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Financial and mortgage advice
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lookstraightahead
Posts: 5,558 Forumite

Hello
How do I go about finding a good independent financial adviser and how much do they charge and when they charge etc.
How do I go about finding a good independent financial adviser and how much do they charge and when they charge etc.
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Brokers are not allowed to tout for business on here.
Best things is to ask family and friends if they can recommend someone local.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Google/Friends/Family.
One thing to bare in mind is that financial advisors usually do pensions/investments/protection where as Mortgage advisors will usually do Mortgages/Protection although you may find a firm or advisor who does both.
My understanding is that financial advisors charge a fee of around 1-2% of the investment amount on an annual basis.
A mortgage advisor may charge a fee which could be upfront or on completion or anywhere in between, not all mortgage advisors charge. But I would expect most mortgage brokers for an average case to call somewhere in between £250-600.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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