Clients won't pay by the hour? That's all mine do...

According to research by Axa Wealth, few investors would select to pay for financial advice based on a per-hour charge. Yet one adviser who runs an Essex-based business - and who asked not to be named - has been operating a per-hour fee charging system for six years and says no client has ever challenged it… "Every piece of annuity or investment advice I have ever given has been paid for on a per-hour basis. Doing it this way means that product or provider bias is completely stripped out. To date, I haven’t had one investment client who isn’t prepared to pay in this way. It is possibl...