You can’t have it both ways. St James Place are the sole salesforce survivors, still here after nearly 30 hears when the men from the Pru, Abbey Life and Allied Dunbar are long gone. That’s because they make a profit by charging a lot and incentivising their ‘partners’. If you want the same advice at lower cost but without leather bound, gold-plated offices and swanky brochures, go to, well, someone like me. Although they’d tell you, I’m sure, that a corner shop’s always cheaper than Harrods.
“Letter of authority: Why now is the right time for change”
This may sound like a non-issue from outside the world-of-financial-advice bubble. It is the bain, however, of the daily working lives of many of us, particularly of those paid by we advisers to do the dirty work of dealing with the many providers with whom we have to work.
