We believe in transparency and openness from the start of our relationship with clients and feel it is important to tell you how we work, and the charges associated with the services we provide. By providing you with a clear explanation of our fees, we can ensure that there are no hidden surprises.
Creating your Bespoke Financial Plan is not undertaken lightly, nor is it an overnight process. The work and complexity involved takes time to understand and assess, so that we can be sure your Plan is right for you, and presented in a clear and concise way. We charge a fee that may vary depending on the intricacy of the research and planning involved. This is shown below:
Preparation of Bespoke Financial Plan and Recommendations.
• An initial meeting to find out more about you and your objectives
• Agreeing your financial goals and objectives
• Establishing your attitude to and understanding of risks
• Reviewing your current plans, investments and assets
• Undertaking research to identify appropriate plans and solutions
• Providing a personalised Plan and recommendations
• A face to face meeting to discuss our recommendations
Cost £1,480
Preparation of Bespoke (Complex) Financial Plan and Recommendations.
• An initial meeting to find out more about you and your objectives
• Agreeing your financial goals and objectives
• Establishing your attitude to and understanding of risks
• A comprehensive review of any existing Trusts in place
• A detailed review of any business assets
• Understanding of complex tax calculations
• Reviewing your current plans, investments and assets
• Undertaking research to identify appropriate plans and solutions
• Providing a personalised Plan and recommendations
• A face to face meeting to discuss our recommendations
Cost £1,970
If you decide to proceed with our recommendations we then move to the implementation stage and put all of the agreed actions in place. Our Implementation fees are calculated as a percentage of the assets that are finally invested and/or transferred to us. We have a minimum fee for implementation which is £2,500. Our fees are tiered depending on the amount of assets invested/transferred which are shown below:
| Assets invested/transferred | Percentage charge |
|---|---|
| 0 - £250,000 | 2.5% |
| £251,000 - £500,000 | 2% |
| £501,000 and above | 1.5% |
Keeping your Financial Plan up to date requires time and effort. Our ongoing service fees are tiered and charged depending on the level of assets you hold with us and for which we provide advice on. Details of our ongoing service is provided under our Client Charter section of the website. We have a minimum annual ongoing charge of £1,500 and our charges are as follows:
| Asset value | Percentage charge |
|---|---|
| Up to £500,000 | 0.85% |
| Over £500,000 and up to £2,000,000 | 0.75% |
| Over £2,000,000 | 0.60% |