01462458863 enquiries@handefs.co.uk

How we are paid

Costs:

We have introduces a tiered charging structure which ranges between 3 and 0.5% depending on the size of the fund we are working with.  This is suitable for those clients with a portfolio in excess of £15,000.00 to invest. Our minimum initial fee is £1000.00.

You will have the option of paying for our costs by cheque or having them deducted from your portfolio or wrap account. 

Range

%

£

Adviser charge on investments up to £100,000

3% of the funds invested

For an investment of £100,000 you will be charged a fee of £3,000

Adviser charge on investments tranches of £100,000 - £250,000

2% of the funds invested

For an investment of £250,000 you will be charged a fee of £6,000

Adviser charge on investments tranches of £251,000 - £500,000

1% of the funds invested

For an investment of £500,000 you will be charged a fee of £8,500

Adviser charge on investments tranches above £501,000

0.5% of the funds invested

For an investment of £600,000 you will be charged a fee of £9,000

Adviser charge for regular contributions

20% of the first year’s premiums 

For a monthly premium of £500 you would be charged a fee of £1,200 (minimum fee £500)

On-going charge (centralised investment process)

0.5% of the funds under management

For a fund £100,000 you will be charged a fee of £500

Annual Charge (bespoke investment process)

1% of the funds under management

For a fund £100,000 you will be charged a fee of £1,000

Introduction to Discretionary Fund Management

1%

For an investment of £250,000 you will be charged a fee of £2,500

In additional to our advice costs there will be annual charges on the underlying funds within your portfolio and there may also be charges imposed by the selected wrap platform.  

Typically the underlying funds within your portfolio will have an annual management charge in the region of 1%. 

The Standard Life Wrap Platform typically has an annual administration charge of 0.4%.  The Funds Network Platform has an annual administration charge of 0.25% plus a switching fee of 0.25%. 

You will be provided with a personalised illustration which will detail all of the applicable charges including our advice charge, the fund charges and any applicable wrap charges.

On-going Service Options:

Servicing categories:    Premier Comprehensive Standard
Assessment of Attitude to Investment Risk
Annual Statements  
On-going Portfolio Communication    
On-going Phone and Email Support  
Option of Two Face to Face Review Meetings    
Option of One Face to Face Review Meeting    
Option of One Telephone Review Meeting    
Quarterly Portfolio Rebalancing    
Six Monthly Portfolio Rebalancing    
Automatic Portfolio Rebalancing    
Further Advice and Recommendations at your request (Hourly charges apply)    
Phone and E mail support at your request (Hourly charges apply)    
Quarterly News Letter
Cost on a fund of £100,000 0.7% £700.00 0.5% £500.00 0.3% £300.00

 

If an hourly charge option is selected. The following rates will be charged for our services and invoices will be submitted, for settlement within 30 days.  Our current scales of charges are: 

Principal £150.00 per hour
Para planner £100.00 per hour
Travel time £50.00 per hour
Administrator £50.00 per hour