To add a couple more to your list...
- Why are you recomending this specific provider?
- What are you basing the recommendation on? Please provide supporting data
- Are you in any way tied to this provider?
- Re the on-going charges - are they based on annual mangement charges (AMC) or the more accurate on-going cost factors (OCF) or Total Expense ratios (TER)? If AMC based can you provide estimates for OCF/TER?
- If providing on-going advice can you provide details on your experience and credentials ?
- Can you provide specific examples of situations where you or your firm has added value to your clients?
- What is your investment philsophy and what investment approach do you recommend for me and why?
By the way Daddy Ireland - this is a great post you have started!
If everyone asked a prospective adviser most of the above, I am very confident it would help seperate the wheat from the chaff, i.e you will be able to suss out those that just want to flog you a product, and those that want to provide a good service and have the capability to deliver that service.
If in doubt keep asking questions untill you are fully satisfied you can make an informed decision
I am smiling at the thought of your meeting with your broker... they might not be expecting this...
All the best Vincent