As our name suggests we want to provide clarity for your journey ahead, and that means being open, honest, transparent and clear about the fees we charge for the work we do.
We don’t believe in making things hard to understand so we’ve made our process – and our fee schedule – clear and simple.
We do not charge any fees for our discovery phase, we will not charge until we know we can help, all initial conversations, discovery meetings, research and analysis are provided with no fee. Only when you are ready to implement our suggested plan do we charge a fee.
We charge a one-off initial fee of 1% of your assets under management, with a minimum fee of £1,000.
If you choose to keep an ongoing relationship, our flexibility gives you a choice over how you work with us for ongoing financial planning and investment management – face-to-face or remotely and fair fees that reflect your needs.
Our ongoing relationship with you provides regular reviews and reports, annual assessment of your circumstances and protection needs.
Instead of offering ‘gold’, ‘silver’ and ‘bronze’ ranges like many other financial planners, we believe every client should receive the same outstanding level of service. Our fees are therefore only dependent on the amount of time your particular financial arrangements require from our team.
You may choose from:
Our
face-to-face service at a fee of 0.88%.
Our
digital/remote service at a fee of 0.7% for telephone/video call only.
We want you to be happy with our service. We offer a money back guarantee. In the unlikely event that you become dissatisfied with our service or advice and you decide to cancel the ongoing review service, we will refund the ongoing fees received during that year.
Ongoing fees – what’s included?
- Regular reviews to ascertain the performance of your investments and to track the progress of your life plan
- Annual assessment of your attitude to investment risk, capacity for loss and willingness/ability to take risk
- Assessment of the ongoing suitability of your existing investments and the ongoing tax efficiency of each wrapper. Any changes required will be included in the service
- Annual assessment of your income and outgoings and future sustainability and affordability
- Ongoing monitoring of your investments and the performance and suitability
- Regular reports including reviews of the progress towards your long term goals and strategy, and to make any changes where required
- Review of your personal tax position, including income tax relief, income tax, capital gains tax and inheritance tax planning.
- Annual reassessment of your protection needs
- Regular newsletters and updates to changes to legislation
- Introduction to suitable professional connections, such as solicitors or accountants including discounts for Clear Vision Wealth Management clients where this is available
- Telephone and email support outside of annual review meetings
- Valuation statements
- Information for tax returns provided on request
- Advice and implementation of new monies to existing investments and pensions
- Investment switch service
- Detailed cashflow modelling complimenting the knowledge you receive from your adviser. Cashflow forecasting enables you to forecast your financial position year by year, combining a number of factors such as expenditure, inflation, investment returns and tax rates. More importantly, it visually helps to bring your money to life, helping to manage your assets, future goals and attitude to investment risk
- Review of the costs of your platform or SIPP to ascertain whether further savings can be made
For more information on any aspect of our service or fees, please contact us – we’d be happy to answer your questions.
Contact us
Ask us a question or arrange a call. We don’t charge for initial meetings and are happy to help you with your enquiries.
