All of our team are salaried, with no incentives for “selling” specific financial investments or products. This leaves us to focus solely on the most important thing of all which is managing your wealth and meeting your goals and aspirations.
Initial meeting
After an initial telephone conversation to judge if we can be of help, a first meeting will be at our expense.
If you wish to instruct us to act, we will schedule further meetings to continue the financial planning process or to undertake whatever financial need you have currently.
We have a policy to only allow people to make decisions after meetings to remove any feelings of undue obligation or anxiety when considering any recommendations.
Financial forecasting exercise (cashflow planning)
If you request this service, as an indication, the fee will usually be between £750 and £2,000 although the actual price quoted will depend on the complexity of your financial affairs and the work involved. The scope of this will be agreed with you before any work is undertaken.
it is our opinion that financial planning has to have cashflow included to provide a sound basis for advice.
Advice and implementation of our recommendation
Where you wish for us to provide regulated advice on an investment, pension or financial product and then implement our recommendation, we charge for this based on the complexity of the work, the time involved and the seniority of our employees completing different aspects of the work. Cashflow planning may be included within this fee if wished.
This will be calculated as a “project fee” based on our hourly rates. The cost of this will be notified to you in writing for your agreement before any work is undertaken (It may also be stated as a percentage of the investment amount). This typically covers:
-A full evaluation of your current financial position, objectives and available solutions including your attitude to investment risk and capacity for loss
-All meetings leading up to the advice that we will provide you with
-Issuing a Financial Planning Report containing detailed advice and recommendations
-Handling all paperwork relating to the implementation of the investments/pensions
-Compliance / regulatory work including Anti Money Laundering and Data Security requirements.
Ongoing advice and suitability review service charges
Between 0.50 – 1% per year of the ongoing value of the investments / pensions that we have recommended and implemented. The specific percentage that you will pay between these points will depend on the nature and value of the investment and will be notified and agreed with you in writing ahead of any transaction being placed or review service implemented.
Life cover and other protection products
Insurance companies providing these policies will pay commission directly to us for policies written. We will advise you of the amount of commission that the life company will pay us.