Fees
Our Charging Structure
The size of our fee as you would expect will depend on the amount of work to be undertaken initially and on an ongoing basis. We do not charge an hourly rate as experience has shown us that neither of us want any surprises with the scale of fees incurred, nor do we want clients being overly conscious of the clock ticking when they talk to us. Therefore an agreed fee for the work involved works best for both parties.
We are a small, efficient financial planning practice with costs strictly under control which means we are affordable.
What it costs to run a modern financial planning practice:
Professional fees
Financial services Authority - annual fee linked to turnover
Chartered Insurance Institute
Professional Indemnity Insurance
Annual policy providing up to £1,750,000 of cover in the event of professional negligence
Research Facilities
Investment/savings/protection/tax/legislative - web based research tools which require substantial monthly subscriptions
Compliance Support
FTSE 100 company provides ongoing compliance support to ensure we are kept up to date with legislative changes and all aspects of compliance - annual cost in excess of £3,500
Continuous professional development using external training providers to ensure our knowledge and skills are up to date and relevant
Computer and Data Systems
Daily back up
Full encryption
Market leading data base to accurately record all client data and records
Ongoing maintenance
This is before the normal running costs of an office, staffing or the value of our intellectual experience and expertise!
