Investment Amount:

£1 - £250,000– 1.00% of amount invested
£250,000 + - Flat fee of £2,500
minimum Fee £350

We charge 1.00% of the amount you invest up to £250,000 at which point there is no further charge/the charge is capped.

Therefore the maximum initial fee is £2,500 which covers any initial investment/pension charge within a 12 months/ISA period.

There is a minimum fee of £350-

*note that Defined Benefit (Final Salary) Pension Transfers are charged at 1.5% and capped at £10,000.

Initial Fees Cover - Fact Finding; Selection of Appropriate Product, Provider, Risk Profile, Funds, Asset Allocation, Set up of Investment Strategy, Illustrations & Written Suitability Report

  • Initial Fees can either be taken from your investment upon receipt by the provider or paid directly by you.

  • If we take over the management of funds that you already have and there is, therefore, less initial work required (ie no transfer to a new provider) there would be a £350 charge for arranging the transfer to our agency and arranging an agreed investment plan.

  • We treat couples as a single entity.

  • Churning is an inappropriate process of moving client’s funds in order to attract new charges. We will only charge an initial fee once on monies that we look after for you. ie we will not charge you an initial fee (a second time) if it is necessary to move the funds to a new provider.

  • Where no ongoing service is required at outset the initial fee is increased by 1.5%, if an ongoing service is requested at the outset and cancelled within 3 years the balance outstanding of the initial fee that would have been charged will become payable. You may if you wish to leave the funds under Veracity Financial Planning Service Agency but we reserve the right to charge an admin fee for which we will charge you a fee of 0.20%/yr of the fund value to cover our ongoing online service, regulatory, insurance and administration costs.

*Cap on charges may not apply to more complex cases such as or Investments over £1m, where additional charges may need to be negotiated, indicated at 0.25% initial fee per excess over £1m or part thereof.

An example of initial fee in cash terms:

Example 1:
 if we arrange an investment on your behalf for £10,000 our implementation fee would be £350.

Example 2: if we arrange investments on your behalf totalling £75,000 our implementation fee would be £750. As this exceeds the ‘minimum fee’ no other charges would be applied.

Example 3: if we arrange investments on your behalf totalling £400,000 our implementation fee would be £2,500. As this is the maximum applied fee.

Individual advisers may have slightly different charging structures depending on how they work and how busy they are.  However, the above charging structure would be available from at least one adviser within the firm if requested.

Our Independent Financial Advisers are always happy to meet at our clients' preferred location and time and to have detailed initial discussions with no obligation.

Please contact us by calling 01949 836173 or email us on This email address is being protected from spambots. You need JavaScript enabled to view it.