An initial meeting is offered at our cost with no obligation on you to take up our services. This meeting may be offered either at our offices, at your home or business or online depending on your location.
By the end of the first meeting we will explain the nature of the work we will do for you and an estimate of fees that you should expect to pay.
Our typical fees are set out below which you see will vary depending on the complexity of the advice and work involved. By the end of the initial meeting we intend to give you an idea of the level of advice fees relating to your personal situation and requirements.
We can also work on an hourly rate for our advice. Hourly rates can be found below.
We will always tell you exactly how much you will need to pay before you agree to proceed with our services. The agreed fee may be paid by invoice or deducted, with your prior consent, from any investment or pension product if one is implemented for you.
We charge separately for financial advice and the implementation of the advice. Typical types of work and the fees we would charge for each are set out below.
Planning and Advice
£800 – £1,500
Transactional investment from cash
One off Pension contributions
Family or business protection
Regular premium contracts
£1,500 – £2,500
Review of existing products
Assessment of existing investments
Consolidation of tax wrappers
£2,500 – £5,000
Financial Planning & Modelling
Ancillary Trust & Tax Planning
Review of complex financial arrangements
£0 – £499,000
Up to 1.5%
£500,000 – £2,000,000
Up to 0.75%
Up to 0.25%
Example 1; Portfolio value of £250,000
1.5% fee = £3,750 implementation fee
Example 2; Portfolio value of £750,000
0.6% fee = £4,500 implementation fee
Example 3; Portfolio value of £3,000,000
0.2% fee = £6,000 implementation fee
Cost of Ongoing advice
Our two service offerings both involve ongoing advice with typically a periodic or annual meeting.
Our Ongoing Advice Fee will depend on the complexity of your affairs and the level of service required. Its is agreed at outset and expressed in either percentage or monetary terms.
We estimate our ongoing advice fees for each client individually based on the time, value and complexity of the advice required.
£250,000 Trustee Investment
Guardian Sevice (periodic review)
0.8% per annum OR Fixed fee of £2,100 per annum
Private Client with £600,000 invested across various products
Financial Planning Review Service (annual review)
1% per annum OR Fixed Fee of £6,000 per annum
Company Director with £1.5m invested across various products
Financial Planning Service (annual review) & Collaboration with Accountant
0.6% per annum OR Fixed fee of £9,000 per annum
The level of ongoing fees will be estimated and agreed at outset. Our services are not contractual and can be cancelled by either party without prejudice.
Please note, if we agree to cover the cost of ongoing advice by charging a percentage of funds under management, as the funds grow and the value of your investment increases, so will the charge applicable. Alternatively, we can opt for a fixed monetary fee or retainer.
If you would prefer for us to work on a time/cost basis our hourly rates are as follows;
Financial Planner – £215
Technical Analyst – £95
Financial Administrator – £65
All fees may be subject to VAT should our recommendations not result in the recommendation of a regulated financial product(s).
Should we undertake research and analysis work on your behalf, but you decide not to take up our recommendations, we reserve the right to charge you a fee to cover our time with a minimum fee of £500.
Ellis Davies Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority.
You can find Ellis Davies Financial Planning Ltd on the FCA register by clicking here. Reference number: 938369
Registered in England. Company number 10550096
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.