Fair Fees
How do we charge
Integrity and honesty are key when it comes to building an ongoing relationship with clients, especially when it comes to fees.
We feel it’s important to be comfortable with all fees to develop long-standing client relationships; you need to feel you’re getting value for money, and we need to feel our resources are covered. We find a long-term client relationship allows us to use initial and ongoing fees fairly, making the process much easier than a short term one; recovering costs in a short space of time is often unrealistic.
We tailor our fees according to each client and their needs, ranging in price dependent on the services you require. We are always willing to discuss every fee, accommodating almost all fair requests. You can pay a percentage of the assigned assets; the percentage charge tailored according to the allocated assets and needs. We also offer the options of fixed rate fees, or fixed upfront fees, billed directly or can be paid for via existing investments or pensions.
Our newest service is that of an ‘Overview Facility’. We will meet annually, but in the meantime the team will be available for queries throughout the year via phone or email on a range of subjects. We can help with issues from tax queries and views on markets, to levels of risks, and even finding the best bank account.
With this service, we do not place any investments or manage any money, or take any responsibility to do so, and the minimum charge would be £250 a month.
Ongoing Fees
On a percentage of funds under management basis, we charge between 0.5% to 1%pa, dependent on the amounts involved and the scope of the service required. The table below provides an example of what our fees may typically be.
As an example, if you invested £250,000 with us our fee would be £2,500pa. Should you invest £500,000 then our fee per annum would be £3,250pa. These are just examples and would be discussed before we completed any work for you.
Initial Fees
These occur for new clients dependent on their requirements and can range from £1500 to £2500. These are normally waived however for larger investments.
Other Fees
Some investment products do not allow for ongoing fees. With this in mind, we make adjustments to our normal structure by either increasing the initial fee, or by taking a higher ongoing fee on other investments. This would ensure we maintain a fair average fee across all the investments.
We believe our fees to be fair and competitively priced, and we always accept payment of them in a way that is practical for you.
What we want to ensure, most importantly, is that whatever the cost, you receive a great service which delivers good value for your money. Hopefully, the information above will help you to decide whether we are a good fit for you.
Why not contact us now for your free consultation and Financial Health Check
Call us on 01279 598710 or email plan@kingfp.co.uk
Or just complete the form below and we will contact you back as soon as we can after we receive your enquiry.
If you would like to be contacted, please fill in the form below. If your need is more contact, please do not hesitate to contact James King:
email - james.king@kingfp.co.uk or call on 01279 598710. If not available, please leave a message and he will get back as soon as possible.
Contact Us
We would love to answer any questions and/or schedule a complimentary consultation. Please call us or send us an email by completing the form below.
If you would like to speak to James King, please leave a message below (including your postcode), and he will get back to you as soon as possible.
Please also indicate which services you are particularly interested in:
01279 598710
Causeway House
1 Dane Street
Bishop’s Stortford
Herts
CM23 3BT
King Financial Planning LLP is an appointed representative of The Tavistock Partnership Limited which is authorised and regulated by the Financial Conduct Authority. FCA No: 519014. Registered Office: 1 Queen’s Square, Ascot Business Park, Lyndhurst Road, Ascot, Berkshire SL5 9FE. Registered in England No. OC429875. Partners James King & Tavistock Investments Plc. The Tavistock Partnership Limited is a wholly owned subsidiary of Tavistock Investments Plc.
Some forms of Estate Planning are not regulated by the Financial Conduct Authority.
