facebookWhat do you think of tied vs independent financial advisers today? - Seedly

Anonymous

01 Mar 2020

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Insurance

What do you think of tied vs independent financial advisers today?

What are the pros and cons of both types of FAs? What are some restrictions/perks that some FAs have that others won't?

Discussion (8)

What are your thoughts?

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Independent ones would be the only to consider, (but even then how can one know that they really are independent?

Andy Sim

01 Mar 2020

HR Professional at a Financial Institution

As a consumer, I would prefer independent advisers since they are able to give me a more holistic assessment on what the markets out there have to offer.

When I was shopping for my insurance needs, I realise that tied agents if they don't have a certain product cos their company don't offer, then independent agents are able to tell me which other companies are able to do it, so at least I am able to make an informed decision cos of this.

Rishi Ramchandani

03 Feb 2020

Financial coach / Founder at Cafe cash flow

Hello

If they are getting compensated on commissions then independent vs tied doesnt make to much o...

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