Fee Based Service

We believe that the reason you value an independent financial adviser is the confidence that the advice you receive is unbiased by the choice of product provider or even whether a product is needed.

At Davisons Financial Planning we have chosen to build that principle into how we get paid so that it is clear throughout that we work for you rather than any investment, insurance or pension company.

Our fees based proposition recognizes that first and foremost you are paying for our time and expertise and that we are as happy to advise you about all of your arrangements and not just those capable of paying commission.

Our proposition is consistent across all types of planning and investment products and completely neutral in respect of the product or provider.

We also have purely fee based options for mortgage and insurance services.

Summary of Charges for Davisons Financial Planning Ltd

Initial services for Protection, Retirement, Investment and Financial Planning Services

Director/specialist advice	£98 per hour	+	Percentage charge on your transaction
Investment advice	£88 per hour		£1- £100000	1.5 %	min £200 max £1500
Paraplanning	£70 per hour		£100001 – £350000	1.25 %	min £1500 max £4375
Administration	£35 per hour		£350001+	1%	min £4375 max £7500

Ongoing services for Protection, Retirement, Investment and Financial Planning Services

Ongoing Services paid by fee equal to 0.5% of funds under management usually recoverable from trail commission.

Band	Funds	Services included within band (note provider charges may still apply to transactions
A	£10,000 to £74,999	Maintenance of your records and telephone/email support as required Provision a valuation of your investments – on request not less than every 12 months Offer of annual meeting to discuss portfolio performance and financial needs
B	£75,000 to £199,999	Provision a valuation of your investments – on request not less than every 6 months Opportunity to rebalance your portfolio to your original investment strategy where that strategy remains appropriate
C	£200,000 to £349,999	Offer of twice yearly review meetings with your adviser Provision a valuation of your investments – on request not less than every 3 months Opportunity to rebalance your portfolio to your original or a revised investment strategy Review of your existing funds and advice to switch to new funds if appropriate
D	£350,000 to £549,000	Offer of twice yearly review meetings with your adviser Provision a valuation of your investments – on request not less than every 3 months Opportunity to rebalance your portfolio to your original or a revised investment strategy Review of your existing funds and advice to switch to new funds if appropriate Advice without charge to make transactions to utilise annual ISA and/or capital gains tax allowances Financial review to include appraisal of financial objectives and targets
E	£550,000 plus	Offer of twice yearly review meetings with your adviser Provision a valuation of your investments – on request not less than every 3 months Opportunity to rebalance your portfolio to your original or a revised investment strategy Review of your existing funds and advice to switch to new funds if appropriate Any appropriate advice free of further advice charges relating the funds under management including use of new products

Non-advised, pension, protection and investment services

A charge of 2.5% of the investment amount plus 0.5% of the fund value ongoing. Usually covered by commissions

Insurance Advice

In most cases no fee would be charged as this will be covered by commission from the insurer. This is subject to a minimum charge of £299 for policies put in force.

Mortgage Advice

A fee of 0.4% of the loan advance subject to a minimum charge of £350. The minimum fee is also due where proposed transactions are cancelled after application. For more complex Insurance or Mortgage cases an hourly rate may be charged as detailed above.