How we charge

Clear fees to suit your needs

Transparency is something we pride ourselves on, and we always want to be completely upfront with our clients. Financial planners don’t have to publish their fees on their websites; however, we have chosen to be completely transparent about how we charge for the work we do.

We disclose our fees on our website to help you understand the total costs and accurately judge the value of our service before getting in touch.

We split our fees into two stages: initial charges and ongoing charges. Below, you will see the costs for each and what you can expect to pay. Our actual charges and fees will be agreed with you before we do any work, and we will explain your payment options too. We will also let you know if any fees are subject to VAT.

Initial charges

Below are the upfront costs of our services and what is included. We offer several types of initial service, depending on your needs.

The initial charges include:

An initial meeting to find out more about you
Agreeing your financial goals and objectives
Establishing your attitude to risk
Reviewing your current arrangements
Undertaking research to identify appropriate products
Providing a personalised report and recommendations
A face-to-face meeting to discuss our recommendations
Implementation of agreed recommendations.

We operate a tiered charging basis as follows:

Investable assets	Initial charge
Below £100,000	2%
£100,000 – £500,000	1%
Above £500,000	0.5%

The minimum initial fee is £500, and the maximum is £15,000.

If, after we have completed a suitability report for you, you choose not to proceed with our advice, we will charge a report fee, which could be subject to VAT.

As an example

If you had £200,000 to invest, the initial fee would be £3,000 (£100,000 x 2% + £100,000 x 1%).

If you had £600,000 to invest, the initial fee would be £6,500 (£100,000 x 2% + £400,000 x 1% + £100,000 x 0.5%).

Ongoing charges

Once your plan is in place, we will agree on a process for regular reviews with you. As part of this, we will continue to monitor your plan and commit to a lifelong service. We encourage all clients to take advantage of this, so we can review the performance of your plan and reassess your personal circumstances, to ensure we are optimising opportunities.

For pensions and investment advice, we charge as follows for our ongoing service:

Financial Planning

You will receive:

An annual review meeting to obtain up-to-date information on your objectives, risk level, and circumstances
A follow-up letter
Annual valuation
Re-assessment of suitability of pensions and/or investments
Ongoing monitoring of underlying investments
Access to us throughout the year so we can answer any queries.

The ongoing charge is

0.75% of funds under advice per year, subject to a minimum of £500. For example, if you invested £200,000, our charge would be £1,500 per year.

Workplace pensions

For workplace pensions, our charges fall into the following categories:

Initial charges:

These are the upfront costs of our services.

Ongoing charges:

Once the workplace pension is set up, it is important to keep it under review so that it remains appropriate, and every three years, re-declaration is required.

Service description

Charges

Tier 1 – start-up and micro-employers

Initial charge: £500 to set up a scheme, or £110 where there is an exemption/minimal duties.

Ongoing charge: £110 every three years for re-declaration. Where Page Kirk LLP is not operating payroll and there is another provider, the ongoing charge is £135 every three years for re-declaration.

Tier 2 – established companies with more employees

Initial charge: £750

Ongoing charge: £350 per year, minimum. Dependent on the complexity and level of work involved in the annual servicing. An estimate will be provided in advance.

How we charge

Clear fees to suit your needs

Initial charges

The initial charges include:

We operate a tiered charging basis as follows:

As an example

Ongoing charges

For pensions and investment advice, we charge as follows for our ongoing service:

Financial Planning

You will receive:

The ongoing charge is

Workplace pensions

Initial charges:

Ongoing charges:

Service description

Charges

Words from our clients

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