We have been experts in our field for over 10 years and advise clients in many areas, which makes us well-placed to understand your individual needs. We believe that wealth management is a combination of financial planning and investment management, which is why it is used in our company name and service proposition.
We will have an initial meeting to establish the relationship and discuss whether our services meet your needs, it also gives you an opportunity to ask questions. At this meeting we will explain our fees and client agreement. We do not charge you for the initial meeting.
Initial Advice and Implementation
Our initial planning fee is £2,000. The plan will be a comprehensive review of your current financial situation. It will include a strategy to help you achieve your goals, make the most of your current assets including where appropriate provide an investment strategy. It will also cover estate planning, pre and post retirement income advice and look to mitigate risk using protection products. It may also include care fee funding advice and lifetime mortgages where required.
If you decide to proceed with our investment recommendations, there is an additional 1% implementation fee on funds over £200,000 being brought under our advice, subject to a maximum implementation fee of £3,000. Defined Benefit pension transfers have no maximum implementation fee and 1% is charged on the gross value of the transfer value. For non standard financial planning and investment solutions additional fees may apply, for additional information please contact us.
We believe advice should be reviewed on a regular basis. The ongoing fee for our ongoing services is a tiered percentage-based fee calculated on the value of the investments we manage on your behalf. The ongoing advice fee is 1% per annum on the first £500,000 and 0.5% per annum on amounts above.