Brightstock Financial Planning Services and Fees
- Creating your Financial Plan
- Implementation – Ongoing Services
- Implementation – Specialist Products
- Ongoing Financial Planning and Investment Advisory Service for Private Clients
- Ongoing Investment Advisory Service for Trustees
- Bespoke advice – hourly fee rates
Creating your Financial Plan
For clients working with us for first time, we will provide you with a fixed fee Financial Planning proposal.
Our fixed fee is calculated on the anticipated time required to create your Financial Plan which includes a review of your existing savings & investments, research, analysis and recommendations. The minimum fee is £2,500 and the maximum fee is £10,000.
There is no obligation to proceed with our recommendations, and in this eventuality we would invoice you the fixed fee, which will be subject to VAT.
Implementation – Ongoing Services
If you instruct us to proceed with the recommendations, we charge a 1% implementation fee based on the value of your investments/cash transferred to an agreed investment platform.
The cost of your Financial Plan (above) is included in the implementation fee. As an example, an investment of £500,000 would incur an implementation fee of £5,000 and no VAT is payable.
The implementation fee is capped at £20,000.
Implementation – Specialist Products
If we recommend specialist investment products, such as Venture Capital Trusts (VCT), Enterprise Investment Schemes (EIS) and Business Relief (BR) Schemes, our implementation fee is 3%. This is subject to a minimum fee of £3,000. There is no maximum fee. No VAT is payable.
Ongoing Financial Planning and Investment Advisory Service for Private Clients
This service includes ongoing financial planning and investment advice with periodical review meetings (at a minimum annually). The annualised fee is calculated as a % of the value of your investments on our Platforms, calculated and deducted monthly.
| Tier 1 | Tier 2 | Tier 3 | Tier 4 |
| Below £500,000 | £500,000 to £2,000,000 | £2,000,000 to £3,600,000 | £3,600,000 and above |
| 0.85% | 0.75% | 0.60% | 0.00% |
A sliding scale of fees applies, meaning that the relevant fee or fee percentage is applied progressively. For investments valued in excess of £3,600,000 our ongoing fee is capped at £25,100 per annum.
The minimum investment value is £250,000.
Ongoing Investment Advisory Service for Trustees
This service includes ongoing investment advice with periodical review meetings (at a minimum annually). The annualised fee is calculated as a % of the value of your investments on our Platforms, calculated and deducted monthly.
| Tier 1 | Tier 2 | Tier 3 | Tier 4 |
| Below £250,000 | £250,000 to £500,000 | £500,000 to £1,750,000 | £1,750,000 and above |
| 0.85% | 0.70% | 0.50% | 0.00% |
A sliding scale of fees applies, meaning that the relevant fee or fee percentage is applied progressively. For investments valued in excess of £1,750,000 our ongoing fee is capped at £10,125 per annum.
The minimum investment value is £250,000.
Bespoke advice – hourly fee rates
In scenarios where a fixed fee or ongoing fee would be inappropriate, we will work on an hourly fee basis. For example, dealing with Executors of an existing client’s estate. Our hourly fee rates are as follows (and are subject to VAT).
We would, in advance, obtain your instruction to undertake a piece of work on an hourly fee basis and provide you with an estimate of the total cost. In the event that the total costs incurred are likely to exceed the estimate, we would seek your instruction to continue.
