How much? The crux of adviser firm charging models

'Wide variety of fee combinations'

clock • 8 min read

Since the Retail Distribution Review was first confirmed around a decade ago, charging models have been a long-running topic of debate within the financial advice arena, but where are current trends heading? Melanie Boulton explores the issues

Although the UK is by all accounts exiting the Covid-19 pandemic, uncertainty remains and the financial advice profession is still under pressure. Clients who have been hit badly by the pandemic, and with the added time on their hands, may ask whether their current fee for advice and service is value for money. Younger clients, who have yet to amass sizeable wealth, may be putting the price of advice under greater scrutiny and those who do choose to seek financial advice could potentially start turning to cheaper, robo-advisers and ‘hybrid' models. Research carried out by the Financial C...

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 Business

Editor's view: When regulation fails to bite

Editor's view: When regulation fails to bite

The editor's Friday Night Takeaway from 13 December

Jen Frost
clock 13 December 2024 • 2 min read
PA360: Secure your place as adviser conference returns to London

PA360: Secure your place as adviser conference returns to London

Join us for practical insights on adapting to change and hear from Alastair Campbell

Professional Adviser
clock 12 December 2024 • 2 min read
What's in an advice firm's brand? Not a lot, it turns out

What's in an advice firm's brand? Not a lot, it turns out

'Businesses spend days, weeks, months even, agonising over their brand'

Justin Cash
clock 12 December 2024 • 4 min read