Add new comment

SD if you really are an adviser, then your clients must be local self employeds or retirees. If you had busy professionals as clients you would realise that it is extremely difficult to get them to re sign an ongoing service agreement every 12 months on the dot. It is next to impossible to get them in for a meeting every quarter. They have better things to do. They pay their adviser to monitor and manage their situation so that they don't have to. They don't want to waste time on unnecessary meetings or bureaucratic forms. If their adviser highlights something that needs attention then they will act. If their personal circumstances change then they will act.

If your clients are popping in for a cup of tea every quarter they are either paying advice fees for social contact (which many retirees do) or you are encouraging investor short termism.