Financial Advisor Romiley

Romiley Independent Financial Advice & Investment

Financial Advisor Romiley Greater Manchester (SK6): Finding a decent independent financial advisor in the Romiley area can be an intimidating experience, especially if you're needing financial advice for the first time. Whether it is mortgage, pension, investment or even insurance guidance that you are after, there is one common rule for all financial advisors; they must all comply with FCA (Financial Conduct Authority) regulations. Any advice given through a FCA certified financial advisor in Romiley comes with certain guarantees that if things go awry, you can get in touch with the Financial Services Compensation Scheme or the Financial Ombudsman.

Free Romiley Financial Advisor Quotes

When choosing a financial advisor in Romiley, a good starting point could be friends and relations, but you must remember that your circumstances might not be in line with theirs, and you might be in need of a different type of advice. Their advice needs to be tailored to your particular situation, and every financial advisor isn't suitable for everyone. It pays to speak with at least 3 different firms when you are choosing a financial advisor, as this is a major decision, and you need to find one that you feel comfortable with and can trust, and at the same time explore the options they offer.

Financial Advisor Romiley Greater Manchester (SK6)

There are 2 principal types of financial advisor in Romiley; restricted advisors and independent financial advisors. An IFA won't be confined to the services or products of a single provider. Independent financial advice must be given in an impartial and unbiased way and should cover the full spectrum of financial companies and products. If you opt to use an IFA, you'll be able to pick from the broadest possible array of services, in order to find the right solution for your needs. A restricted financial advisor could be limited to products and services from a single provider, or might even focus on a particular product, as can be the case with a mortgage advisor.

The Financial Conduct Authority requires that any financial advisor in Romiley must tell you about their charges, before taking you on as a client. Although it varies based on the kind of service or product you require, there could be an hourly rate, a set fee, or you might even be charged a slice of what you are investing. To enable you to discuss your goals and see if the advisor is the proper choice for you and your circumstances, you will sometimes be offered a free initial consultation. Your account may be handled by a team as opposed to a single advisor, if you opt to use one of the larger companies in Romiley.

Financial Advisors Romiley UK (0161)

To summarise your financial situation and desired goals to the advising company, you will have to fill in a "Fact Find" document, which is a confidential disclosure form. You will also be handed a Key Facts Document, or Initial Disclosure Document, which gives you information on the financial advisor, their status to offer restricted or independent advice and the extent of their permissions in the financial arena. Your own legal rights should also be laid out in this document, together with your options if you wish to complain because you aren't happy with the service you're given. It should describe exactly what you are signing up for, and any possible risks and benefits that exist should you choose to accept the advice offered, and it has to be laid out in plain language. The allowed cooling-off period should also be fully explained in this document. This makes it possible for you to cancel your agreement within a certain time period, and whenever any penalty charges have to be paid.

Ensure that you check the experience and qualifications of the financial advisor when you first speak with them. After all you are on the verge of entrusting your financial wellbeing to their skill, so you should never be self-conscious about asking such questions. A Level 4 qualification in financial advice is the minimum required certification for any Romiley financial advisor, and they must also be able to present you with an annual Statement of Professional Standing. If the advisor's name doesn't show up on the Financial Services Register, you don't need to panic, the firm the individual works for should be found on the register and their staff will be covered by the legislation. The individual may still offer financial guidance instead of advice, if these can't be presented. Guidance differs to advice as it isn't regulated, and if mistakes occur there will likely be no recourse to either party.

Financial Advisor Quotes in Romiley Greater Manchester

If it is investing money that you're interested in, your advisor will want to know the amount of risk you might be willing and able to accept with your hard-earned cash. Most investments carry some degree of risk, but high risk investments could potentially offer substantial rewards, but also more likelihood of losing your cash. In order to get the most beneficial investment and financial advice, your savings objectives will need to be taken into account, i.e. how much you have to invest, how rapidly you need access to your money and short or long term investments. "How much money can you afford to lose?" Is the one crucial question that you really need to ask yourself. Generally known as your capacity for loss, this will most likely affect the services and products that you're offered.

Financial Advice Near Romiley Greater Manchester

You need to tell your financial advisor about your current mortgage loans, regular outgoing payments, investments or savings. To make certain that you get the best advice for you, they need a full and clear picture of your financial circumstances. Spreading the risk across different products through the diversification of your investments and savings, is something that good financial advice should encompass. An experienced financial advisor in Romiley will be aware of the best areas to consider, which mirror your goals and your financial situation.

Your financial advisor will attempt to communicate in as plain a speech as possible, while throwing open the multifaceted world of finance. This will enable you to compare services and products which match your needs, and come to an informed decision. You could ask your advisor only to include ethical savings and investment schemes. This not only provides you with investment possibilities, but also enables you to support zero carbon or renewable energy projects, and avoid companies and businesses that do not share the same values that you do.

It is not that easy to work closely with a financial advisor in Romiley without this affecting work and other commitments. This can be alleviated by augmenting one-on-one appointments with video conferencing and phone calls, therefore allowing you to get the guidance you need at times that are convenient. Any competent financial advice firm in Romiley will have rigorous measures in force to ensure your details are kept secure and confidential, even if you never have a one-on-one meeting with your personal advisor, because remote and home working is no longer unusual.


You must always bear in mind that the financial world is an unpredictable sector, and investment values could just as easily go down as well as up. If your investment is not making as much money as you were hoping for, it can be very disheartening and stressful. However, except if it's down to incorrect or misleading information from your financial advisor, your investment having a downward trend is not a recognised grounds for complaint.

Independent Financial Advisor Near Romiley (SK6)

As described in the Key Facts Document, any complaints should begin with the firm's official complaints procedure. You can inform the Financial Ombudsman of the situation if it is unsolved within the timeframe set out by the regulating body, and your advisor is registered with the Financial Conduct Authority.

The Financial Ombudsman will independently review the cause for complaint and come to a decision. A decision is made on how to financially compensate the client, if the complaint is upheld. On acceptance by the customer, the ruling will become legally binding, and the financial advisor and their firm must comply with it. The Ombudsman will also consider any distress, annoyance, trouble and inconvenience caused to the customer during the situation, and set the level of compensation accordingly.

Book a Financial Advisor in Romiley UK

Financial advice can be provided in Romiley and also in nearby places like: Broadbottom, Stockport, Offerton, Marple, Denton, Cherry Tree, Heaton Moor, Strines, Hazel Grove, Heaton Chapel, Greave, Chisworth, Reddish, Marple Bridge, Compstall, Woodley, Mellor, Bredbury, and in these postcodes SK6 2LQ, SK6 3EY, SK6 4DL, SK6 3BT, SK6 4AP, SK14 3AY, SK6 3AU, SK6 3JP, SK6 3HU, SK6 3BA. Locally based Romiley financial advisors will likely have the postcode SK6 and the telephone dialling code 0161. Checking this out should make certain that you access local financial advisers. Romiley homeowners can utilise these and countless other related services. Simply click the "enquiry" form or banner to get info on financial advisors in your location.

Pension Planning

Vital for a secure retirement is pension planning. Significant improvements to this process can result from engaging the services of a financial advisor. Your current financial situation will be assessed by an experienced advisor, understanding your retirement goals and designing a personalised pension solution. They navigate the intricacies of UK pension alternatives, such as the State Pension, workplace pensions, and self-invested personal pensions. To make informed decisions about investment choices, contributions and tax implications, you can take full advantage of their expertise. The creation of a solid pension plan, providing financial stability and peace of mind for your future, is a result of working with a financial advisor in Romiley.

The State Pension is a key component of UK pension planning, as it provides a basic level of retirement income that is guaranteed by the government. The number of National Insurance contributions you make over your working life will typically determine how much State Pension you will receive. The changes to the number of qualifying years and the State Pension age have made it essential to understand the intricacies of this scheme. (42316)

Romiley Financial Advice Services

Financial Advice Tasks Romiley

There are a number of different services which can be provided by your local Romiley financial advisor including life insurance, corporate financial planning, will writing services in Romiley, multi-asset portfolios in Romiley, annuities, investment consolidation advice, retirement planning in Romiley, income protection, ethical investments, mortgage financial planning, cashflow analysis in Romiley, portfolio management, pension transfers, mutual funds, tax financial planning in Romiley, wealth management, cash flow modelling, savings advice, personal protection, inheritance tax planning, life assurance, independent financial advice, financial analyst services, familt controlled trusts, ISA's in Romiley, personal pensions, unit trusts, financial planning, bereavement benefit advice, critical illness cover in Romiley, and more. Listed are just an example of the activities that can be undertaken by a financial advisor. Romiley professionals will tell you about their entire range of financial services.

Everyday Duties for a Financial Advisor

  • A financial advisor meets performance and sales targets.
  • A financial advisor maintains detailed records of potential clients and transactions.
  • A financial advisor works with associates to collect statistics, market information and trends.
  • A financial advisor produces in-depth financial reports.
  • A financial advisor researches financial products and explains them simply and clearly to customers.
  • A financial advisor keeps fully abreast of new financial products and legislation changes.
  • A financial advisor thrashes out advantageous deals with with providers of financial products.
  • A financial advisor regularly updates clients about their investments.
  • A financial advisor provides consultation, counselling and education with regards to finances and investments.
  • A financial advisor talks to customers about their finances and plans.

Financial Advisors Near Romiley

Also find: Mellor financial advisors, Broadbottom financial advisors, Cherry Tree financial advisors, Chisworth financial advisors, Compstall financial advisors, Reddish financial advisors, Heaton Chapel financial advisors, Greave financial advisors, Strines financial advisors, Offerton financial advisors, Heaton Moor financial advisors and more. Those who are looking for financial advice, will discover that these types of services are readily available in the majority of these places. Home and business owners in the region can make enquiries about financial advice by clicking here.

Romiley Financial Advice Services

Find a Financial Advisor in Romiley Here
Financial Advice Enquiries in Romiley Greater Manchester (0161)
  • Romiley Cashflow Analysis
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  • Romiley Wealth Management
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  • Romiley Tax Advice
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  • Romiley Pension Advice
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  • Romiley Retirement Planning
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More Romiley Services: Obviously, whenever you're looking at your finances in Romiley, Greater Manchester, you will likely need all sorts of different services and along with a financial advisor in Romiley, Greater Manchester, you may additionally need wills & probate in Romiley, solicitors in Romiley, business financial planning in Romiley, contracts lawyers in Romiley, property law & conveyancing in Romiley, mortgage brokers in Romiley, payroll services in Romiley, estate planning in Romiley, bookkeeping in Romiley, mortgage advice in Romiley, family lawyers in Romiley, debt recovery & collection in Romiley, banruptcy lawyers in Romiley, investment advisors in Romiley, business consulting in Romiley, accountants in Romiley, tax preparation in Romiley, and other different Romiley experts.

To obtain local info regarding Romiley, Greater Manchester go here

Independent financial advisor in SK6 area, 0161.

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(This financial advisor Romiley page was reviewed and updated on 20-02-2024)