I have always been confused why most high net worth individuals, most of whom would be successful entrepreneurs, why they would use the likes of Barclays Wealth with their High Fees. The figures in the following article show how uncompetitive Barclays Wealth is compared with paying fees for an Independent Financial Advisor or a Chartered Financial Planner. http://www.moneymarketing.co.uk/investments/barclays-wealth-unveils-post-rdr-advice-charges/1061684.article The added benefit of using a firm of Independent Financial Advisors is that they will not be influenced by their own internal products their employer has to offer. Always be wary of a company which offers fees as a percentage rather than as an exact figure.rnrnThis is the personal opinion of the author.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
