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What is an acceptable fee for a financial adviser plus usage of a platform / custodian account?

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  • 01-03-2024 11:51am
    #1
    arrowman
    Registered Users Posts: 124 ✭✭


    Maybe this is how long is a piece of string question but anyway...

    Interested in getting an idea of the ongoing (monthly) fees that people are paying where they have a lump sum invested in ETF funds.



Best Answers

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    #1
    SharkMX
    Registered Users Posts: 1,045 ✭✭✭SharkMX


    Investing is near free when using degiro, trade republic, trading212 etc

    If you want a financial advisor expect t pay about €100 per hour for a couple of hours for in depth advice. Dont buy anything off then though if they get a commission for the product. Always ask are they getting anything at all from a third party for selling you what they recommend. If they are its biased advice and best avoided.



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    #1
    Padre_Pio
    Registered Users Posts: 4,898 ✭✭✭Padre_Pio


    AskPaul put discount codes on their Facebook every so often and they'll do an hour consultation. You fill out some forms ahead of time and they go through your finances.


    They'll try to sell you an investment with Zurich which they get a certain % commission, up to you if you take it.



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    #1
    Padre_Pio
    Registered Users Posts: 4,898 ✭✭✭Padre_Pio


    Trade republic have free fees on recurring orders which is great.



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    #1
    Geuze
    Registered Users Posts: 13,079 ✭✭✭✭Geuze


    https://www.boards.ie/discussion/2058338509/what-is-an-acceptable-fee-for-a-financial-adviser-plus-usage-of-a-platform-custodian-account

    Monthly fee = zero on DeGiro.



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