There is a lot more to Adviser Charging than you may think. Understanding the implications of your recommendations is key to providing the right advice to your clients.
Transitioning your clients to Adviser Charging in a controlled manner not only ensures that your clients are being treated correctly but allows you to protect your income. Making sure that you understand the implications of any choices you make around how your clients pay fees, and also what triggers Adviser Charging, is a big part of this.
Our compliant Adviser Charging process enables you to switch your platform clients to Adviser Charging at a time you see fit and ahead of the mandatory upgrade of ISA and CIA accounts later this year. The below links provide you with more information to help you understand Adviser Charging with Old Mutual Wealth.
Understanding our three charge bases
Adviser Charging post R-Day at-a-glance scenarios
This quick reference guide looks at what actions on existing clients products will trigger a move to adviser charging.
Adviser fees – authorisation form
This form allows your clients to authorise Old Mutual Wealth to pay the fees you have agreed with them for their investments on the platform.
Adviser Charging top transition tips
If you would like to discuss Adviser Charging further please speak to your Old Mutual Wealth Sales Consultant.