How we are paid
Historically, Financial Advisers have been remunerated in the past by taking a commission. We want to get away from this by putting you in control of the way you are charged. In that way, we will not charge you for more work than we have put in on your behalf.
Initial Consultation – This service is free and enables Wellserve to identify how we can assist you and for you, the client, to decide whether you like the way we work.
After our initial consultation, we will advise you on what the next stage would be and the likely cost involved. At the end of the process, the fee will either be paid by you or offset against any commission we receive as a result of the setting up of a financial product.
On-going Service – We are committed to an on-going service and for this reason we will be paid an annual renewal commission from the product provider. This is taken care of within the charges and this allows us to continue to help you in the future regarding your investments.