What Fees will I pay?
We offer a free initial consultation which will allow us to discuss your financial requirements and objectives with you and tell you our thoughts on the areas of financial planning you should be addressing. If you do require advice and agree for us to act as your adviser then our fee structure would be agreed upon beforehand.
Meridian Financial Management have a transparent and competitive fee structure meaning you will know exactly what your charges will be and you are not tied in to high charges if you decide to not proceed with advice.
Our charges are split into two parts:
When we agree to write a formal report for you giving an exact recommendation on your financial planning you will be required to sign to agree to us doing so and a report fee will be agreed. This fee is not required upfront and if you proceed with advice this fee will usually be removed. The report fee is there to remunerate us for our time if you decide to not proceed with our advice or if no financial planning is required.
A typical financial planning report covering existing client policies and new investment capital would have a report fee of £499 applicable.
Please refer to our Client Services Proposition for full information on our Report Fees.
Our Report fees are not payable upfront and are usually not payable if you proceed with our advice.
No report fee is payable for Protection/Insurance Advice.
Our competitive implementation fees are designed to provide a fair charging structure and give you value for money on our advice with discounts based on scale.
A transparent and clear charging structure is in place for our services ensuring you know exactly what fees will apply to the advice you obtain. A tiered charging structure is applied to transfers and new investment capital, with a different charging structure applied to more specific services.
Ongoing Service Fees
It is your decision whether you have us providing an ongoing service to you, managing your investments actively to help ensure they grow effectively and meet your requirements.
If you decide to enter an ongoing relationship with Meridian Financial Management and appoint us to provide ongoing active management, then we would charge an annual percentage. For more information on our ongoing service fees please refer to our Client Services Proposition or contact us and we will provide you with further information.
Please Note that the above fee structure is based on our current client services proposition and may be subject to change in future. Full information on our fees and services can be provided on request.