Financial Advisor Taunton

Taunton Independent Financial Advice & Investment

Financial Advisor Taunton Somerset (TA1): If you are in search of financial advice for the first time, trying to find a reliable independent financial advisor in Taunton can be an intimidating experience. Whether it is investments, pensions, mortgage or even insurance guidance that you are searching for, there's one common rule for all qualified financial advisors; they must all adhere to Financial Conduct Authority regulations. This comes with certain guarantees, therefore after taking advice from a FCA registered financial advisor in Taunton, you can seek recompense from the Financial Services Compensation Scheme or the Financial Ombudsman, if anything goes wrong.

Free Taunton Financial Advisor Quotes

Friends and neighbours recommendations can be a decent starting place in choosing a financial advisor in Taunton, but keep in mind that their situation could be different to the sort of advice you are looking for. Every financial advisor isn't suitable for everyone, and any advice they provide needs to be adapted to your specific circumstances. To explore the various options they can provide and find a financial advisor you can trust and feel comfortable with, it pays to chat to at least 3 different firms, because picking a financial advisor is an important decision.

Financial Advisor Taunton Somerset (TA1)

Restricted advisors and independent financial advisors (IFA), are the 2 principal types of financial advisor in Taunton. An IFA will not be confined to a single company's services and products. Independent financial advice should be provided in an unbiased way and across the whole spectrum of financial companies and products. This will allow you to choose from the widest range of products to match your needs. A restricted advisor may be focused on a single product, as with a mortgage advisor, or be restricted to services and products from a single provider.

Before any financial advisor in Taunton accepts you as a client, they're required by the FCA to be transparent about their charges. Although it can vary depending on the kind of product you're looking for, there may be an hourly rate, a set fee, or you may even be charged a specific percentage of what you are investing. To enable you to discuss your aims and find out if the advisor is a good fit for your situation, a free preliminary consultation could be offered. In some of the larger Taunton firms, you might find that your account is being handled by a team rather than an individual advisor.

Financial Advisors Taunton UK (01823)

You will have to fill in a "Fact Find" document, which is a confidential disclosure form relating your financial situation and goals to the advising firm. A Key Facts or Initial Disclosure Document will also be handed to you, to provide information regarding the financial advisors themselves, detailing their range of permissions in the financial arena and their situation for offering independent or restricted advice. Your rights should also be set out in this document, in addition to the possible options you can take if you wish to complain because you're not happy with the service provided. It should outline precisely what you are signing up for, and any possible benefits and risks should you opt to accept the advice offered, and it has to be set down in clear language. The level of cooling-off period should also be spelled out in this document. Within a specific number of days, this allows you to cancel your contract with the financial advisor.

The first time you are speaking to the financial advisor you need to check what experience and qualifications they have. Do not be embarrassed about asking these questions, after all you are on the verge of entrusting your financial wellbeing to their skill. A Level 4 qualification is the minimum required certification for any Taunton financial advisor, and they must also be able to present an annual Statement of Professional Standing. Don't stress if your particular advisor's name does not show up on the Financial Services Register, so long as the company is on the register, their staff are covered by the regulations. The person may still offer financial guidance as opposed to advice, if these cannot be presented. Guidance isn't subject to regulations in the same way as financial advice, which means that if errors arise neither party will have any recourse.

Financial Advisor Quotes in Taunton Somerset

If it is investing money that you are interested in, the advisor will ask you about the level of risk you might be prepared to accept with your hard-earned money. Most investments carry some element of risk, but higher risk investments could potentially offer higher rewards, and also more chance of losing your money. Decent financial and investment advice should take into account your savings goals, i.e. how rapidly you need access to your money, short or long term investments and how much you have to invest. You must invariably ask yourself the one important question, how much money can you actually afford to lose. This might affect the products and services that could be offered for your consideration, and is commonly called your 'capacity for loss'.

Financial Advice Near Taunton Somerset

You will need to tell your financial advisor about any current savings accounts, mortgages, investments or regular outgoings. To make certain that you get the most suitable advice for you, they need a full and clear picture of your financial circumstances. The diversification of your savings and investments by spreading the risk load across a range of different products, is a vital part of good quality financial advice. In order to match your goals and financial circumstances, a qualified financial advisor in Taunton will be aware of the best products to consider.

Communicating in the clearest way possible, your financial advisor will reveal the complex world of finance and investment. After comparing the various products and services which meet your needs, you should be in a position to come to an informed and intelligent decision. If you're mind is firmly on the environment, you can maybe ask your financial advisor to stick to ethical savings and investment schemes. This will allow you to lend support to enterprises and companies which address your concerns, e.g. green energy or zero carbon, or perhaps steering clear of businesses that don't meet your requirements.

It may prove tricky to manage your work day and other commitments around working closely with a financial advisor in Taunton. This can be alleviated by augmenting face-to-face appointments with telephone and video conferencing, thus enabling you to seek the guidance you need at a convenient time. Working from home and remote working is now commonplace, and a competent financial advice provider in Taunton will have stringent measures in force to keep your details confidential and secure, even if you rarely have a one-on-one meeting with your personal advisor.


Investments can easily go down as well as up, since the financial world can be unpredictable. If your investment isn't making the amount of money you hoped for, it can be quite disheartening and stressful. Regrettably, a downward trend in your investment is not a recognised grounds for complaint, unless it is because of incorrect or misleading information from your advisor.

Independent Financial Advisor Near Taunton (TA1)

Any disputes should begin with the firm's official complaints procedure as laid out in the Key Facts Document. You can let the Financial Ombudsman know about the issue if it is unsolved within the timeframe laid down by the regulating authority, and the financial advisor is registered with the Financial Conduct Authority.

The Financial Ombudsman will look into the cause of the complaint and make a ruling. If it is established that the complaint is justifiable, a decision will be made on how the customer can be compensated. The advisor and their firm must comply with any ruling that's made, which becomes legally binding as soon as the client has accepted it. Any distress, inconvenience, annoyance and trouble caused to the client during the dispute, will be accounted for when the Financial Ombudsman sets the level of compensation.

Book a Financial Advisor in Taunton UK

Financial advice can be provided in Taunton and also in: Trull, Ruishton, Lambrook, Galmington, Bradford-on-Tone, Holway, Bishops Hull, Henlade, Staplegrove, Creech St Michael, Priorswood, Norton Fitzwarren, Bathpool, Obridge, Monkton Heathfield, together with these postcodes TA1 1LJ, TA1 1DB, TA1 1HN, TA1 1EH, TA1 1DF, TA1 1HD, TA1 1AJ, TA1 1TA, TA1 1HX, TA1 1JT. Locally based Taunton financial advisers will likely have the telephone code 01823 and the postcode TA1.

Taunton Financial Advice Services

Financial Advice Tasks Taunton

There is a wide range of services which are provided by your local Taunton financial advisor including trustee investment services, bridging finance Taunton, tax financial planning, business planning Taunton, pension consolidation advice, long term care fee planning in Taunton, portfolio management Taunton, wealth management & investments, pension planning, financial advice services, annuities, life insurance in Taunton, investment planning Taunton, unit trusts Taunton, annuity purchase, general financial planning in Taunton, stakeholder pension advice Taunton, ISA's, divorce financial planning, family income benefit, corporate financial planning, personal financial planning, ethical investment advice in Taunton, mutual funds in Taunton, income protection Taunton, and lots more.

Required Skills for a Financial Advisor

  • An excellent level of numeracy for building financial packages.
  • To be capable of using a computer and the main software.
  • An excellent understanding of accounting and economics with regard to financial products and markets.
  • To be good at selling financial products and services.
  • To have a flexible approach to work.
  • Excellent skills in verbal communication.
  • To pay attention to detail and be thorough.
  • Excellent management skills for the negotiation of product rates.
  • To have the ability to listen attentively
  • Excellent customer service skills for finding out customer requirements and needs.
  • To have the ability to network and establish solid relationships with customers.

Financial Advisors Near Taunton

Also find: Lambrook financial advisors, Bathpool financial advisors, Holway financial advisors, Galmington financial advisors, Bradford-on-Tone financial advisors, Priorswood financial advisors, Creech St Michael financial advisors, Norton Fitzwarren financial advisors, Henlade financial advisors, Obridge financial advisors, Staplegrove financial advisors, Trull financial advisors, Monkton Heathfield financial advisors, Ruishton financial advisors, Bishops Hull financial advisors and more.

Taunton Financial Advice Services

Find a Financial Advisor in Taunton Here
Financial Advice Enquiries in Taunton Somerset (01823)
  • Taunton Wealth Management
  • Taunton Independent Financial Advice
  • Taunton Inheritance Advice
  • Taunton Financial Advice Quotations
  • Taunton Corporate Financial Advice
  • Taunton Estate Planning
  • Taunton Financial Services
  • Taunton Pension Advice
  • Taunton Mortgage Advice
  • Taunton Cheap Financial Advice
  • Taunton Cashflow Analysis
  • Taunton Tax Advice
  • Taunton Retirement Planning
  • Taunton Trustee Investments

Financial Advisors Around Taunton: Households in Dunkleys Way, Barton Hey, Staplehay, Thomas Street, Chelmer Close, Burnshill Terrace, Torridge Mead, Cromwell Road, Crown Walk, Style Road, Avon Close, Cheapside, Addison Grove, Staple, The Pound, Trendle Lane, Berwick Close, Denning Close, Coronation Close, Sawyers Leigh, Bircham Road, Tyne Park, Trinity Street, Bramley Road, Burnshill Drive, Blenheim Road, Swingbridge, Drakes Close, Trull Green Drive, Croford, have needed financial advice just recently. Financial advisors have also been active in the following local Taunton postcodes: TA1 1LJ, TA1 1DB, TA1 1HN, TA1 1EH, TA1 1DF, TA1 1HD, TA1 1AJ, TA1 1TA, TA1 1HX, TA1 1JT.

If you're interested in local information on Taunton, Somerset check here

Independent financial advisor in TA1 area, (dialling code 01823).

TOP - Financial Advisor Taunton

Financial Advisor Taunton - Financial Services Taunton - Independent Financial Advice Taunton - Financial Advisor Near Taunton - Mortgage Advice Taunton - 01823 - Cheap Financial Advice Taunton - Life Insurance Taunton - Investment Advice Taunton