Fees

We believe the fees our clients pay are:

• Clear.

• Competitive.

• Not complicated.

• Not conflicted.

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Initial fee (one-off)

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​Our initial advice fee ranges from £3,700 to £7,500.

 

There is no additional charge for implementation.

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Ongoing fees (annually)

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Our ongoing advice fee starts from £5,000 pa.

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In addition, there are the following fees to pay:​

• *Platform fees: 0.03% to 0.3% pa.

• *Investment management fees: 0.2% to 0.3% pa.

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Total annual fees (advice, platform and investment fees) typically range from 0.8% to 1.5% pa.

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*These charges are levied by the fund managers and platform and do not go to Pyrford Financial Planning. 

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We don't:

• Charge exit fees.

• Charge fees for topping up investments (for example, annual ISA contributions).

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How does this compare?

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Research from the FCA estimates initial advice fees of 2.4% and total ongoing fees of 1.9% pa.

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For a client with £1,000,000 to invest, this equates to an initial fee of £24,000 and total ongoing fees of £19,000 per annum. 

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In this scenario, our initial advice fee would be in the range of £5,000 (0.5%), and the total ongoing fees (including advice, platform, and investment management) would be around £12,000 (1.2%) per annum.