriate for your requirements. Choosing the right financial advisor is crucial and it is wise to talk to at least 3 different firms in order to explore the various options they provide, and to find one that you can trust and feel comfortable with.

Financial Advisor Peterlee County Durham (SR8)

There are 2 main kinds of financial advisor in Peterlee; restricted advisors and independent financial advisors. The good thing about using an independent financial advisor is that they should not be confined to a single provider's services and products, and can offer a broader range of options. Covering the whole spectrum of financial companies and products, independent financial advice should be offered in a frank and unbiased way to customers. This will permit you to choose from the broadest range of products to suit your needs. A restricted financial advisor may be focused on an individual product, such as a mortgage advisor, or be restricted to services and products from a single provider.

Before any financial advisor accepts you as a client, they're required by the Financial Conduct Authority to fully discuss their charges with you. Although it can vary dependant upon the type of product you're looking for, there could be an hourly rate, a set fee, or you may even be charged a percentage of what you are investing. A free first consultation may be offered, so you can discuss your objectives and situation to find out if the advisor is a good fit. In some bigger Peterlee firms, you might find that your account is looked after by a team rather than an individual.

Financial Advisors Peterlee UK (0191)

You will be required to fill in a "Fact Find" document, which is a confidential disclosure form relating your targets and financial situation to the advising company. A Key Facts or Initial Disclosure Document will also be handed to you, to provide information regarding the financial advisors themselves, outlining their range of permissions in the financial market and their situation for offering restricted or independent advice. Your own rights will also be laid out in this document, in addition to the options you can take if you want to complain because you aren't happy with the service you are given. It has to be written in plain English and outline what you're signing up for, and any possible risks and benefits if you choose to go along with the advice offered. The Key Facts Document should also tell you about the cooling-off period. Within a certain period of time, this makes it possible for you to cancel the contract.

When chatting with the financial advisor the very first time you should check their experience and qualifications. After all you're about to entrust your financial wellbeing to their expertise, so you should not be self-conscious about asking these questions. All financial advisors in Peterlee must hold at least a Level 4 qualification and be in a position to present an annual Statement of Professional Standing. When you check the Financial Services Register, you should not freak out if your particular financial advisor's name doesn't show up on there; you ought to be able to locate the company name, and this means that the regulations covers all of their personnel. The person may still offer financial guidance instead of advice, if these can't be provided. Guidance isn't subject to regulations in the same way as financial advice, meaning that if mistakes occur neither party will have any recourse.

Financial Advisor Quotes in Peterlee County Durham

You'll be asked about the level of risk you are ready to take on, if you are seeking advice on investments. Higher risk investments may potentially offer bigger rewards, however some or all of your capital could be lost. Your savings goals will have to be considered if good investment advice is to be given, i.e. long or short term investments, how much you wish to invest and how rapidly you need to access your money. The one question that you should ask of yourself, which is normally neglected, is just how much money you can really afford to lose. This may well affect the products and services that you're offered, and is sometimes referred to as your 'capacity for loss'.

Financial Advice Near Peterlee County Durham

You will need to let your financial advisor know about any existing mortgage loans, savings, investments or regular outgoings. They'll need these details, so that they can get a clear picture of your financial circumstances and give the correct advice for you. The diversification of your investments and savings by spreading the risk across various different products, is an important part of good quality financial advice. A professional financial advisor in Peterlee will understand the best areas to consider, which reflect your goals and your financial situation.

Communicating in the plainest speech possible, your financial advisor will reveal the multifaceted world of finance and investment. You should be able to come to an informed and educated decision when you have learned about the various products and services which match your needs. If you are environmentally minded, you can even ask your advisor to stick to ethical savings and investment schemes. This will allow you to support companies and businesses that address your concerns, e.g. zero carbon or green energy, or perhaps staying away from firms that do not meet your criteria.

Having constant interactions with a financial advisor in Peterlee could cause complications with work and other commitments. Face-to-face appointments can be augmented with telephone and video conferencing to allow you to seek advice at a time to suit you. Home and remote working is now so common, and a professional financial advice provider in Peterlee will have strict measures in place to keep your details secure and confidential, even if you hardly ever have a face-to-face meeting with your advisor.


You have to remember that the financial world is a volatile sector, and investment values could just as easily go down as well as up. If it happens that your investment is not making as much money as you were hoping for, it can be an extremely worrying and disheartening time. Unfortunately, a downward trend in your investment is not seen as a cause for complaint, except if it is down to incorrect or misleading information from your advisor.

Independent Financial Advisor Near Peterlee (SR8)

Any complaints should commence with the company's official complaints procedure as outlined in the Key Facts Document. If the problem is unresolved within the time period set out by the regulating authority, and the financial advisor is a member of the Financial Conduct Authority, you can inform the Financial Ombudsman.

The Financial Ombudsman will look into the cause of the complaint and come to a decision. If it is established that the complaint is justifiable, a decision will be made on how the client can be financially compensated. The financial advisor and their company must abide by any decision that is made, which becomes a legally binding decision once the customer has accepted it. Any trouble, upset, distress and inconvenience caused to the client during the dispute, will be taken into account when the Financial Ombudsman establishes the level of compensation.

Book a Financial Advisor in Peterlee UK

Financial advice can be provided in Peterlee and also in nearby places like: Hesleden, Haswell, Cold Hesledon, Wolviston, Crimdon, Castle Eden, Hawthorn, Wingate, Easington, Blackhall Colliery, Seaham, Thornley, Hartlepool, Wheatley Hill, Horden, Shotton, and in these postcodes SR8 2BL, SR8 2AW, SR8 1LA, SR8 1JJ, SR8 1EX, SR8 1PS, SR8 2BD, SR8 1EN, SR8 1AD, SR8 1HJ. Local Peterlee financial advisors will probably have the phone code 0191 and the postcode SR8. Checking this will ensure you are accessing locally based financial advisers. Peterlee home and business owners will be able to benefit from these and many other related services.

County Durham Financial Advice Enquiries

County Durham Financial Advice Enquiries

Latest County Durham financial advice enquiries: Alara Heather from Monk Hesleden asked the question "are there any decent financial advisors near me?". Keeley Hallett from Seaham recently asked for information on equity release. Bonnie Crawford in Hutton Henry, County Durham recently enquired about mortgage advice. Elsa and Shay Burr in Murton, County Durham recently enquired about financial planning. Aaryan Milner in Shotton Colliery recently asked for information on life assurance. Mr and Mrs Compton from Newton Aycliffe recently asked for information on equity release. Klay Smallwood and Robyn Smallwood from Heighington recently asked about financial planning. Roman Christie and Zaara Christie in Bowburn, County Durham recently asked for information on financial planning. All these local residents did a search for "financial advisor County Durham" and located this page on Yahoo, Google or Bing.

A Financial Advisor's Day to Day Duties

  • A financial advisor makes deals with with financial product providers.
  • A financial advisor chats with clients regarding their plans and finances.
  • A financial advisor consistently updates clients about their investments.
  • A financial advisor produces detailed financial reports.
  • A financial advisor provides education, counselling and consultation with regards to finances and investments.
  • A financial advisor works in collaboration with colleagues to collect statistics, market information and trends.
  • A financial advisor meets targets for performance and sales.
  • A financial advisor maintains detailed records of potential transactions and clients.
  • A financial advisor keeps up to date with new products and legislation changes.
  • A financial advisor researches financial products and explains them clearly and simply to clients.

Necessary Skills for a Financial Advisor

  • To be able to competently use a computer and the key software applications.
  • To have a flexible work ethic.
  • To have the ability to network and establish relationships with clients.
  • A thorough knowledge of accounting and economics relating to financial markets and products.
  • Excellent skills in verbal communication.
  • The ability to promote financial products and services.
  • To be thorough and pay attention to detail.
  • Good skills in customer service for identifying client requirements.
  • Excellent business management skills for negotiating product fees.
  • An excellent level of numeracy for building financial strategies.
  • To have the ability to listen attentively

Peterlee Financial Advice Services

Financial Advice Tasks Peterlee

There are a number of different services which can be provided by your local Peterlee financial advisor including corporate bonds, personal financial planning in Peterlee, financial planning in Peterlee, pension plans, critical illness cover Peterlee, ethical investments, wealth management & investments Peterlee, corporate financial planning, trustee investment services in Peterlee, divorce planning, life insurance advice Peterlee, business protection, equity release advice, unit trusts, savings advice Peterlee, investing an inheritance, investment planning, portfolio management, offshore investment advice Peterlee, cash flow modelling Peterlee, mortgage services, inheritance tax planning in Peterlee, investment consolidation advice Peterlee, general financial planning, bereavement benefits, personal pensions advice, trusts, pension advice Peterlee, tax financial planning, mutual funds, and lots more. These are just an example of the duties that can be performed by a financial advisor. Peterlee professionals will inform you of their full range of services.


Financial Advisors Near Peterlee

Also find: Blackhall Colliery financial advisors, Crimdon financial advisors, Haswell financial advisors, Hesleden financial advisors, Wheatley Hill financial advisors, Shotton financial advisors, Cold Hesledon financial advisors, Wolviston financial advisors, Wingate financial advisors, Thornley financial advisors, Horden financial advisors, Easington financial advisors, Seaham financial advisors, Hawthorn financial advisors, Castle Eden financial advisors, Hartlepool financial advisors and more. All of these villages and towns are catered for by local financial advisers. Peterlee residents can get financial advice price quotes by clicking here.

Peterlee Financial Advice Services

Find a Financial Advisor in Peterlee Here
Financial Advice Enquiries in Peterlee County Durham (0191)
  • Peterlee Life Insurance Advice
  • Peterlee Financial Advice
  • Peterlee Corporate Financial Advice
  • Peterlee Cashflow Analysis
  • Peterlee Investment Advice
  • Peterlee Pension Advice
  • Peterlee Financial Advice Quotes
  • Peterlee Estate Planning
  • Peterlee Retirement Advice
  • Peterlee Wealth Management
  • Peterlee Cheap Financial Advice
  • Peterlee Trustee Investments
  • Peterlee Tax Advice
  • Peterlee Mortgage Advice

Financial Advisors Around Peterlee: Over the past 12 months financial advice was provided in these Peterlee streets: Crawlaw Bungalows, Troutbeck Way, The Upper, Barnard Wynd, The Spinney, Braemar Terrace, Charles Street, South Hetton Road, Cranford Terrace, Bywell Drive, Sledmere Close, Brancepeth Chare, Denebank Avenue, Balliol Close, Corby Grove, Trevelyan Place, Brougham Court, Beck Place, Crawlaw Road, Calley Close, Belford Street, Springfield Terrace, Buddle Close, Douglas Avenue, Cartington Close, Seaside Lane South Back, South Side, Thornes Close, Stainton Way, Thorpe Crescent, and in these County Durham postcodes: SR8 2BL, SR8 2AW, SR8 1LA, SR8 1JJ, SR8 1EX, SR8 1PS, SR8 2BD, SR8 1EN, SR8 1AD, SR8 1HJ. People living in these local areas recently required help from a financial advisor. Peterlee residents benefited from professional and competent financial services in all cases.

For the latest local Peterlee info click here

Independent financial advisor in SR8 area, 0191.

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