Financial Advisor Rickmansworth

Rickmansworth Independent Financial Advice & Investment

Financial Advisor Rickmansworth Hertfordshire (WD3): It can be a challenging experience trying to locate a reliable independent financial advisor in Rickmansworth, in particular if it's the first time that you're seeking financial advice. Whether you are looking for pension, investments, mortgage or even insurance guidance, all professional financial advisors are bound by one common rule; they must all conform to the regulations laid down by the FCA (Financial Conduct Authority). This comes with certain guarantees, therefore after getting advice from a FCA registered financial advisor in Rickmansworth, you can seek reparation from the Financial Services Compensation Scheme or the Financial Ombudsman, if anything goes awry.

Free Rickmansworth Financial Advisor Quotes

A good starting point in choosing a financial advisor in Rickmansworth could be friends and relations, but remember that the kind of advice you are looking for might be somewhat different to theirs. Financial advice must be individually tailored to your unique situation, and you'll discover that some financial advisors might not be suitable for you. To check out the options they can provide and find a financial advisor you feel comfortable with and can trust, it is a good idea to speak to at least three different firms, because choosing a financial advisor is an important decision.

Financial Advisor Rickmansworth Hertfordshire (WD3)

Restricted advisors and independent financial advisors (IFA), are the two principal kinds of financial advisor in Rickmansworth. An IFA should not be confined to the products or services of a single provider. Independent financial advice should encompass the full spectrum of financial products and companies, and must be given in an unbiased way. This enables you to pick from the widest range of products to match your needs. A restricted financial advisor might be concerned with a single product, such as a mortgage advisor, or be limited to services and products from a single provider.

Before taking you on as a client, any Rickmansworth financial advisor must discuss their charges with you, as set out by the FCA. Although it can vary according to the kind of service or product you require, there could be a set fee, an hourly rate, or you could even be charged a proportion of what you're investing. To allow you to discuss your goals and see if the advisor is a good fit for your situation, you might be offered the chance of a free initial consultation. If you use one of the bigger Rickmansworth firms, your account may be managed by a team of advisors rather than a single individual.

Financial Advisors Rickmansworth UK (01923)

Before any financial advice is handed out you'll be required to fill in a confidential disclosure document, known as a "Fact Find" form, which tells the advising company about your financial situation and goals. You should also be handed an Initial Disclosure Document, or Key Facts Document, which provides information on the financial advisor, their situation for offering independent or restricted advice and their scope of permissions in the financial sector. If you aren't satisfied with the service, and wish to make a complaint, this document will also lay down your own rights and the options you can take. It should outline what you are committing yourself to, and any possible risks and benefits should you elect to accept the offered advice, and it must be written in plain language. This document must also tell you about the allowed cooling-off period. This allows you to cancel the contract within a certain time frame, and if any penalty charges have to be paid.

The first time you are talking with your financial advisor you need to check what qualifications and experience they have. You needn't be self-conscious about asking such questions, after all you are about to entrust your financial wellbeing to their skill. All financial advisors in Rickmansworth must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. When checking the Financial Services Register, don't freak out if your specific advisor's name doesn't show up on there; you should be able to find the firm name, and that means the legislation covers all of their staff. If they are unable to supply these accreditations, the individual cannot offer advice but only financial guidance. Guidance differs to advice as it isn't regulated, and if errors occur there will probably be no recourse to the client.

Financial Advisor Quotes in Rickmansworth Hertfordshire

You'll be asked the level of risk you are prepared to take on, if you are seeking advice on investing money. Many investments carry some degree of risk, but high risk investments may offer better rewards, and also more chance of losing your cash. Your savings aims should be carefully considered if good quality investment and financial advice is to be given, i.e. short or long term investments, how quickly you need to access your money and how much you wish to invest. One question you should ask yourself, which is usually overlooked, is just how much money you can afford to lose. This is called your 'capacity for loss' and could influence the products and services that may be offered to you.

Financial Advice Near Rickmansworth Hertfordshire

From the outset, it is important to let your financial advisor know about any mortgages, savings, regular outgoings or investments that you currently have. This will give a clear picture of your financial situation, and without this the advice you are given will most likely not be the most suitable for you. Spreading the risk load across various different products by diversifying your investments and savings, is something that sound financial advice should embrace. A competent financial advisor in Rickmansworth will have the knowledge of the best areas to consider, which mirror your financial situation and your goals.

Your financial advisor will try to communicate in as plain a speech as possible, while revealing the complex world of finance. You should be able to make an informed decision when you have compared the various services and products which match your needs. If environmental issues are important to you, you could perhaps ask that ethical savings and investment schemes take top priority. This allows you to lend support to enterprises and firms which match your concerns, e.g. zero carbon or green energy, or perhaps staying away from firms that don't meet your standards.

It isn't always easy to work closely with a financial advisor in Rickmansworth without this affecting your work life and other responsibilities. One-on-one meetings can be backed up with phone calls and video conferencing to enable you to get advice at times that suit you. Working from home and remote working is now a large part of our society, and any experienced financial advice provider in Rickmansworth will have rigorous measures in force to keep your details confidential and secure, even if you hardly ever have an in-person meeting with your advisor.


You must always keep in mind that the financial sector can be volatile, and investment values can just as easily go down as well as up. If your investment fails to make as much money as you hoped for, it can be incredibly worrying and disheartening. A downward trend in your investment is not seen as a basis for complaint, unless your advisor has supplied you with misleading or incorrect information.

Independent Financial Advisor Near Rickmansworth (WD3)

The company's complaints procedure should be the kick off point for any grievances, and the Key Facts Document should clarify this. If the problem remains unresolved within the time period laid down by the regulating body, and the advisor is a member of the FCA, you can inform the Financial Ombudsman.

After reviewing the cause of the complaint, the Financial Ombudsman will come to a decision on the issue. If it is found that the complaint is justifiable, a decision will be made on how the customer can be financially compensated. Once the decision has been agreed on by the customer it becomes a legally binding decision that the advisor and their company, must comply with. The Ombudsman will also account for any inconvenience, annoyance, trouble and distress caused to the customer during the situation, and fix the level of compensation proportionately.

Book a Financial Advisor in Rickmansworth UK

Financial advice can be provided in Rickmansworth and also in: Loudwater, Maple Cross, Sarratt, Harefield, Money Hill, Northwood, Chandlers Cross, Watford, Croxley Green, Batchworth, Holywell, Moor Park, Mill End, Northwood Hills, as well as in these postcodes WD3 1EH, WD3 0EJ, WD3 1HL, WD3 1HJ, WD3 0BN, WD3 0HS, WD3, WD3 0FA, WD3 1ER, WD3 0JH. Locally based Rickmansworth financial advisers will most likely have the postcode WD3 and the phone code 01923. Checking this out should confirm that you access locally based financial advisers. Rickmansworth home and business owners are able to benefit from these and lots of other related services.

The Daily Tasks for a Financial Advisor

  • Maintaining detailed records of potential customers and transactions.
  • Meeting performance and sales targets.
  • Recommending the best-suited financial products to customers.
  • Producing detailed financial reports.
  • Providing counselling, consultation and education regarding investments and finances.
  • Keeping up to date with new financial products and law changes.
  • Collaborating with financial product providers.
  • Working in collaboration with associates to obtain trends, statistics and market information.
  • Consistently updating clients about their investments.
  • Chatting with customers regarding their plans and finances.

Required Skills for Financial Advisors

  • An excellent level of mathematical knowledge for producing financial strategies.
  • To have the ability to network and establish solid relationships with clients.
  • To be organised and self-motivated.
  • Excellent customer service skills for identifying client requirements and needs.
  • A good knowledge and understanding of economics and accounting associated with financial markets and products.
  • Attentive listening skills.
  • To be confident in using a computer and the main software packages.
  • Excellent management skills for the negotiation of product rates.
  • Good skills in verbal communication.
  • To be thorough and pay attention to detail.
  • To be good at promoting services and products.

Rickmansworth Financial Advice Services

Financial Advice Tasks Rickmansworth

There are a wide range of services which are provided by your local Rickmansworth financial advisor including annuities, life insurance advice, personal pensions, pensions in divorce, financial analyst services, familt controlled trusts in Rickmansworth, multi-asset portfolios Rickmansworth, trusts, financial advice services in Rickmansworth, general financial planning, income protection advice, business financial planning, mutual funds, death benefits, unit trusts, pension drawdowns, cash flow modelling in Rickmansworth, retirement advice, stakeholder pension advice Rickmansworth, investment planning in Rickmansworth, investment bonds, trustee investment services, life assurance advice Rickmansworth, family income benefit Rickmansworth, tax planning, business protection, ethical investments, pension consolidation advice in Rickmansworth, will writing services, annuity purchases, and more. These are just some of the tasks that can be handled by a financial advisor. Rickmansworth professionals will tell you about their full range of financial services.


Financial Advisors Near Rickmansworth

Also find: Jordans financial advisors, Batchworth financial advisors, Dibden Hill financial advisors, Mill End financial advisors, Maple Cross financial advisors, Chandlers Cross financial advisors, Butler's Cross financial advisors, Loudwater financial advisors, Money Hill financial advisors, Sarratt financial advisors, Holywell financial advisors and more. The majority of these locations are catered for by local financial advisors. Homeowners in the region can make enquiries about financial advice by going here.

Rickmansworth Financial Advice Services

Find a Financial Advisor in Rickmansworth Here
Financial Advice Enquiries in Rickmansworth Hertfordshire (01923)
  • Rickmansworth Pension Advice
  • Rickmansworth Estate Planning
  • Rickmansworth Financial Advice Quotations
  • Rickmansworth Tax Advice
  • Rickmansworth Wealth Management
  • Rickmansworth Investment Advice
  • Rickmansworth Financial Services
  • Rickmansworth Corporate Financial Advice
  • Rickmansworth Cheap Financial Advice
  • Rickmansworth Inheritance Advice
  • Rickmansworth Life Insurance Advice
  • Rickmansworth Independent Financial Advice
  • Rickmansworth Mortgage Advice
  • Rickmansworth Retirement Advice

If you would like to get local information relating to Rickmansworth, Hertfordshire check here

Financial Adviser Jobs Rickmansworth: See financial adviser jobs in Rickmansworth by going here: Financial Advisor Jobs Rickmansworth

Independent financial advisor in WD3 area, 01923.

TOP - Financial Advisor Rickmansworth

Financial Advice Quotes Rickmansworth - Financial Advisors Rickmansworth - Personal Financial Advice Rickmansworth - Cheap Financial Advice Rickmansworth - Mortgage Advice Rickmansworth - Financial Advisor Rickmansworth - Financial Advisers Rickmansworth - Business Financial Advisors Rickmansworth - Investment Advice Rickmansworth


(This financial advisor Rickmansworth content was last updated on 20-02-2024)