INVESTOR TYPE Online Portfolio
Contact Offices

x

Fees and charges

From the first meeting with your dedicated investment manager, we will keep you fully informed of any charges relating to your investments.

We charge a quarterly management fee, calculated as a percentage of your portfolio. This includes all aspects of portfolio management, reporting, review meetings, direct access to your investment manager, administration and, where appropriate, any costs for providing custody of assets. Where applicable our discretionary management fee will be subject to VAT at the current rate.

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.

Other charges

  • 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.

For cash and stock transfer charges, probate fees and current interest rates see important information.

Standard fee & commission

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.

  • 0.75% on the first £1,000,000;
  • 0.40% on the next £1,500,000;
  • 0.30% thereafter

Subject to a minimum £500 per quarter. This will be inclusive of all transaction charges (including commission) during the period with the balance charged as a management fee which will be subject to VAT.

Transaction charges

Equities & Funds

  • 1.20% on the first £10,000
  • 0.60% on the next £15,000
  • 0.30% on the next £100,000
  • 0.15% thereafter

Gilts & Bonds

  • 0.80% on the first £10,000
  • 0.40% on the next £15,000
  • 0.20% on the next £100,000
  • 0.10% thereafter

In addition, nominee holdings are subject to a contract charge of £40 per transaction and own-name holdings of £50 per transaction.

Other charges

  • 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.

For cash and stock transfer charges, probate fees and current interest rates see important information.

Share your goals with us

Come and see us so we can start working to get you closer to your personal financial goals.

Related content
DIARY OF A FUND MANAGER: 25/09/2017
DIARY OF A FUND MANAGER: 18/09/2017
DIARY OF A FUND MANAGER: 11/09/2017

About the author

Paul Bolt, our wine expert, was recently inducted as a Chevalier de Champagne and actively trades on Livex.