Our fees explained

We demystify our fees to provide you with a clear insight into the costs and services you'll receive, ensuring transparency at every stage.

Initial consultation

At this first “getting to know you” meeting, we’ll discuss your objectives and current financial position to see if we can help. This meeting is held at our expense.

We explain how our charges work and what we can do to make sure you fully understand our approach before you incur any charges.

Initial charges

Our charge for creating a comprehensive financial plan is subject to our hourly rates, with a minimum charge of £1,000 and a maximum charge of £5,000 depending on complexity. We will always present you with a personalised quote before undertaking any work that might be charged for.

We do not charge for the implementation of any arrangements put in place because of our financial plan, and there is no obligation to move onto one of our ongoing service levels. Our fees are VAT exempt unless the work we provide only involves advice or preparing a report, in which case VAT may be applicable. We will always tell you before we undertake any work.

What’s included in the initial charges?

  • Understanding your financial situation, what’s important to you and how comfortable you are with risk
  • Researching your existing solutions and creating an outline strategy for further discussion
  • Cashflow modelling to demonstrate you are able to meet your objectives
  • Providing and presenting you with a written financial plan
  • Putting your plan into place
  • Handling all administration

Ongoing service

We can offer you two levels of ongoing service, each designed to provide periodic suitability reviews to ensure that recommended products remain relevant to your circumstances.

Level 1

This is our core service, designed for those with more complex financial planning needs. This service level applies only to portfolios of more than £400,000 and to those prepared to pay a minimum annual fee of £2,600. Where assets under management exceed £1 million, this is reduced as per the bands below.

This service includes:
  • Ongoing investment management
  • Bi-annual full portfolio valuation
  • Annual suitability review
  • Quarterly newsletter
  • Interim meetings
  • Estate planning analysis
  • Cashflow forecasting
  • Tax pack provided by us to you or your accountant
  • Online access to view your personal portfolio information.

Level 2

This is our entry-level financial planning service designed to meet the needs of those with less complex financial affairs requiring a lighter touch service. This service level applies only to portfolios valued between £0 and £400,000. There is a minimum annual charge of £1,950.

This service includes:
  • Ongoing investment management
  • Annual suitability review
  • Full portfolio valuation provided at the suitability review
  • Quarterly newsletter
  • Online access to view your personal portfolio information.

We use a tiered charging structure for our ongoing charges based on a percentage of funds under advice. These charges are applied as follows:

Funds under advice Annual ongoing charge
Up to £1 million 0.65% per year
£1 million – £2 million 0.5% per year
£2 million – £5 million 0.2% per year
More than £5 million 0.1% per year

As an example, if you have £3 million under advice, the first £1 million would incur a fee of 0.65%, the following £1 million would incur a fee of 0.5% and the final £1 million would incur a fee of 0.2%, equating to a total of £13,500 per year.

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