Our feesHow we charge

The value of our work.

Financial planning can be life-changing, there is no doubt about that. It brings your money to life and gives it purpose.

Above all, a financial plan and bespoke advice offer immense value by providing rewards and peace of mind. Until you experience the benefits, it’s hard to imagine how it will impact your life, but we’re here to explain how.

For perspective, a study by Vanguard identified seven key areas where advisers can add value, estimating a total impact of around 3% per year.

How and when we charge.

Our fees vary depending on the type of work. When an investment or pension is involved, we typically charge a percentage of the amount invested and advised upon. Where we’re carrying out bespoke work or a financial plan, this can be set by a “project fee” based on an hourly rate basis.

You can pay for advice from your investments or invoiced to you directly. The cost is usually applied at the implementation stage, although some services such as a financial plan or financial coaching can be charged in advance. We’ll always provide you with an indication of cost before carrying out any work on your behalf, and nothing is charged without your prior agreement.

Initial advice, recommendation, and implementation fee.

3% of assets invested

On investments and pensions, we charge an initial fee of 3% of the value on which we have provided advice. This fee becomes chargeable after our second meeting and will usually be paid as part of the implementation stage.

Should you decide not to proceed at any point, a part of the agreed fee will still be payable.

This will include:

Determining your financial goals and objectives
Developing a solution based on your individual needs
Presentation of our findings and research
Preparing the necessary paperwork on your behalf
Regular updates during implementation.

Here are some examples:

If you were to invest an amount or purchase an annuity of £250,000, the initial fee of 3% would be chargeable at £7,500. If you opt to pay for this by deduction of your investment, this will reduce your investment to £242,500.

If you were to invest an amount or purchase an annuity of £750,000, the initial fee of 3% would be chargeable at £22,500. If you opt to pay for this by deduction of your investment, this will reduce your investment to £727,500.

Ongoing service fee.

1% per year of assets under advice

This will include:

Ongoing advice and support from your financial planner and team members
Regular communication via newsletters, new and topical updates
Client login access
Processing income withdrawals and pension benefits
Maximising ISA allowances in each tax year
Administering pension top-ups
Annual due diligence and investment suitability
Annual review meeting
Rebalancing of investments
Quarterly investment mapping and investment committee
Investment/provider changes as needed
Contact with other professionals where required.

Here are some examples:

If your investment value is £250,000, the ongoing fee of 1% would be chargeable at £2,500 per year. This is divided by twelve and paid monthly in arrears. In this example, it would equate to £208.33 per month, subject to market fluctuations.

If your investment value is £750,000, the ongoing fee of 1% would be chargeable at £7,500 per year. This is divided by twelve and paid monthly in arrears. In this example, it would equate to £625 per month, subject to market fluctuations.

Financial Planning (cashflow) analysis.

From £2,500

We also offer detailed financial planning exercises. We can complete these as a standalone project, or alongside investment advice. During these, we explore your income and expenditures against your lifestyle or retirement goals. We can explore a range of scenarios to help you decide on a financial plan.

The Financial Conduct Authority does not regulate cashflow planning.

The cost will be agreed before any work is carried out. The below costings have been provided as an example and are separate from any financial advice or implementation costs:

Example analysis	Estimated number of hours to complete	Estimated total cost at £250 per hour
Detailed financial planning exercise (cashflow analysis)	10	£2,500
Detailed cashflow and Inheritance Tax calculation	12	£3,000
Complex cashflow analysis with multiple entities or scenarios	15	£3,750
Complex cashflow and Inheritance Tax calculation	17	£4,250

Words straight from our clients.

Lisa has been fundamental in helping us plan our retirement.

Darren and Stephanie

I’m confident about my financial future thanks to Lisa’s sound advice.

Stephen Orme

Working with Footes makes us feel very confident and very secure.

Tracey and Rob

Lisa’s warm, down-to-earth advice helped us feel secure and confident about our financial future.

Tim and Carolyn

Lisa has been there every step of the way as our financial needs have changed over time.

Angela Drew

Footes Financial Planning changed my life completely.

Phil Summerfield

Our feesHow we charge

The value of our work.

How and when we charge.

Initial advice, recommendation, and implementation fee.

3% of assets invested

This will include:

Here are some examples:

Ongoing service fee.

1% per year of assets under advice

This will include:

Here are some examples:

Financial Planning (cashflow) analysis.

From £2,500

Words straight from our clients.

Lisa has been fundamental in helping us plan our retirement.

I’m confident about my financial future thanks to Lisa’s sound advice.

Working with Footes makes us feel very confident and very secure.

Lisa’s warm, down-to-earth advice helped us feel secure and confident about our financial future.

Lisa has been there every step of the way as our financial needs have changed over time.

Footes Financial Planning changed my life completely.

0

of clients would recommend us to their friends, family or colleagues

0

believe that working with us has helped or will help them achieve their financial goals

0

were satisfied that we understood their needs, goals, aspirations and objectives

Reach out and
say hello

Our feesHow we charge

The value of our work.

How and when we charge.

Initial advice, recommendation, and implementation fee.

3% of assets invested

This will include:

Here are some examples:

Ongoing service fee.

1% per year of assets under advice

This will include:

Here are some examples:

Financial Planning (cashflow) analysis.

From £2,500

Words straight from our clients.

Lisa has been fundamental in helping us plan our retirement.

I’m confident about my financial future thanks to Lisa’s sound advice.

Working with Footes makes us feel very confident and very secure.

Lisa’s warm, down-to-earth advice helped us feel secure and confident about our financial future.

Lisa has been there every step of the way as our financial needs have changed over time.

Footes Financial Planning changed my life completely.

0

of clients would recommend us to their friends, family or colleagues

0

believe that working with us has helped or will help them achieve their financial goals

0

were satisfied that we understood their needs, goals, aspirations and objectives

Reach out and say hello

Reach out and
say hello