Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured reviews to give you peace of mind; • an assessment of your circumstances and any changes to your plans that are needed; • regular updates and information regarding your holdings; • a choice of differing levels of support depending on your needs; • ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically our costs range from 0.5% to 1% per annum and are based on the value of your investment(s) at each 12 month anniversary, and are paid pro-rata in arrears. Therefore, if the value of your investment(s) totalled £50,000 our yearly fees would range from £250 to £500. The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce. Any change to the level of services throughout this agreement will result in pro-rata charge being applied. The charges listed above can be deducted from your investments or paid directly by you. You should note that when paid though the investments it may reduce your personal tax thresholds and/or exemption levels. Where this happens we will discuss it with you and confirm it in your personal recommendation report. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Transactional only £Nil Level 3 £150 Level 2 £750 Level 1 £1000 Example 1; if your investments are valued at £50,000 and you have selected Xxxxx 0 (0.5%) the ongoing management fee we would receive is £250. Example 2; if your investments are valued at £120,000 and you have selected Xxxxx 0 (0.75%) the ongoing management fee we would receive is £900. As this is equal to the minimum ongoing service fee no other charges would be applied. If you wish to pay directly you can spread the payment over a 12 month period we can arrange for a standing order to be set up on a monthly basis at 1/12 of the fee agreed. Should you decide to cancel our agreement to provide on-going services you must provide written confirmation of your decision and we wi...
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured reviews to give you peace of mind; • assessment of your circumstances and any changes to your plans that are needed; • a choice of differing levels of support depending on your needs; • Ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically, our ongoing service cost is 0.75% to 1% per annum subject to a minimum fee of £500 per annum and are based on the value of your investment(s) at each 12 month anniversary, and are paid monthly/annually in advance. For the Transactional only service there is no ongoing fee. Where we agree to provide ongoing services you can choose to cancel this at any time by providing us with written confirmation of your decision. Payments would then cease within 7 business days or after collection of any due proportion of any period charges if later. *The charges listed above can be deducted from your investments or paid directly by you*
Ongoing Reviews and Changes to Existing Investments. Xxxxxx Wealth Management LLP offers two types of service – transactional services and advisory services.
Ongoing Reviews and Changes to Existing Investments. The annual charge for providing on-going services in accordance with the term of the above agreement is approximately £xxx based on the total amount of £xxx that you have invested. As our charge is based on the value of your investment fund(s) this amount can go down as well as up in accordance with the value of these. I / We agree with the Adviser Charges above and wish to pay this directly / facilitate this through the policy(ies).
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • Structured reviews to give you peace of mind; • Assessment of your circumstances and any changes to your plans that are needed; • Regular updates and information regarding your holdings; • A choice of differing levels of support depending on your needs; • Ongoing support with correspondence and administration issues. These should be considered maximum figures unless the work undertaken is complex, we will inform you of this in advance. Details of the different levels of services are shown in the table overleaf. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Service Levels Wealth Planning Financial Planning Virtual Planning Administration only (existing clients only) Annual Fee 0.75% 0.75% 0.75% 0.75% Review Frequency As Required Annually Annually N/A Investment Solution Review Meeting: • Review of Objectives • Review of Risk profile • Review of Asset Allocation (if required) • Review of tax changes • Updates & valuations Bespoke Active Blended Passive ✓ Face to Face Active Blended Passive ✓ Face to Face Active Blended Passive ✓ Virtual Active Blended Passive Meeting not included but available at £250 per hour Cashflow modelling ✓ £250 fee £500 fee Annual statement of holdings ✓ ✓ ✓ ✓ Professional expertise and ✓ into our investment processes ✓ ✓ Tax planning ✓ Estate planning ✓ ✓ Ongoing access to your ✓ ✓ ✓ Ongoing access to our ✓ ✓ ✓ Quarterly newsletter ✓ ✓ Budget statement review ✓ ✓ Liaison with accountant / ✓ ✓ Subject to a minimum £7,500 £2,000 £750 N/A governance embedded adviser support team newsletter solicitor (if required) charge of : It should be noted that if you choose any of our ongoing services they may be subject to a minimum fee. Where we agree to provide ongoing services, you can choose to cancel this at any time by providing us with written confirmation of your decision. Payments would then cease within 7 business days or after collection of any due proportion of any period charges if later. The charges listed can be deducted from your investments or paid directly by you. Examples of the ongoing charge Other Charges We list here 3 examples to the above charges to help you understand how these would be applied Example 1 If your investments are valued at £600,000 and you select Wealth Planning service, at 0....
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • Access to an investment adviser and our experienced admin team. • Meetings at our offices on request. • Important updates. • Access to drawdown services. • A choice of differing levels of support depending on your needs; • Ongoing support with correspondence and administration issues. Full details of these different levels of services are contained in our Ongoing Partnership Agreement. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Our fund management costs for our Partnership Clients are based on the value of your investment(s) and are paid pro-rata in arrears. Product Funds Under Management* Fund Management Fee All Investments (non-DFM) plus Drawdown (non-DFM PCLS only) Flat Fee 0.5% Drawdown – Income (non DFM) Up to £799,999 0.7% £800,000 - £999,999 0.6% £1million plus 0.5% SIPP & SSAS Flat Fee 0.5% *This is calculated as only being the funds managed by (with payment of an ongoing management fee) Broom Consultants Ltd. Our fund management costs for our Partnership Plus Clients are a maximum of 1% per annum to include access to DFM services and are based on the value of your investment(s) and are paid pro- rata in arrears. Funds under management Fund Management Fee* Up to £499,999 1.0% £500,000 - £599,999 0.9% £600,000 - £699.999 0.8% £700,000 - £799,999 0.7% £800,000 - £999,999 0.6% £1million plus 0.5% *This is calculated as only being the funds managed by (with payment of an ongoing management fee) Broom Consultants Ltd. Partnership Plus clients’ fees for any non-DFM investments will remain charged as per the charging structure of the partnership service level as given above. Where we agree to provide ongoing services, you can choose to cancel this at any time by providing us with written confirmation of your decision. Payments would then cease after collection of any due proportion of any period charges. Ongoing charges can be deducted from your investments or paid directly by you. We will discuss the options with you and confirm in your personal recommendation(s) report. A transactional only service is available for those clients who require no ongoing relationship and have only non-investment products. Our General Insurance and Protection Services and Costs Similar to our investment services above, we will provide you w...
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: structured reviews to give you peace of mind; an assessment of your circumstances and any changes to your plans that are needed; regular updates and information regarding your holdings; a choice of differing levels of support depending on your needs; Ongoing support with correspondence and administration issues. SERVICE LEVEL Adviser Assist Service Wealth Manager Service Portfolio valuations Access to our support team Professional expertise and governance embedded into our investment processes Ongoing telephone and email access to your adviser Quarterly Email Newsletter Chancellors Budget Summary Newsletter Introduction to accountant / solicitor / mortgage adviser (if required) Access to the Personal Finance Portal (PFP) - enables you to view an up-to-date valuation of your portfolio and fund information. PFP Premium - aggregates short-term cash flow information with medium and long-term savings and investments, providing a powerful insight into your entire net worth. There’s a dedicated mobile phone apps for iPhone and Android devices. Access to PFP Core Access to PFP Premium Bed & ISA Service (if required) £150 plus VAT if applicable Fund Switches £10.50 per sell & purchase Capital Gains Tax Reporting Service (on request) £75 plus VAT if applicable Annual personal pension contribution certificate (on request) £75 plus VAT if applicable Financial Review Meeting including: Annually – on request Annually or bi- annually on request Review of Objectives Review of Risk Profile Review of Asset Allocation (if required) Review of Tax Changes Updates & Valuations Comprehensive Financial Health Check: Detailed Tax Planning Estate Planning Cash Flow Modelling (on request) Cost based on the total value of your investments and portfolio size: Below £149,999 Above £150,000 0.75% 0.50% 1% 0.75% Our Adviser Assist Service may be appropriate for those clients who need to stay in control of their financial affairs without the need for constant monitoring and day-to-day attention. The Wealth Manager Service may be appropriate if you prefer to work closely with your financial advisor to implement and refine your long-term financial strategy, and leave the daily investment decisions to financial professionals. Where we agree to provide ongoing servi...
Ongoing Reviews and Changes to Existing Investments. It is important to review every investment you hold and at regular intervals. At the time of, or prior to, our recommendation to you we will discuss our on-going service proposition. This is confirmed in our ‘service proposition and engagement’ document which will be sent to you separately from this agreement.
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically our costs range from 0% to 1.95% per annum and are based on the value of your investment(s) at each 12 month anniversary, and are paid monthly/annually in arrears. It should be noted that if you choose any of our ongoing management services they are subject to a minimum fee per annum. Typically our costs range from:-
Ongoing Reviews and Changes to Existing Investments. We will discuss the full range of our on-going services during our initial consultation. These services include, but are not limited to, providing you with: • structured reviews to give you peace of mind; • an assessment of your circumstances and any changes to your plans that are needed; • regular updates and information regarding your holdings; • a choice of differing levels of support depending on your needs; • ongoing support with correspondence and administration issues. Details of these different levels of services are contained in our Service Proposition and Engagement document. We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically, our costs range from 0.5% to 1% per annum and are based on the value of your investment(s) at each 12 month anniversary, and are paid monthly/annually in arrears. Where we agree to provide ongoing services you can choose to cancel this at any time by providing us with written confirmation of your decision. Payments would then cease within 7 business days or after collection of any due proportion of any period charges if later. *The charges listed above can be deducted from your investments or paid directly by you*
