What Are The Wealth Management Service Charges?
This depends on what service you choose:
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The Investment Review
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We charge £110+VAT per policy/investment reviewed.
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The Annual Service
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We charge a fixed fee of £500+VAT, payable at the start of the Service year.
In addition, there is a fund based commission of 0.5% pa of the assets under management; the latter is normally paid direct to us by the policy providers, but there may be a small balancing charge at the end of the 12 months.
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The Comprehensive Service
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At the start of the Comprehensive Service we will prepare a statement of the assets we will be looking after for you. The initial fee for our Comprehensive Service is 1.25% (+VAT) of the total assets monitored and advised on by us. This is payable in advance and covers a period of 12 months.
In addition, there is a fund based commission of 0.5% pa of the assets under management; the latter is normally paid direct to us by the policy providers, but there may be a small balancing charge at the end of the 12 months.
The Comprehensive Service is subject to a minimum initial fee of £1,500 pa +VAT.
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Typically, someone considering the Comprehensive Service should have capital available for management of at least £100,000, and £40,000 for the Annual Service.
When you consider the difference the Wealth Management Service© has made for clients since 2007 it has more than justified the cost!