Our unique combination of financial and legal services...

Our Asset Management services:

Fees and Custody

We have always believed it is important to be open about the fees we charge.

In the post-MifiD II era of greater and welcome transparency, an awareness of costs will become a key differentiator for investors and advisers choosing an asset manager. Too often they can find themselves paying for poor investment performance and sub-standard service. We’re conscious of costs and their impact on the discerning investor, making sure that we always add value.

Fee / Charge Type Amount
Management fees Annual management charge fee only. All fees are plus VAT. Min fee: £1000 (based on 1% of £100k)

First £1 million of portfolio value 1% pa

Next £1 million of portfolio value 0.75% pa

Next £3 million of portfolio value 0.5% pa

Balance of portfolio over £5 million 0.35% pa

Examples of how our charges could apply:

  • For a fund of £100,000, our fee would be 1% of £100,000 = £1,000
  • For a fund of £2,000,000, our fee would be 1% on first £1 million plus 0.75% on next £1 million = £17,500
  • For a fund of £5,000,000, our fee would be 1% on the first £1 million then 0.75% on the next £1 million and 0.5% on the next £3 million = £32,500
Custody and administration fees These are included in our annual management charge
Dealing costs Stamp duty/PTM Levy: UK equity purchases 0.5% where applicable

1% on Irish registered stock traded on the London Stock Exchange

The Panel of Takeovers and Mergers levy is currently £1 on all equity transactions of £10,000-£14,999 and £1.50 on equity transactions of £15,000 or over.

Other charges Transfer out fee £5 per line of stock

Custody of your Money

In the course of managing your investments, we do not hold your cash or assets directly. We have made arrangements with a number of third parties who will take custody of your assets and provide the dealing and related settlement services, unless your financial adviser has arranged for us to manage your portfolio on a platform.

Your cash or assets will be held on your behalf by the following third parties:

  • Winterflood Business Services
  • Old Mutual Wealth
  • Standard Life/Elevate
  • Transact
  • Ascentric
  • Novia

If you would like more detail on this, please get in touch.