Fees and Charges
It is important to be clear and upfront when it comes to fees and charges. We believe in good value and good service, our charges are below the average when compared to other IFAs and Wealth Management Firms.
You'll never be charged until you have formally agreed on the service and charges due. The actual charge will be disclosed in the Initial Disclosure Document provided to you in the first meeting and will also be disclosed within your Recommendation Report, which will be given to you before any recommendations are carried out. This agreement will need to be signed by you and returned to us before we proceed.
Our Initial Charge
For new business, we charge an initial fee of 2% on Lump Sum Investments and Transfers.
For example...If we arrange an investment on your behalf totalling £20,000 our initial fee would be £400.
As part of this service, you will receive;
- A Fact-Finding Assessment.
- A Recommendation Report.
- Presentation of our Recommendations.
- Implementation of our Recommendations.
- Regular updates to keep you informed of progress.
Our Ongoing Charge
Once your financial plan is in place, it’s vital to keep it under review, so it can be adapted where necessary to your changing needs and objectives. Our ongoing services are designed to do this.
Our ongoing charge is determined by the total amount of investments under our advice. We charge 0.7% per year of investments under management.
For example... If the value of your investments totalled £20,000 our yearly ongoing fee would be £140.
As part of this service, you will receive;
- An Annual Review Meeting.
- An up-to-date Valuation of your Current Investments.
- A Review of your Financial Needs, Goals, and Objectives.
- A Review of how your monies are invested.
- A Recommendation of any changes to your investments.
- Implementation of any changes to your investments.
- A Quarterly Market Update.