FEES & CHARGES
From the first meeting with your client’s dedicated investment manager, we will keep you fully informed of any charges relating to your client’s investments.
We charge a quarterly management fee, calculated as a percentage of your client’s portfolio. This includes all aspects of portfolio management, reporting, review meetings, administration and, where appropriate, any costs for providing custody of assets. Our discretionary management fee will be subject to VAT, although there are some exceptions.
Facilitation of adviser charge
If you wish to take an adviser charge on your client’s portfolio, your client should complete our adviser charging form, which is on the reverse of our Schedule of Charges. We will deduct the agreed charge quarterly and pay this to you. Please take care when considering the VAT position of your adviser charge.
Standard clean fee
Annual management charge
Our annual management charge is based on the value of your portfolio (including ISAs where applicable) at each month end averaged over the charging period. It is charged quarterly in arrears at the end of March, June, September and December and is subject to VAT.
- 1.00% on the first £1,000,000;
- 0.50% on the next £1,500,000;
- 0.4% on the next £3,000,000;
- 0.30% thereafter
Subject to a minimum £500 (plus VAT) per quarter.
- A charge of 0.75% on the exchange rate on non-Sterling security transactions will be applied.
- ISA Subscriptions are subject to a 0.50% (plus VAT) administration fee.
- In respect of overseas transactions, local taxes and third party brokerage charges may apply.
Find out more
To discuss our fees in more detail please speak to a member of our Business Development Team.
Subscribe to Diary of a Fund Manager
Get the inside view from Quilter Cheviot Investment Director, David Miller, in this award-winning weekly diary.
Award-winning Investment Director
Winner, Wealth Manager of the Year– City of London Wealth Management Awards 2017
Gold Rating, Diary of a Fund Manager – Portfolio Adviser Wealth Manager Awards 2017
Winner, Outstanding Achievement – City of London Wealth Management Awards 2016