How we charge
Not many financial advisers publish their fees on their websites. We do, because we believe in being transparent about how we charge for the work we do.
We also completely believe in the value we provide to our clients. In fact, research published by the International Longevity Centre UK (ILC) shows that those who receive professional financial advice boost their wealth by an average of £47,000*
Our clients have also told us how much they appreciate our advice and guidance – just take a look at their testimonials below.
We can offer a planning only service, without the requirement to take ongoing advice. However, we can provide the best value to those clients who choose to work with us over the long term.
* ILC Report: Peace of mind: Understanding the non-financial value of financial advice, written 16/11/2020.
Below are details of how we charge for each step of your journey with us:
1. Discover
The first step is to find out how your journey might look! We’ll discuss your financial objectives and goals, uncovering your priorities and timelines for achieving them. Where we are considering your investment needs, we’ll discuss your attitude and experience of investing, as well as the level of risk you can afford to take.
Our charges
There is no charge to you for this step of your journey. All of the time we invest at the ‘discover’ stage is entirely at our expense.
2. Research & advice
With the information we have obtained from the ‘discover’ stage, we will create a plan which aims to achieve your financial goals. We’ll investigate which products will be most suitable for your needs. At this point, we will agree on the initial and ongoing fees required to deliver your plan.
Our charges
Investments and Pensions, Option 1: A percentage(%) of the amount invested. Please note that tese are maximums for each tier, which means actual charges will be case dependent and probably lower.
£0 -> £250,000: 3% Maximum charge £7,500
£250,001 -> £500,000: 2% Maximum charge £5,000
£500,001 -> £750,000: 1% Maximum charge £2,500
£750,001 -> £1,000,000: 1% Maximum charge £2,500
Over £1,000,000: 0% Maximum charge £0
The overall charge in this example would be £17,500 and assumes the maximum charge has been applied to each tier.
Investments and Pensions, Option 2: Per hour. We will provide you with a bespoke estimate of the time required before we commence any work and will not charge for any further work unless agreed with you. Typically, the charge is £250 per hour, (no VAT when we act as an intermediary between a client and a product provider).
The time taken to undertake the work will depend on the complexity of the matter. For instance, a single ISA recommendation will typically take 4 hours and an IHT solution involving several recommendations will typically take 20 hours.
Investments and Pensions, Option 3: Fixed charge. We will confirm the fee amount once we have scoped the task and amount of work due.
Mortgages
There is no charge to you for this step of your journey. All of the time we invest up to this point is entirely at our expense.
Equity Release Mortgages
There is no charge to you for this step of your journey. All of the time we invest up to this point is entirely at our expense.
3. Implementation
We recommend and implement your strategy after explaining it to you. We will assist in the completion of any relevant paperwork, ensuring the documentation is processed as quickly and efficiently as possible.
Our charges
Investments and Pensions
There is no charge to you for this step of your journey. All of the time we invest at this stage is entirely at our expense.
Mortgages
There is no charge to you for this step of your journey, but we do charge a minimum of £800 when you receive your mortgage offer. Our minimum total earnings must be £1,500, some of which we will receive from the mortgage lender. You will be notified of this when we provide you with the mortgage illustration from the recommended lender.
For difficult mortgages or ones with poor credit, please speak to us for a bespoke quote.
Equity Release Mortgages
There is no charge to you for this step of your journey, but we do charge a minimum of £1,000 when you receive your mortgage offer. Our minimum total earnings must be £1,500, some of which we will receive from the mortgage lender. You will be notified of this when we provide you with the mortgage illustration from the recommended lender.
4. Ongoing service
We build long-lasting trusted business relationships with all of our clients. Whilst optional, we recommend that you continue to work with us to review your investment and pension planning on a regular basis, to ensure that they match your changing goals and objectives.
Our charges
Investments and Pensions
We will charge you a percentage of your total funds under management. This will be up to a maximum of 1% per annum. These fees can be paid to us by you or will be deducted from your investment by the product provider and paid to our network, 2plan wealth management.
Mortgages
There is no ongoing fee paid to us.
Equity Release Mortgages
There is no ongoing fee paid to us.
Please note that we do not charge VAT for our services where we act as an intermediary between you and a product provider.
Fee Examples
If you would like to find out how we can help you to plan for today, tomorrow and the unexpected, why not get in touch?
Helping you plan for today, tomorrow and the unexpected
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Mark very quickly ascertained what was required for us and our financial status. He listens to you and is easy to talk to. His expertise gives you confidence you are in good hands. We required Equity Release. Mark soon found and organised a product that fitted the bill. He helped us at every step, and left nothing to chance. Excellent service. We will be using his services again next year for other financial matters.
My husband and I have used Mark Bastable at Templegate Financial Planning for over 16 years, beginning when we started a family. We have benefitted from advice and assistance in remortgaging, life insurance, critical illness cover, and setting up trusts. Mark's advice is always balanced and helpful, and we will continue to use him.
Mark has advised and provided financial support to me and my wife for many years. He has advised us about pensions, life cover, critical illness cover, stocks and shares, savings advise and income protection. Our latest and very important financial advice has been on my pension drawdown which Mark has handled with the upmost professionalism and now I find that I am in a comfortable position. He has talked us through the pros and cons of any decision that we have made and always thoroughly researches the best outcomes for us. We have found him to be very knowledgeable, highly qualified, and reasonably priced for his services that he has offered us and would not hesitate to recommend him to our family and friends. Undoubtedly, we would not have the safe financial future that we now have without his significant financial advice.
Mark has been our trusted adviser for many years and we have no hesitation in recommending him. Following his advice, we have moved our ISA portfolio to a different provider to get a better deal and bought into AIM shares to reduce our IHT liability.
My wife and I met Mark through a recommendation which came highly and didn’t disappoint. He went through our investments and finances in detail and helped us to understand so much more of what we had, our potential liabilities (present and future) and offered rounded and balanced advice. He highlighted and explained issues we would never have previously been aware of, whilst offering various solutions throughout. We both sort of shut down when talking financial planning, but Mark managed to keep it clear, fresh and understandable. He was also adept at recognising when our brains had reached their limits. His knowledge is extensive and thorough, as he helped us with ISAs, property, IHT and more. He also has a range of professional contacts who can advise more on subjects not covered by his expertise. Mark is a very professional, helpful, and likeable guy who has proved to us his integrity and desire to help is his overriding raison d’être.
Mark has assisted with our pension investments for a number of years now and we're always reassured that we're in safe hands! In the ever-changing world of pensions, regulations, market fluctuations etc., we value his advice and expertise in ensuring our money remains safe whilst making some growth based on our attitude to risk and future goals. We wouldn't hesitate in recommending Mark to friends and family.
Mark provided advice during a recent redundancy. He helped me to estimate my current and future financial needs, then presented solutions that provided me with income and security. His clear and pragmatic advice helped me through a challenging situation.
Mark is very good at presenting advice in a way which is easily understood, using visual aids to support this. He is very knowledgeable, friendly, and takes time to explain things, giving plenty of opportunities to ask questions to ensure I understand.
We were looking to do Equity Release initially, this requiring specialist advice. As we were progressing with this process, we realised that Mark could offer us professional advice in other financial areas. Mark was able to guide us through the Equity Release process with success. I have just bought a lifetime annuity with Mark’s help. He explained everything simply but thoroughly, handled all the forms and “bumpf”, and was able to get me a good deal. Along the way he has given us ideas as to investments and savings which we will action in the future with his help. We had an excellent result re the Equity Release, and I am very happy with the pension deal. Nothing. He knows his stuff.
I have found Mark at Templegate to be open, honest and really helpful. Mark has provided pension and ISA advice primarily although our informal discussions have included tax and wider investment choices. I’m looking forward to working with Mark over the coming years. He has been clear and open regarding fees and products and flexible around meetings either in person or over the phone.
My wife and I had reached a certain age and were at a point in life when we felt we needed a guiding hand to manage the financial options for our future. Mark gave us candid advice in a simple and straightforward manner that we could understand. It helped us make the decisions we had long been postponing, for which we were extremely grateful.
