Financial Advisor Southampton

Southampton Independent Financial Advice & Investment

Financial Advisor Southampton Hampshire (SO14): If you are seeking financial advice for the first time, trying to locate a first-rate financial advisor advisor in the Southampton area can be a quite daunting experience. Whether it is mortgage, investments, pensions or even insurance guidance that you're looking for, there's one common rule for all financial advisors; they all have to abide by Financial Conduct Authority regulations. This comes with some guarantees, therefore after taking advice from a FCA certified financial advisor in Southampton, you can seek recompense from the Financial Services Compensation Scheme or the Financial Ombudsman Scheme, if anything goes wrong.

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Recommendations from friends and neighbours can be a good starting point in picking a financial advisor in Southampton, but bear in mind that their situation may be different to what you're looking for. Any advice they provide should be personalised to your particular situation, and not every financial advisor is suitable for everybody. Selecting the right financial advisor is important and it pays to chat to at least 3 different firms so as to explore the options they can offer, and to find one that you feel comfortable with and can trust.

Financial Advisor Southampton Hampshire (SO14)

There are two main kinds of financial advisor in Southampton; restricted advisors and independent financial advisors. The advantage of using an independent financial advisor is that they won't be confined to the products or services of just one company, and can offer a wider range of options. Covering the entire spectrum of financial companies and products, independent financial advice must be given in a frank and unbiased way to clientele. Using an IFA should permit you to select from the broadest possible range of products. A restricted financial advisor may be limited to services and products from a specific company, or might even focus on a particular product, as can happen with a mortgage advisor.

Before any financial advisor in Southampton accepts you as a client, they're required by the FCA to tell you about their charges. Dependant upon the type of service you require, you could be charged a set fee, by the hour or perhaps even a specific percentage of your investment. To allow you to discuss your objectives and see if the advisor is suitable for your situation, you could be offered the possibility of a free preliminary consultation. If you go with one of the larger Southampton companies, your account could be managed by a team of advisors rather than just one person.

Financial Advisors Southampton UK (02380)

Before any advice is handed out you'll have to fill out a confidential disclosure document, known as a "Fact Find" form, which tells the advising firm about your financial situation and ambitions. You will also be handed an Initial Disclosure, or Key Facts Document, which provides details about the financial advisor, their status to offer independent or restricted advice and their scope of permissions in the financial arena. Your legal rights should also be spelled out in this document, in addition to the options you can take if you want to complain because you're not satisfied with the service provided. It should be written in plain language and outline what you are signing up for, and any potential benefits and risks should you elect to go along with the advice offered. This document should also inform you of the allowed cooling-off period. This enables you to cancel the agreement with your financial advisor within a specific number of days, and whenever any penalties are incurred.

The first time you are talking with the financial advisor ensure that you check what qualifications and experience they have. Don't be self-conscious about asking such questions, after all you're just about to entrust your financial future to their skill. A Level 4 qualification is the minimum certification for any Southampton financial advisor, and they must also be in a position to provide you with an annual Statement of Professional Standing. If your advisor's name doesn't appear on the Financial Services Register, you don't need to stress, the firm the individual works for will almost certainly be on the register and their staff are all covered by the regulations. The person may still offer financial guidance as opposed to advice, if these cannot be presented. Guidance is different to advice as it is not regulated, and if errors occur there may be no recourse to either party.

Financial Advisor Quotes in Southampton Hampshire

If it is investing money that you're interested in, your advisor will need to know the amount of risk you might be ready and able to accept with your hard-earned money. Many investments carry some element of risk, but higher risk investments may offer bigger rewards, but also more likelihood of losing some or all of your funds. Your savings aims should be taken into account if good quality financial and investment advice is to be given, i.e. short or long term investments, how rapidly you need to access your funds and how much money you want to invest. You should always ask yourself the one crucial question, how much money can you really afford to lose. This may well affect the services and products that you are offered, and is referred to as your 'capacity for loss'.

Financial Advice Near Southampton Hampshire

If you have already got any existing mortgages, savings, regular payments or investments, you should tell your financial advisor about these. This should give a clear picture of your financial situation, and without this the advice you're given will most likely not be the most appropriate for you. Smart financial advice should allow for diversifying your investments and savings by spreading the risk across a range of different products. In order to mirror your financial situation and your goals, a seasoned financial advisor in Southampton will have the knowledge of the best products to consider.

Communicating in the clearest possible way, your financial advisor will lay bare the complex world of investment and finance. You should be able to make an informed decision once you have learned about the various products and services that match your needs. You could even ask your advisor to only specify ethical savings and investment schemes. You will then be able to avoid firms that businesses meet your requirements, and instead lend your support to those companies and businesses that match your concerns, for example green energy or zero carbon.

Having constant interactions with your financial advisor in Southampton could cause problems with your work and other responsibilities. This can be reduced by supplementing one-on-one appointments with video conferencing and telephone, thus enabling you to seek the guidance you need at times that are convenient. Even if you rarely have a face-to-face meeting with your advisor, a professional financial advice firm in Southampton will have stringent measures in place to ensure your details are kept secure and confidential, because working from home and remote working is now a large part of our society.


You must always understand that the financial sector can be volatile, and investment values can just as easily drop as well as rise. It can be incredibly disheartening and worrying if your investment isn't making the amount of money you hoped for. A downward spiral in your investment is not seen as a basis for complaint, unless your financial advisor has given you misleading or incorrect information.

Independent Financial Advisor Near Southampton (SO14)

Any grievances should commence with the company's complaints procedure as laid out in the Key Facts Document. You can let the Financial Ombudsman know about the situation if it remains unsolved within the time-frame set by the regulating body, and the advisor is a member of the FCA.

After reviewing the cause for complaint, the Financial Ombudsman will make a ruling on the issue. If the complaint is found to be justified, a decision is made on how to rectify or financially compensate the client. Once agreed on by the client, the decision becomes legally binding, and the financial advisor and their firm must comply with it. The Ombudsman will also take into consideration any upset, trouble, distress and inconvenience caused to the client during the process, and fix the level of compensation proportionately.

Book a Financial Advisor in Southampton UK

Financial advice can be provided in Southampton and also in: Shirley, Sholing, Woolston, Weston, Warsash, Totton, Northam, Chapel, Hightown, Marchwood, Eastleigh, Swaythling, Ocean Village, Bitterne Park, West End, Hedge End, Freemantle, Millbrook, together with these postcodes SO14 0JN, SO14 0JR, SO14 0RA, SO14 0QQ, SO14 0FP, SO14 0RF, SO14 0EJ, SO14 0LU, SO14 0ND, SO14 0EH. Local Southampton financial advisers will probably have the postcode SO14 and the phone code 02380. Click on the "enquiry" banner to get details about financial advisors in your area.

Southampton Financial Advice Services

Financial Advice Tasks Southampton

There are a wide array of services that are provided by your local Southampton financial advisor including retirement planning, cheap financial advice, equity release advice, cashflow analysis Southampton, family income benefit, cash flow modelling, pension advice, corporate bonds, pension reviews, financial analyst services, general financial planning, investment advice, investment planning, pension drawdowns, ethical investment advice, business planning, life assurance advice, income protection Southampton, personal financial planning, annuities, independent financial advice, will writing services Southampton, mortgage services Southampton, unit trusts, bridging finance, and more.

Necessary Skills for a Financial Advisor

  • The ability to sell financial products and services.
  • To have good IT skills.
  • An excellent knowledge of economics and accounting associated with financial products and markets.
  • Excellent skills in customer service for identifying client requirements.
  • To have attentive listening and interpersonal skills.
  • To be able to network and build relationships with clients.
  • To pay attention to detail and be thorough.
  • Good business management skills for negotiating product rates.
  • An excellent level of math knowledge for creating financial strategies.
  • To be self-motivated and organised.
  • Outstanding skills in verbal communication.

Regular Tasks for a Financial Advisor

  • A financial advisor provides counselling, consultation and education with regards to investments and finances.
  • A financial advisor speaks to clients about their finances and plans.
  • A financial advisor updates customers concerning their investments.
  • A financial advisor works in conjuction with peers to obtain statistics, market information and trends.
  • A financial advisor keeps up to date with new financial products and regulation changes.
  • A financial advisor produces financial reports.
  • A financial advisor meets targets for sales and performance.
  • A financial advisor collaborates with financial product providers.
  • A financial advisor recommends the financial products that are best-suited to clients.
  • A financial advisor maintains detailed records of clients and transactions.

Financial Advisors Near Southampton

Also find: Woolston financial advisors, Marchwood financial advisors, Hedge End financial advisors, Eastleigh financial advisors, Weston financial advisors, Northam financial advisors, Sholing financial advisors, Swaythling financial advisors, Shirley financial advisors, Freemantle financial advisors, Bitterne Park financial advisors, Warsash financial advisors, Chapel financial advisors, Ocean Village financial advisors, Millbrook financial advisors, Hightown financial advisors, West End financial advisors, Totton financial advisors and more.

Southampton Financial Advice Services

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Financial Advice Enquiries in Southampton Hampshire (02380)
  • Southampton Inheritance Advice
  • Southampton Pension Advice
  • Southampton Corporate Financial Planning
  • Southampton Cheap Financial Advice
  • Southampton Trustee Investments
  • Southampton Wealth Management
  • Southampton Investment Advice
  • Southampton Retirement Advice
  • Southampton Cashflow Analysis
  • Southampton Financial Advice
  • Southampton Financial Advice Quotes
  • Southampton Life Insurance Advice
  • Southampton Estate Planning
  • Southampton Financial Services

Financial Advisors Around Southampton: Over the past 12 months financial advice was provided in the following Southampton streets: Taranto Road, Sandpiper Close, Abbeyfields Close, Sampan Close, Applewood, Taylor Close, The Fairway, Cheviot Crescent, Beaulieu Close, The Drove, Catherine Close, Acorn Drive, Bitterne Road, Thurmell Close, Dimond Hill, Amberwood Close, Blackdown, Testwood Lane, Bargate Level, Drake Close, The Parkway, Chancel Road, Sholing Road, Doyle Court, Bevan Close, Thornhill Park Road, Saxon Close, Adey Close, Chichester Close, Ambleside Gardens, and in these Hampshire postcodes: SO14 0JN, SO14 0JR, SO14 0RA, SO14 0QQ, SO14 0FP, SO14 0RF, SO14 0EJ, SO14 0LU, SO14 0ND, SO14 0EH.

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Southampton Financial Advisor Jobs: See financial advisor jobs near Southampton by clicking here: General Financial Advisor Jobs

Independent financial advisor in SO14 area, telephone code 02380.

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