There is usually no charge for the first preliminary meeting.

There will always be a cost for any adviser’s service, as like any other business arrangement, you are benefitting from their expertise. Our clients have three main ways in which they can pay for advice:

Commission

We will always tell you about any commission we earn and the cost of this commission paid out by the provider will normally be included in the price or your product. The commission paid to us by the provider does not usually increase the cost of the product from the costs you would pay to arrange the contract direct with the same Product provider. You obtain the added advantage of our unbiased advice and assistance instead of relying on a single company’s viewpoint.  These commissions vary with different products and providers but will be documented on the Key Facts Illustration (KFI) you receive from us.

Fees

You can pay us a fee, either at an hourly rate or through a fee for the whole process. This is known as ‘fees only’ advice. Fees vary across all Financial Advisers or Insurance Brokers, typically from £100 to £350 an hour depending on where you are in the country and the qualification level of the financial adviser and the service provided. A fee for mortgage advice, application and administration can typically be £350.

We will be happy to discuss our levels of fees as an alternative to commission or a combination of both commission and fees.

Fees and Commission

We can be paid by a combination of fees and commission. We will rebate back into the financial products some or all of the commission or offset it against the fee.

Whether we take our remuneration by way of commission or fees will be a matter of discussion and agreement, and no charges for fees will be made without prior notification in writing.

General Enquiry