Financial Advisor Wigan

Wigan Independent Financial Advice & Investment

Financial Advisor Wigan Greater Manchester (WN1): It can be an intimidating experience trying to find a good independent financial advisor in Wigan, especially if it is the first time that you're in search of financial advice. Nevertheless, all professional financial advisors have one thing in common; they must all observe the regulations set by the Financial Conduct Authority (FCA), whether you're looking for mortgage, investments, pensions or even insurance advice. Any advice given from a FCA registered financial advisor in Wigan comes with certain guarantees that should anything go awry, you can contact the Financial Services Compensation Scheme or the Financial Ombudsman.

Free Wigan Financial Advisor Quotes

A decent starting point when picking a financial advisor in Wigan may be family and friends, but keep in mind that the type of advice you're searching for could be different to theirs. Their advice needs to be adapted to your specific circumstances, and every financial advisor isn't suitable for everyone. To investigate the various options that they are offering and find a financial advisor you feel comfortable with and can trust, it is a good idea to speak with at least 3 different firms, because choosing a financial advisor is a big decision.

Financial Advisor Wigan Greater Manchester (WN1)

There are 2 principal types of financial advisor in Wigan; independent financial advisors and restricted advisors. The advantage of using an independent financial advisor is that they will not be limited to a single company's services or products, and can offer a wide range of options. Independent financial advice should cover the entire gamut of financial products and companies, and must be given in an impartial way. This will allow you to pick from the broadest range of services to match your needs. A restricted advisor might be limited to products and services from one particular firm, or may even concentrate on a single product, as can be the case with a mortgage advisor.

The Financial Conduct Authority demands that any financial advisor in Wigan must tell you about their charges, before accepting you as a client. You could be charged a set fee, by the hour or perhaps even a percentage of your investment value, determined by type of service you're interested in. A free preliminary consultation might be offered, so you can discuss your aims and situation to find out if the advisor is a good fit. In some bigger Wigan companies, you could find that your account is looked after by a team rather than an individual.

Financial Advisors Wigan UK (01942)

To outline your desired goals and financial situation to the advising company, you'll be asked to fill out a "Fact Find" form, which is a confidential disclosure document. You'll also be handed a Key Facts or Initial Disclosure Document, which gives you information about the financial advisor, their status to offer independent or restricted advice and their range of permissions in the financial sector. Your own rights will also be set out in this document, along with the options you can take if you need to complain because you are not satisfied with the service you are given. It should describe what you are committing yourself to, and any possible benefits and risks that exist should you decide to take the advice offered, and it has to be set down in clear language. You'll find the level of cooling-off period in this document. This allows you to cancel the contract with your financial advisor within a certain period of time, and if any penalty charges are incurred.

When speaking with your financial advisor for the first time you need to check their qualifications and experience. You shouldn't be self-conscious about asking these questions, after all you are on the verge of entrusting your financial future to their expertise. A Level 4 qualification in financial advice is the minimum qualification for any financial advisor in Wigan, and they must also be in a position to show an annual Statement of Professional Standing. When checking the Financial Services Register, don't panic if your advisor's name doesn't appear on there; you ought to be able to locate the firm name, and this means that the legislation covers all of their advisors. If they're not able to supply this evidence, the individual can't offer advice but only financial guidance. In terms of finance guidance is different to advice and is not regulated. Therefore there isn't any recourse for the client if financial blunders are made.

Financial Advisor Quotes in Wigan Greater Manchester

If it is investments that you're interested in, your advisor will want to know the amount of risk you might be willing to accept with your hard-earned money. Many investments carry some degree of risk, but higher risk investments may offer higher rewards, and also more chance of losing your cash. Your savings objectives will need to be taken into account if good quality financial and investment advice is to be given, i.e. short or long term investments, how much you wish to invest and how quickly you need access to your money. "How much money can you actually afford to lose?" Is the one important question that you should really be asking yourself. This could influence the services and products that could be offered for your consideration, and is sometimes referred to as your capacity for loss.

Financial Advice Near Wigan Greater Manchester

Right from the start, it is crucial that you let your financial advisor know about any existing mortgages, savings, investments or regular payments that you currently have. They will need to know this, so they can get a picture of your financial circumstances and give the appropriate advice for your needs. Smart financial advice should allow for diversifying your investments and savings by spreading the risk load across various products. A competent financial advisor in Wigan will have the knowledge of the best areas to consider, which reflect your goals and your financial situation.

A financial advisor will reveal the multifaceted world of finance, and converse in as plain a speech as possible. After learning about the products and services which match your needs, you should be able to come to an informed and deliberative decision. You can ask your financial advisor to only specify ethical investments and savings. This not only gives you investment possibilities, but also allows you to lend your support to renewable energy or zero carbon projects, and stay away from companies that don't share the same values.

It can prove challenging to manage work and other obligations around working closely with a financial advisor in Wigan. Face-to-face meetings can be augmented with video conferencing and telephone to enable you to get advice at a time to suit you. Even if you hardly ever have a one-on-one meeting with your personal advisor, a professional financial advice provider in Wigan will have stringent measures in place to ensure your details are kept confidential and secure, because home and remote working is now so common.


Investments can go down as well as up, because the financial world can be volatile. If it happens that your investment fails to make as much money as you hoped for, it can be a disheartening and stressful time. However, unless it is due to incorrect or misleading information from your advisor your investment having a downward trend isn't seen as a basis for complaint.

Independent Financial Advisor Near Wigan (WN1)

As detailed in the Key Facts Document, any grievances should start with the firm's official complaints procedure. If the issue is unresolved within the time schedule set out by the regulating authority, and your advisor is a member of the FCA, you can contact the Financial Ombudsman.

The Financial Ombudsman will make a ruling after reviewing the cause for complaint independently. If the complaint is upheld, a decision will be made on how to financially compensate the client. Once agreed on by the client, the ruling becomes a legally binding one, and the financial advisor and their firm must abide by it. Any upset, trouble, distress and inconvenience caused to the customer during the situation, will be taken into account when the Financial Ombudsman fixes the level of compensation.

Book a Financial Advisor in Wigan UK

Financial advice can be provided in Wigan and also in nearby places like: Aspull, Marylebone, Marus Bridge, Spring View, Pemberton, Hindley, Goose Green, Standish, Ince-in-Makerfield, Shevington, Haigh, Newtown, Lower Standish, Whelley, New Springs, Poolstock, as well as in these postcodes WN1 2AZ, WN1 1PA, WN1 1RY, WN1 2AY, WN1 2BN, WN1 2BT, WN1 1BN, WN1 1AL, WN1 1LF, WN1 1BJ. Local Wigan financial advisors will probably have the dialling code 01942 and the postcode WN1. Simply click on the "enquiry" banner or form to get details about financial advisors in your location.

Financial Advice Enquiries Greater Manchester

Financial Advice Enquiries Greater Manchester

Latest Greater Manchester financial advice enquiries: Aleksander and Gwen Casey from Tottington, Greater Manchester recently asked for information on mortgages. Jonty Graham from Lees recently asked for information on financial planning. Isa and Lili Wale from Hattersley, Greater Manchester recently enquired about equity release. Lochlan Jobson from Shaw and Crompton, Greater Manchester recently asked for information on investment bonds. Finley Maclean from Prestwich recently asked for information on investment bonds. Theia Strange from Timperley, Greater Manchester recently enquired about equity release. Travis Addison from Higher Folds, Greater Manchester recently asked for information on family income benefit. Brody Bowen from Winstanley, Greater Manchester recently asked for information on life assurance.

The Day to Day Duties of a Financial Advisor

  • Providing education, consultation and counselling with regards to investments and finances.
  • Keeping fully up to date with law changes and new products.
  • Updating customers regarding their investments.
  • Talking with clients regarding their finances and plans.
  • Negotiating with financial product providers.
  • Meeting targets for sales and performance.
  • Producing financial reports.
  • Recommending the best-suited financial products to customers.
  • Keeping a record of clients and transactions.
  • Working in collaboration with colleagues to gather trends, market information and statistics.

Wigan Financial Advice Services

Financial Advice Tasks Wigan

There are a number of different services which can be provided by your local Wigan financial advisor including offshore investment advice in Wigan, financial analyst services, stakeholder pension advice, pension transfer advice, unit trusts in Wigan, annuity purchase, financial planning, wealth management & investments, annuities, portfolio management, family income benefit Wigan, tax planning in Wigan, cash flow modelling, pension consolidation advice, pension plans, financial services, long term care fee planning, income protection Wigan, cheap financial advice, divorce planning Wigan, trusts Wigan, mortgage financial planning, pension reviews Wigan, trustee investment services, retirement plans, and more.

Necessary Skills to be Financial Advisors

  • To be good at selling products and services.
  • Good management skills for the negotiation of product fees.
  • To have attentive interpersonal and listening skills.
  • A solid knowledge and understanding of accounting and economics associated with financial markets and products.
  • A competent level of mathematical knowledge for producing financial packages.
  • To have the ability to network and establish relationships with clients.
  • Excellent verbal communication skills.
  • To have excellent IT skills.
  • To have a flexible work ethic.
  • To pay attention to detail and be thorough.
  • Good skills in customer service for determining client needs.

Financial Advisors Near Wigan

Also find: Standish financial advisors, New Springs financial advisors, Aspull financial advisors, Marylebone financial advisors, Haigh financial advisors, Ince-in-Makerfield financial advisors, Poolstock financial advisors, Whelley financial advisors, Lower Standish financial advisors, Spring View financial advisors, Marus Bridge financial advisors, Hindley financial advisors, Shevington financial advisors, Newtown financial advisors, Goose Green financial advisors, Pemberton financial advisors and more.

Wigan Financial Advice Services

Find a Financial Advisor in Wigan Here
Financial Advice Enquiries in Wigan Greater Manchester (01942)
  • Wigan Independent Financial Advice
  • Wigan Investment Advice
  • Wigan Life Insurance Advice
  • Wigan Cashflow Analysis
  • Wigan Financial Services
  • Wigan Mortgage Advice
  • Wigan Cheap Financial Advice
  • Wigan Retirement Advice
  • Wigan Pension Advice
  • Wigan Trustee Investments
  • Wigan Corporate Financial Advice
  • Wigan Financial Advice Quotations
  • Wigan Wealth Management
  • Wigan Tax Advice

More Wigan Services: Undoubtedly, whenever you are looking at your finances in Wigan, Greater Manchester, you will likely need all types of different services and aside from a financial advisor in Wigan, Greater Manchester, you may also need accounting in Wigan, debt recovery & collection in Wigan, solicitors in Wigan, tax preparation in Wigan, business financial planning in Wigan, banruptcy lawyers in Wigan, mortgage brokers in Wigan, payroll services in Wigan, business consulting in Wigan, investment advisors in Wigan, mortgage advice in Wigan, wills & probate in Wigan, family lawyers in Wigan, contracts lawyers in Wigan, bookkeepers in Wigan, estate planning in Wigan, property law & conveyancing in Wigan, and other different Wigan experts.

Financial Advisors Around Wigan: People who live in the following roads and areas have recently enquired about financial advice - Castle Hill Park, The Vale, Beaumont Grove, Colwyn Drive, Carradon Drive, Brandreth Place, Sandyway, St Johns Road, The Limes, Bedford Gardens, Thurlby Close, The Common, Sherbourne Avenue, Conway Drive, Coleridge Road, Cherry Tree Court, The Alders, Seddon House Drive, Baytree Road, Dunscore Road, Delphside Close, Bedford Place, Bolton House Road, Seascale Crescent, Bramble Way, St James Crescent, Spring Bank, Billinge Road, Braemore Close, Teal Close, as well as the following local Wigan postcodes: WN1 2AZ, WN1 1PA, WN1 1RY, WN1 2AY, WN1 2BN, WN1 2BT, WN1 1BN, WN1 1AL, WN1 1LF, WN1 1BJ.

If you're interested in local Wigan information check here

Independent financial advisor in WN1 area, and dialling code 01942.

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