Fees
We believe in complete transparency when it comes to our fees, so you will always know exactly what you will pay. We offer our clients two levels of service: foundation and comprehensive.
Foundation advice
An ideal service for you if you need a “light touch” service or are starting out on your journey to accumulate wealth.Initial fees
Adviser – £215 per hour
Paraplanner – £90 per hour
Subject to a minimum fee of £2,500
Ongoing fees
0.55% p.a. based on the value of your portfolio, subject to a minimum fee of £1,500.
Comprehensive advice
Great if you have existing arrangements and are looking to formulate a more joined-up plan.Initial fees
Adviser – £215 per hour
Paraplanner – £90 per hour
Subject to a minimum fee of £4,000
Ongoing fees
0.75% p.a. based on the value of your portfolio, subject to a minimum fee of £3,000.
Example of both fee types
Foundation service – example 1
Foundation service – example 2
Clare and Chris set up their business four years ago. It has grown quickly, and they now have 15 employees.
Their firm takes up a lot of their time, so they came to us for advice on setting up pension arrangements.
They also have two primary school-age children and wanted to make sure they had the right protection in place in case the worst happened.
Client outcome:
As a benefit of the advice they received, they are now contributing towards their retirement and have an achievable plan to meet their desired income levels in retirement. By making employer pension contributions, they were able to reduce their business’s corporation tax bill.
They now have cost-effective protection plans in place to protect their family in the event of death or a critical illness.
Fees:
For the advice that Clare and Chris required, it took 20 hours* of our time in meetings, research, and preparing a recommendation. Our fee was £2,500. Plus, we also received commission from their protection plan providers.
*(6 hours of Adviser & 14 hours of Paraplanner time)
They both felt that a review service was necessary, and opted for our Foundation Ongoing service which means an annual fee of £1,500 based on their investment.
Once we have had a nil-cost and no obligation initial meeting, we can provide an estimate of our fee for the advice you require.
Aamir is in his mid-30s, recently purchased his first house, and wants to start saving for the future.
Aamir has a workplace pension but would like to invest money which he could access in 10 years to move to a bigger home.
Aamir can afford to invest an initial lump sum of £20,000 and save monthly into his investment.
Client outcome:
Aamir invested a lump sum of £20,000 and now regularly contributes into a tax-efficient Stocks & Shares ISA, which over the longer term could provide a real return above inflation.
He has put in place a plan to help achieve his long-term goal.
Aamir did not require our ongoing financial planning service at this time.
Fees:
For the advice that Aamir required, it took 20 hours* of our Adviser & Paraplanners time in meetings, research, and preparing a recommendation. Our fee was £2,500.
*(6 hours of Adviser & 14 hours of Paraplanner time)
Once we have had a nil-cost and no obligation initial meeting, we can provide an estimate of our fee for the advice you require.
Clare and Chris set up their business four years ago. It has grown quickly, and they now have 15 employees.
Their firm takes up a lot of their time, so they came to us for advice on setting up pension arrangements.
They also have two primary school-age children and wanted to make sure they had the right protection in place in case the worst happened.
Client outcome:
As a benefit of the advice they received, they are now contributing towards their retirement and have an achievable plan to meet their desired income levels in retirement. By making employer pension contributions, they were able to reduce their business’s corporation tax bill.
They now have cost-effective protection plans in place to protect their family in the event of death or a critical illness.
Fees:
For the advice that Clare and Chris required, it took 20 hours* of our time in meetings, research, and preparing a recommendation. Our fee was £2,500. Plus, we also received commission from their protection plan providers.
*(6 hours of Adviser & 14 hours of Paraplanner time)
They both felt that a review service was necessary, and opted for our Foundation Ongoing service which means an annual fee of £1,500 based on their investment.
Once we have had a nil-cost and no obligation initial meeting, we can provide an estimate of our fee for the advice you require.
Aamir is in his mid-30s, recently purchased his first house, and wants to start saving for the future.
Aamir has a workplace pension but would like to invest money which he could access in 10 years to move to a bigger home.
Aamir can afford to invest an initial lump sum of £20,000 and save monthly into his investment.
Client outcome:
Aamir invested a lump sum of £20,000 and now regularly contributes into a tax-efficient Stocks & Shares ISA, which over the longer term could provide a real return above inflation.
He has put in place a plan to help achieve his long-term goal.
Aamir did not require our ongoing financial planning service at this time.
Fees:
For the advice that Aamir required, it took 20 hours* of our Adviser & Paraplanners time in meetings, research, and preparing a recommendation. Our fee was £2,500.
*(6 hours of Adviser & 14 hours of Paraplanner time)
Once we have had a nil-cost and no obligation initial meeting, we can provide an estimate of our fee for the advice you require.
Comprehensive service – example 1
Comprehensive service – example 2
Colin and Rachel have worked as solicitors for 32 years. They are considering retiring in the next five years.
Both have various pension funds they have accumulated both privately and through previous employers. They also have some ISAs, stocks and shares, and various other investments valued at £750,000.
They want to know if they have “enough” to give up work, whether they are paying the right amount of tax, and if they will be able to tick off their “wish list” when they retire.
Client outcome:
Colin and Rachel both now have a realistic idea of how their savings could be used to meet their objectives.
They consolidated their pension and ISA plans, so they now have a clear retirement strategy. Furthermore, they were able to reduce the investment charges on their pensions and ISAs.
Most importantly, they now have confidence that they are on track to have a comfortable and enjoyable retirement.
Fees:
For the advice that Colin and Rachel required, it took 48 hours* of our time in meetings, research, preparing a recommendation, and implementing their financial plan. Our fee was £6,200.
Colin and Rachel felt regular reviews were important and opted for our Comprehensive Ongoing Service which means an annual charge of £5,625 based on their original investment amount.
*(13 hours of Adviser & 35 hours of Paraplanner time)
Brian and Lesley are in their late 70s and are concerned by the impact of Inheritance Tax on their estate. They have three children and five grandchildren and would like them all to inherit as much of their estate as possible.
They have a mixture of Stocks & Shares ISAs and cash savings plans, plus an investment property.
Brian and Lesley are aware Inheritance Tax can be as high as 40% and have heard about “Trusts” and “Business Relief” from their friends and the financial newspapers. They want to know how to make use of such arrangements to benefit their family.
Client outcome:
Through trusts and investments that qualify for Business Relief (BR), Brian and Lesley invested £500,000 into a range of tax-efficient solutions.
This could save their estate £200,000 (40%) in Inheritance Tax and provide a greater legacy for their beneficiaries.
Fees:
For the advice that Brian and Lesley required, it took 43 hours* of our Adviser & Paraplanner time in meetings, research, and preparing a recommendation. Our fee was £5,500.
*(12 hours of Adviser & 31 hours of Paraplanner time)
Once we have had a nil-cost and no obligation initial meeting, we can provide an estimate of our fee for the advice you require.
Colin and Rachel have worked as solicitors for 32 years. They are considering retiring in the next five years.
Both have various pension funds they have accumulated both privately and through previous employers. They also have some ISAs, stocks and shares, and various other investments valued at £750,000.
They want to know if they have “enough” to give up work, whether they are paying the right amount of tax, and if they will be able to tick off their “wish list” when they retire.
Client outcome:
Colin and Rachel both now have a realistic idea of how their savings could be used to meet their objectives.
They consolidated their pension and ISA plans, so they now have a clear retirement strategy. Furthermore, they were able to reduce the investment charges on their pensions and ISAs.
Most importantly, they now have confidence that they are on track to have a comfortable and enjoyable retirement.
Fees:
For the advice that Colin and Rachel required, it took 48 hours* of our time in meetings, research, preparing a recommendation, and implementing their financial plan. Our fee was £6,200.
Colin and Rachel felt regular reviews were important and opted for our Comprehensive Ongoing Service which means an annual charge of £5,625 based on their original investment amount.
*(13 hours of Adviser & 35 hours of Paraplanner time)
Brian and Lesley are in their late 70s and are concerned by the impact of Inheritance Tax on their estate. They have three children and five grandchildren and would like them all to inherit as much of their estate as possible.
They have a mixture of Stocks & Shares ISAs and cash savings plans, plus an investment property.
Brian and Lesley are aware Inheritance Tax can be as high as 40% and have heard about “Trusts” and “Business Relief” from their friends and the financial newspapers. They want to know how to make use of such arrangements to benefit their family.
Client outcome:
Through trusts and investments that qualify for Business Relief (BR), Brian and Lesley invested £500,000 into a range of tax-efficient solutions.
This could save their estate £200,000 (40%) in Inheritance Tax and provide a greater legacy for their beneficiaries.
Fees:
For the advice that Brian and Lesley required, it took 43 hours* of our Adviser & Paraplanner time in meetings, research, and preparing a recommendation. Our fee was £5,500.
*(12 hours of Adviser & 31 hours of Paraplanner time)
Once we have had a nil-cost and no obligation initial meeting, we can provide an estimate of our fee for the advice you require.
Fees for insurance and protection services
We do not charge a fee for our insurance and protection services.
That is because any protection we implement as part of your financial planning is paid to us as a commission by your provider and not charged to you as a separate fee.
If you would like to understand more about how this works, please refer to our Client Agreement document for more information.
Courtney Havers LLP is registered in England & Wales no. OC325079. Registered Office: Hilden Park House, 79 Tonbridge Road, Hildenborough, Kent TN11 9BH. Courtney Havers LLP is authorised and regulated by the Financial Conduct Authority no.463179. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at https://www.financial-ombudsman.org.uk/
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