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How does payment for financial advice work?

14th April 2021

To keep it simple, use fee only advisers. They will charge a % of assets invested for services or an hourly rate which is all agreed in advance.

You need to know all your costs. These include your adviser fees, your  fund and platform fees and any brokerage costs. Any excess fees can make a massive difference as to how your funds will grow.

Transparency is key if you are going establish a good working relationship with your IFA.

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Robson Macintosh & Company Ltd.
15 Manor Place, Edinburgh, Scotland, EH3 7DH
Tel: 0131 226 6700 Email: enquiries@robmac.co.uk
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Registered in Scotland No. - SC232903.
Registered office: 15 Manor Place, Edinburgh, EH3 7DH
Robson Macintosh & Company Limited is an Independent Financial Adviser authorised and regulated by the Financial Conduct Authority FCA Reference number 217853. The guidance and or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service please visit www.financial-ombudsman.org.uk
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