Whose Products & What Services Do We Offer?
A holistic financial plan is not based around products but rather takes a big picture view of your finances to establish where you are, where you want to be and what you need to do to get there.
A holistic financial plan is the most in-depth service that we offer. When we construct for you a holistic financial plan it will take into account cash flow throughout your life including retirement, what-if scenarios all based around your aspirations and personal priorities. We will look at all areas of your finance’s constructing a long term plan for you and optimising any areas of your finances that require adjustment.
Your plan won’t make specific product recommendations but rather changes you should make. The plan may recommend that you consider also having one or more of the focused advice services detailed in this document, e.g. analysis of existing pension plans etc. The additional focused advice and analysis services would be charged separately however we would discount the bill for focused advice services that are triggered by the holistic report, as detailed below.
What Will You Have To Pay For This Service?
Your first holistic financial plan will have a fixed fee of £1,500. Any product-specific advice that you decide to take because of issues identified in your Holistic Financial Plan will be charged at the appropriate rate for that service as outlined later in this document.
Any additional focused advice and analysis services that are triggered by the holistic report will be discounted by £750 or the full bill whichever is the smaller. (This discount excludes any commission-based products).
The price is the same whether you have taken this service as an individual or a couple, and we strongly recommend that if you are part of a couple you both participate.
There is no ‘ongoing service’ for holistic financial plans, however, we recommend that your plan is reviewed at regular intervals, brought up to date and adjustments made. The charge for a plan update is £500. Plan updates must be made less than 2 years from the original plan or a new initial charge will be incurred instead.
If however you are receiving and paying for ongoing service for pensions or investments the plan update fee will be waived.
When & How You Will You Have To Pay For This Service?
A deposit of £500 is required before collation of the information necessary to compile your initial plan will begin. The remainder of your bill will become due upon delivery of your plan.
If we are creating a plan update a deposit of £100 is required before gathering and collation of information will begin and the balance will be due upon delivery of your plan.