How We Are Remunerated

Introduction

We are confident that we can add significant value to your circumstances. If you are looking for a long term relationship with your financial planner then you have come to the right place. We prefer to work with our clients on an ongoing basis and our service propositions have been designed with this in mind. This is because we believe that by working with you over the longer term we will add the most value to your circumstances.

So before you engage us it is important that you are confident on how you are being charged and how we are remunerated.

Services – Fees

We are a fee based fully independent financial advice and planning business. Our services are provided on a fixed fee basis so that you have certainty on the amounts being paid to us. Before we commence work we will confirm the level of fee to you and ask you to sign an engagement letter to confirm you are happy to proceed. Our charges for the work we undertake for you are split into three main areas:

1.              Advice / Financial planning
2.              Implementation
3.              Review

Advice / financial planning

For providing our initial advice / financial life planning service we will agree an initial fee with you based on the complexity of the work involved.

Our typical charge for an initial financial planning review is £1,500 to £2,500 plus VAT depending upon its complexity.

Implementation

For implementing any advice we will charge a set percentage of the amounts involved/invested dependent upon the work involved and the risks. This is typically 1-1.5% depending upon the amounts involved. This will be agreed with you before proceeding.

Review

Our review services split into three categories of offering:

Private client – 1% per annum

Advice Lite – £1,000 per annum

Transactional work

From time to time we are approached to undertake work where no ongoing relationship or service offering is required. We will provide further information on our terms should this service be required. Please contact us for further details.

You can read more about out transactional services here.

Hourly rate

You can also engage us on an hourly rate for consultancy work. This is £150 plus VAT.

Engagement

Before we proceed with any initial or ongoing work on your behalf we will send you an engagement letter setting out our terms giving you peace of mind that you will know exactly what you are paying for and when.

Payment terms

We offer a flexible menu of payment options including:

Option 1 – Product fee charge / Adviser charging

Option 2 – Fee / retainer fee – all commission rebated / fee subject to Value Added Tax.

Option 3 – Combination of fees and product fee charge

Combined Initial Disclosure Document

You can see our typical fees set out in this Financial Services Authority document (Download PDF)