Financial Advisor Plymouth

Plymouth Independent Financial Advice & Investment

Financial Advisor Plymouth Devon (PL1): It can be a challenging experience trying to locate a reliable financial advisor advisor in Plymouth, particularly if it's the very first time that you are needing financial advice. Nevertheless, all qualified financial advisors have one thing in common; they all have to conform to the regulations of the FCA (Financial Conduct Authority), whether you're searching for investment, pension, mortgage or even insurance guidance. This comes with some guarantees, so after taking advice from a FCA registered financial advisor in Plymouth, you can seek recompense from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, if anything goes wrong.

Free Plymouth Financial Advisor Quotes

A decent starting point when choosing a financial advisor in Plymouth could be friends and neighbours, but keep in mind that the kind of advice you're looking for may be different to theirs. Financial advice needs to be individually tailored to your particular situation, and you'll discover that certain financial advisors may not be suitable for your requirements. To explore the various options that they can provide and find a financial advisor that you can trust and feel comfortable with, it is wise to chat to at least three different companies, because picking a financial advisor is a major decision.

Financial Advisor Plymouth Devon (PL1)

When you're looking to pick a financial advisor in Plymouth, there are two principal types; restricted advisors and independent financial advisors. Offering a wider range of options, an independent financial advisor won't be restricted to just one provider's products or services. Independent financial advice must be given in a frank and unbiased way and should cover the full gamut of financial products and companies. This will enable you to choose from the broadest range of services to suit your needs. If you go to a restricted financial advisor you will find that they might be limited to products and services of one particular company, or as with a mortgage advisor, may only be concerned with one product.

Before accepting you as a client, any Plymouth financial advisor must fully discuss their charges with you, as required by the Financial Conduct Authority. Although it varies according to the type of service or product you are interested in, there may be an hourly rate, a set fee, or you may even be charged a proportion of what you're investing. You will sometimes be offered the chance of a free first consultation to enable you to discuss your aims and find out if the advisor is a good fit for your situation. In some larger Plymouth firms, you may find that your account is being managed by a team rather than an individual.

Financial Advisors Plymouth UK (01752)

Before any actual advice is handed out you will have to complete a confidential disclosure document, known as a "Fact Find" form, which informs the advising company about your goals and financial situation. To provide information on the financial advisor, their status to offer restricted or independent advice and their scope of permissions in the financial market, you will also be given a Key Facts or Initial Disclosure Document. If you aren't happy with the service provided, and wish to submit a complaint, this document will also lay out your legal rights and the options you can take. It should detail what you're committing yourself to, and any possible risks and benefits that exist if you opt to accept the offered advice, and it should be laid out in clear language. The Key Facts Document must also tell you about the cooling-off period. This allows you to change your mind within a certain time period, and cancel the contract with your financial advisor.

When talking with the financial advisor for the first time you should check their experience and qualifications. Asking these questions should not cause you any embarrassment, because after all you're entrusting them with your financial wellbeing. All Plymouth financial advisors must hold at least a Level 4 qualification and be able to present an annual Statement of Professional Standing. When checking the Financial Services Register, don't freak out if your particular financial advisor's name does not appear on there; you should be able to locate the firm name, and this means that the legislation covers all of their advisors. The person may still offer financial guidance instead of advice, if these can't be presented. In terms of finance guidance is different to advice and isn't regulated in the same way. Therefore there is no recourse for either party if financial errors are made.

Financial Advisor Quotes in Plymouth Devon

If it's investments that you are interested in, your advisor will question you about the level of risk you are ready to take on with your hard-earned money. Higher risk investments may potentially offer substantial rewards, but some or all of your cash could be lost. In order to get the best investment and financial advice, your savings aims will need to be given careful consideration, i.e. how quickly you need to access your money, long or short term investments and how much you have to invest. "How much money can you afford to lose?" Is the one crucial question that you really need to ask yourself. This might influence the products and services that could be offered for your consideration, and is known as your capacity for loss.

Financial Advice Near Plymouth Devon

You need to tell your financial advisor about your current regular payments, investments, savings accounts or mortgages. This should give a clear picture of your financial circumstances, and without this the advice you get will most likely not be the best for you. Reliable financial advice should include diversifying your investments and savings by spreading the risk load across various different products. So as to match your goals and financial circumstances, an experienced financial advisor in Plymouth will understand the best products to consider.

A financial advisor will throw open the complex world of finance, and communicate in the clearest possible way. After comparing the products and services that match your needs, you should be in a position to come to an informed and considered decision. If you are environmentally minded, you can ask your advisor to stick to ethical savings and investment schemes. This will allow you to give your support to enterprises and firms that address your concerns, i.e. green energy or zero carbon, or perhaps keeping away from companies that don't meet your criteria.

It may prove tricky to manage your work day and other responsibilities around a close working relationship with your financial advisor in Plymouth. This can be alleviated by augmenting one-on-one meetings with telephone calls and video conferencing, hence enabling you to get the advice you need at times that are convenient. Even if you rarely have a face-to-face meeting with your personal advisor, a competent financial advice firm in Plymouth will have stringent measures in force to ensure your details are kept secure and confidential, because remote and home working is now commonplace.


Investments can be a volatile area, and values can fall as well as rise. If your investment is not making the amount of money you were hoping for, it can be incredibly worrying and disheartening. However, unless it's due to misleading or incorrect information from your financial advisor, your investment having a downward trend isn't a recognised cause for complaint.

Independent Financial Advisor Near Plymouth (PL1)

The company's official complaints procedure should be the starting place for any grievances, and the Key Facts Document will discuss this. You can tell the Financial Ombudsman about the situation if it remains unsolved within the time-frame set out by the regulating authority, and your advisor is registered with the FCA.

The Financial Ombudsman will look into the cause of the complaint and come to a decision. A decision will be made on how to financially compensate the client, if the complaint is justified. This becomes legally binding once it has been accepted by the customer, and the financial advisor and their firm must comply with the decision. Any distress, upset, inconvenience and hassle caused to the client during the dispute, will be accounted for when the Ombudsman fixes the level of compensation.

Book a Financial Advisor in Plymouth UK

Financial advice can be provided in Plymouth and also nearby in: Peverell, Lipson, Mutley, Camels Head, Keyham, Home Park, Plym Bridge, Hartley, North Prospect, Derriford, Devonport, Torpoint, Estover, Pomphey, Wembury, Bickleigh, as well as in these postcodes PL1 1PR, PL1 1PB, PL1 1SJ, PL1 1JU, PL1 2JB, PL1 1SD, PL1 1RQ, PL1 1HX, PL1 1WZ, PL1 2BE. Local Plymouth financial advisers will most likely have the telephone dialling code 01752 and the postcode PL1. Checking this will ensure that you are accessing locally based financial advisers. Plymouth property owners are able to benefit from these and lots of other related services.

Plymouth Financial Advice Services

Financial Advice Tasks Plymouth

There is a variety of services which are provided by your local Plymouth financial advisor including trusts Plymouth, familt controlled trusts, unit trusts in Plymouth, stakeholder pension advice, cheap financial advice in Plymouth, saving for children in Plymouth, trustee investment services in Plymouth, investment advice in Plymouth, investing an inheritance, inheritance tax planning, multi-asset portfolios in Plymouth, general financial planning, pension transfer advice, corporate financial planning in Plymouth, cashflow planning, annuities in Plymouth, income protection Plymouth, pension consolidation advice, equity release advice, annuity purchase, business protection Plymouth, financial advice services, pension drawdowns Plymouth, bridging finance, will writing services, personal pensions advice in Plymouth, financial analyst services, critical illness cover in Plymouth, ethical investments, life assurance, and lots more. Listed are just some of the duties that can be carried out by a financial advisor. Plymouth professionals will inform you of their full range of services.

A Financial Advisor's Regular Tasks

  • Providing education, consultation and counselling regarding finances and investments.
  • Recommending the financial products that are best-suited to customers.
  • Updating customers about their investments.
  • Producing detailed financial reports.
  • Working in collaboration with colleagues to collect market information, trends and statistics.
  • Negotiating with providers of financial products.
  • Meeting targets for sales and performance.
  • Keeping fully abreast of regulation changes and new financial products.
  • Speaking with customers regarding their finances and plans.
  • Keeping a record of customers and transactions.

Financial Advisors Near Plymouth

Also find: Lipson financial advisors, Devonport financial advisors, Home Park financial advisors, Mutley financial advisors, North Prospect financial advisors, Wembury financial advisors, Derriford financial advisors, Pomphey financial advisors, Plym Bridge financial advisors, Camels Head financial advisors, Bickleigh financial advisors, Keyham financial advisors, Peverell financial advisors, Estover financial advisors and more. Financial advisers are available for consultations in almost all of these villages and towns. Homeowners in these localities can make enquiries about financial advice by going here.

Plymouth Financial Advice Services

Find a Financial Advisor in Plymouth Here
Financial Advice Enquiries in Plymouth Devon (01752)
  • Plymouth Wealth Management
  • Plymouth Corporate Financial Advice
  • Plymouth Investment Advice
  • Plymouth Pension Advice
  • Plymouth Financial Services
  • Plymouth Tax Advice
  • Plymouth Inheritance Advice
  • Plymouth Retirement Planning
  • Plymouth Financial Advice Quotations
  • Plymouth Cashflow Analysis
  • Plymouth Estate Planning
  • Plymouth Cheap Financial Advice
  • Plymouth Mortgage Advice
  • Plymouth Trustee Investments

More Plymouth Services: Not surprisingly, whenever you are looking at your finances in Plymouth, Devon, you will probably be in need of all types of different services and aside from a financial advisor in Plymouth, Devon, you might also need tax preparation in Plymouth, property law & conveyancing in Plymouth, business consulting in Plymouth, investment advisors in Plymouth, solicitors in Plymouth, contracts lawyers in Plymouth, mortgage brokers in Plymouth, banruptcy lawyers in Plymouth, wills & probate in Plymouth, debt recovery & collection in Plymouth, accounting in Plymouth, estate planning in Plymouth, bookkeeping in Plymouth, payroll services in Plymouth, mortgage advice in Plymouth, family lawyers in Plymouth, business financial planning in Plymouth, and other different Plymouth experts.

Financial Advisor Jobs Plymouth: Browse financial adviser jobs near Plymouth here: Plymouth Financial Advisor Jobs

To read local Plymouth information go here

Independent financial advisor in PL1 area, (dialling code 01752).

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