How We Are Paid

How we are paid when we provide you with specific financial advice

On receiving your enquiry we would normally invite you to our offices (or if this is not possible at your place of work or home) for a preliminary meeting. The purpose of this meeting is firstly to establish whether we are able to assist with your needs and help you meet your personal objectives, and secondly to discuss how we would be paid for our advice and services once you have instructed us to proceed. There is no charge for this preliminary meeting, and no obligation on either side.

You can choose how we are paid. For example, we can either accept commission from the provider or, you can choose to pay on a fee basis or we can also arrange a combination of these options.

Should you choose to work on a fee basis, we may charge at our standard hourly rate or charge a fixed fee for an agreed plan of work but we will always ensure that you are fully aware of any costs involved, before a commitment is made. Fees will usually be based on time spent and evaluated at a rate per hour calculated to recover our costs. Fees may attract an additional VAT charge.

Where we implement some financial planning for you by arranging, for instance, a life policy or pension plan, we may be paid commission by the provider, usually an insurance company or an investment house, for the successful placing of business. We will always tell you about any commission we earn, and it will be taken into account in working out our fee.

For more detailed information, please ask us for a copy of our Client Agreement.