Our costs

At Balance Financial Planning, our commitment to transparency extends to our cost structure.

Our initial consultation and discovery sessions are free. If you decide not to proceed beyond this stage, then there is no fee to be paid.

Initial Services

For our initial services, we employ a tiered structure that recognises the increasing complexity associated with higher asset values. The rates cover our costs associated with research and analysis, recommendation, and implementation stages of our advice process – essentially, every aspect required to set up your personalised financial plan and start it working for you.

These one-time costs are based upon value of investment:

3% for up to the first £100,000 – (i.e. from £1 to £100,000)

2% for the next £150,000 – (£100,001 to £250,000)

1% for the following £250,000 – (£250,001 to £500,000)

0.5% for the subsequent £500,000 – (£500,001 to £1,000,000)

0.25% for any investments value above £1 million

We have a minimum fee of £750 and a capped maximum charge of £12,000.
As wealth often correlates with increased financial intricacies, our tiered approach ensures fair and tailored pricing.

Ongoing services

Your financial well-being requires more than a one-time consultation. We understand that life is dynamic, and so are your financial needs. Our ongoing service splits into three levels, each suited to clients differing needs. Depending on service level, you can receive continuous support, guidance, and proactive management, ensuring that your financial plan evolves with you. From regular reviews and strategic adjustments to addressing life’s changes, we are committed to being your partner on the journey to financial contentment. Enjoy the peace of mind that comes with a financial advisory service tailored to your ongoing needs, empowering you to navigate life’s financial complexities with confidence.

At Balance Financial Planning our three distinct ongoing service levels are: Lite, Core, and Advanced

Lite

Lite, priced at £250 per year, provides basic setup with investment portal access and annual statements. However, it excludes an annual review of circumstances, making it suitable for those seeking a very straightforward savings or investment approach.

Core

Our Core service costs 0.75% per year of assets under management. This level includes a comprehensive package with ongoing access to financial advice, plus an annual review of current financial circumstances and forward-looking plan. We consider the impact of government budgets, tax changes, as well as overall investment strategy in line with risk appetite. The core offering is suitable for those wanting a more hands on approach.

Advanced

Advanced is our most comprehensive service, encompassing all features of Lite and Core, adding annual cashflow planning and scenario stress testing.
This highly valuable method of forecasting demonstrates how your actions of today, are likely to impact your future wealth. Geared toward individuals with investments over £150,000 or those with retirement planning objectives, our Advanced service costs 1% of investments under management per year.

If you’re considering financial advice for the first time, it’s unlikely you have experienced the value personalised professional advice can have on your investments, and the positive impact on your financial well-being.

Please contact us and we can talk through what we do and how it can add value to your financial situation.

Free of charge initial consultation

To find out how we can help, please get in touch to arrange an initial chat.

Our costs​