Our Fees
Financial Planning
We do not charge an additional fee for the Financial Plan. Any fee payable is formed by the recommendation(s) made in the plan and if you wish to implement this recommendation(s).
For example, if we recommend an investment and you agree to implement this recommendation, we will charge a fee according to our fee scale for investments, as noted below.
As the financial planning process is cyclical, the plan itself is constantly evolving, we would encourage you to take our ongoing service, this will ensure your plan is reviewed regularly and changes are made, where necessary, to ensure it remains on track.
Mortgage Advice
We do not charge a fee for providing mortgage advice and making the application. We will be paid a procuration fee by the Lender, which we will disclose to you and provide you with a copy of our research and justification for our recommendation.
Protection Advice
We do not charge a fee for providing protection advice and making the application. We will be paid a commission from the Insurer, which we will disclose to you and provide you with a copy of our research and justification for our recommendation.
Investment & Pension Advice
We provide you with an initial consultation at our cost. This helps us to understand your financial objectives and will confirm how we can support you in working towards these. We will also discuss the cost, and levels, of our services, both initially and throughout our relationship with you.
We charge our services by way of a fee. These fees are based on a percentage of the amount you invest or an hourly rate.
Services offered
First, it is important to understand the 3 stages of service which we offer:
1) Advice – Financial Review and Recommendation
2) Transaction – Policy Arrangement & Implementation
3) Review – Ongoing Reviews and Changes to Existing Investments
1) Advice & 2) Transaction
Our charge for this service operates on a tiered structure, based on the amount you invest and/or transfer, subject to no minimum.
2.5% on the first £50,000
1.5% on the next £450,000
0.5% on the next £500,000
0.25% on any further monies over £1,000,000
Example 1: if we arrange an investment on your behalf totalling £100,000 our implementation fee would be £2000.
Example 2: if we arrange an investment on your behalf totalling £20,000 our implementation fee would be £500 as there is no minimum charge.
3) Serviced proposition – Ongoing fees
If you instruct us to provide an ongoing service:
Our charge is 0.5% per annum based on the value of your investment(s) at each 12-month anniversary and are paid pro-rata in arrears. Therefore, if the value of your investment(s) totalled £50,000 our yearly fees would be £250.
The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce.
Should the amount of our fee fall below £50 per annum, we will cease to provide regular reviews. You can request reviews and we will agree an appropriate fee at that time.
Hourly Rate
Should you wish to instruct us to work on an hourly rate, our rate is:
Financial Planning Consultant £175 per hour
Administrator £85 per hour
