Financial Advisers Paddock Wood

Financial Advisers Paddock Wood Kent: It can be a daunting experience trying to locate a first-rate financial adviser adviser in Paddock Wood, particularly if it's the first time that you're seeking financial advice. Whether you are looking for pension, mortgage, investment or even insurance guidance, all financial advisers have one thing in common; they must all adhere to the regulations set by the Financial Conduct Authority (FCA). This comes with some guarantees, therefore after taking advice from a FCA approved financial adviser in Paddock Wood, you can seek reparation from the Financial Ombudsman or the Financial Services Compensation Scheme, if if things go wrong.

A decent starting point in choosing a financial adviser in Paddock Wood can be friends and neighbours, but bear in mind that the type of advice you're searching for might be somewhat different to theirs. Any advice they provide needs to be adapted to your particular circumstances, and every financial adviser is not suitable for everyone. Choosing the right financial adviser is crucial and it is a good idea to speak with at least 3 different companies in order to check out the options they can provide, and to find one that you feel comfortable with and can trust.

When it comes to picking a financial adviser in Paddock Wood, there are essentially two principal types; independent financial advisers and restricted advisers. The good thing about seeing an independent financial adviser is that they will not be confined to a single provider's services or products, and can offer a broader range of options. Covering the whole spectrum of financial companies and products, independent financial advice must be given in an unbiased and impartial way to customers. This will allow you to select from the broadest range of products to meet your needs. A restricted financial adviser might be concerned with an individual product, as with a mortgage adviser, or be limited to services and products from a single firm.

Before any Paddock Wood financial adviser takes you on as a client, they're required by the FCA to discuss their charges with you. You may be charged a set fee, by the hour or perhaps even a percentage of your investment, subject to services you require. You might be offered the possibility of a free first consultation to allow you to discuss your goals and determine whether the adviser is a good fit for you and your circumstances. If you use one of the larger Paddock Wood firms, your account may be managed by a team of advisers rather than just one individual.

To outline your financial situation and ambitions to the advising firm, you'll have to fill in a "Fact Find" form, which is a confidential disclosure document. A Key Facts Document, or Initial Disclosure Document will also be handed to you, providing information on the financial advisers themselves, outlining the scope of their permissions in the financial arena and their status to offer independent or restricted advice. If you're not happy with the service provided, and wish to submit a complaint, this document should also set down your rights and the options you can take. It should be written in plain English and outline what you're signing up for, and any potential benefits and risks if you elect to go along with the advice offered. The level of cooling-off period should also be explained in this Key Facts Document. Within a specific period of time, this enables you to cancel the agreement with your financial adviser.

The first time you are speaking to the financial adviser 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're about to entrust them with your long-term financial wellbeing. Every Paddock Wood financial adviser must be able to present an annual Statement of Professional Standing, and must hold a minimum of a Level 4 qualification. If the adviser's name does not appear on the Financial Services Register, you should not panic, the firm the individual works for should be found on the register and their employees are all covered by the legislation. If these can't be provided the person can still offer financial guidance rather than financial advice. Guidance is different to advice as it is not regulated in the same way, and if mistakes are made there will probably be no recourse to either party.

If you are seeking advice on investments you will be asked about the amount of risk you're comfortable with. Most investments carry some element of risk, but higher risk investments could offer better rewards, but also more likelihood of losing some or all of your money. Your savings objectives will have to be carefully considered if the best financial and investment advice is to be given, i.e. how much you wish to invest, how rapidly you need to access your money and long or short term investments. You must invariably ask yourself the one vital question, how much money can you afford to lose. Known as your capacity for loss, this will very likely have an effect on products and services that you are offered.

If you've already got any current regular outgoing payments, investments, savings accounts or mortgages, you should tell your financial adviser about these. To ensure that you get the most suitable advice for you, they need to have a clear and full picture of your financial circumstances. Diversifying your investments and savings by spreading the risk across a number of different products, is an important part of sound financial advice. So as to mirror your goals and financial situation, an experienced financial adviser in Paddock Wood will understand the best areas to consider.

Communicating in in the simplest terms possible, your financial adviser will throw open the multifaceted world of investment and finance. You should be able to make an informed decision once you have compared the various products and services that match your needs. If you are environmentally minded, you can ask your adviser to stick to ethical investment and savings schemes. You will then be able to stay away from firms that corporations meet your criteria, but instead support those firms and organisations that address your concerns, for instance green energy or zero carbon.

It could prove difficult to manage your work day and other commitments around working closely with a financial adviser in Paddock Wood. Face-to-face meetings can be backed up with telephone and video conferencing to enable you to seek advice at a time to suit you. Home and remote working is now so common, and an established financial advice firm in Paddock Wood will have stringent measures in place to ensure your details are kept confidential and secure, even if you rarely have a one-to-one meeting with your adviser.

COMPLAINTS

You must always keep in mind that the financial sector can be volatile, and the value of your investments could just as easily go down as well as up. If your investment fails to make as much money as you were hoping for, it can be quite worrying and disheartening. Regrettably, a downward trend in your investment isn't seen as a grounds for complaint, unless it's due to misleading or wrong information from your adviser.

Any complaints should begin with the firm's complaints procedure as outlined in the Key Facts Document. If the problem is unresolved within the timeframe set out by the regulating authority, and your adviser is a member of the FCA, you can advise the Financial Ombudsman.

After reviewing the cause of the complaint, the Financial Ombudsman will come to a decision on the issue. A decision is made on how to financially compensate the client, if the complaint is upheld. Once the decision has been accepted by the customer it becomes a legally binding decision which the financial adviser and their company, must comply with. Any inconvenience, hassle, annoyance and distress caused to the client during the situation, will be considered when the Financial Ombudsman establishes the level of compensation.

Financial advice can be provided in Paddock Wood and also nearby in: Brenchley, Five Oak Green, Tudeley, Mile Oak, Laddingford, West Farleigh, Beltring, Queen Street, Hunton, Marden, East Peckham, Hadlow, Golden Green, Horsmonden, Nettlestead, together with these postcodes TN12 6UN, TN12 6AE, TN12 6JD, TN12 6DQ, TN12 6HP, TN12 6NG, TN12 6UT, TN12 6AU, TN12 6UE, TN12 6JE. Locally based Paddock Wood financial advisers will likely have the postcode TN12 and the dialling code 01892. Checking this out can confirm you are accessing locally based financial advisers. Paddock Wood property owners will be able to benefit from these and various other similar services.

A Financial Advisor's Daily Tasks

• Financial advisors provide education, counselling and consultation regarding investments and finances.
• Financial advisors keep detailed records of clients and transactions.
• Financial advisors research financial products and explain them simply and clearly to their clients.
• Financial advisors work in collaboration with their peers to collect market information, statistics and trends.
• Financial advisors keep fully up to date with new products and law changes.
• Financial advisors chat with clients regarding their finances and plans.
• Financial advisors meet targets for sales and performance.
• Financial advisors produce financial reports.
• Financial advisors update clients regarding their investments.
• Financial advisors negotiate with financial product providers.

Skills and Knowledge Needed by Financial Advisors

• Effective customer service skills for identifying customer needs.
• A good level of math knowledge for producing financial packages.
• A good knowledge of economics and accounting with regard to financial products and markets.
• To be organised and self-motivated.
• To have the ability to listen attentively
• Effective business management skills for negotiating product rates.
• To be confident in using a computer and the primary software packages.
• The ability to promote services and products.
• To have the ability to network and establish solid relationships with clients.
• To pay attention to detail and be thorough.
• Excellent skills in verbal communication.

Paddock Wood Financial Advice Services

There are a wide array of services which can be provided by your local Paddock Wood financial advisor including cashflow planning in Paddock Wood, divorce planning, personal protection, life assurance advice, wealth management & investments, stakeholder pensions, family income benefit, tax advice, independent financial advice in Paddock Wood, financial planning Paddock Wood, bridging finance in Paddock Wood, saving for children, inheritance tax planning Paddock Wood, pension planning Paddock Wood, mortgage advice, will writing services in Paddock Wood, personal pensions, ethical investments in Paddock Wood, annuities in Paddock Wood, financial analyst services, equity release advice in Paddock Wood, offshore investments, bereavement benefits, business protection in Paddock Wood, money planning, pension advice, investment bonds, pension consolidation in Paddock Wood, cash flow modelling, critical illness cover in Paddock Wood, and lots more. These are just an example of the tasks that can be handled by local financial advisers. Paddock Wood professionals will be delighted to keep you abreast of their entire range of financial services.

Financial Advisers Near Paddock Wood

Also find: East Peckham financial advisers, Horsmonden financial advisers, Beltring financial advisers, Tudeley financial advisers, Five Oak Green financial advisers, Hadlow financial advisers, Hunton financial advisers, Marden financial advisers, Laddingford financial advisers, Nettlestead financial advisers, Brenchley financial advisers, Golden Green financial advisers, Queen Street financial advisers, Mile Oak financial advisers, West Farleigh financial advisers and more. The majority of these towns and villages are serviced by local financial advisers. Paddock Wood residents can get price quotes by clicking here.

Paddock Wood Financial Advice Services

Find Financial Advisers in Paddock Wood Here

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Financial Advisors Around Paddock Wood: In Mascall's Court Road, Allington Road, Nursery Road, Crittenden Road, Heather Bank, Le Temple Road, Transfesa Road, Siskin Gardens, Ewins Close, Mile Oak Road, Ashcroft Road, Cogate Road, Challenger Close, Oaklea Road, Wagon Lane, Buttercup Close, Fuggles Close, Cobbs Close, Forest Road, St Andrews Road, Kiln Way, Warrington Road, Pearsons Green Road, Kingsmead Park, Alliance Way, Bullfinch Close, as well as the following local Paddock Wood postcodes: TN12 6UN, TN12 6AE, TN12 6JD, TN12 6DQ, TN12 6HP, TN12 6NG, TN12 6UT, TN12 6AU, TN12 6UE, TN12 6JE, folks have recently needed financial and investment advice. Folks residing in these areas recently requested help from a financial adviser. Paddock Wood residents benefited from trusted and competent financial services in every case.

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More Kent Financial Advisers: More Kent financial advisers: Faversham, Broadstairs, New Romney, Maidstone, Sevenoaks, Staplehurst, Sittingbourne, Dartford, Northfleet, Boxley, Margate, Chatham, Canterbury, Ashford, Herne Bay, Westgate-on-Sea, Birchington-on-Sea, Deal, Sturry, Aylesford, Strood, Edenbridge, Wilmington, Lydd, Whitstable, Hartley, Tonbridge, Rochester, Sheerness, Gravesend, Westerham, Swanley, Tunbridge Wells, Cranbrook, Sandwich, Paddock Wood, Kingsnorth, Biggin Hill, Folkestone, Southborough, Ramsgate, Tenterden, Walmer, Pembury, Dover, Gillingham, Swanscombe, Minster, West Kingsdown, Bearsted, East Malling, Snodland and Meopham.

Independent financial advisers in TN12 area, phone code 01892.

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