Financial Advisers Lisburn Northern Ireland: Locating a decent financial adviser adviser in Lisburn can be a challenging experience, in particular if you're needing financial advice for the first time. Whether it is pensions, mortgage, investment or even insurance advice that you're searching for, there is one common rule for all qualified financial advisers; they all have to follow FCA (Financial Conduct Authority) regulations. The advantage of this is that if a financial adviser who is FCA certified gives you poor quality advice, and anything goes awry, you've got guarantees, and can contact the Financial Ombudsman Scheme or the Financial Services Compensation Scheme to get it put right.
Friends and relatives recommendations can be a decent starting point in selecting a financial adviser in Lisburn, but bear in mind that their circumstances may be different to the kind of advice you are looking for. Financial advice needs to be individually tailored to your unique situation, and you will find that some financial advisers may not be appropriate for you. It is wise to talk with at least three different firms when you're selecting a financial adviser, as this is a major decision, and you need to find one that you feel comfortable with and can trust, and also check out the various options they offer.
When you are looking to pick a financial adviser in Lisburn, there are basically 2 principal types; independent financial advisers and restricted advisers. Offering a wider range of options, an IFA won't be limited to just one provider's products and services. Independent financial advice should encompass the full spectrum of financial companies and products, and must be offered in an impartial way. This will allow you to choose from the broadest range of products to meet your needs. A restricted adviser might be involved with a single product, such as a mortgage adviser, or be limited to services and products from a specific provider.
The Financial Conduct Authority demands that any financial adviser in Lisburn must be fully transparent with you about their charges, before taking you on as a client. In accordance with the services you're interested in, you could be charged a set fee, by the hour or even a proportion of your investment. You might be offered a free preliminary consultation to enable you to discuss your goals and find out if the adviser is a good fit for your circumstances. Your account might be handled by a team rather than one individual adviser, if you elect to go to one of the bigger companies in Lisburn.
You will be asked to fill in a "Fact Find" document, which is a confidential disclosure form relating your financial situation and goals to the advising company. You should also be given a Key Facts Document, or Initial Disclosure Document, which provides you with information on the financial adviser, their status to offer independent or restricted advice and the scope of their permissions in the financial market. Your rights will also be spelled out in this document, in addition to the options you can take if you need to complain because you are not happy with the service you are given. It should be written in plain English and describe what you are signing up for, and any possible benefits and risks should you elect to accept the advice offered. The level of cooling-off period should also be spelled out in this Key Facts Document. This allows you to cancel the agreement with your financial adviser within a specific time period, and whenever any penalties have to be paid.
You need to check the qualifications and experience of the financial adviser the first time you speak with them. You should never be self-conscious about asking such questions, after all you are on the verge of entrusting your long-term financial wellbeing to their skill. All Lisburn financial advisers must hold at least a Level 4 qualification and present an annual Statement of Professional Standing. Don't stress if your specific adviser's name does not show up on the Financial Services Register, providing the company is listed on the register, their staff will be covered by the legislation. If these cannot be presented the individual can still offer financial guidance rather than financial advice. Guidance is somewhat different to advice as it is not regulated in the same way, and if errors occur there may be no recourse to either party.
If it's investing money that you're interested in, your adviser will want to know the amount of risk you are prepared to accept with your hard-earned cash. Most investments carry some degree of risk, but high risk investments may offer larger rewards, and also more chance of losing your capital. Your savings goals should be carefully considered if good quality investment and financial advice is to be given, i.e. how quickly you need access to your funds, short or long term investments and how much cash you want to invest. You should always ask yourself the one vital question, how much can you really afford to lose. This is called your capacity for loss and might influence the services and products that may be offered to you.
If you already have any current mortgage loans, savings accounts, investments or regular outgoing payments, you have to let your financial adviser know about these. To ensure that you get the most suitable advice for you, they need to gather a clear and full picture of your financial situation. Diversifying your savings and investments by spreading the risk across a number of different products, is a crucial part of reliable financial advice. So as to reflect your goals and financial circumstances, a competent financial adviser in Lisburn will be aware of the best products to consider.
Your financial adviser will communicate in as plain a speech as possible, while unmasking the multifaceted world of finance. You should be able to come to an informed and considered decision once you have compared the various products and services which match your needs. If you are environmentally minded, you could perhaps ask your adviser to stick to ethical savings and investments. This allows you to give your support to organisations and companies which address your concerns, e.g. zero carbon or green energy, or perhaps keeping away from firms that don't meet your requirements.
It can prove hard to manage your work day and other responsibilities around a close working relationship with a financial adviser in Lisburn. One-on-one meetings can be augmented with video conferencing and phone calls to enable you to seek advice at a time to suit you. An experienced financial advice firm in Lisburn will have rigorous measures in place to ensure your details are kept confidential and secure, even if you never have an in-person meeting with your adviser, because remote and home working is no longer unusual.
COMPLAINTS
Investments can be an unpredictable area, and values can go down as easily as they go up. If your investment fails to make as much money as you hoped for, it can be incredibly stressful and demoralising. A downward spiral in your investment is not seen as a cause for complaint, unless your financial adviser has supplied you with misleading or wrong information.
As described in the Key Facts Document, any complaints should start out with the company's complaints procedure. If the matter is unsolved within the timeframe set by the regulating authority, and the adviser is registered with the FCA, you can notify the Financial Ombudsman.
The Financial Ombudsman will come to a decision after reviewing the cause for complaint independently. If the complaint is found to be justified, a decision will be made on how to financially compensate the customer. On acceptance by the customer, the ruling will become a legally binding one, and the adviser and their company must comply with it. Any distress, hassle, inconvenience and annoyance caused to the client during the dispute, will be taken into account when the Financial Ombudsman fixes the level of compensation.
Financial advice can be provided in Lisburn and also in: Annahilt, Saintfield, Crumlin, Moira, Blackskull, Ballynahinch, Upper Ballinderry, Drumbo, Dromore, Carryduff, Lambeg, Finaghy, Mazetown, Dundrod, Waringsford, Hillsborough, Dunmurry, Glenavy, and in these postcodes BT27 4DR, BT27 4NR, BT27 4RW, BT27 4LQ, BT27 4BU, BT27 4HH, BT27 4PD, BT27 4TL, BT27 4JJ, BT27 4BP. Locally based Lisburn financial advisers will probably have the postcode BT27 and the telephone code 028. Checking this should confirm that you access locally based financial advisers. Lisburn home and business owners will be able to utilise these and many other comparable services.
Lisburn Financial Advice Services
There is a range of services that are provided by your local Lisburn financial advisor including portfolio management Lisburn, ethical investments Lisburn, death benefit advice, trustee investment services, inheritance tax planning Lisburn, annuities, retirement plans, mortgage advice in Lisburn, long term care fee planning Lisburn, equity release advice, investment planning, investment consolidation advice, personal financial planning, wealth management & investments in Lisburn, investment bonds, life assurance, independent financial advice, financial planning in Lisburn, pension consolidation Lisburn, offshore investment advice, cashflow planning, pension transfers, pensions in divorce Lisburn, cash flow modelling, unit trusts, general financial planning, income protection, investing an inheritance Lisburn, trusts, will writing services in Lisburn, and lots more. These are just some of the activities that can be carried out by local financial advisers. Lisburn professionals will be delighted to keep you abreast of their full range of financial services.
The Skills and Knowledge Needed to be a Financial Advisor
- To be thorough and pay attention to detail.
- An outstanding knowledge of economics and accounting relating to financial markets and products.
- Active listening skills.
- Excellent management skills for the negotiation of product fees.
- The ability to promote financial services and products.
- Good customer service skills for identifying client needs and requirements.
- To have excellent IT skills.
- To have a goal driven mentality.
- An outstanding level of maths knowledge for developing financial plans.
- Excellent skills in verbal communication.
- To have the ability to network and establish solid relationships with customers.
Financial Advisers Near Lisburn
Also find: Dunmurry financial advisers, Blackskull financial advisers, Crumlin financial advisers, Carryduff financial advisers, Dundrod financial advisers, Annahilt financial advisers, Dromore financial advisers, Ballynahinch financial advisers, Mazetown financial advisers, Finaghy financial advisers, Glenavy financial advisers, Waringsford financial advisers, Upper Ballinderry financial advisers, Saintfield financial advisers, Drumbo financial advisers, Moira financial advisers, Lambeg financial advisers, Hillsborough financial advisers and more. Most of these areas are catered for by local financial advisers. Lisburn residents can get financial advice quotes by clicking here.
Lisburn Financial Advice Services
- Lisburn Retirement Planning
- Lisburn Wealth Management
- Lisburn Corporate Financial Planning
- Lisburn Life Insurance Advice
- Lisburn Investment Advice
- Lisburn Financial Advice Quotes
- Lisburn Financial Services
- Lisburn Pension Advice
- Lisburn Tax Advice
- Lisburn Mortgage Advice
- Lisburn Cashflow Analysis
- Lisburn Inheritance Advice
- Lisburn Cheap Financial Advice
- Lisburn Independent Financial Advice
More Lisburn Services: Of course, whenever you are looking at your finances in Lisburn, Northern Ireland, you'll probably need all sorts of different services and apart from a financial adviser in Lisburn, Northern Ireland, you may also need banruptcy lawyers in Lisburn, will writing in Lisburn, investment advisors in Lisburn, estate planning in Lisburn, family lawyers in Lisburn, business consulting in Lisburn, accountants in Lisburn, property law & conveyancing in Lisburn, mortgage brokers in Lisburn, business financial planning in Lisburn, mortgage advice in Lisburn, contracts lawyers in Lisburn, debt recovery & collection in Lisburn, payroll services in Lisburn, tax preparation in Lisburn, solicitors in Lisburn, bookkeepers in Lisburn, and other different Lisburn experts.
Financial Advisors Around Lisburn: Financial advisors were recently needed by folks living in Dill Avenue, Wyncroft Gardens, Barbour Lodge, Oak Glen, Malory Gardens, Lady Wallace Avenue, Brambling Close, Thistlemount Park, Clonmore Park, Largymore Drive, Ferndale Avenue, Belsize Lane, Oakridge Gardens, Halftown Road, Dalboyne Court, Ballynahinch Road, Chatsworth Gardens, Limetree Manor, Glencairn, Skyline Drive, Mount Royal, Belvoir Crescent, Lady Wallace Brae, Drumbeg Mews, Magheralave Meadows, Wood Vale, Moira Road, Coolsara Park, Titterington Gardens, Barbour Green and these Lisburn postcodes: BT27 4DR, BT27 4NR, BT27 4RW, BT27 4LQ, BT27 4BU, BT27 4HH, BT27 4PD, BT27 4TL, BT27 4JJ, BT27 4BP. Folks residing in these areas recently requested help from a financial adviser. Lisburn residents enjoyed trusted and reliable financial services.
Financial Adviser Lisburn
Independent Financial Adviser Near Lisburn
Financial Advisers LisburnTo obtain local Lisburn info go here
More Northern Ireland Financial Advisers: More Northern Ireland financial advisers: Coleraine, Castlereagh, Craigavon, Derry, Newtownabbey, Carrickfergus, Newtownards, Belfast, Bangor, Newry, Lisburn and Ballymena.
Independent financial advisers in BT27 area, (dialling code 028).
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