Investments and Pensions. We provide an independent advice service. We will make a recommendation for you after we have assessed your needs based on a comprehensive and fair analysis of the market. Non-investment protection contracts. We also advise on non-investment protection products (e.g., term life assurance, income protection and critical illness) from a range of insurers. Mortgages We advise on mortgages from the whole of the market. Where we propose to do so we will provide you with a separate Client Agreement detailing the services we offer and the costs of those services. IMPORTANT INFORMATION ABOUT XXXXXXX XXXXXX LLP & TATTON ASSET MANAGEMENT PLC (“TAM”) If we think that it would be in your interests, we will: • Invest, or recommend that you invest, in the products manufactured by Tatton Investment Management Ltd, Tatton Onshore Tax Strategies Ltd, Paradigm Mortgage Services LLP, Paradigm Partners Ltd and any other firm that TAM may acquire in the future that offers relevant products and/or services. • Use, or recommend that you use, the services of Tatton Investment Management Ltd, Tatton Onshore Tax Strategies Ltd, Paradigm Mortgage Services LLP, Paradigm Partners Ltd and any other firm that TAM may acquire in the future that offers relevant products and/or services. Tatton Investment Management Ltd, Tatton Onshore Tax Strategies Ltd, Paradigm Mortgage Services LLP, Paradigm Partners Ltd (the “Companies”) are wholly owned subsidiaries of TAM. Xxxxxxx Xxxxxx LLP owns 23995 of the shares issued by TAM which is considered to be a minority shareholding. The value of these shares depends, at least in part, on how profitable the Companies are, and how profitable they are expected to be. TAM’s shareholders may also receive a dividend payment from TAM, once or twice a year. How likely it is that a dividend will be paid, and how big that payment will be, also depends, at least in part, on how profitable the Companies have been. We have systems and controls in place to make sure that our shares in TAM do not create any possible disadvantage for you.
Investments and Pensions. We provide an independent advice service. We will make a recommendation for you after we have assessed your needs based on a comprehensive and fair analysis of the market. Non-investment protection contracts. We also advise on non-investment protection products (e.g., term life assurance, income protection and critical illness) from a range of insurers. Mortgages We advise on mortgages from the whole of the market. Where we propose to do so we will provide you with a separate Client Agreement detailing the services we offer and the costs of those services.
Investments and Pensions. We restrict our advice because we do not offer advice in the following investment product areas; Venture Capital Trusts/Unregulated Collective Investments. We offer products from a restricted range of investment products that we have researched and feel offer exceptional value for our clients from a cost, functionality and tax efficiency perspective. As an example, we advise on the following investment platforms: • Transact • The Wealth Manager Platform. Each one of these “whole of market” platforms offer un-restricted access to investment assets traded on recognised stock markets in London and around the world. Each of these platforms has specific features ranging from cost to functionality and availability of specific investment tax wrappers such as ISAs, Pension and Onshore/Offshore investment bonds. Each platform offers the ability to manage and administer clients’ assets efficiently, e.g. direct equities, OEICS, Investment Trusts and Unit Trusts or Exchange Traded Funds. In addition to these platforms we offer advice on a panel of other providers that we believe offer competitive service propositions to our clients. Please note that this panel may change over time due to regulatory or marketing changes. Details of our current panel will be made available on request – please see the attached Appendix for current details. We will always conduct a fair and unbiased analysis of your needs in relation to all the relevant products in our approved provider’s panel to select the most appropriate solution for your specific and personal needs. If an investment platform is suitable, we will always compare price and functionality to arrive at a suitable recommendation taking account of your specific needs.
Investments and Pensions. Before we provide any services to you, we will gather information about your circumstances and needs at no expense. This initial advice will always be appropriate for you and we will base it on your circumstances at that time. A one-off adviser charge is made of 1% of the lump sum investment amount, subject to a minimum charge of £1000. Example A lump sum investment of £300,000 would mean an adviser charge of £3,000 (£300,000 x 1% = £3,000.) A lump sum investment of £75,000 would mean an adviser charge of £1000 (£75000 x 1% = £750, £1000 is higher therefore the charge would be £1000) OR An adviser charge based on the amount of time spent preparing, researching then meeting with you then providing our recommendations as per the following rates; Adviser charge £250 per hour Administration charge £75 per hour For example: Placing an investment with a Discretionary Investment Manager Five hours adviser time = £1250 Two hours admin costs = £150 Total cost = £1400 Your adviser charge will be paid from the chosen product through a one off payment. Your adviser charge cannot be paid in instalments. The fee will not exceed the rates shown in this document. We will agree the rate we will charge before beginning work and we will tell you if you have to pay VAT. The fee will become payable on completion of our work. You may ask us for an estimate of how much in total we might charge. You may also ask us not to exceed a given amount without checking with you first.
