Do you have to pay for financial advice?
Do you have to pay for financial advice? Many financial advisers offer an initial meeting free of charge. Some advisers offer different ways that you can pay for advice. If there's a particular option you prefer, ask the adviser as they might be happy to negotiate. What is the average cost of financial advice? Proportion of the money you want to invest. This is a percentage of your assets. The Financial Conduct Authority (FCA) says advisers charge an average of 2.4% of the amount invested for initial advice and 0.8% a year for ongoing advice (1.9% p.a with underlying product...