Non-motoring > Fees on Investing Etc. Miscellaneous
Thread Author: Bromptonaut Replies: 15
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New Sun 2 Jul 23 10:28 
 Fees on Investing Etc. - Bromptonaut
When my Mum died I inherited took half of her investment as they were rather than cashing them in and having to chase around to reinvest. They're run 'Wealth Managers', a reasonably well known outfit, who take an ongoing management charge of around 1.5%.

We have further money, approx £80k cash, to invest. About half is in Cash ISAs though I don't think that's relevant.

They want 5%, so approx £4000, as a fee to add our cash and invest it in their products.

Is that a reasonable/competitive charge?
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 Messages Author Date
 Fees on Investing Etc.  new Bromptonaut 2 Jul 23 10:28
 Fees on Investing Etc.  new Duncan 2 Jul 23 10:38
 Fees on Investing Etc.  new sooty123 2 Jul 23 10:40
 Fees on Investing Etc.  new Bromptonaut 2 Jul 23 11:04
 Fees on Investing Etc.  new sooty123 2 Jul 23 11:18
 Fees on Investing Etc.  new Bromptonaut 2 Jul 23 11:21
 Fees on Investing Etc.  new sooty123 2 Jul 23 11:33
 Fees on Investing Etc.  new Duncan 2 Jul 23 11:39
 Fees on Investing Etc.  new bathtub tom 2 Jul 23 12:14
 Fees on Investing Etc.  new Terry 2 Jul 23 12:47
 Fees on Investing Etc.  new Duncan 2 Jul 23 12:50
 Fees on Investing Etc.  new martin aston 2 Jul 23 14:19
 Fees on Investing Etc.  new Bromptonaut 2 Jul 23 15:19
 Fees on Investing Etc.  new martin aston 2 Jul 23 17:42
 Fees on Investing Etc.  new Manatee 2 Jul 23 15:44
 Fees on Investing Etc.  new Lygonos 2 Jul 23 16:42
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