Those charges can be a bit of a drag FEES: It's wise to ask how much you are paying, but it is always possible to negotiate a discount, writes Daniel Thomas - 26.06.2007
Financial Times
The article focused on the fee structure in the wealth management industry. The report refers to data obtained from Compeers annual industry survey. It also quoted Alison Malton, ComPeer’s managing director, on the various different payment methods, which she described as bewildering. She was also quoted on saying that there is sufficient choice in the market to cater for all investors and that banks are open to negotiation. Therefore, investors should not always accept the first offer.