Opinions on stock brokers.

Using your property's equity to reinvest, anyone?

 

In stocks? No. It's high risk for me as I don't know much about it.

 

It doesn’t sound like you need a stockbroker and how they make money is not really relevant.

As long as you know what you want, what you are getting and what you are paying in fees etc and that works for you, why do you need to know what everybody else is making?

Do you need to know the profit margins of a supermarket when you buy a loaf of bread?

And if it really does matter to you, ask them directly. “What are you making from this”?

 

Frank ... the "or looks ok except i'd buy this instead of that" ..

This sounds like exactly what your broker did for you (based on your description).

So it sounds like he did exactly what you wanted... hence i'm struggling to see the issue.

You went to him with an idea, and he has recommended a similar but slightly different approach and appears to have justified it with solid reasoning (consideration of the NTA of a LIC is a VERY important consideration in deciding to purchase an LIC).