How My Fees Work
What my services cost and how I get paid
I believe we should be open and honest about how we charge for services. Up until the point of making a recommendation that meets your needs and objectives, there are no charges to you. Before proceeding with any recommendation, all fees including all initial and ongoing charges will be disclosed to you.
We have a minimum initial fee of £2,500 and our typical charge is 3% of the value of the monies being invested or transferred. This is dependent on the amount and complexity of the situation.
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​However, there are some areas that we are able to receive a commission from the provider and that are products such as mortgages and protection insurance i.e. term life insurance.
In both cases you are effectively paying for advice. Either by paying a fee, or by purchasing a costlier product that gives the financial adviser commission.​
In short, the fee breakdown follows. More complete examples are provided further below.
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​Get in touch now, either by booking an initial consultation at a time of your choosing, or by emailing or phoning me. Contact details are below.
COST = CHARGE + ANNUAL ONGOING CHARGE
CHARGE
Advice fees can be paid as a percentage fee.
Minimum £2,500, based on the assets to be invested.
Examples below:-
Advice fees are paid as a percentage fee.
Percentage fee: This is the most common way that clients pay for advice, this is based on a percentage of the money you want managed or given advice on.
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Annual Ongoing Charge: between 0.75% of assets invested
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Review meeting fee - included in the Annual Ongoing Charge (AOC). This includes any changes to funds required.
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As part of the ongoing servicing and monitoring of your portfolio, you will receive at least one annual review. This is a chance to review your circumstances and your portfolio to make sure you remain on track to achieve your objectives. Any changes that need to be made within your existing portfolio can be made inclusive of this charge.
CHARGES - EXAMPLE
Based on an Investment of £190,000
Investment Amount £190,000.00
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Charged at 3%
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Aggregated total charge (%) 3%
Aggregated total charge (£) £5,700.00
ANNUAL ONGOING CHARGE
Our annual ongoing charge for this service is 0.75% of funds under management.
An example of our ongoing charge for a fund of £100,000
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Our fee would be 0.75% of £100,000
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0.75% of £100,000 = £750 per year