Podcast80: Humans Under Management with Andy Hart
Informed Decisions Independent Financial Planning & Money Podcast
00:00
Is There a Perfect Way to Charge for Lifetime Financial Advice?
Andy says there's no perfect way to charge for lifetime financial advice. He charges 1% of the assets that he advises on, so if a client has 200,000 and they have 800,000 it will be 8000. The other option is to do flat fees - we charge a flat fee of 2000, 4000, 5000,. Sure. But as a say, whatever I'm charging, that's charging 1%. Hopefully I earn my 1% fee in the financial planning. And again, we get close relationships with our clients.
Play episode from 37:11
Transcript
