Band |
Initial advice charge rate |
| £0 – £50,000 | 3% |
| £50,000.01 – £100,000 | 2.5% |
| £100,000.01 – £250,000 | 2% |
| £250,000.01 – £500,000 | 1.5% |
| £500,000.01 + | 1% |
The power of having someone in your corner
When you work with our qualified financial advisers, you’re tapping into real expertise.
We're firm believers in the life changing effects advice can have – helping you make financial decisions that you may not have the confidence or expertise to do yourself. Paying experts to provide a service is very common, like visiting your dentist or getting a plumber. These professionals are trained to solve our problems and meet our needs. Getting financial advice is no different, it’s about meeting your needs today and in the future.
Perhaps the best way to look at it is the value it can bring, for example, a well-constructed estate plan can save your loved ones from a big Inheritance Tax bill, or a savvy investment strategy could make your savings work harder for you. It’s all about helping to maximise what you get in return.
What are the charges?
The advice charge would typically range from 1% to 3% of the investment depending on the product and amount invested. Your adviser will talk you through the advice charges that would apply to you and make sure you are comfortable before going ahead with anything.
Lump sum investments: The charge for a lump sum investment or transferring investments is a one-off payment and varies by the amount invested.
Lump sum contributions
What could this look like for me?
Say you invested that £300,000 lump sum following advice. You’d be investing in:
- Confidence that your money will be invested to meet your financial goals.
- Reassurance that you’ve worked to plan with an expert.
Our initial advice rate to give you this confidence and reassurance would be £6,500. That’s:
A) For the first £50,000 – a 3% advice rate, which is £1,500.
B) For the next £50,000 – a 2.5% advice rate, which is £1,250.
C) For the next £150,000 – a 2% advice rate, which is £3,000.
D) For the remaining £50,000 – a 1.5% advice rate, which is £750.
The rate would be deducted from the amount you’re already comfortable choosing to invest. And the remaining £293,500 would be invested.
Our clients tell us getting advice can help you to feel:
Reassured that your financial future is on track
Research shows that investing in advice pays off. *The ICL-UK (International Longevity Centre UK) has shown that on average, people who take advice increase their wealth by a staggering £47,000 over ten years.
Confident that your money’s working hard for you
Advice isn’t just about the numbers, it’s about a feeling too. The confidence of a professional plan. Or the peace of mind you get with experts. Our advisers give these to customers every day.
Supported by someone in the know
Our expert advisers keep up to date with industry change and regulations. So they’re dedicated to making you aware of anything that will affect you and your plans, for example, changes to tax limits or rules about passing on your legacy.
*ILC-UK, (International Longevity Centre -UK) ‘The value of advice’ report, 2017. The research explored the impact of financial advice between 2001-2006 on financial outcomes in 2014-2016. Due to the fact this study was carried out over such a long period, it is the latest data available.
Learn more about what we do
Why advice matters
Take the worry out of the big decisions and help safeguard your financial future.
How the process works
Find out what happens next and how to get the most from your conversation.
