Women & Money Cafe Podcast

Can I afford financial advice? What does it cost? Will I get ripped off? These are some of the questions that might be going through your mind if you are toying with the idea of approaching a financial adviser.

We get it! It’s confusing, opaque, and a bit of mystery.

In this episode Julie & Michelle are going to explain how financial advisers charge and why. And more importantly, what you can do make sure you pay the way you want to.

One of the big myths is that we only charge in percentages. It is one of the most common ways you will see advisers charge but it’s not the only way. And you can ask for something different.

Golden rule: know what you are paying for in £s and what that buys you. Then you can determine if that feels worth it to you.

We’ll cover the 3 potential triggers to pay a financial adviser:

  1. The advice
  2. Implementing the advice
  3. And looking after your money (aka ongoing service)

We’ll also share some tips on how to find a flat fee financial adviser; when it makes sense to pay a financial adviser an hourly rate; and how to limit the ongoing fee if you are paying one.

Julie did her best to explain how St James Place charges work as they are a little different. You can find them here and Julie’s advice fees are here.

Julie Flynn
 is an experienced independent financial adviser and financial coach. Justice and equality drive Julie. Which is why she’s spent years studying and researching how stress affects our financial decision making.

She uses her years of experience and research to support women experiencing or planning significant change in their lives. 

Julie is best known for her work with women who have lost their partner and coaching financial services business who want to implement fair and transparent charges.

Ebb & Flow Financial Coaching | Bree Wealth & Tax | Instagram

Michelle Lambell  started her career in financial services as a Stockbroker in 1999 undertaking both advisory and discretionary investment management. Following a career break where she spent time being a mum and running an arts and crafts business, Michelle returned to financial services in 2013 undertaking further study.

Today she is a Chartered Financial Planner, specialising in retirement planning advice, pensions and investments and a Certified Financial Coach. Michelle has a passion for providing financial advice, guidance and education to everyone, regardless of their gender, age or current circumstances.
Website | Instagram

Enjoy Other Ways to Listen | APPLE | SPOTIFY

Disclaimer: The information provided in the Women and Money Café Podcast and Website does not constitute financial advice and nor should it be taken as such. They are thoughts and discussions in around money and possible options available to you. Whilst all attempts are made to provide accurate information at the time of publishing you should seek your own clarification . Should you require advice for your specific set of circumstances contact a qualified, authorised financial adviser directly.

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