Using an IFA

Jaco70

I have used an IFA for many years, to deal with my mortgages and personal pension.

A few years ago I decided to invest some money from my small limited company, in an attempt to mitigate inflation, which was about 10 percent at the time. The investment fund has done ok.

I now want to invest a bit more (not adding to the existing funds, buying some US stocks), but don’t know if I should use an online platform with low fees? I do like having an actual person to phone or email, when I need something, and I’m not looking to add to my personal workload, as I’m busy enough. But I don’t want to lose a lot of money over time. 

Any advice welcome.

Brie

The rule when investing is DYOR - do your own research.  At least that's what I was taught.  And that's why I stopped investing because it's so time consuming, you can get the timing wrong, have bad luck picking the wrong fund, miss out on dividends being reinvested...... 

Much easier to my mind to invest in a fund that spreads the risk a bit perhaps following the advice given by an IFA.  I used to know someone who had an IFA managing a small amount of money and he had the bulk of his investments elsewhere but mimicked what the IFA was doing.  Not sure the IFA knew what was happening but in reality I think this must happen quite a lot.  

dunstonh

I now want to invest a bit more (not adding to the existing funds, buying some US stocks), but don’t know if I should use an online platform with low fees? I do like having an actual person to phone or email, when I need something, and I’m not looking to add to my personal workload, as I’m busy enough. But I don’t want to lose a lot of money over time. 

Many platforms don't offer limited company investment accounts.
Many companies are best using the investment bond wrapper as you can control when gains get included in the accounts (although it depends on your accountancy method).