Financial Advisor Prescot

Prescot Independent Financial Advice & Investment

Financial Advisor Prescot Merseyside (L34): It can be an intimidating experience trying to locate a first-rate independent financial advisor in the Prescot area, in particular if it's the very first time that you are seeking financial advice. Whether you're searching for investment, mortgage, pensions or even insurance advice, all qualified financial advisors have one thing in common; they must all observe the regulations set by the Financial Conduct Authority (FCA). This comes with various guarantees, so after taking advice from a FCA approved financial advisor in Prescot, you can seek recompense from the Financial Ombudsman or the Financial Services Compensation Scheme, if something should go awry.

Free Prescot Financial Advisor Quotes

When selecting a financial advisor in Prescot, a good starting point could be friends and relations, but you must remember that your circumstances may not be the same as theirs, and you might need a different kind of advice. Financial advice should be specifically tailored to your particular situation, and you'll find that some financial advisors might not be appropriate for your requirements. To investigate the options that they are offering and find a financial advisor you can trust and feel at ease with, it is wise to speak to at least 3 different companies, because after all selecting a financial advisor is an important decision.

Financial Advisor Prescot Merseyside (L34)

There are two principal types of financial advisor in Prescot; independent financial advisors (IFA) and restricted advisors. The good thing about seeing an IFA is that they should not be restricted to just one provider's services and products, and can offer a more diverse range of options. Independent financial advice must be offered in an impartial and unbiased way and should cover the whole spectrum of financial companies and products. This will permit you to choose from the widest range of services to suit your needs. A restricted financial advisor could be focused on a single product, as with a mortgage advisor, or be limited to products and services from one particular firm.

Before any financial advisor in Prescot takes you on as a client, they're required by the FCA to be transparent about their charges. You could be charged by the hour, a set fee or even a percentage of your investment value, based upon kind of services you are looking for. To discuss your objectives and see if the advisor is a right fit for you and your situation, you might be offered a free preliminary consultation. If you go to one of the larger Prescot firms, your account may be handled by a team of advisors rather than a single individual.

Financial Advisors Prescot UK (0151)

Before any actual advice is handed out you'll need to fill out a confidential disclosure form, known as a "Fact Find" document, which tells the advising company about your targets and financial situation. A Key Facts or Initial Disclosure Document will also be handed to you, providing information on the financial advisors themselves, outlining the extent of their permissions in the financial sector and their status to offer independent or restricted advice. If you aren't happy with the service provided, and wish to submit a complaint, this document should also lay out your legal rights and your options. It must be simple to understand, written in plain language, and explain exactly what you're committing yourself to, together with the benefits and risks of going along with the advice. The cooling-off period should also be spelled out in this document. This makes it possible for you to change your mind within a specific period of time, and cancel the contract with your financial advisor.

The very first time you are talking with the financial advisor you'll want to check what experience and qualifications they have. After all you are on the verge of entrusting your financial wellbeing to their expertise, so you must not be self-conscious about asking these questions. Every Prescot financial advisor must present an annual Statement of Professional Standing, and must hold at least a Level 4 qualification. When checking the Financial Services Register, you should not freak out if your specific advisor's name doesn't show up on there; you should be able to locate the company name, and this means that the regulations covers all of their employees. If they're not able to supply this evidence, the person can't offer advice but only financial guidance. In financial terms guidance is different to advice and is not regulated. Therefore there's no recourse for the client if financial mistakes arise.

Financial Advisor Quotes in Prescot Merseyside

If you are needing advice on investing money you will be asked the amount of risk you are ready and able to take. Higher risk investments may offer substantial rewards, however some or all of your cash could be lost. The best financial and investment advice should take into account your savings aims, i.e. how much you wish to invest, how quickly you need access to your money and long or short term investments. You should invariably ask yourself the one important question, how much can you actually afford to lose. This could influence the products and services that could be offered for your consideration, and is known as your 'capacity for loss'.

Financial Advice Near Prescot Merseyside

If you have already got any existing mortgage loans, investments, personal savings or regular outgoing payments, you need to tell your financial advisor about these. To ensure that you receive the most suitable advice for you, they need to gather a full and clear picture of your financial situation. Spreading the risk load across various products through the diversification of your savings and investments, is something that smart financial advice should embrace. Having an understanding of the best areas to consider, a certified financial advisor will focus attention on products that most closely fit in with your goals and financial situation.

Communicating in in the simplest terms possible, your financial advisor will unveil the multifaceted world of finance and investment. After learning about the services and products which match your needs, you should be in a position to make an informed and considered decision. If the environment is at the forefront of your mind, you could maybe ask that ethical savings and investments take top priority. This not only provides you with investment opportunities, but also enables you to support zero carbon or renewable energy projects, and stay away from companies that do not share the same values as you.

It could prove hard to manage work and other responsibilities around a close working relationship with your financial advisor in Prescot. This can be alleviated by supplementing face-to-face meetings with phone calls and video conferencing, thus allowing you to get the advice you need at a convenient time. Even if you hardly ever have an in-person meeting with your advisor, an established financial advice firm in Prescot will have strict measures in place to ensure your details are kept secure and confidential, because home and remote working is now commonplace.


Investments can go down as easily as they can go up, as the financial world can be unpredictable. It can be incredibly demoralising and stressful if your investment is not making as much money as you were hoping for. A downward trend in your investment is not seen as a grounds for complaint, unless your advisor has supplied you with incorrect or misleading information.

Independent Financial Advisor Near Prescot (L34)

As described in the Key Facts Document, any complaints should begin with the firm's complaints procedure. If the advisor is a member of the FCA, you can inform the Financial Ombudsman of the problem if it is unsolved within the period laid down by the regulating authority.

The Financial Ombudsman will look into the cause for complaint and come to a decision. A decision is made on how to rectify the situation or financially compensate the client, if the complaint is upheld. This will become legally binding once it has been accepted by the customer, and the advisor and their firm must comply with the decision. Any compensation fixed by the Ombudsman will also account for any trouble, distress, inconvenience and upset caused to the customer during the situation.

Book a Financial Advisor in Prescot UK

Financial advice can be provided in Prescot and also nearby in: Knowsley Park, Tarbock, Saint Helens, Woolfall Heath, Whiston Cross, Huyton, Rainhill Stoops, Liverpool, Thatto Heath, West Park, Page Moss, Whiston, Eccleston Lane Ends, Eccleston, Gillars Green, as well as in these postcodes L34 3LW, L34 1NQ, L34 1ND, L34 2QD, L34 3LT, L34 3LZ, L34 3LF, L34 2WR, L34 1LJ, L34 1LH. Locally based Prescot financial advisors will likely have the postcode L34 and the dialling code 0151. Checking this out can make sure that you are accessing local financial advisers. Prescot householders can benefit from these and many other comparable services.

Pension Planning

A secure retirement is achieved through the crucial process of pension planning. Engaging a financial advisor's services can significantly improve this process. Assessing your current financial situation and understanding your retirement goals, a competent advisor will design a customised pension strategy. They navigate the intricacies of the UK's pension alternatives, which involve the state pension, workplace pensions, and SIPPs (self-invested personal pensions). Informed decisions about investment choices, tax implications and contributions can be accomplished through leveraging their expertise. Working with a financial advisor in Prescot ensures that your future is secured with a solid pension plan, offering financial stability and peace of mind.

The UK pension system is centered on the State Pension, a government-backed scheme that provides a standard level of retirement income. A person's National Insurance contributions over their working life normally determine their eligibility for the State Pension. However, the changes to the number of qualifying years and the State Pension age have made it more important than ever to understand the intricacies of this scheme. (42316)

Prescot Financial Advice Services

Financial Advice Tasks Prescot

There are a wide range of services that can be provided by your local Prescot financial advisor including financial services Prescot, money planning in Prescot, family income benefit, personal pensions in Prescot, cheap financial advice in Prescot, personal protection in Prescot, equity release advice, critical illness cover in Prescot, business protection in Prescot, personal financial planning in Prescot, mortgage advice Prescot, wealth management in Prescot, long term care fee advice, life assurance advice, pension advice Prescot, retirement plans, general financial planning in Prescot, investment consolidation advice, mutual funds, bereavement benefit advice, corporate bonds, pension plans, multi-asset portfolios, will writing services, trustee investment services, income protection advice, saving for children, investment bonds, independent financial advice, cashflow planning, and lots more. Listed are just some of the activities that can be conducted by a financial advisor. Prescot professionals will tell you about their full range of financial services.

The Necessary Skills to be Financial Advisors

  • To pay attention to detail and be thorough.
  • To have the ability to listen attentively
  • Good skills in verbal communication.
  • An excellent level of maths knowledge for producing financial strategies.
  • To be able to network and build solid relationships with clients.
  • An excellent knowledge of accounting and economics associated with financial products and markets.
  • To be good at selling services and products.
  • To have excellent time management skills.
  • Excellent management skills for negotiating product fees.
  • To have excellent IT skills.
  • Effective customer service skills for determining customer requirements and needs.

Financial Advisors Near Prescot

Also find: Page Moss financial advisors, Woolfall Heath financial advisors, Windle financial advisors, Cronton financial advisors, West Park financial advisors, Town End financial advisors, Saint Helens financial advisors, Netherley financial advisors, Tarbock financial advisors, Thatto Heath financial advisors, Gillar's Green financial advisors and more. Anyone who is searching for financial advice, will find that these types of services are readily available in almost all of these towns and villages. Householders in these areas can make enquiries about financial advice by going here.

Prescot Financial Advice Services

Find a Financial Advisor in Prescot Here
Financial Advice Enquiries in Prescot Merseyside (0151)
  • Prescot Financial Advice Quotes
  • Prescot Estate Planning
  • Prescot Inheritance Advice
  • Prescot Tax Advice
  • Prescot Mortgage Advice
  • Prescot Cheap Financial Advice
  • Prescot Financial Advice
  • Prescot Retirement Advice
  • Prescot Investment Advice
  • Prescot Pension Advice
  • Prescot Trustee Investments
  • Prescot Cashflow Analysis
  • Prescot Life Insurance Advice
  • Prescot Financial Services

More Prescot Services: Obviously, when you happen to be looking at your finances in Prescot, Merseyside, you will probably be in need of all kinds of different services and as well as a financial advisor in Prescot, Merseyside, you may additionally need payroll services in Prescot, tax preparation in Prescot, property law & conveyancing in Prescot, family lawyers in Prescot, mortgage advice in Prescot, business consulting in Prescot, mortgage brokers in Prescot, estate planning in Prescot, contracts lawyers in Prescot, banruptcy lawyers in Prescot, investment advisors in Prescot, solicitors in Prescot, will writing in Prescot, bookkeepers in Prescot, debt recovery & collection in Prescot, business financial planning in Prescot, accounting in Prescot, and other different Prescot experts.

For the latest local information on Prescot, Merseyside look here

Independent financial advisor in L34 area, telephone code 0151.

TOP - Financial Advisor Prescot

Independent Financial Advisor Prescot - Pension Advice Prescot - Independent Financial Advice Prescot - Financial Advisers Prescot - Personal Financial Advisors Prescot - Cheap Financial Advice Prescot - Investment Advice Prescot - Financial Advisor Near Prescot - Financial Advisers Prescot


(This financial advisor Prescot information was checked and updated on 20-02-2024)