Fees
No hidden charges. No smoke and mirrors. See in full the fees that you’ll pay and learn precisely what services you’ll get in return.
THE POLARIS APPROACH
Here’s the approach we take to our service: we prosper as you prosper, and suffer when you suffer. In other words, giving you the best service possible is in our mutual best interests.
Investing can be one of the best ways to grow your wealth, but it comes with ups and downs. It’s important to understand that the only way to take full advantage of the potential returns on offer is by participating in the market’s temporary but inevitable declines.
During times of market uncertainty, in the vast majority of cases, it’s better to keep your money invested. Our job is to hold you accountable to the financial plans we’ve made together, and make sure you don’t cash out when times get tough.
In practice, our income diminishes in direct proportion to any investment loss you suffer. But this is a long-term relationship, and we’re happy to continue advising you to wait for the market to recover if it means helping you achieve your overall goals.
Discover what we charge for and how much it costs below.
Full financial plan: £2,000
Focused advice: £895
Most individual aspects of financial planning touch on other areas, so comprehensive financial planning is usually the best approach. Most of our clients take advantage of our full financial planning service.
In general, we’d discourage addressing a specific issue on its own. Where we are willing to provide focused advice, we charge a reduced fee.
1% of the first £500,000 invested
0.5% of the next £1,000,000 invested
0% on anything over £1,500,000 invested
Minimum annual charge: £500
We reserve the right to charge an increased implementation fee of up to an additional 1% capped at £5,000 for complex advice or advice involving non-standard or high risk investments. Examples include:
- Trusts
- Self-invested personal pensions (SIPPs)
- Small self-administered schemes (SSAS)
- Commercial property purchases via pensions
- Venture Capital Trusts (VCTs)
- Enterprise Investment Schemes (EIS)
- Business Relief (BR) schemes
Any additional fee will be agreed in writing before any work is undertaken.
Wealth management:
0.75% £0 – £1,000,000 invested
0.50% £1,000,000 – £2,000,000 invested
0.25% £2,000,000 – £3,000,000 invested
0.12% £3,000,000 – £4,000,000 invested
0.06% More than £4,000,000 invested
Minimum charge:
£3,000
Our wealth management service includes an annual planning meeting with your planner to keep your affairs up to date and ensure your plan is on track.
Asset management:
0.5% subject to a minimum of £500 per year
Our asset management service includes many of the features of our wealth management service, but without an annual face-to-face planning meeting. Instead, your planner reviews your plans remotely each year. If there’s a significant change in your circumstances, you’ll still be offered a comprehensive review of your affairs.
Whichever service level you use, our experts are on hand to help you at any point during the year. Get in touch if you’d like to learn more.
Contact us to learn about our hourly rates and transactional fees, and when these might apply.
MORTGAGE SUPPORT
In most cases, our mortgage fee is £325. It’s rarely more than that, and often less.
The charge applied will be based on your circumstances, and agreed up front before any chargeable work begins.
Speak to us if you’d like full details of our fees for mortgage support.
