How we are paid
We will invite you to make a mutually convenient appointment for a preliminary meeting to establish, firstly, whether we are able to assist with your needs and objectives and, secondly, to discuss how we would be paid for our services, should we be instructed to proceed. There is no obligation on either side at this stage.
After the initial consultation, we will agree with you whether you wish to pay us a fee directly, or whether we are to be paid out of the charges within any financial product you buy (commission).
Our fees are usually based on the amount of time spent working on your behalf, and are calculated at an hourly rate. For lump-sum investment or pension business an additional fee is payable, calculated as a percentage of the transaction value. Initial commission payable by the product provider will be refunded to you by reducing your product charges or increasing your investment amount. Renewal commission is non-refundable.
Commission is paid to a firm of Independent Financial Advisers by a product provider, usually an insurance company or investment house, for the successful placing of business. This commission is included within the provider's normal product charges, so there is nothing you need to pay us in addition. The amount of commission is based on a percentage of the premiums payable or sums invested.
If you ask us to arrange a mortgage for you, we can be paid either by commission or by fee. If you choose to pay us a fee, this will usually be 1% of the loan amount.
Whether we receive our remuneration by way of commission or via direct fees will be a matter of discussion and agreement with you. No charges will be made without prior agreement. Your adviser will provide you with an Initial Disclosure Document with Key Facts about our Costs and Services, showing our standard tariff.
To speak to an adviser, please click on the Free Call Back button on the right hand side of this page and one of our advisers will contact you.