Made to Measure Fees
It’s important to us to be as fair and transparent as possible, so we do things differently in relation to fees.
Our value lies in our service, so instead of calculating our fee as a percentage of the amount you invest, we charge simple fees tailored to your requirements.
Our approach means you can experience the benefits we deliver, without paying a fee that’s based on the amount you have to invest. You also have the freedom to cancel our service at any time, allowing you to experience the confidence and peace of mind that comes from working with us, with no tie ins.
Why do we charge differently?
We believe it’s the right thing to do. A model where you pay more simply because you invest more, has had its day. It’s important that people can experience the impact that working with a truly client and lifestyle focused financial planner can bring, while paying a fair fee for the experience.
We have designed a clear and fair approach that will stand the test of time. Our Made to Measure Fees reflect the complexity of client circumstances, the work involved and their requirements.
Our Made to Measure fees are payable at three stages of your journey to a RICH Retirement™. You’ll always know in advance what you’ll be paying, in pounds.
Stage 1 – Creating Your Big Picture™
This will give you a clear understanding of:
- Your current financial position and how best to organise your finances moving forward
- Whether you’ll have enough to live the lifestyle you want
- Building scenarios for you to consider, that show you the impact your financial and life choices could have
- Understanding the impact of investment returns and inflation
- Analysing your existing financial arrangements and whether these are able to meet your short and long-term objectives
- A strategy to utilise annual allowances and exemptions to reduce tax payable, keeping more money to spend on things that matter to you
- How to mitigate risks which may prevent or delay some goals being achieved
- The ability to plan for events such as ill health and market crashes, making your plan more reliable
You’ll feel more confident about your financial future and how you can achieve what’s most important to you.
There is a single fee at this stage, with 50% payable in advance, with the balance payable following Your Big Picture™ meeting.
Stage 2 – Keeping You On Track
Your monthly membership fee includes:
- Ongoing lifestyle focused financial planning that’s tailored to your unique and ever-changing circumstances
- An annual Planning Meeting to ensure you stay on track for achieving what’s most important to you
- Evolving and maintaining Your Big Picture™
- Modelling different and new scenarios so you can understand the impact financial and life choices could have, before you make them
- Management and oversight of your financial arrangements
- Tax planning to ensure you’re always in the best position
- Access to our investment portfolios, built based on rigorously tested evidence and Nobel prize winning research.
Stage 3 – Getting You Organised
This stage aligns your finances with your goals and objectives.
Depending on the choices you make following the outcome of Your Big Picture™, it may be necessary to re-organise some of your existing financial arrangements.
This could be because it’s possible to improve on or simplify what you have now. Or it could be to reduce taxes payable, create a reliable strategy for your income or to leave a legacy for loved ones.
The one-off project fee for this stage depends on the amount and complexity of the work involved.
Contact us to find out how much our approach to fees could save you over your investment lifetime.