When it comes to payment, the amount you pay us is determined by the services you request from us, the level of complexity involved, and the time required to complete the task. These fees typically fall into two categories: the adviser charge for our services and any third-party costs that may arise, such as mortgage arrangement fees charged by the lender.

The payment method varies based on the type of product or service we are providing. For example, if we are arranging insurance coverage, the adviser charge may be paid through commission from the insurance company. If we are finding a mortgage for you, the mortgage arrangement fees can be included in the cost of the product.

We like to discuss payment as soon as possible during the initial consultation stage, so we can be precise about the charges you may face. Once the price is agreed upon, we will discuss the payment options and determine the best method for you. No work will begin until everything is agreed upon.

If we are providing wealth management services, there are three ways to pay the adviser charge. These include:

1. Percentage fee: This is a fee based on a percentage of the amount invested or managed. The fee is usually between 1% and 3% depending on the complexity of the services requested.

2. Hourly rate: The adviser charge is calculated based on an hourly rate of £300 per hour. It typically takes between 15 and 20 hours to complete the financial advice process, so the adviser charge will be around £4,500. However, an estimate of the time required will be provided before work begins.

3. Fixed fee: This is a one-time fee, often charged when the services provided are largely covered by a specific fee from a third-party.