Financial Advisers Maidstone Kent: If you're in search of financial advice for the very first time, trying to locate a good independent financial adviser in Maidstone can be an intimidating experience. Whether it is pension, investments, mortgage or even insurance guidance that you are looking for, there's one common rule for all qualified financial advisers; they must all adhere to FCA (Financial Conduct Authority) regulations. The benefit of this is that should a financial adviser who is FCA registered give you poor advice, and things go awry, you've got guarantees, and are able to go to the Financial Services Compensation Scheme or the Financial Ombudsman to get it put right.
When selecting a financial adviser in Maidstone, a good place to start could be friends and relations, but you must bear in mind that your circumstances may not be in line with theirs, and you might be in need of a different sort of advice. Any advice they offer needs to be adapted to your specific circumstances, and not every financial adviser is suitable for everybody. Picking a financial adviser is an important decision and it is a good idea to chat to at least three different companies in order to explore the options they can offer, and to find one you feel comfortable with and can trust.
There are two principal types of financial adviser in Maidstone; restricted advisers and independent financial advisers. An IFA will not be limited to the services or products of just one provider. Independent financial advice should encompass the whole spectrum of financial products and companies, and must be offered in an impartial way. This will permit you to choose from the broadest range of services to suit your needs. A restricted financial adviser may be limited to products and services from a particular company, or might even focus on one particular product, as can happen with a mortgage adviser.
Before any financial adviser in Maidstone accepts you as a client, they are required by the FCA to fully discuss their charges with you. You might be charged by the hour, a set fee or even a specific percentage of your investment value, dependant upon services you require. To discuss your aims and find out if the adviser is suitable for you and your situation, you could be offered the chance of a free first consultation. Your account might be looked after by a team rather than a single adviser, if you choose to go with one of the larger Maidstone firms.
To describe your targets and financial situation to the advising firm, you will be asked to complete a "Fact Find" form, which is a confidential disclosure document. You will also be given a Key Facts or Initial Disclosure Document, which provides details of the financial adviser, their situation for offering independent or restricted advice and the scope of their permissions in the financial arena. If you're not satisfied with the service provided, and wish to submit a complaint, this document will also set down your own legal rights and the options you can take. It should describe precisely what you're committing yourself to, and any potential risks and benefits if you opt to accept the advice offered, and it should be laid out in plain English. The cooling-off period should also be spelled out in this document. This allows you to cancel the agreement within a certain time period, and whenever any penalties have to be paid.
When speaking to your financial adviser the very first time make sure you check their qualifications and experience. Asking these questions shouldn't cause you any embarrassment, because you're entrusting them with your long-term financial wellbeing. All financial advisers in Maidstone must hold at least a Level 4 qualification and be able to present an annual Statement of Professional Standing. If the adviser's name doesn't show up on the Financial Services Register, you don't need to panic, the company the individual works for should be found on the register and their advisers will be covered by the regulations. If they are unable to provide this evidence, the individual cannot offer advice but is able to offer financial guidance. In terms of finance guidance is somewhat different to advice and isn't regulated. Therefore there isn't any recourse for the client if financial blunders arise.
If you are looking for advice on investments you'll be asked the level of risk you are prepared to take. Higher rewards could be possible with high risk investments, however you may also lose all or some of your money. In order to get the very best investment and financial advice, your savings aims will have to be considered, i.e. how much capital you want to invest, how quickly you need access to your funds and short or long term investments. You should always ask yourself the one crucial question, how much money can you really afford to lose. This may influence the products and services that you're offered, and is commonly called your capacity for loss.
If you've already got any existing mortgages, savings, investments or regular outgoing payments, you have to let your financial adviser know about these. To ensure that you get the best advice for you, they need to gather a clear and full picture of your financial circumstances. Diversifying your investments and savings by spreading the risk across different products, is a crucial part of reliable financial advice. With a knowledge of the best areas to consider, a qualified financial adviser will favour products that most closely fit in with your financial circumstances and goals.
A financial adviser will unveil the multifaceted world of finance, and try to converse in the clearest possible way. After learning about the various services and products that match your needs, you should be able to make an informed and knowledgeable decision. If the environment is important to you, you could maybe ask that ethical savings and investment schemes take top priority. This allows you to lend support to businesses and companies that match your concerns, e.g. zero carbon or green energy, or perhaps staying away from firms that don't meet your criteria.
Having a close working relationship with a financial adviser in Maidstone could create problems with work and other commitments. To allow you to seek advice at times that suit you, face-to-face meetings can be complemented with telephone and video conferencing. Home and remote working is now so common, and a professional financial advice company in Maidstone will have stringent measures in place to keep your details secure and confidential, even if you rarely have a one-to-one meeting with your adviser.
COMPLAINTS
You must always bear in mind that the financial world is an unpredictable sector, and investment values could just as easily go down as well as up. It can be quite worrying and demoralising if your investment isn't making as much money as you were hoping for. Unfortunately, a downward trend in your investment isn't seen as a basis for complaint, unless of course it is because of incorrect or misleading information from your financial adviser.
As outlined in the Key Facts Document, any disputes should start out with the company's complaints procedure. If the problem is unsolved within the time schedule set by the regulating authority, and your financial adviser is registered with the FCA, you can inform the Financial Ombudsman.
After independently reviewing the cause of the complaint, the Financial Ombudsman will make a ruling on the issue. If the complaint is upheld, a decision will be made on how to rectify or financially compensate the client. This will become legally binding as soon as it has been agreed on by the client, and the adviser and their firm must comply with the decision. Any annoyance, inconvenience, distress and hassle caused to the customer during the dispute, will be accounted for when the Ombudsman fixes the level of compensation.
Financial advice can be provided in Maidstone and also nearby in: Penenden Heath, Tovil, Weavering, Thurnham, Linton, Boxley, Mereworth, Parkwood, Walderslade, Downswood, Aylesford, Barming, Sandling, Hollingbourne, Detling, East Farleigh, Allington, Yalding, together with these postcodes ME14 1FS, ME14 1EH, ME14 1BX, ME14 1JY, ME14 1RL, ME14 1EL, ME14 1RT, ME14 1BJ, ME14 1UN, ME14 1FJ. Locally based Maidstone financial advisers will most likely have the postcode ME14 and the telephone dialling code 01622. Checking this should confirm you access locally based financial advisers. Maidstone home and business owners can utilise these and countless other finance related services.
Financial Advice Enquiries Kent
Latest Kent financial advice enquiries: Sia Hind in Upchurch recently asked for information on offshore investments. Rian Brookfield in Chiddingstone recently enquired about investment advice. Lana Blackmore and Ralphie Blackmore in Knockholt recently asked for information on investment bonds. Oscar Hardy and Ottilie Hardy from Egerton, Kent recently asked for information on offshore investments. Teddie Pike in Saltwood recently asked about getting financial advice. Amara Fielding in Borden recently asked for information on investment bonds. Iqra Jacques and Maximus Jacques from Cliffe recently asked about pension advice. Zavier Wilkie and Sinead Wilkie in Whitfield recently enquired about offshore investments. All of these local people did a search for "financial advisers Kent" and found this webpage on either Google or a similar search engine.
Kent Financial Advisers
In the Kent area you will likewise discover: Aldington financial advisors, Aylesham financial advisers, Coxheath investment advisers, Shadoxhurst investment advisers, Boughton Monchelsea financial advisers, Sellindge investment advisers, Downswood investment advice, Charing investment advice, Chiddingstone investment advisers, Aylesham financial advisors, Queenborough investment advisers, Chart Sutton financial advice, Hawley financial advisors, Aldington financial advice, High Halden financial advice, Cliffs End financial advisers, Broad Oak investment advisers, Hadlow investment advisers, Leigh financial advice, East Farleigh investment advice, Swanley investment advisers, Broadstairs investment advisers, Challock investment advice, Coxheath financial advisors, Meopham financial advisers, Lympne financial advisers, Speldhurst financial advice, Nonington investment advice, Kings Hill financial advisers, Bekesbourne financial advisers.
Skills and Knowledge Necessary for Financial Advisors
- To have attentive listening skills.
- To be good at promoting financial services and products.
- A solid knowledge of accounting and economics associated with financial products and markets.
- An outstanding level of numeracy for producing financial plans.
- To be self-motivated and organised.
- Excellent management skills for negotiating product rates.
- Excellent skills in verbal communication.
- To have the ability to network and establish solid relationships with customers.
- To pay attention to detail and be thorough.
- Good customer service skills for determining client needs and requirements.
- To be confident in using a computer and the principal software.
Maidstone Financial Advice Services
There are a wide array of services that can be provided by your local Maidstone financial advisor including trustee investment services, personal financial planning, long term care fee planning, trusts, pension transfer advice, personal pensions, stakeholder pensions in Maidstone, savings advice Maidstone, general financial planning, retirement plans, mutual funds, family income benefit, pensions in divorce, ISA's, personal protection in Maidstone, financial planning, pension planning, investing an inheritance, corporate bonds Maidstone, bridging finance, independent financial advice in Maidstone, income protection, tax financial planning, saving for children, financial analyst services, cashflow planning, equity release advice Maidstone, wealth management & investments in Maidstone, investment consolidation advice, divorce financial planning, and lots more. Listed are just some of the duties that can be performed by local financial advisers. Maidstone professionals will be happy to inform you of their whole range of financial services.
The Day to Day Tasks of a Financial Advisor
- Updating customers concerning their investments.
- Providing counselling, consultation and education with regards to investments and finances.
- Producing financial reports.
- Recommending the best-suited financial products to customers.
- Maintaining detailed records of clients and transactions.
- Meeting targets for performance and sales.
- Working with colleagues to gather market information, trends and statistics.
- Keeping fully abreast of new financial products and law changes.
- Talking to clients regarding their plans and finances.
- Making advantageous deals with with providers of financial products.
Financial Advisers Near Maidstone
Also find: Yalding financial advisers, Barming financial advisers, Downswood financial advisers, Detling financial advisers, Thurnham financial advisers, Weavering financial advisers, Tovil financial advisers, Linton financial advisers, Penenden Heath financial advisers, Sandling financial advisers, Aylesford financial advisers, Walderslade financial advisers, Hollingbourne financial advisers, Parkwood financial advisers, East Farleigh financial advisers, Boxley financial advisers, Allington financial advisers, Mereworth financial advisers and more. The majority of these villages and towns are serviced by local financial advisers. Maidstone residents can get financial advice quotations by clicking here.
Maidstone Financial Advice Services
- Maidstone Cheap Financial Advice
- Maidstone Investment Advice
- Maidstone Wealth Management
- Maidstone Cashflow Analysis
- Maidstone Pension Advice
- Maidstone Trustee Investments
- Maidstone Estate Planning
- Maidstone Retirement Planning
- Maidstone Tax Advice
- Maidstone Corporate Financial Planning
- Maidstone Financial Advice Quotations
- Maidstone Inheritance Advice
- Maidstone Life Insurance Advice
- Maidstone Mortgage Advice
Financial Advisors Around Maidstone: In Anerley Close, Sittingbourne Road, Apple Tree Close, Tilefields, Trapfield Close, The Weavers, Tufton Street, Salts Avenue, South Court, The Valley, Teston Corner, Silchester Court, South Street, Speldhurst Court, Ashurst Road, Buckland Place, Cavendish Way, Calehill Close, Chegworth Lane, Silver Birch Walk, Senacre Lane, Chancery Lane, Chart Road, Cross Street, Senacre Square, Davis Farm Cottages, Allington Way, St Peter Street, Athelstan Green, as well as these local Maidstone postcodes: ME14 1FS, ME14 1EH, ME14 1BX, ME14 1JY, ME14 1RL, ME14 1EL, ME14 1RT, ME14 1BJ, ME14 1UN, ME14 1FJ, people have recently needed financial and investment advice. People residing in these areas recently requested help from a financial adviser. Maidstone residents benefited from competent and professional financial services on every occasion.
More Maidstone Services: Not surprisingly, whenever you are looking at your finances in Maidstone, Kent, you will probably be in need of all sorts of different services and together with a financial adviser in Maidstone, Kent, you might additionally need bookkeepers in Maidstone, solicitors in Maidstone, estate planning in Maidstone, contracts lawyers in Maidstone, tax preparation in Maidstone, will writing in Maidstone, accounting in Maidstone, mortgage brokers in Maidstone, family lawyers in Maidstone, investment advisors in Maidstone, mortgage advice in Maidstone, payroll services in Maidstone, debt recovery & collection in Maidstone, business consulting in Maidstone, property law & conveyancing in Maidstone, business financial planning in Maidstone, banruptcy lawyers in Maidstone, and other different Maidstone experts.
Financial Adviser Maidstone
Independent Financial Adviser Near Maidstone
Financial Advisers MaidstoneMore Kent Financial Advisers: More Kent financial advisers: Strood, Kingsnorth, Northfleet, Paddock Wood, Sturry, Herne Bay, Deal, Tonbridge, Ashford, Canterbury, Sittingbourne, Bearsted, Southborough, Staplehurst, Westerham, Edenbridge, Dartford, Aylesford, Gillingham, Cranbrook, Faversham, Tenterden, Swanscombe, Birchington-on-Sea, Ramsgate, Hartley, West Kingsdown, Walmer, Tunbridge Wells, Whitstable, New Romney, Sheerness, Rochester, Dover, Pembury, Folkestone, Sevenoaks, Gravesend, Maidstone, Minster, Meopham, Swanley, Westgate-on-Sea, Snodland, Biggin Hill, Wilmington, Boxley, Margate, East Malling, Sandwich, Chatham, Lydd and Broadstairs.
Independent financial advisers in ME14 area, 01622.
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