Stockbrokers -'advisory services'

Almost all private client stockbrokers offer an advisory service. This tends to start off with a meeting at which you can discuss your requirements with the broker without any obligation.

There are effectively two forms of advisory service. In one the broker advises on the purchase sale or retention of individual stocks but you do not necessarily have to reveal the full extent of your investments.

In the other you give the broker full details of your investments and in addition to advice on individual stocks and capital gains tax CGT you will receive regular valuations and advice on your fund as a whole - this is an advisory service which covers your entire portfolio.

When setting up the relationship youll need to agree the degree of risk you find acceptable and appropriate. And specify your objectives are you looking to maximise income Or is capital growth the priority Or do you want both

See alsoWhat is a stockbroker Moneyextra.coms Sharedealing service

2009-02-17 00:00:00 © Moneyextra.com