Financial Advisor Woking

Woking Independent Financial Advice & Investment

Financial Advisor Woking Surrey (GU21): If you're in search of financial advice for the very first time, trying to find a good independent financial advisor in Woking can be a quite daunting experience. Whether you are searching for investment, pension, mortgage or even insurance guidance, all financial advisors are bound by one common rule; they must all adhere to the regulations of the FCA (Financial Conduct Authority). The advantage of this is that should a financial advisor who is FCA certified give you bad advice, and anything goes wrong, you have guarantees, and can get in touch with the Financial Ombudsman or the Financial Services Compensation Scheme to have it put right.

Free Woking Financial Advisor Quotes

When picking a financial advisor in Woking, a decent place to begin could be friends and family, but you must bear in mind that your situation may not be in line with theirs, and you may need a different kind of advice. Not every financial advisor is suitable for everyone, and any advice they provide needs to be adapted to your unique circumstances. It is wise to speak to at least three different firms when you're picking a financial advisor, as this is a major decision, and you need to find one that you feel comfortable with and can trust, and investigate the options they can provide.

Financial Advisor Woking Surrey (GU21)

When you're looking to pick a financial advisor in Woking, there are basically 2 principal types; restricted advisors and independent financial advisors (IFA). An IFA should not be limited to the products or services of a single provider. Independent financial advice should be provided in an unbiased way and across the entire spectrum of financial companies and products. Consulting an IFA should allow you to select from the broadest possible range of services. A restricted financial advisor may be limited to products and services from a particular company, or may even focus on just one product, as can be the case with a mortgage advisor.

Before any financial advisor takes you on as a client, they're required by the Financial Conduct Authority to fully discuss their charges with you. Although it varies according to the type of product or service you require, there may be a set fee, an hourly rate, or you might even be charged a specific percentage of what you're investing. A free initial consultation could be offered, so you can discuss your objectives and circumstances to see if the advisor is the right choice. In some larger Woking companies, you might find that your account is being managed by a team rather than an individual advisor.

Financial Advisors Woking UK (01483)

You will be required to fill out a "Fact Find" document, which is a confidential disclosure form relating your ambitions and financial situation to the advising company. A Key Facts or Initial Disclosure Document will also be given to you, to provide information regarding the financial advisors themselves, outlining the scope of their permissions in the financial sector and their status to offer independent or restricted advice. This document will also set down your own rights and your options if you aren't happy with the service provided, and want to complain. It should detail precisely what you are committing yourself to, and any potential benefits and risks that exist should you elect to accept the offered advice, and it should be laid out in clear language. The allowed cooling-off period should also be spelled out in this document. Within a certain time period, this permits you to cancel the contract with your financial advisor.

The very first time you are talking with your financial advisor you'll want to check what qualifications and experience they've got. Asking such questions should never be a cause for embarrassment, because after all you are entrusting them with your long-term financial wellbeing. All Woking financial advisors must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. You don't need to panic if your particular financial advisor's name doesn't appear on the Financial Services Register, providing the firm is on the register, their employees will be covered by the legislation. If they're not able to present these accreditations, the person can't offer advice but is able to offer financial guidance. Guidance isn't subject to regulations in the same way as financial advice, meaning that if mistakes are made the client won't have any recourse.

Financial Advisor Quotes in Woking Surrey

If it is investing money that you are interested in, your advisor will question you about the level of risk you are prepared to take with your hard-earned cash. Higher rewards may be possible with higher risk investments, but you stand a greater chance of losing some or all of your funds. Your savings goals will need to be carefully considered if decent investment and financial advice is to be given, i.e. how rapidly you need to access your funds, how much you have to invest and long or short term investments. "How much money can you actually afford to lose?" Is the one important question that you should really be asking yourself. This may influence the services and products that could be offered for your consideration, and is generally known as your 'capacity for loss'.

Financial Advice Near Woking Surrey

From the outset, it's vital that you tell your financial advisor about any investments, mortgages, regular outgoings or personal 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 financial circumstances. Spreading the risk load across a number of different products by diversifying your investments and savings, is something that reliable financial advice should encompass. With an understanding of the best areas to consider, a seasoned financial advisor will focus attention on products that fit in with your goals and financial circumstances.

A financial advisor will reveal the complex world of finance, and try to converse in the clearest possible way. You should be in a position to come to an informed decision once you have compared the various products and services that meet your needs. If you're environmentally minded, you could perhaps ask your financial advisor to stick to ethical investment and savings schemes. This allows you to give your support to organisations and firms that match your concerns, e.g. green energy or zero carbon, or perhaps steering clear of companies that don't meet your standards.

It isn't that easy to have a close working relationship with a financial advisor in Woking without this impacting your work day and other responsibilities. Face-to-face appointments can be complemented with video conferencing and telephone to enable you to get advice at times that suit you. Even if you hardly ever have an in-person meeting with your personal advisor, an experienced financial advice company in Woking will have strict measures in place to ensure your details are kept confidential and secure, because working from home and remote working is now so common.


Investment values can fall as well as rise, and this is a factor that you must always keep in mind. It can be quite stressful and frustrating if your investment is not making as much money as you hoped for. A downward spiral in your investment isn't seen as a grounds for complaint, unless your advisor has supplied you with wrong or misleading information.

Independent Financial Advisor Near Woking (GU21)

Any grievances should begin with the company's official complaints procedure as laid out in the Key Facts Document. If the issue remains unresolved within the period laid down by the regulating body, and the advisor is a member of the Financial Conduct Authority, you can contact the Financial Ombudsman.

The Financial Ombudsman will look into the cause for complaint and come to a decision. If it's found that the complaint is legitimate, a decision is made on how the customer can be compensated or the situation rectified. Once the decision has been accepted by the client it becomes a legally binding decision which the financial advisor and their company, must abide by. Any compensation as set out by the Ombudsman will also take into consideration any trouble, distress, inconvenience and annoyance caused to the client during the situation.

Book a Financial Advisor in Woking UK

Financial advice can be provided in Woking and also in nearby places like: Maybury, Hook Heath, Horsell, Send, Sheerwater, Old Woking, Mayford, Addlestone, Mimbridge, Ottershaw, Knaphill, West Byfleet, Pyrford, Woodham, Chobham, Stonehill, Goldsworth Park, Wisley, and in these postcodes GU21 3HJ, GU21 3DA, GU21 3PW, GU21 3PU, GU21 3LP, GU21 3DJ, GU21 3JE, GU21 3RT, GU21 3LS, GU21 3LQ. Local Woking financial advisers will likely have the postcode GU21 and the phone code 01483. Verifying this will confirm you access local financial advisers. Woking homeowners will be able to utilise these and numerous other related services. Simply click on the "enquiry" form or banner to get info on financial advisors in your area.

Woking Financial Advice Services

Financial Advice Tasks Woking

There is a wide range of services that can be provided by your local Woking financial advisor including stakeholder pensions, investment bonds Woking, portfolio management, critical illness cover, pensions in divorce, financial planning, bridging finance, pension planning Woking, investing an inheritance, divorce planning, pension transfers, trustee investment services, unit trusts, life assurance, business protection, cheap financial advice, familt controlled trusts, mortgage services, pension reviews, ISA's, trusts, equity release, financial analyst services, pension advice Woking, pension drawdowns, money planning, savings advice Woking, life insurance advice, family income benefit, personal financial planning in Woking, and more. These are just a selection of the activities that can be undertaken by a financial advisor. Woking professionals will be happy to inform you of their full range of services.

Skills Needed to be a Financial Advisor

  • Good skills in verbal communication.
  • A competent level of numeracy for creating financial packages.
  • To have attentive interpersonal and listening skills.
  • To be thorough and pay attention to detail.
  • Good customer service skills for establishing client requirements and needs.
  • The ability to sell services and products.
  • To be self-motivated and organised.
  • To be able to network and build relationships with clients.
  • A thorough knowledge and understanding of economics and accounting associated with financial markets and products.
  • Good business management skills for negotiating product prices.
  • To have good IT skills.

Financial Advisors Near Woking

Also find: Send financial advisors, Mayford financial advisors, Old Woking financial advisors, Pyrford financial advisors, Goldsworth Park financial advisors, Maybury financial advisors, Stonehill financial advisors, Wisley financial advisors, Mimbridge financial advisors, Ottershaw financial advisors, Horsell financial advisors, Woodham financial advisors and more. Anyone who is looking for financial advice, will discover that these types of services are available in practically all of these areas. Property owners in these areas can make enquiries about financial advice by going here.

Woking Financial Advice Services

Find a Financial Advisor in Woking Here
Financial Advice Enquiries in Woking Surrey (01483)
  • Woking Life Insurance Advice
  • Woking Financial Advice
  • Woking Tax Advice
  • Woking Financial Advice Quotations
  • Woking Trustee Investments
  • Woking Inheritance Advice
  • Woking Corporate Financial Planning
  • Woking Wealth Management
  • Woking Cheap Financial Advice
  • Woking Financial Services
  • Woking Pension Advice
  • Woking Retirement Planning
  • Woking Estate Planning
  • Woking Investment Advice

More Woking Services: Naturally, whenever you happen to be looking at your finances in Woking, Surrey, you will likely need all types of different services and as well as a financial advisor in Woking, Surrey, you might also need mortgage brokers in Woking, family lawyers in Woking, wills & probate in Woking, investment advisors in Woking, bookkeeping in Woking, property law & conveyancing in Woking, business consulting in Woking, contracts lawyers in Woking, tax preparation in Woking, debt recovery & collection in Woking, payroll services in Woking, solicitors in Woking, mortgage advice in Woking, banruptcy lawyers in Woking, estate planning in Woking, accounting in Woking, business financial planning in Woking, and other different Woking experts.

For the best local Woking info click here

Independent financial advisor in GU21 area, telephone code 01483.

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(This financial advisor Woking page was updated on 20-02-2024)