Financial Advisor Widnes

Widnes Independent Financial Advice & Investment

Financial Advisor Widnes Cheshire (WA8): Locating a first-rate financial advisor advisor in Widnes can be an intimidating experience, in particular if you're seeking financial advice for the first time. Whether it is mortgage, investments, pensions or even insurance guidance that you are looking for, there is one common rule for all professional financial advisors; they must all follow Financial Conduct Authority regulations. This comes with some guarantees, thus after getting advice from a FCA registered financial advisor in Widnes, you can seek reparation from the Financial Services Compensation Scheme or the Financial Ombudsman, if something should go awry.

Free Widnes Financial Advisor Quotes

A decent starting point when picking a financial advisor in Widnes can be neighbours and friends, but remember that the type of advice you're searching for may be different to theirs. Their advice needs to be tailored to your unique circumstances, and not every financial advisor is suitable for everybody. To explore the options that they can provide and find a financial advisor you feel comfortable with and can trust, it is wise to talk with at least 3 different firms, because after all picking a financial advisor is a major decision.

Financial Advisor Widnes Cheshire (WA8)

When you're looking to pick a financial advisor in Widnes, there are two principal types; restricted advisors and independent financial advisors (IFA). An IFA will not be confined to a single company's services or products. Encompassing the full gamut of financial companies and products, independent financial advice should be given in a frank and unbiased way to clients. Consulting an IFA should allow you to pick from the widest possible array of products. If you go to a restricted advisor you will soon realise that they may be restricted to services and products of one particular firm, or as with a mortgage advisor, might only be involved with one solitary product.

Before accepting you as a client, any Widnes financial advisor must tell you about their charges, as demanded by the FCA. According to the product you require, you could be charged by the hour, a set fee or even a slice of your investment. A free first consultation may be offered, so that you can discuss your aims and situation to see if the advisor is the best fit. In some bigger Widnes companies, you might find that your account is being managed by a team as opposed to an individual.

Financial Advisors Widnes UK (0151)

You'll be asked to fill in a "Fact Find" form, which is a confidential disclosure document relating your desired goals and financial situation to the advising company. You will also be given an Initial Disclosure Document, or Key Facts Document, which provides information regarding the financial advisor, their status to offer independent or restricted advice and their range of permissions in the financial sector. Your legal rights will also be laid out in this document, in addition to your options if you wish to complain because you're not happy with the service you're given. It has to be simple to understand, written in layman's terms, and explain exactly what you're signing up for, along with the risks and benefits of going along with the advice. This document must also tell you about the level of cooling-off period. This permits you to cancel your contract within a certain time period, and if any penalty charges have to be paid.

The very first time you are talking to the financial advisor you'll want to check what qualifications and experience they have. After all you're on the verge of entrusting your financial wellbeing to their expertise, so you should never be embarrassed about asking these questions. Every Widnes financial advisor must be able to present an annual Statement of Professional Standing, and must at least hold a Level 4 qualification. If the advisor's name doesn't appear on the Financial Services Register, you should not stress, the firm the advisor works for should be found on the register and their personnel will be covered by the regulations. The individual can still offer financial guidance rather than advice, if these cannot be presented. Guidance isn't regulated in the way that financial advice is, meaning that if mistakes occur neither party will have any recourse.

Financial Advisor Quotes in Widnes Cheshire

If you're needing advice on investments you'll be asked about the amount of risk you're comfortable with. Many investments carry some degree of risk, but high risk investments could potentially offer larger rewards, but also more chance of losing your funds. Good quality financial and investment advice will take into account your savings objectives, i.e. how rapidly you need access to your funds, how much you wish to invest and short or long term investments. "How much money can you actually afford to lose?" Is the one question that you really need to ask yourself. This could affect the products and services that could be offered for your consideration, and is commonly called your capacity for loss.

Financial Advice Near Widnes Cheshire

Right from the start, it is crucial that you tell your financial advisor about any existing mortgages, regular outgoings, investments or savings that you currently have. To ensure that you get the most suitable advice for you, they need to gather a full and clear picture of your finances. Spreading the risk load across various different products by diversifying your savings and investments, is something that smart financial advice should encompass. An experienced financial advisor in Widnes will be aware of the best products to consider, which mirror your goals and your financial situation.

Your financial advisor will try to communicate in the clearest possible way, to open up the multifaceted world of finance. After comparing the services and products that meet your needs, you should be in a position to come to an informed and considered decision. If environmental issues are at the forefront of your mind, you could even ask that ethical savings and investments take top priority. You will then be able to stay away from corporations that corporations meet your criteria, and instead support those firms and businesses that match your concerns, for instance renewable energy or zero carbon.

It isn't always easy to work closely with a financial advisor in Widnes without this impacting on your work life and other commitments. This can be reduced by augmenting face-to-face meetings with video conferencing and telephone calls, therefore enabling you to seek the guidance you need at a convenient time. Even if you hardly ever have a face-to-face meeting with your advisor, an established financial advice firm in Widnes will have rigorous measures in force to keep your details secure and confidential, because remote and home working is now so common.


The value of your investments could go down as well as up, and this is a factor that you must keep in mind. If it just so happens that your investment fails to make the amount of money you were hoping for, it can be an extremely disheartening and stressful time. However, unless it is because of incorrect or misleading information from your financial advisor, a downward spiral in your investment isn't a recognised basis for complaint.

Independent Financial Advisor Near Widnes (WA8)

The firm's official complaints procedure should be the best place to start with any disputes, and the Key Facts Document will discuss this. If the matter is unresolved within the time schedule set by the regulating body, and the financial advisor is a member of the FCA, you can notify the Financial Ombudsman.

After reviewing the cause for complaint, the Financial Ombudsman will come to a decision on the issue. A decision is made on how to rectify the situation or financially compensate the customer, if the complaint is upheld. On acceptance by the customer, the ruling becomes a legally binding one, and the advisor and their company must abide by it. Any compensation fixed by the Financial Ombudsman will also take into account any inconvenience, hassle, annoyance and distress caused to the customer during the situation.

Book a Financial Advisor in Widnes UK

Financial advice can be provided in Widnes and also nearby in: Bold Heath, Halewood, Great Sankey, Gateacre, Appleton, Halsnead Park, Farnworth, Lunts Heath, Town End, Cuerdley Cross, Moss Bank, Doe Green, Runcorn, West Bank, Penketh, Tarbock Green, together with these postcodes L35 1QQ, WA8 0SR, WA8 0BH, WA8 0SS, WA8 0AQ, WA8 0GY, WA8 0BW, WA8 0FD, L35 3SU, WA8 0BX. Locally based Widnes financial advisors will probably have the telephone code 0151 and the postcode WA8. Checking this out will ensure that you access local financial advisers. Widnes home and business owners will be able to utilise these and many other similar services. Click the "enquiry" banner to get info on financial advisors in your area.

Pension Planning

A secure retirement is achieved through the crucial process of pension planning. By engaging a financial advisor's services, one can witness a notable enhancement of this process. A qualified advisor, understanding your retirement objectives, will assess your current financial circumstances and design a customised pension solution. They navigate the complexities of UK pension alternatives, which involve the state pension, workplace pensions, and SIPPs. Making informed decisions about investment choices, tax implications and contributions can be achieved by leveraging their expertise. Working with a financial advisor in Widnes guarantees the creation of an effective pension plan, providing financial stability and peace of mind for your future.

At the centre of UK pension planning is the State Pension, a government-backed scheme that provides a standard level of retirement income. The State Pension is only available to those who have made enough National Insurance contributions over their working life. However, the changes to the State Pension age and the number of qualifying years have made it essential to understand the complexities of this scheme. (42316)

Widnes Financial Advice Services

Financial Advice Tasks Widnes

There is a range of services that can be provided by your local Widnes financial advisor including unit trusts, personal protection in Widnes, pension transfer advice, cashflow analysis Widnes, pension consolidation advice, tax financial planning, annuity purchase, savings advice, equity release advice Widnes, mutual funds, financial planning, annuities in Widnes, investment planning, business protection, portfolio management, wealth management & investments, long term care fee advice Widnes, familt controlled trusts, ISA's, pension reviews, multi-asset portfolios, life insurances, pension advice, bridging finance in Widnes, ethical investment advice, pensions in divorce, general financial planning, personal pensions advice, trusts, cheap financial advice, and more. These are just a few of the tasks that can be undertaken by a financial advisor. Widnes professionals will keep you informed about their entire range of financial services.

Skills Required by a Financial Advisor

  • To have the ability to network and establish solid relationships with customers.
  • To have active listening skills.
  • To be good at selling products and services.
  • Excellent skills in customer service for identifying customer needs and requirements.
  • To be able to competently use a computer and the appropriate software packages.
  • An outstanding level of maths knowledge for producing financial strategies.
  • To be thorough and pay attention to detail.
  • Good business management skills for negotiating product fees.
  • To have a flexible work ethic.
  • Good skills in verbal communication.
  • An outstanding knowledge and understanding of economics and accounting relating to financial markets and products.

A Financial Advisor's Daily Tasks

  • Financial advisors meet sales and performance targets.
  • Financial advisors update customers about their investments.
  • Financial advisors work with colleagues to obtain market information, statistics and trends.
  • Financial advisors produce in-depth financial reports.
  • Financial advisors provide consultation, education and counselling with regards to finances and investments.
  • Financial advisors recommend the financial products that are best-suited to their clients.
  • Financial advisors chat with clients about their finances and plans.
  • Financial advisors keep fully abreast of new products and regulation changes.
  • Financial advisors negotiate with providers of financial products.
  • Financial advisors maintain a record of customers and transactions.

Financial Advisors Near Widnes

Also find: Cuerdley Cross financial advisors, Appleton financial advisors, West Bank financial advisors, Moss Bank financial advisors, Gateacre financial advisors, Tarbock Green financial advisors, Halsnead Park financial advisors, Town End financial advisors, Doe Green financial advisors, Lunts Heath financial advisors, Bold Heath financial advisors and more. The majority of these locations are covered by financial advisors. Home and business owners in these localities can make enquiries about financial advice by clicking here.

Widnes Financial Advice Services

Find a Financial Advisor in Widnes Here
Financial Advice Enquiries in Widnes Cheshire (0151)
  • Widnes Life Insurance Advice
  • Widnes Corporate Financial Planning
  • Widnes Financial Services
  • Widnes Financial Advice Quotations
  • Widnes Wealth Management
  • Widnes Retirement Planning
  • Widnes Cheap Financial Advice
  • Widnes Inheritance Advice
  • Widnes Trustee Investments
  • Widnes Cashflow Analysis
  • Widnes Financial Advice
  • Widnes Pension Advice
  • Widnes Estate Planning
  • Widnes Mortgage Advice

More Widnes Services: Undoubtedly, whenever you happen to be looking at your finances in Widnes, Cheshire, you'll likely need all sorts of different services and as well as a financial advisor in Widnes, Cheshire, you could also need business consulting in Widnes, will writing in Widnes, bookkeepers in Widnes, investment advisors in Widnes, estate planning in Widnes, contracts lawyers in Widnes, mortgage brokers in Widnes, property law & conveyancing in Widnes, solicitors in Widnes, payroll services in Widnes, tax preparation in Widnes, debt recovery & collection in Widnes, business financial planning in Widnes, mortgage advice in Widnes, accountants in Widnes, banruptcy lawyers in Widnes, family lawyers in Widnes, and other different Widnes experts.

Information about Widnes, Cheshire can be located here and Widnes weather here

Independent financial advisor in WA8 area, phone code 0151.

TOP - Financial Advisor Widnes

Financial Advisor Widnes - Financial Advisers Widnes - Investment Advice Widnes - Independent Financial Advice Widnes - Retirement Advice Widnes - Life Insurance Widnes - Personal Financial Advice Widnes - Financial Advice Quotations Widnes - Business Financial Advisors Widnes


(This financial advisor Widnes content was checked and updated on 20-02-2024)