Majority of fee-based IFAs target £150-£200 an hour

Laura Miller
clock

Three out of five fee-charging IFAs bill clients between £150 and £200 an hour for advice, research by threesixty suggests.

threesixty surveyed 151 advisers across 133 of its client firms between November and December 2011 and found only 18% of respondents charge less than £150 per hour. A quarter said they offer a fee option charge of £150, with 11% charging £175 and 13% £200 per hour. Another 14% offered rates at other levels between £150 and £200. About 7% of those asked charge £250 an hour, 3% charge £300 and 1% as much as £350. Another 5% charged fixed amounts between £210 and £295, with 3% offering a variety of ranges between £120 and £250. Elsewhere, the research suggests a high degree of opti...

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

Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read
FCA flags progress on internal DEI targets and urges action on Consumer Duty

FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock 11 July 2025 • 2 min read
FCA reviewing client categorisation rules to distinguish retail investors from the pack

FCA reviewing client categorisation rules to distinguish retail investors from the pack

Goal of 40 more initiatives to be completed by year end

Eve Maddock-Jones
clock 10 July 2025 • 2 min read