How much should financial guidance cost?

In VouchedFor’s latest guide, distributed by The Times on 24^th March 2019, average total charges are quoted relating to initial and ongoing percentage fees and fixed fee structures. These produce an average cost of £6,079 for an investment of £100,000 over 5 years. For the same work, Depledge Strategic Wealth Management would charge £4,250 on average.

Advice on a pension pot of £250,000 would typically cost £13,925 over 5 years, including initial and ongoing fees. A similar service from Depledge would cost £7,750. This is based on an initial charge of £1,500  (representing an initial fee charge of 0.6%)  plus and annual ongoing charge of 0.5% (£1,250 pa). The average initial fee submitted to the VouchedFor site is 1.74%

Firms that charge less than this are well reviewed, too. Depledge Strategic Wealth Management is awarded 4.9 out of 5, for example.

For Independent Financial Advice from a Chartered Financial Planning firm, look no further than Depledge to provide expert advice and attentive service for a competitive fee.