Fees
Nothing is charged until you decide to go ahead
Our fees are straightforward, and calculated to reflect the scale and complexity of your plan. Everything is explained and agreed with you clearly before any chargeable work begins.
The first conversations do not cost anything
Your introductory call and the first two meetings are free, with no obligation to continue. That includes building your initial financial plan, using cashflow modelling. It gives you a real, working picture of your finances, so you can see roughly where you stand before you decide anything.
If you decide to go ahead
The £1,875 financial planning fee covers the work of developing your initial financial plan into the full, formal version: thoroughly stress-tested, written up in depth, with full, formal recommendations, where appropriate. This is the fee for the planning and advice itself.
If your plan then involves setting up new investments, pensions or transfers, there is a separate implementation fee for that work: 1% on the first £500,000 and 0.50% on anything above that.
As an example, if you were investing £250,000: £1,875 for the plan, plus £2,500 (1% of £250,000) for implementation, £4,375 in total. The exact fee for your situation will always be confirmed with you before anything is charged, along with how and when it will be paid.
Ongoing, for as long as you want us
Once your plan is in place, you will have at least one full annual planning meeting, where we go back through your plan in detail, against whatever has changed in your life. In practice, you will likely hear from us more often than that: a call when something changes, a question answered, your cashflow modelling updated as your circumstances shift.
The fee is calculated as a percentage of the assets we are looking after for you: 0.75% on the first £1 million, 0.50% between £1 million and £2 million, and 0.25% between £2 million and £5 million.
There is a minimum ongoing fee of £1,875 a year. You can cancel the service at any time, for any reason, without penalty.
If you are already a client and want to add further money to your existing plan, this does not usually add another initial fee. Our FAQs cover when an additional fee might apply.
What you are paying for
We are both Chartered Financial Planners, and our fees reflect that level of expertise, together with everything that comes with an ongoing relationship: annual planning, cashflow modelling that is kept genuinely up to date, tax planning, investment oversight, and being available to talk things through whenever life changes, not just once a year.