In This Chapter
Knowing the level of service you want
Sorting out advice from non-advice
Discovering the costs
Considering what questions to ask
Understanding the sign-up process
Stockbrokers used to have an image – deserved or not. They supposedly wore pin-striped suits and bowler hats, arrived at work in the City from their large country homes around 10:15 a.m., went out for a long lunch at their club around 12:45 p.m. (where they started with several large gin and tonics and ended with several large brandies), returned to work at 15:30 p.m. and went home again around 16:30 p.m., travelling first class, of course. These days most stockbrokers work very long hours and take a sandwich lunch – but they can still earn enormous salaries and bonuses.
Financial advisers also used to have an image. Theirs was probably more deserved. They were people who found double-glazing sales too ethical and knew every trick in the book to fool ...