IFA charges on a £50 k investment.

[Buster73]

What sort of charge should I be paying on a £50k investment possibly spread over a few funds after taking her advice.

Up front fee and ongoing trail commission .

Any pointers in the right direction would be appreciated .

[Buster73]

Petrus1983 said:

The company I use (which admittedly is very good) charges 2% initial plus 1% amc. For that I get great service and last year a 14% return whilst keeping 20% in cash. This year we hit 12% by mid April and went into a managed defensive fund to sit it out. Pm me if you want more info. I think your biggest problem is a lot of people won't deal with £50k but at the same time mine probably would for the right person.

£50 k not enough like ?

It's not a cash transaction FYI .

[Buster73]

Got the charges down to 1.5 % and .5% trail commission .

I'm relatively happy with that , thanks for the replies.