Towry Law restates fee-based philosophy

clock

Towry Law has re-iterated its belief that a fee-based service is the "only" way consumers can receive truly independent advice after today moving into new offices.

The firm, which has been conducted an anti-commission campaign, has moved to new premises in Edgbaston, Birmingham, as part of its expansion into the Midlands. Towry Law, headed by CEO Andrew Fisher, argues a commission model creates a conflict of interest between the client and the adviser that may lead to inappropriate advice and recommendations. "We believe that a fee-based service is the only way individual and corporate clients can ensure they are receiving truly independent wealth advice, and we look forward to continuing to build relationships with clients, and their legal and ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA urged to prioritise a 'common sense' approach

FCA urged to prioritise a 'common sense' approach

Last week’s PA Asks poll highlights industry’s thoughts on the FCA

Sahar Nazir
clock 25 March 2024 • 2 min read
Advisers overlooking younger clients over asset value bias

Advisers overlooking younger clients over asset value bias

'Young people need to have access to trusted advice'

Sahar Nazir
clock 22 March 2024 • 1 min read
Financial advice crucial as near-term challenges remain

Financial advice crucial as near-term challenges remain

'A good IFA has rarely been more valuable'

Ahmed Bawa
clock 22 March 2024 • 4 min read