Ongoing Service packages

Once the initial process has been undertaken to put your money to work, where investment/pension recommendations have been taken up it is essential that these are reviewed regularly to ensure that the initial targets/goals set are kept on schedule, change of personal and financial circumstances accounted for, and risk tolerances managed. 

The following packages on the pages below reflect the work that we have always carried out for our clients, but after consulting again with those clients, we have now redesigned the offerings so that specific tasks are grouped together to suit the work you may require of us, at a price you feel you are prepared to pay.

There's nothing new in the titles, these being Gold, Silver and Bronze packages, and each of these has it's own services and cost breakdown. Please don’t read these to mean that Bronze is in any way inferior to the other two – each package will have excellent service in their own right. However, the distinction in these named packages will be in the volume and complexity of work you wish us to carry out for you (or not as the case may be). The charges are expressed as percentages of the total amount of money invested with us, and vary with each level of fund investment. This allows room to manoeuvre according to the complexity and volume of work required in each case.

A couple of examples will highlight our thinking in this regard. A Silver service client with £100,001 to invest with only one investment product deemed suitable for their needs, may incur a charge of £600 p/a (0.60%).

However, another Silver service client with the same £100,001 to invest, but with differing needs prompting recommendations into 3 or 4 different product areas, may incur a charge of £750 p/a (0.75%). The extra charge would reflect the additional work we would have to carry out to review, reconcile and report on those various product areas.

You will notice that there are minimum monetary fees mentioned in some sections. This is because there is a minimal amount of work required to carry out an advice review with all the research, reporting and compliance necessary.

Please bear in mind that the information in the first table below stipulates all the services provided within the 3 propositions. The second table underneath then demonstrates the indicative cost of each of these propositions. These costs can be paid by monthly standing order for ease of budget, or facilitated via the investment/pension provider by them debiting the agreed amounts from your investment monthly, and forwarding onto us in turn.

If you feel that you do not need or want any of specific services listed, we will be happy to reduce the final cost by the value of that particular service omitted from our work. 

 

ONGOING PERSONAL ADVICE SERVICES

SERVICE PROPOSITIONS

GOLD

SILVER

BRONZE

Contact

Unlimited telephone access to your adviser

Unlimited email access to your adviser

Telephone / email assistance via the office

Proactive client contact

Ongoing meetings

Main annual face to face review meeting

Adhoc extra review meetings as required

Annual face to face meeting (if required)

Reporting

Valuation / strategy report (1 per year)

Projected retirement income analysis & report

Mortgage and insurance needs analysis report

Ad hoc report as required

Investment/Pension fund approach

Fund Re-balancing* (1 per year)

Rebalancing (numerous through the year)

Access to Self invested personal pension advice service

Access to our ‘Outside the box Investment’ service**

Access to our Independent advice offering

Portfolio management (fund monitor/switching)

Administration 

Client file retention

Admin with provider correspondence

Assistance with annual tax assessment

          

quarterly newsletter

Professional services 

Liaising with your Solicitor and/or Accountant 

 

*re-balancing involves constantly moving allocated assets back into line with pre agreed risk tolerance levels

**Outside the box investment service will include access to alternative investments such as
fine wine and collectables such as valuable art, stamps and coins etc

 

GOLD SERVICE

 

Total Invested with us (£)

Percentage of investment charge (p/annum)

Minimum annual fee (£)

£250,0001 +

 0.40% - 0.60%

n/a

£200,001 - £250,000

0.50% - 0.75%

n/a

£150,001 - £200,000

0.60% - 0.85%

n/a

£100,001-£150,000

0.75% - 1.20%

n/a

£50,001 - £100,000

0.90% - 1.50%

£750

Under £50,001

1.50% - 2.00%

£750

     

 

SILVER SERVICE

 

Total Invested with us (£)

Percentage of investment charge (p/annum)

Minimum annual fee (£)

£250,0001 +

0.25% - 0.40%

n/a

£200,001 - £250,000

0.30% - 0.50%

n/a

£150,001 - £200,000

0.40% - 0.60%

n/a

£100,001 - £150,000

0.60% - 0.75%

n/a

£50,001 - £100,000

0.75% - 1.00%

£500

Under £50,001

1.00% - 1.50%

£500

     

 

BRONZE SERVICE

 

Total Invested with us (£)

Percentage of investment charge (p/annum)

Minimum annual fee (£)

£250,0001 +

0.15% - 0.25%

n/a 

£200,001 - £250,000

0.20% - 0.30%

n/a

£150,001 - £200,000

0.25% - 0.40%

 n/a 

£100,001 - £150,000

0.30% - 0.50%

                                   n/a

£50,001 - £100,000

0.50% - 0.75%

£200

Under £50,001

0.75% - 1.00%

£200

Financial Resolutions Limited is authorised and regulated by the Financial Conduct Authority. Companies House ref; 06543778.
Our location and registered address is 1a High Street, Bovingdon, Hertfordshire, HP3 0HG