David Ferrall is the CEO of FinClear. FinClear has recently launched a HIN based platform model for financial advisers. In this video with Informed Investor, David discusses the multiple layers of fees a client pays inside the existing platforms models.
Key Points in the video :
- There are five layers of fees a platform client pays to be administrated by a bank or independent platform
- What are the hidden fees ?
- Is free brokerage the future ?