MAM's Williams contacts IFAs after 'expensive advice' furore

clock

Fund manager Gervais Williams has written to the IFA community following his comments made in a Sunday Times interview last month, in which he labelled financial advice 'expensive'.

In the Sunday Times article, Williams, managing director of MAM Funds, said he does not use financial advisers because of the cost, prompting widespread criticism from the adviser community. Williams (pictured) has now written to advisers in an effort to set the record straight. In an email, seen by Investment Week, he said: "As many of you will know, I am particularly supportive of advisers and spend as much time as I can in order to provide views, to listen to what you and your clients are saying, and to help interpret market news and views. "It was, therefore, both surprising an...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

 CFA Institute's Matt Winters: Reform needed to fix company valuation and financials disconnect

CFA Institute's Matt Winters: Reform needed to fix company valuation and financials disconnect

Intangibles accounting needs improvement

Matt Winters
clock 16 May 2025 • 3 min read
Watch Now: Investment, Talks Global Equities

Watch Now: Investment, Talks Global Equities

How can investors navigate the impact of tariffs and a rapidly changing global economy?

Investment Week
clock 08 May 2025 • 2 min read
UK equities bleed £1.2bn in March while North American peers enjoy best month in a year

UK equities bleed £1.2bn in March while North American peers enjoy best month in a year

Ahead of Trump’s April tariffs

Sorin Dojan
clock 08 April 2025 • 2 min read
Trustpilot
Loading page