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Adviser services are worth a fee

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NZ Adviser | 06 Apr 2016, 04:28 p.m. Agree 0
Mortgage Link financial adviser Judy Steiner says those inside and outside the industry need to recognise that charging a fee for service is an acceptable outcome for the value advisers provide
  • Sceptic | 12 Apr 2016, 02:54 p.m. Agree 0
    I have seen evidence of unauthorised registered mortgage adviser charge fees for producing a mortgage offer severely deficient from what the client could get themselves from their own bank. I suggested they simply not pay the $300 fee demanded by the unauthorised registered mortgage adviser and accept their banks superior offer. The unauthorised registered mortgage adviser threatened him with the small claims court. Unauthorised registered mortgage advisers who can’t do a superior job to that which the client can do themselves are doing the industry no favours.
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