It’s not a wealth tax. It’s a wealth multiplier.


Manage episode 245397267 series 1019880
By Martin Bamford. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

An obsession with the cost of advice is denying investors access to the value of advice.

When influential commentators position ongoing adviser fees as a ‘wealth tax’, they ignore the significant level of value added by the provision of good advice and planning.

In this episode, why the wealth tax is really a wealth multiplier, and how financial advice adds 3% a year to the size of your portfolio.

497 episodes