The power of Sandringham in your corner
We’re firm believers in the life-changing impact great advice can have – helping you make financial decisions that you may not have the expertise or confidence to do alone.
Paying experts to provide a professional service is like visiting your dentist, getting a plumber or electrician, it’s about meeting your needs today and in the future with a little expert help.
Perhaps the best way to look at it is the value it can bring, for example, a well-constructed and thought-through estate plan could save your loved ones from a big Inheritance Tax bill, or a savvy investment strategy could make your savings work harder for you. It’s all about helping to maximise what you get in return so you can live the life you want.
What you pay for financial advice will vary depending on the adviser you choose. Generally, the initial advice charge can range from anything from 1% to 3% of the investment you make and will depend on what you invest in and the amount invested.
When you invest in financial advice, you’ll be investing in:
With some advisers, their charges may be tiered and reduce the more you invest. Your adviser will talk you through the advice charges that would apply to you and make sure you’re comfortable before going ahead with anything.
That’s:
A. For the first £50,000 – a 3% advice rate, which is £1,500.
B. For the next £50,000 – a 2.5% advice rate, which is £1,250.
C. For the next £150,000 – a 2% advice rate, which is £3,000.
D. For the remaining £50,000 – a 1.5% advice rate, which is £750.
The rate would be deducted from the amount you invest.
The remaining £293,500 would be put to work for your future, to reflect your financial plan.
Research shows that investing in advice pays off.
*The ICL-UK (International Longevity Centre – UK) has shown that on average, people who take advice increase their wealth by a staggering £47,000 over ten years.
Advice isn’t just about numbers, it’s a feeling too. The confidence of a professional plan, or the peace of mind you get from working with experts.
Our experienced advisers keep up-to-date with industry changes and regulations. So, they’re dedicated to making you aware of anything that might affect you and your plans, for example, changes to tax limits or rules about passing on your legacy.
Tax will depend on your circumstances and the options you choose. Tax rules can also change in the future.
*ILC-UK, (International Longevity Centre – UK) ‘The value of advice’ report, 2017. The research explored the impact of financial advice between 2001-2006 on financial outcomes in 2014-2016. Due to the fact this study was carried out over such a long period, it is the latest data available.
Find an adviser in your area and get the conversation started
Suite 15
The Media Centre
7 Northumberland Street
Huddersfield
HD1 1RL
Sandringham Financial Partners Ltd (‘Sandringham’) is authorised and regulated by the Financial Conduct Authority. FCA Number: 581304. Registered Office: Suite 15, The Media Centre, 7 Northumberland Street, Huddersfield, HD1 1RL. Registered in England and Wales No: 08022795. VAT Registered: 235 3237 81. Sandringham Financial Partners Ltd is a wholly owned subsidiary of M&G plc (Registered Number 11444019).
