Our fee structure has been designed to reward loyal clients for growing their wealth within the group.At Portfolio we believe that it is important to offer our clients a simple, fair and transparent advisory fee structure.
The first initial meeting that we hold with a client is offered at no cost or obligation. We simply meet the as we are yet to understand and agree how best we can work together. We will only be remunerated if we act on your instruction and behalf.
Initial advice & establishment fees
This is a one off initial fee based on the capital sum you invest or the amount that is transferred to a plan we manage.
This fee starts at 3% but reduces depending upon the size of this investment or “top ups” to existing investments. The tiers for this structure are noted below:
|Up to £150,000||3%|
|Between £150,000 – £500,000||2%|
|Any regular contributions||£750 minimum fee|
Therefore, if you were to invest a sum of £200,000 the first £150,000 would be charged at 3%, and the next £50,000 at 2%, with the total fee being £5,500.
We will receive an intermediary commission for the selected insurance company for the advice and arrangement of a contract of insurance which will be met through your regular premiums.
Annual advisory service fees
Our advisory service fees is an annual percentage of the funds under advice. In most cases the fee is 1%, although some legacy plans are on a lower reduced basis.
For some specialist tasks we will charge a fixed one off fee. This includes advice for pension split in divorce or a cashflow forecast. Please speak to us for more information.