How you buy your shares (this includes investment trust shares) will depend on the nature of the agreement you have with your stockbroker. If you haven't yet got a stockbroker or investment adviser, see page 19.
Where you appoint a discretionary stockbroker (who makes all the decisions) or advisory stockbroker (who discusses decisions with you), the firm will act on your behalf once you have completed a terms of business agreement and perhaps paid a cash and/or stock deposit.
Your adviser will automatically provide a tariff of charges. Some services have a fixed charge for certain deals - for example for FTSE 100 companies.
Execution-only stockbrokers do not provide advice and merely take your instructions.
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