Financial advice charges
Our financial advisers typically charge 1-2% of the assets advised on (+VAT where applicable), with a minimum charge of £995 for investment advice, or £1,495 for financial planning. This is a one-off charge which will depend on the complexity of your situation, the time needed to understand your goals, and to provide personal recommendations.
Any recommendations concerning the transfer of secured benefits, such as a defined benefit pension (e.g. final salary pension), will have a separate fee structure, which your adviser will discuss with you. Read our financial advice Key Features and Terms and Conditions for more information.
Financial planning
Our Financial Planning Service is our most comprehensive, designed to help you with a range of goals and situations, including retirement, tax planning, budgeting, and passing on wealth.
| Assets advised on | Charge |
|---|---|
| Up to £200k | 2% |
| Next £200k-£1m | 1% |
| Balance over £1m | 0% |
Standalone investment advice
Investment advice is dedicated to selecting investments that suit you, tailored to your goals. Get a portfolio of investments created specifically for you by one of our expert advisers.
| Assets advised on | Charge |
|---|---|
| Up to £1m | 1% |
| Balance over £1m | 0% |
Ongoing financial advice
Your financial adviser will determine if you could benefit from ongoing advice, based on your portfolio and circumstances. The additional annual fee is 0.365% (plus applicable VAT).
This service is especially valuable during significant life transitions like retirement, changes in health, family dynamics, and evolving pension and tax regulations.
Example of charges
One-off advice
| Assets advised on | Hargreaves Lansdown (up to 2% charge) |
Largest UK advice firm (4.5% charge)* |
|---|---|---|
| £100,000 | £2,000 | £4,500 |
| £275,000 | £4,750 | £12,375 |
| £500,000 | £7,000 | £22,500 |
Ongoing advice (in addition to the above)
| Assets advised on | Hargreaves Lansdown (0.365% annual charge) |
Largest UK advice firm (0.5% annual charge)* |
Market average (0.64% annual charge)** |
|---|---|---|---|
| £100,000 | £365 | £500 | £640 |
| £275,000 | £1,004 | £1,375 | £1,760 |
| £500,000 | £1,825 | £2,500 | £3,200 |
All figures exclude VAT. Your adviser will explain if VAT applies.
Sources: *Largest UK advice firm's website as at 1 May 2024, **NextWealth October 2023.