I just started investing. I don’t have a ‘huge wad of money’. I don’t work in the financial industry, nor do i and my boyfriend care to sit watching figures every morning. We are happy with our Austen Morris advisor, who has explained everything very simply and my Boyfriend has consistently made decent returns with him for the last 5 years.
There are no ‘astronomical fees’ with my scheme, and my boyfriend was able to withdraw money to buy 2 more cars to add to his collection, without “massive penalties”.
I guess each person is different, but we are happy with our experiences.