Armchair Critic: How much should advice cost?
£1k or £5k - or 3%?
Brendan Llewellyn: "If a client sees value in a high, frequent level of ongoing contact then a greater time commitment should of course result in a higher price."
Over the last couple of months adviser remuneration has hit the headlines once again and so PA's armchair critic Brendan Llewellyn looks at how he thinks advisers should charge their clients...
Adviser fees are in the news again for shape, amount, or in terms of pre marketing disclosure. And, because there are no universal practices, the subject will not fade into the shadows any time soon...
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