Have Your Adviser Fees Increased by Stealth Without You Knowing?
Published / Last Updated on 13/02/2025
Most financial advisers charge their fees on a % of wealth of investment fund values. The usual model being:
- 2-3% upfront adviser fee.
- 0.75%-1.0% pa ongoing adviser fee.
Given the increase in investment fund values over the last few years, if your adviser charges based upon % of value, then they have had a huge fee increase/pay rise without you even thinking about.
- You would complain if your council tax, gas or electricity or mobile telephone bill went up by 20% but
- Are you even aware you may now be paying even more for ongoing financial advice compared to last year.
As at 07/02/2025 the FTSE 100, FTSE 250, Dow Jones 30, S&P 500, Dax, CAC, Shanghai Comp., Hang Seng and Nikkei 225 have increased in value by an average of 21.54% compared to their year low values.
- This means that if your pensions or investments are invested in these markets, you should have seen a healthy increase in the value of your funds.
- Equally, if your adviser charges % of value fees, then they too could be charging you 21% more than they were last year.
We have long laboured and campaigned that % of value adviser charging is not always fair to the consumer and in many cases, you would be better off moving to a faire, fixed rate of fee for ongoing financial advice and wealth management.
Take a look at our fixed fees
Initial Fixed Fees Our Fees
Ongoing Advice Fixed Money MOT Fees: Money MOT
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