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first time investing via financial advisor
Comments
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Rollinghome wrote: »Prior to the diversion into plumbing was quite enlightening. Especially interesting how the lack of any prior educational qualifications for IFAs, including O level maths, was defended.
i agreeAnd of course the former salesman on this board now working as an IFA, as in fairness most IFAs are, was largely right. An ability for figures isn't really necessary for the job most IFAs do when they're are paid directly by the investment industry as salesmen for their products.
Looks like the news for IFAs isnt so grim after all . Post RDR only 20% are going to disappear instead of the 33% initially thought, according to Hector Sants.
Perhaps some who leave will retrain as plumbers?0 -
Quite possibly, perhaps some will learn to read.feesarefare wrote: »Perhaps some who leave will retrain as plumbers?Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0
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