It was important my money matched my values, and Depledge made that possible
Clare Morgan
Our fees
Fair, transparent, and beneficial
There are a few things we stand firm on at Depledge when it comes to fees. It’s our belief that fees should be competitive, and explained clearly to clients, which is why, unlike many others, we publish ours on our website. But there’s something else worth bearing in mind.
Research by the International Longevity Centre found UK individuals who took financial advice between 2001 and 2006 were, on average, £47,706 wealthier after 10 years than those who didn’t. And beyond the monetary benefit of working with trained, experienced professionals instead of taking a DIY approach, there’s the peace of mind of knowing your finances are taken care of.
Initial charges
Your first meeting with us is at our expense, and comes with no obligation to proceed if you don’t feel we’re the right fit for you.
Once the scope of the work involved has been agreed, we will send a proposal detailing the work to be completed and the fixed cost involved.
Our current rates are as follows:
- Director: £255 per hour
- Research planner: £120 per hour
- Administrator: £80 per hour
What’s included:
- We spend time to truly understand the financial objectives you want to achieve
- Upon defining your objectives, we rigorously review your existing arrangements
- We communicate with existing product providers, ensuring responses are received
- We analyse how your existing arrangements will meet or create a shortfall in meeting your objectives
- We produce a financial plan to optimise your existing and if necessary building future resources.
- We provide specialist advice on any complex issues
- We are on hand to answer any queries you may have throughout the process.
Ongoing charges
With us, you can choose from two levels of ongoing service: advisory and wealth management. Each is designed to ensure the products we’ve put in place for you remain relevant to your circumstances, and to keep your financial plan under close review.
Ongoing charges explained
Service level
Annual fees
Examples
Advisory
On funds up to £250,000: 0.65% (subject to a minimum of £500 per annum)
On funds between £250,000 and £1 million: 0.50%
For a fund of £150,000, you’d be charged an annual fee of 0.65%, or £975 per year.
For a fund of £400,000, you’d be charged an annual fee of 0.50%, or £2,000 per year.
Wealth management
On funds between £1 million and £2 million: 0.40%
On funds of more than £2 million: 0.30%
Please note: For this service level, we’re also happy to discuss a flat fee arrangement as an alternative.
For a fund of £1 million, you’d be charged an annual fee of 0.40%, or £4,000 per year.
For a fund of £2 million, you’d be charged an annual fee of 0.30%, or £6,000 per year.
Breaking things down
The fees you pay to financial planners like us cover multiple aspects of investing your money. These include the platform fees as well as the costs of the underlying investments.
For a full breakdown, watch our short explainer video here.
Please note: Our charges/fees will be VAT exempt unless the work we provide for you only involves advice and/or preparing a report, in which case VAT may be applicable. We will always tell you if you have to pay VAT before we undertake any work for you. Charges for the ongoing service will not be liable to VAT (unless the initial service was liable to VAT) where both the initial and ongoing services are part of the same package.
Our clients speak
Every member of the Depledge team truly cares for our clients, but don’t just take our word for it. Here’s our feedback for all to see.
100
of clients were satisfied that we understood their needs, goals, aspirations, and objectives.
99.15
of clients believe that working with us has helped or will help them achieve their financial goals.
99.05
of clients who answered definitively would recommend us to their friends, family, or colleagues.
Rated and reviewed
VouchedFor is the UK’s leading independent review site for financial professionals. It makes us so proud to have hundreds of positive reviews from happy clients of all backgrounds. That’s a seal of approval that lets you know you can always count on us for sound, sensible advice.
