RA + Endowerment.. direct or via broker?

[krycor]

Something i've been wondering.. I see these days e.g. discovery, fnb etc all allow you to invest via them. Is it worth it to do so? or is it better to go direct to Allan Grey etc? I suspect there is more fees involved via these places than direct but is it a significant amount or ok for what it allows?

 

[supersunbird]

RA? Direct is best according to me if you don't think you need a Financial Advisor.

Managed unit trust RAs - Coronation and Allan Gray are some examples. With Coronations you can choose only Coronations UTs, with Allan Grays platform you can choose Allan Gray and some other Unit Trusts, like some of Coronations and other, for example.

Indexing/ETF RAs - 10x and ETFSA RA are some examples.

Endowments I don't know much about.

 

[krycor]

What service does the broker perform? I mean RA's etc when used for long term investments you kinda don't move it for yrs

 

[supersunbird]

What service does the broker perform? I mean RA's etc when used for long term investments you kinda don't move it for yrs

For people who need them I guess they offer assistance with choosing the initial investment after assessing the goals and risk profile and age and whatever else. And if worth their annual fee they would do a yearly assessment to make sure the investment goals are being met, but I'm sure many don't do that.