Relatiionship with IFA

Posted by agburton PM | on Tue, 14/08/2012 - 11:10 702 6 comments | report

I have a couple of clients who would clearly benefit from Investment Advice from an IFA. I have some experience of one local firm (who act for another client of mine) and had in mind approaching them with a view to forming a relationship. Is it reasonable and/or normal practice to ask for a referral or split commission? If so what sort of amounts/percentages have others achieved? Is it worth shopping around, both to get the best deal for me and to make a preliminary assessment of capabilities for my clients?

Any other experiences of managing such a relationship would be greatly appreciated.

Alan

Comments

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What sort of relationship are

dreamcatcher | Tue, 14/08/2012 - 12:50

Referral

Fidodido | Tue, 14/08/2012 - 13:07

Pole & Barge come to mind

Paul Scholes | Tue, 14/08/2012 - 13:49

In my experience it's not

bernard michael | Tue, 14/08/2012 - 14:52

I just expect referrals back

Ken Howard | Thu, 16/08/2012 - 17:14

Thanks all

agburton | Mon, 20/08/2012 - 22:02