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@Gizmorat
^Hmm didn't think they were contentious points.
It's in the advisors interest to maximise his income, it's in your interest to minimise it, clear conflict of interest.
"[Fees] are so high that the industry is actually destroying value for the UK investor at least as fast as the stock market can create it... And the highest cost of all are personnel costs, wages and bonuses."
http://www.guardian.co.uk/business/2011/dec/17/treasury-warned-over-traders-fees
Secondly if your advisor led investments tank, does he feel the pain ? Does he tote up the days / weeks / years of salary that have just vaporised ? Can he respect your money like you do? No, clearly not because it's not his f*cking risk.