This service is suitable for customers with existing investment portfolios, or wishing to make new investments. For an existing portfolio, we will take over servicing of those investments and review their structure and make-up to ensure that it is tax efficient, consistent with the your tolerance to risk and requirement for future returns. A similar process is undertaken where a new portfolio is to be constructed from an initial sum of money.

Once we have provided you with our advice, and we have received your instructions on how you wish to proceed, we will then arrange for the agreed transactions to be carried out.

We will then advise you on changes in value of your portfolio at quarterly intervals. We will also advise you on any required rebalancing of investments contained in the portfolio at 6 monthly intervals. At the same time, we will review the suitability of each investment manager and advise you of any necessary changes.

We will then meet with you once a year to review any changes in your personal or financial circumstances and advise on any changes needed to ensure it remains consistent with your needs.

Where you are paying us to provide an ongoing service, you are able to cease further fees at any time, subject to confirming this in writing to us. Upon receipt of such notice, we will then cease providing an ongoing service to you.

How much does it cost?

  • To take over your existing investments, prepare our advice and carry out transactions:
Portfolio value Rate
£1 – £49,999 3.00%
£50,000 – £99,999 2.50%
£100,000 – £249,999 2.00%
£250,000 – £499,999 1.50%
£500,000 – £749,999 1.00%
£750,000 – £999,999 0.50%
£1,000,000 + By arrangement

 

  • To provide continuing oversight:
Portfolio value Rate
£1 – £999,999 0.50%
£1,000,000 + By negotiation

 

  • To provide half yearly portfolio rebalancing:
Portfolio value Rate
£1 – £999,999 0.30%
£1,000,000 – By negotiation

 

  • To provide quarterly valuations:
Portfolio value Rate
£1 – £999,999 0.20%
£1,000,000 + By negotiation

 

  • In the event that you subsequently withdraw amounts from, or surrender, surrender your portfolio:
Amount surrendered Rate
£1 – £49,999  £100 per provider
£50,000 – £999,999  £100 per provider plus 0.10%  of the amount withdrawn
£1,000,000+ By negotiation

 

As an example Let us say you were to ask us to establish investments to the value of £100,000, the cost of initial advice, including any transactions you required us to undertake, would be £2,000.

If you required us to continue overseeing the policy, the cost each year would depend on how much your portfolio increased or reduced in value, for example:

·           If your portfolio remained at £100,000, the charge would be £500
·           If your portfolio grew by 5% to £105,000, the charge would be £525
·           If your portfolio fell by 5% to £95,000, the charge would be £475

 

It you were to withdraw £50,000 from your investment, the charge would be £150.

 

Full details of the scope of our service and cost of this proposition are contained in the ‘Customer Agreement’ that will be provided to you before you agree to proceed.