Our Fee Philosophy

When deciding our fee structure, we wanted to be able to return the trust shown in us by our clients; we wanted to be able to show we were consistently adding value and we wanted to be totally transparent.

Most clients use our Wealth Management Solution, an on-going service that includes portfolio recommendations, tax and estate planning and more general financial planning. The minimum investment is £300,000.

There is no up-front charge for this service, just an ongoing fee as detailed below. This basis of charging means we are better aligned with our clients - we both need the relationship to work for it to be profitable. If a client feels we are no longer adding value they can terminate the arrangement by simply giving one month's notice - there are no hidden exit or termination fees.

The lack of an initial fee combined with our use of low-cost passive funds and finely-priced platforms means the total cost of investing with Chadwicks is exceptionally competitive.

For clients who do not want an ongoing relationship or who are looking for advice around a specific issue we will quote a fixed fee before starting work.

Occasionally, we charge our hourly rate.

Our fees

Wealth Management

  • Initial portfolio set-up fee - nil
  • Ongoing annual fee
Portfolio value Annual fee (payable monthly)
Less than £300,000 £3,000 fixed fee
£300,000 - £1m 1% of assets under advice
£1m - £2m 0.5% of assets under advice
£2m + 0.3% of assets under advice

The fee is payable on the value of each tranche, so a client with a portfolio of £1.5m would pay £12,500 p.a.

What’s included:

  • Initial financial planning report
  • Individually tailored portfolio
  • Fund recommendations
  • Basic tax and trust advice and recommendations
  • Setting up portfolio, including realising or re-registering existing investments
  • Ongoing portfolio monitoring, valuations and recommendations
  • Provision of tax statements where appropriate
  • Meetings as required
  • Annual update report

And what’s not included:

  • Corporate advice - we will usually quote a fixed fee for a specific project
  • Flexible Access Drawdown – an additional fee of 1% of pension fund value is made on entry to FAD
  • SIPP Property purchase – charged at our hourly rate
  • Complex tax and trust advice and recommendations – charged at our hourly rate
  • Implementation of non-investment recommendations (i.e. protection policies)
  • Transfers from defined benefit schemes - reflecting the complex and irreversible nature of advice in this area we make an initial review charge of £2,750 for an assessment. Where our advice is to transfer our fee for completing the transaction is 1% of the transfer value, capped at £8,000.

Hourly Rates

Director £275/hour
Chartered Wealth Manager £200/hour
Financial Planner/Wealth Manager £150/hour
Administration £40/hour

Learn more about our approach to wealth management...

Our Investment Philosophy

An intelligent approach to investing.

Our Socially Responsible Investment Philosophy

A balanced approach to SRI that retains robust risk controls.

Our Risk Philosophy

Managing risk effectively.

Our Fee Philosophy

Our fees are fair and transparent.