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Financial advisors - how should they charge?

3 replies

CountessDracula · 07/09/2006 10:15

DH has a new FA and he has sorted out some ISAs and stuff for him recently. He has charged him £200 plus his commission (ongoing)

I always thought that they either worked on a charge OR commission. Whenever I have dealt with them in the past I have paid them and then they have refunded the commission to me

Anyone?

OP posts:
CountessDracula · 07/09/2006 10:53

bump

i seem to remember some people with FA dhs or parents

OP posts:
MaryBS · 07/09/2006 11:50

Ours is FOC, gets paid by the company if he sells us their products - is that what you mean by commission?

CountessDracula · 07/09/2006 12:05

yes it is

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