Financial Advisor Whitworth

Whitworth Independent Financial Advice & Investment

Financial Advisor Whitworth Lancashire (OL12): It can be a challenging experience trying to find a first-rate independent financial advisor in Whitworth, especially if it's the first time that you're needing financial advice. Whether it is mortgage, investment, pensions or even insurance advice that you're after, there is one common rule for all qualified financial advisors; they must all follow Financial Conduct Authority regulations. This comes with certain guarantees, thus after taking advice from a FCA authorised financial advisor in Whitworth, you can seek reparation from the Financial Ombudsman or the Financial Services Compensation Scheme, if if things go awry.

Free Whitworth Financial Advisor Quotes

When choosing a financial advisor in Whitworth, a decent place to begin could be friends and relations, but you must remember that your circumstances may not be the same as theirs, and you might be in need of a different kind of advice. Every financial advisor isn't suitable for everybody, and their advice needs to be tailored to your particular circumstances. It is a good idea to speak to at least 3 different firms when you are picking a financial advisor, because this is an important decision, and you'll be looking to find one that you can trust and feel comfortable with, and at the same time investigate the various options they can provide.

Financial Advisor Whitworth Lancashire (OL12)

There are two principal types of financial advisor in Whitworth; restricted advisors and independent financial advisors. An IFA will not be limited to just one provider's products or services. Independent financial advice should cover the full gamut of financial products and companies, and must be given in an unbiased way. This will permit you to select from the widest range of products to meet your needs. If you use a restricted financial advisor you'll discover that they could be restricted to services and products of a particular provider, or as in the case of a mortgage advisor, might only be concerned with one solitary product.

Before taking you on as a client, any financial advisor must be fully transparent with you about their charges, as demanded by the FCA. You may be charged by the hour, a set fee or even a proportion of your investment, in accordance with type of service you are looking for. A free preliminary consultation could be offered, so that you can discuss your goals and situation to see if the advisor is a good fit. If you go to one of the bigger Whitworth companies, your account may be looked after by a team of advisors rather than a single person.

Financial Advisors Whitworth UK (01706)

You will need to complete a "Fact Find" form, which is a confidential disclosure document relating your financial situation and targets to the advising company. A Key Facts or Initial Disclosure Document will also be handed to you, to provide information regarding the financial advisors themselves, outlining the scope of their permissions in the financial market and their status to offer independent or restricted advice. Your own rights should also be set out in this document, along with your options if you wish to complain because you're not satisfied with the service you're given. It should detail what you're signing up for, and any potential benefits and risks should you choose to accept the advice offered, and it has to be written in clear language. This document will also tell you about the level of cooling-off period. Within a certain time period, this makes it possible for you to cancel the agreement.

You'll want to check what experience and qualifications the financial advisor has when you first talk to them. Asking these questions shouldn't cause you any embarrassment, because you're about to entrust them with your financial future. All Whitworth financial advisors must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. If the advisor's name doesn't appear on the Financial Services Register, don't freak out, the company the person works for should be found on the register and their personnel are all covered by the legislation. The individual may still offer financial guidance as opposed to advice, if these cannot be provided. Guidance is not regulated in the same way as financial advice, meaning that if mistakes are made the client won't have any recourse.

Financial Advisor Quotes in Whitworth Lancashire

You'll be asked about the amount of risk you are ready to take on, if you are seeking advice on investments. Higher risk investments may offer substantial rewards, however all or some of your capital could be lost. Your savings goals should be carefully considered if decent investment and financial advice is to be given, i.e. how much you wish to invest, how quickly you need access to your funds and short or long term investments. "How much can you truly afford to lose?" Is the one vital question that you really need to ask yourself. This is known as your capacity for loss and may affect the products and services that could be offered to you.

Financial Advice Near Whitworth Lancashire

You will have to let your financial advisor know about any existing savings accounts, regular outgoing payments, investments or mortgage loans. To make certain that you get the most appropriate advice for you, they need to have a full and clear picture of your financial situation. Diversifying your investments and savings by spreading the risk load across various products, is an important part of sound financial advice. A qualified financial advisor in Whitworth will be aware of the best products to consider, which match your goals and your financial situation.

Communicating in in the simplest terms possible, your financial advisor will reveal the complex world of investment and finance. After comparing the services and products which match your needs, you should be in a position to come to an informed and deliberative decision. If the environment is important to you, you could even ask that ethical savings and investment schemes take top priority. You will then be able to keep away from investments that firms meet your requirements, and instead support those companies and organisations that match your concerns, for instance zero carbon or green energy.

Working closely with your financial advisor in Whitworth can be difficult to manage around your work life and other commitments. One-on-one meetings can be supplemented with phone calls and video conferencing to enable you to get advice at times that suit you. An experienced financial advice firm in Whitworth will have strict measures in place to ensure your details are kept secure and confidential, even if you hardly ever have a face-to-face meeting with your advisor, because home and remote working is now so common.


Investments can be an unpredictable area, and their values can go down as well as up. If your investment fails to make the amount of money you were hoping for, it can be incredibly frustrating and stressful. However, except if it's due to misleading or incorrect information from your financial advisor, your investment having a downward trend is not seen as a grounds for complaint.

Independent Financial Advisor Near Whitworth (OL12)

The firm's official complaints procedure should be the starting point for any grievances, and the Key Facts Document should discuss this. If the issue remains unsolved within the time laid down by the regulating body, and your advisor is registered with the FCA, you can get in touch with the Financial Ombudsman.

The Financial Ombudsman will make a ruling after independently reviewing the cause for complaint. If the complaint is upheld, a decision is made on how to financially compensate the client. On acceptance by the client, the decision becomes a legally binding one, and the advisor and their firm must abide by it. Any compensation as set out by the Financial Ombudsman will also take into account any hassle, inconvenience, distress and annoyance caused to the client during the process.

Book a Financial Advisor in Whitworth UK

Financial advice can be provided in Whitworth and also nearby in: Clough, Shawclough, Ramsbottom, Littleborough, Rochdale, Shawfield, Belfield, Wardle, Haslingden, Smithybridge, Rawtenstall, Shawforth, Smallbridge, Stacksteads, Trough Gate, together with these postcodes OL12 8ES, OL12 8QP, OL12 8SA, OL12 8JT, OL12 8DU, OL12 8RG, OL12 8RQ, OL12 8PN, OL12 8DW, OL12 8SB. Locally based Whitworth financial advisers will most likely have the dialling code 01706 and the postcode OL12. Checking this out should guarantee that you are accessing locally based financial advisers. Whitworth householders are able to utilise these and numerous other finance related services. Click the "enquiry" banner or form to get information on financial advisors in your location.

Skills and Knowledge Necessary for Financial Advisors

  • To be able to network and establish solid relationships with clients.
  • Excellent customer service skills for identifying client requirements.
  • Effective business management skills for the negotiation of product fees.
  • To have the ability to listen attentively
  • Excellent verbal communication skills.
  • To have a target driven mindset.
  • An excellent level of numeracy for developing financial packages.
  • The ability to promote services and products.
  • To have good IT skills.
  • An excellent knowledge of accounting and economics relating to financial products and markets.
  • To pay attention to detail and be thorough.

A Financial Advisor's Everyday Tasks

  • Financial advisors keep abreast of law changes and new financial products.
  • Financial advisors meet targets for sales and performance.
  • Financial advisors update clients concerning their investments.
  • Financial advisors negotiate with financial product providers.
  • Financial advisors work in collaboration with associates to gather trends, market information and statistics.
  • Financial advisors chat with customers about their plans and finances.
  • Financial advisors provide counselling, education and consultation with regards to finances and investments.
  • Financial advisors maintain a record of clients and transactions.
  • Financial advisors produce financial reports.
  • Financial advisors research financial products and explain them simply and clearly to their customers.

Whitworth Financial Advice Services

Financial Advice Tasks Whitworth

There is a range of services that can be provided by your local Whitworth financial advisor including financial analyst services Whitworth, stakeholder pensions, annuity purchases, bridging finance, investing an inheritance in Whitworth, multi-asset portfolios in Whitworth, financial planning in Whitworth, pension advice, long term care fee planning, corporate bonds, portfolio management Whitworth, investment planning, divorce planning, cashflow analysis, savings advice, personal protection in Whitworth, retirement advice Whitworth, bereavement benefits, independent financial advice, corporate financial planning, familt controlled trusts in Whitworth, inheritance tax planning, pension advice in Whitworth, will writing services, ethical investments in Whitworth, unit trusts, pension drawdowns, mutual funds, ISA's, investment bonds in Whitworth, and more. These are just a small portion of the tasks that can be performed by a financial advisor. Whitworth professionals will be happy to tell you about their entire range of services.


Financial Advisors Near Whitworth

Also find: Rawtenstall financial advisors, Clough financial advisors, Rochdale financial advisors, Smithybridge financial advisors, Ramsbottom financial advisors, Wardle financial advisors, Littleborough financial advisors, Haslingden financial advisors, Trough Gate financial advisors, Shawfield financial advisors, Belfield financial advisors, Stacksteads financial advisors, Shawforth financial advisors, Shawclough financial advisors, Smallbridge financial advisors and more. All of these towns and villages are serviced by local financial advisers. Whitworth residents can get estimates by going here.

Whitworth Financial Advice Services

Find a Financial Advisor in Whitworth Here
Financial Advice Enquiries in Whitworth Lancashire (01706)
  • Whitworth Life Insurance Advice
  • Whitworth Financial Services
  • Whitworth Estate Planning
  • Whitworth Independent Financial Advice
  • Whitworth Inheritance Advice
  • Whitworth Wealth Management
  • Whitworth Trustee Investments
  • Whitworth Corporate Financial Advice
  • Whitworth Retirement Planning
  • Whitworth Cashflow Analysis
  • Whitworth Investment Advice
  • Whitworth Cheap Financial Advice
  • Whitworth Tax Advice
  • Whitworth Financial Advice Quotations

Financial Advisors Around Whitworth: In the past year financial advice was provided in these Whitworth streets: Sandbank Gardens, Daneswood Close, Taylor Street, School Terrace, Highgate Lane, North View, Industry Street, Kandel Place, Waingap View, The Willows, Dyehouse Close, William Street, Masseycroft, Thor Drive, Grange Road, Lobden Crescent, Moorland Avenue, Prickshaw Lane, Coupland Close, Market Street, Wallbank Drive, Coppice Drive, Milner Street, Cowm Park Way North, Holt Street, Oak Street, High Barn Lane, and in these Lancashire postcodes: OL12 8ES, OL12 8QP, OL12 8SA, OL12 8JT, OL12 8DU, OL12 8RG, OL12 8RQ, OL12 8PN, OL12 8DW, OL12 8SB. Folks living in these areas recently required the help of a financial advisor. Whitworth residents enjoyed the benefits of dependable and high quality financial services in every case.

For the best local information regarding Whitworth, Lancashire check here

Financial Adviser Jobs Whitworth: View financial advisor jobs in Whitworth here: General Financial Advisor Jobs

Independent financial advisor in OL12 area, telephone code 01706.

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(This financial advisor Whitworth article was revised and updated on 01-09-2022)