Fees
We believe in complete transparency when it comes to our fees, so you will always know exactly what you will pay. The initial meeting is an informal chat that will help you establish whether we’re the right financial planners for you. Always at our expense, we’ll have a conversation over a cup of tea or coffee to find out more about your aspirations, goals, and worries.
We offer two levels of service
Initial review & advice service
This service is designed to cater for clients who need us to provide a one-off review and subsequent advice which could relate to any of the following:- At the early stages of accumulating your wealth. You may need help with pension planning or starting to save for the future in a tax-efficient manner.
- You may have existing arrangements, and you are looking to formulate a more joined-up plan to make sure you are on track to be financially secure in retirement.
- Perhaps you are approaching or already in retirement, or you need more sophisticated advice e.g., Long-term care or estate planning.
Our minimum initial charges
- New pension and / or investment: £3,000
- Pension review service: £4,000
- Retirement or pension income advice: £4,000
- Pension annuity advice: Up to 3% of annuity value, subject to a minimum fee of £2,500
- Enterprise Investment Scheme or Venture Capital Trust: 2% of initial investment
- Estate planning (Business Relief): £4,000 plus 0.5% of initial investment
- Estate planning (trust planning): £4,000
Our minimum charges are time-based and reflect the complexity of the work involved. Additional work is time-costed and any additional time will be charged at £245 per hour. Any fee will be agreed with you in advance.
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
Ongoing review & financial planning service
It’s important to remember that financial planning is not a one-off task. Over time, your plans and ambitions will change, so will the wider world.This is why many clients choose to continue working with us on an ongoing basis. It ensures you remain on track and allows us to review your progress towards your goals.
For clients who opt for an ongoing service, we’ll meet at least annually to ensure their plan remains appropriate as their needs and circumstances change. You will also have access to your dedicated adviser throughout the year.
| Tier of assets under advice | Percentage ongoing charge |
| £0 – £1 million | 0.75%* |
| £1,000,001 – £2 million | 0.35% |
| More than £2 million | Fixed ongoing advice fee based upon the time it will take us to conduct
your review. |
* Subject to a minimum annual charge of £3,000. Our minimum annual charge is time-based and reflects the complexity of the work involved.
Ongoing fee examples
Example 1: Your investment value is £100,000, then 0.75% of £100,000 = £750. As our minimum ongoing fee for this service is £3,000, you would still need to pay us an additional £2,250 (£3,000 – £750 = £2,250).
Example 2: If your investment value is £1.2 million, then the charge will be calculated as follows: £1 million x 0.75% = £7,500 + £200,000 x 0.35% = £700. Total ongoing charge = £8,200.
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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