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Typical fees for S&S advice?
Hoopie
Posts: 31 Forumite
I have £125k in stocks and shares (for 1.5 years now). I am currently paying c. £600 pa for advisor charges plus £330 for Aegon platform admin.
Do these sound reasonable fees?
I just wanted to check,as at the moment my investment value is down to £117k. Thanks
Do these sound reasonable fees?
I just wanted to check,as at the moment my investment value is down to £117k. Thanks
0
Comments
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Fees look reasonable. Down 1.5% is probably fine - world markets have performed relatively poorly over the past year. We dont know enough about your investments to say much more than that.0
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I have £125k in stocks and shares (for 1.5 years now). I am currently paying c. £600 pa for advisor charges plus £330 for Aegon platform admin.
It looks like the adviser charge is 0.50% p.a. which is the dominant figure used. Platform charge is good.
That is a tiny 6.4% drop. In a period where markets fell, on average 16%.I just wanted to check,as at the moment my investment value is down to £117k.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Looks good to me all round. Stay as you are.0
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What is your advisor doing for the £600 pa?0
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Do you need the advisor? Halifax would charge £12.50pa if you have a S&S ISA otherwise £0I have £125k in stocks and shares (for 1.5 years now). I am currently paying c. £600 pa for advisor charges plus £330 for Aegon platform admin.
Do these sound reasonable fees?
I just wanted to check,as at the moment my investment value is down to £117k. Thanks0 -
The advisor set up all the portfolio including ISAs - way beyond my skills. Other than that monitoring (I hope) and supplying updates, and an annual review.0
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Fees look reasonable. Down 1.5% is probably fine - world markets have performed relatively poorly over the past year. We dont know enough about your investments to say much more than that.
If income has been reinvested. Then the actual fall is greater. If meaningful comparisons are to be made.0
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