• rockwealth ifa

    Not all firms charge for their services in the same way.

    We offer a variety of payment methods by which we can be remunerated so that you can select the method that best suits your needs.

    LEARN MORE


Advice

Our fees are based upon the time required to provide the advice and service to you, the level of expertise and responsibility involved supporting the advice you receive.

Our advice process is made up of clear steps, mirrored in our fee structure, to ensure complete transparency and objectivity at every stage of our on-going relationship with you. To reinforce that transparency, we are committed to a fee-paying advice model. That means you will always know what our service will cost you.

We will not charge you anything until we have agreed how you choose to pay us.


Background

“We have known Mark for almost ten years.  He is a caring and attentive person, always willing to challenge and encourage us: we really could not wish for better individual and professional support.

He has guided us very successfully in the management of three Trusts we set up for our family and helped transition our wider financial affairs from a position of complexity and excessive costs to one of elegant simplicity and much lower associated costs. This has given us both much valued peace of mind and confidence in the future for us and our family.”

Keith and Heather Tarling

PROCESS & FEES:

1. Initial Discovery

We offer an initial discovery consultation free of charge.

PROCESS & FEES:

2. Research & Recommendation

Your fee for this service is a fixed minimum of £1,500.

This is due on delivery of your Financial MasterPlan, containing our recommendations for you on the matter in hand. For more complicated advice, we reserve the right to charge a higher fee agreed with you in advance.

PROCESS & FEES:

3. Policy & Implementation

We work on a fixed fee basis subject to a minimum of £1,500.

We will not exceed our fixed fees without telling you first.

PROCESS & FEES:

4. Ongoing Service

At RockWealth LLP we foster and develop long-standing, collaborative relationships with our clients. This involves regularly reviewing your financial plans, and evolving and sustaining your strategies in response to on-going legal and fiscal changes.

We will agree separately the level of on-going services at the time of, or prior to, making our recommendation(s) to you. Typically, our costs are 0.75% per annum subject to a £1,875 per annum minimum and are based on the value of your investment(s) at each 12-month anniversary, and are paid pro-rata in arrears.

 

The amount you pay will fluctuate with the value of your investment; if your investment increases in value the amount you pay us will also increase and if your investment falls in value the amount you pay us will reduce.  Any change to the level of services throughout this agreement will result in a pro-rata charge being applied.

RockWealth also offer a fixed fee for our ongoing service which may prove more cost effective for you than our standard charging model.

Should you decide to cancel our agreement to provide on-going services you must provide written confirmation of your decision and we will cease your payments for these services within 7 business days and after collection of any due proportion of any period charges.

All charges listed above can be deducted from your investments or paid directly by you. You should note that when paid through the investments it may reduce your personal tax thresholds and/or exemption levels.  Where this happens we will discuss it with you and confirm it in your suitability report.

financial advice

Compare us with other IFAs and wealth managers

We are sometimes asked how our fees compare with those of our competitors. We expect neither to be the cheapest nor the most expensive.

For example if we charged an implementation fee of £2,500 we would expect to be cheaper than many of our peers if they charge 3% for an investment of £83,334 or more.

Many IFAs and restricted advisers do not charge separately for the advice and implementation, but bundle the price together which you only pay if you buy an investment, pension or protection product. Only you can decide if this is truly independent advice and right for you.

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