Friend or foe?
Article Abstract:
Independent financial advisers (IFAs) have entered the professional scene in Manchester, England, and some brokers have close relationships with IFAs, while others prefer to be more distant. IFAs may need to call on brokers for expertise in managing portfolios, and will seek advice on bespoke portfolio management after an assessment of the client's needs. Straight commission revenue is being replaced by fee-based revenue, as part of a wider trend within the industry.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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DBS Management
Article Abstract:
DBS Management involves nearly 1,700 financial advisers, supplying central services like regulation and training and receiving a proportion of commission income. The company plans a full listing on the UK stock exchange in Mar 1997. DBS has a good performance record in terms of profits and reported a 100% rise in pre-tax profit for 1st half 1996 to 1997. The company's profit for full-year 1996 to 1997 is forecast at 5.9 million pounds sterling by BZW.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Choosing a financial adviser: when buying an investment, life assurance or pension product, you may decide that you wish to receive some informed financial advice. But should you choose an IFA or a tied agent?
Article Abstract:
Independent financial advisers (IFAs) should be the preferred source of advice as they are not under any obligation to recommend only one company's products. An IFA will offer advice on suitable products for individual requirements. IFAs either earn a fee or commission, and consumer groups favour fees, which they believe are more transparent.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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