HOW WE WORK
how we charge
financial planning & wealth management
You will pay for our services on the basis of the work undertaken for you. We will discuss your payment options with you in advance and answer any questions you have. We will not charge you until we have agreed with you how we are to be paid.
We offer advised services. For a summary of charges please see the table below.
For more detail, please download Our Services and Fees document.
| Advised services | Charges |
|---|---|
|
Exploration and discovery meeting |
Offered at our expense |
|
Analysis and presentation |
Normally offset against our implementation fee. In the event you decide not to proceed to implantation we reserve the right to charge a fee for work undertaken. |
|
Implementation |
Charged on a tiered basis as a percentage of the total amount invested at 1.5% on the first £500,000 and 1.0% on assets above £500,000, subject to a minimum of £2,000. |
|
Ongoing review service |
A percentage of the value of your investments on which we advise, subject to a minimum charge of £1000 per year. If the overall value is less than £500,000 the charge will be 0.75% per annum. If the overall value is more than £500,000 the charge will be 0.5% per annum. |
|
Hourly charges |
Where applicable, we may implement time charges for additional work or if you prefer to opt for your initial charges to be applied on a time charged basis. |
Please note:
- VAT may apply in some circumstances. We will tell you if VAT is to be paid.
- Depending on the type of product, there may also be other costs or taxes that are not paid through us or imposed by us.
Insurance products
We will not charge a fee. We will receive commission from the insurance company selected for life assurance and non-investment insurance.
Where the chosen provider pays us commission for introducing you to them for life assurance or non-investment insurance, we will tell you the amount we will receive which may be a percentage or a flat fee of the total annual premium.
You will receive a quotation which will tell you about any other fees relating to any particular insurance policy.
Where the chosen provider pays us commission for introducing you to them for life assurance or non-investment insurance, we will tell you the amount we will receive which may be a percentage or a flat fee of the total annual premium.
You will receive a quotation which will tell you about any other fees relating to any particular insurance policy.
Clawback of indemnity commission payments
If we arrange a protection policy for you but subsequently you cancel or cease to pay premiums on the policy and, in consequence, we are obliged to refund commission that has been paid to us, we may, depending on the circumstances, charge you a fee equivalent to the amount of commission repaid.
The amount due will depend on the clawback timetable specified in the policy and the point at which the premiums ceased. The length of the clawback period will be detailed in the information you are given before deciding whether to proceed with the product.
If we arrange a protection policy for you but subsequently you cancel or cease to pay premiums on the policy and, in consequence, we are obliged to refund commission that has been paid to us, we may, depending on the circumstances, charge you a fee equivalent to the amount of commission repaid.
The amount due will depend on the clawback timetable specified in the policy and the point at which the premiums ceased. The length of the clawback period will be detailed in the information you are given before deciding whether to proceed with the product.
property finance
We charge a broker fee of £495 which is payable on production of a successful mortgage offer (this fee is not applicable for a rate switch). We may also receive commission from the lender. Where the chosen lender pays us commission for introducing you to them for the mortgage, we will tell you the amount we will receive.
If there is no commission payable, an additional fee of 0.25% of the loan secured will be payable on completion. For example, for a loan amount of £150,000, the amount payable on completion would be £375. This fee is in addition to the broker fee of £495.
If there is no commission payable, an additional fee of 0.25% of the loan secured will be payable on completion. For example, for a loan amount of £150,000, the amount payable on completion would be £375. This fee is in addition to the broker fee of £495.
You will receive a key facts illustration / European Standards Information Sheet when considering a particular mortgage or home purchase plan, which will tell you about any fees relating to it.
Refund of fees
If we charge you a fee and your mortgage does not go ahead, you will not receive a refund of your broker fee, but there will be no new fee on your next mortgage application with us.
Refund of fees
If we charge you a fee and your mortgage does not go ahead, you will not receive a refund of your broker fee, but there will be no new fee on your next mortgage application with us.
Equity release products
We will charge a broker fee of £995 in respect of our advice service. We may also receive commission from the lender. Where the chosen lender pays us commission for introducing you to them for the mortgage, we will tell you the amount we will receive.
You will receive a key facts illustration / European Standards Information Sheet when considering a particular lifetime mortgage or equity release product, which will tell you about any fees relating to it.
Refund of fees
If we charge you a fee, and your lifetime mortgage or equity release product does not go ahead, you will not receive a refund, but there will be no new fee if you apply for another lifetime mortgage or equity release product though us.
Refund of fees
If we charge you a fee, and your lifetime mortgage or equity release product does not go ahead, you will not receive a refund, but there will be no new fee if you apply for another lifetime mortgage or equity release product though us.
WE AIM TO GIVE YOU SECURITY, PEACE OF MIND AND A SENSE OF DIRECTION