How We Charge
What you can expect
Your journey with us begins with a discovery meeting held at our expense. This is where we first meet each other and, crucially, understand if we can work together.
From here, we estimate the work and costs involved, then explain how this can be paid. We offer two options here, directly or from products.
We will always be transparent about the fees we charge at every stage of the process so you will never be faced with surprises along the way.
The implementation calculator shows the maximum fee under our standard scale, and your actual implementation fee can be lower.
Our quotes are based on the work involved, so consolidating two pensions would not cost as much as consolidating eight, and a discount may be offered on larger portfolios. You will always receive a personal quote in writing before any work commences, so you know exactly what you will pay and why.
We have included this calculator for transparency, and it is for information purposes only.
Ongoing Clients
Building long-term relationships is what we focus on at the Independent Financial Advice Centre.
Our best success stories are the families we have helped across multiple generations, from helping grandparents retire with confidence to helping their grandchildren take their first step onto the property ladder. Wealth decisions made well in one generation create opportunities in the next, and being there for the whole journey is where we add the most value. It is also one of the key reasons we recommend that most of our clients become ongoing clients.
A financial plan is a living thing. Your circumstances change, markets move and tax rules never sit still, and an annual review keeps your plan working as hard in year ten as it did on day one.
Ongoing advice is about more than the annual meeting. It means having someone in your corner who knows your full financial picture, on the end of the phone whenever life throws up a decision worth sanity checking. A new job offer, an inheritance, a house move or simply a worrying headline about markets: our ongoing clients never have to face these moments alone.
There is no tie-in and no exit penalty with our ongoing service, and you can cancel at any time. We would rather you stay because of the value we add each year than because a contract says you must, and after many years and many generations of clients, that approach has served us well.
Feel free to use the ongoing client charges calculator to calculate the charges for our services on annual basis.
Benefits of Ongoing Service
As an ongoing client, every year you receive:
- An annual meeting with your financial planner
- An update of your personal circumstances, goals and objectives
- A full review of your investments and their continuing suitability
- Rebalancing and fund switches where required
- An updated lifestyle cashflow plan
- An annual portfolio report
- A personal recommendation whenever action is needed
- Access to our administration and support team all year round
Meet our clients
See what people in your shoes say about us and how our work makes a difference. This is why we do what we do.