How We’re Paid

As you’d expect from a Fee Based firm of Financial Planners, all our fees are transparent and confirmed in writing to you prior to any work being undertaken.

Let’s look at how we’re paid for each of our services.

Professional Financial Planning

For the Professional Financial Planning service, we charge on a fixed project fee basis. The exact amount depends upon the time taken and the work involved.

Once your Financial Plan has been created, there may be new investments/protection policies to implement/set up. For investments, we charge a fixed percentage of the amount invested. The exact amount varies, depending upon the overall investment (typically, the more that is invested, the lower the percentage).

For any new protection policies, if required, you will have the option of paying for the implementation by commission, which is the payment paid from the provider to our company (if commission is available).  Alternatively, you may pay a fixed fee (agreed with you in advance) and have the commission reinvested into the plan, which could reduce the monthly premium.

Wealth Management

Where you have existing invested capital (in Personal Pensions, ISAs, Bonds etc), we will analyse the merits of having these funds invested in line with our investment process.

This may mean that you will need to transfer your funds to our chosen administration provider. The cost for doing this will typically be along similar lines to how we charge for the investment of new funds. That is, we charge a fixed percentage of the amount invested.

The exact amount varies, depending upon the overall investment (typically, the more that is invested, the lower the percentage).

For the ongoing management of your invested capital, the fee is a fixed percentage of the value of your funds. This amount reduces for amounts in excess of £250,000.

Retirement Strategy Planning

The fee structure is the same as the Professional Financial Planning service (see above), albeit the fee will usually be lower as not all the areas are covered as compared to the PFP service.

Product Research

With this service, a fee is agreed in advance of the research being conducted. Should you decide to purchase the product, any commission generated (protection products only) will be used to pay for the fee. If the commission is not sufficient to cover the fee, you will be invoiced for the balance.

In most cases, the commission is sufficient to cover the fee.

If you decide not to purchase the product, you will be invoiced for the research.

All fees will be agreed with you in advance.

Alternatively, you can choose to pay the fee and ask us to not take the commission (this option is not available on all protection products). As a result, on protection policies the premium may be reduced.

The Next Step

The first step we suggest is for you to schedule an initial 30 minute telephone discussion which will enable you to find out exactly what’s involved and whether our services are the right fit for you. There is no charge for this initial discussion.

As our fees are quoted on a case-by-case basis, we have not stated them here. Once we have had the initial discussion/consultation, you will receive written confirmation of the exact fees for the work. It will then be left to you to decide whether you wish to proceed.

Now you know more about how we’re paid, click here to meet the team