Following an initial free consultation where we establish whether we are able to help with a prospective clients’ needs and aims, we will agree with you whether you pay us a fee, or we are paid out of the cost of any financial product you buy (commission). We will always tell you about any commission we earn, and it will be taken into account in working out our fee.

Commission is paid to an IFA firm by a provider, usually an insurance company or an investment house for the
successful placing of business. The commission is included within the provider’s normal product charges. The amount of commission is based on a percentage of the premiums payable or sums invested.

Where no financial product is sold, but advice has been given, a fee is chargeable. Fees will usually be based on time spent and evaluated at a rate per hour calculated to recover our costs. Fees may attract an additional VAT charge whereas commissions, under current legislation, do not.

Whether we take our remuneration by way of commission or fees will be a matter of discussion and agreement, and no charges for fees will be made without prior notification in writing and agreement.