Fees explained - and what they cover
Transparent, FCA-compliant fees agreed in writing before any work begins. No hidden charges, no surprises.
Here is what I charge, and what each service includes. All fees are agreed in writing before any work begins - no hidden charges, no surprises.
Advice that leads to a product recommendation is exempt from VAT. Advice-only work, where no product is recommended or implemented - cashflow modelling, strategy planning and second opinions, for example - is a standard-rated service, so VAT is charged at 20% on top of the fees shown. Which applies to you is confirmed in writing before any work starts.
The initial 20-minute discovery call is completely free and without obligation. Fees for any further work are confirmed in writing and must be agreed before any chargeable activity begins.
Fees by service area
All fees are set by Fintuity Private Wealth and disclosed in your Client Fee Agreement before work begins.
Investment & Pension Advice
Initial fee capped at 3%
of gross value invested or reviewed · minimum £500
The initial advice and implementation fee is calculated as a percentage of the amount invested or reviewed and is capped at 3%, subject to a £500 minimum. The actual percentage applied depends on the size and complexity of the work and is agreed with you in advance before any chargeable work begins. For pension contributions, the fee is always based on the gross amount invested, meaning the figure after tax relief is added rather than the amount you pay in.
Example
You invest £10,000 into a pension and have £20,000 in existing pensions to review. If the agreed initial fee was 3%, the fee would be £900.
Regular Contributions
£500
for advice on setting up regular contributions
A flat £500 fee for advice on setting up regular monthly contributions, rather than a percentage of a lump sum. The full fee is payable at the outset.
Example
You want to save £500 per month (gross) into a pension. The fee would be £500 at the outset.
Ongoing Advice Service
Up to 1%
per year of total investment value · minimum £250/year
Includes portfolio monitoring, at least one annual review meeting (face-to-face for Fintuity Private Wealth clients), an annual review letter, and availability for ad hoc queries throughout the year. Charged monthly from your plan. Fully optional - you can cancel in writing at any time.
Example
Investments worth £100,000: the annual cost would be up to £1,000, paid as approximately £83/month from your plan.
Protection Advice
No fee
insurer pays a commission to us, which is always disclosed upfront
When arranging life insurance, critical illness cover, income protection or other protection products, we receive a commission from the insurer, funded from part of your premium. This is always clearly disclosed in the product illustration before you proceed - you pay nothing directly to us.
Inheritance Tax Planning
£1,200 + VAT
IHT overview & strategy planning, where no product is recommended
A fixed fee for reviewing your inheritance tax position and setting out a strategy - including analysis of trusts, protection options and gifting. Because no product is recommended or implemented, this is a standard-rated service and VAT applies. If an investment is later recommended and implemented, the initial advice fee above applies instead and no VAT is chargeable on it.
Example
IHT overview and strategy planning: £1,200 + VAT of £240 = £1,440 payable.
One-off & Specialist Work
From £600 + VAT
fixed fee, agreed in writing before any work begins
Advice-only work that sits outside the standard fee structure, where no product is recommended and nothing is implemented - cashflow modelling, strategy planning, second opinions and similar. These are standard-rated services, so VAT applies. The full list of fixed fees is below.
Example
Retirement income cashflow planning: £1,500 + VAT of £300 = £1,800 payable.
Fee summary
A quick reference to the fees detailed above.
| Service | Fee | Minimum |
|---|---|---|
| Investment & Pension Advice | Initial fee capped at 3% of gross value invested or reviewed; exact fee agreed in advance based on the size and complexity of the work | £500 |
| Ongoing Advice Service | Up to 1% per year of total investment value | £250/year |
| Regular Contributions | £500 flat fee for advice on setting up regular contributions, payable at the outset | £500 |
| Protection Advice | No direct fee - commission from insurer (fully disclosed) | - |
| Inheritance Tax Planning | £1,200 + VAT where no product is recommended; otherwise the initial advice fee applies | £1,200 + VAT |
| Advice-only & specialist work | Fixed fee agreed in writing before work begins - VAT applies | From £600 + VAT |
Initial 20-minute discovery call is always free. All fees disclosed in writing before any chargeable work begins.
These are fee-based services where no product is recommended and nothing is implemented. Because there is no intermediation, they are standard-rated and VAT is charged at 20% on top of the fee shown.
| Retirement income cashflow planning | £1,500 + VAT |
| Intergenerational planning / estate modelling | £1,500 + VAT |
| Pension withdrawal strategy (existing arrangements) | £1,200 + VAT |
| IHT overview & strategy planning (no product recommendation) | £1,200 + VAT |
| Divorce / separation financial modelling | £1,200 + VAT |
| Care fees planning (strategic, no product recommendation) | £1,200 + VAT |
| Bond encashment calculations (onshore / offshore) | £900 + VAT |
| Pension tax planning | £900 + VAT |
| Pensions lifetime allowance / legacy allowance modelling | £900 + VAT |
| Redundancy planning | £900 + VAT |
| Financial 'MOT' / second opinion | £900 + VAT |
| Suitability review of existing strategy | £900 + VAT |
| State pension optimisation (advice only) | £600 + VAT |
| Asset allocation review (theoretical / existing holdings) | £600 + VAT |
| Behavioural coaching & volatility planning | £600 + VAT |
Financial Wellbeing Reviews are classed as guidance rather than regulated advice, and are also subject to VAT. In some cases both a fixed advice-only fee and a percentage-based fee apply - for example, if you pay for cashflow modelling now and later ask me to consolidate and manage your pensions.
A full Client Agreement and Fee Schedule, setting out how charges are agreed and applied, is provided in writing before any chargeable work begins.
Convenient, tax-efficient, flexible
Where possible, initial and ongoing fees are deducted directly from the recommended product - this is often more tax-efficient than paying by separate invoice, and means you do not have to transfer funds separately. Where this is not possible, fees are payable by bank transfer, debit or credit card, or direct debit.
Ongoing advice fees are calculated and paid monthly, so they rise and fall in line with your portfolio value. You can cancel the ongoing service at any time by notifying us in writing.
If you ask me to carry out ad hoc work and you do not have an ongoing service in place, that fee must be settled before any recommendation is implemented. For other services, initial charges become payable once the agreed work is complete, and must be settled within 15 calendar days of you receiving the invoice.
If you decide not to proceed
If we carry out our full research and analysis and present you with a suitability report, and you then decide not to proceed with our recommendations, a £500 report fee is payable. This covers the work done on your behalf. This applies to investment and pension advice cases.
Is good advice worth the cost?
Some independent research suggests that, over time, people who receive regulated financial advice may build higher levels of wealth than those who do not. This is an average finding rather than a guarantee, and your own outcomes will depend on your circumstances, decisions and market conditions.
That is before considering the less measurable benefits: the confidence of knowing your plan is sound, protection that pays out when you need it, tax you do not overpay, and an inheritance tax position that may be improved with proper planning.
The real question is not whether advice costs something - it does. The question is whether the value of the advice is clear and worthwhile for your circumstances.
Start with a free 20-minute call
No fee, no commitment. We will talk through your situation, explain how advice works, and agree whether we are a good fit before any work begins.