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How we are paid

There are potentially two types of initial costs with any advice that we provide. These are firstly, the cost of our advice and secondly, the cost to implement the advice.

How we are paid

Our fees are split into two main areas:

1. The initial cost of advice, including setting up any solutions recommended.

2. The ongoing fees and charges to service and manage any recommendations.

1. Initial costs

There are potentially two types of initial costs with any advice that we provide. These are firstly, the cost of our advice and secondly, the cost to implement the advice. 

Cost of advice

This will vary depending on the complexity and type of advice being offered. This will of course be discussed and agreed with you prior to commencing any chargeable work on your behalf. Please see our Tariff of Fees.

Implementation of advice – lump sum business and business that is transferred

The cost to implement our advice will be dependent on the amount of investable assets available as detailed in the table below:

Investable Assets  Percentage Fee
£0 to £99,999  4%
£100,000 to £349,999     3%
£350,000 to £499,999    2%
£500,000 to £999,999 1%
£1M +   Bespoke terms

Examples of our Implementation of advice fee in monetary terms:

Investable Assets Fee
£0 to £99,999  4%

Example Fee 4%

If you provide a lump sum of £50,000 our fee will be £2,000, that amount will be deducted before the remaining £48,000 is invested. The £2,000 is paid to us  by the provider as our fee.

Investable Assets Fee
£350,000 to £499,000  2%

Example Fee 2%

If you provide a lump sum of £400,000 our fee will be £8,000, that amount will be deducted before the remaining £392,000 is invested. The £8,000 is paid to us by the provider as our fee.

Paying by fee

It is our normal company policy to be remunerated for our investment advice by way of a separate cheque, payable to our firm.

Paying by fee by way of deduction from the investment

It is possible for you to agree to pay for our advice by way of a deduction of our fee from the investment amount sent to a fund manager or provider prior to its investment. Moneyweb Limited is currently a VAT exempt company, and therefore there is no VAT chargeable at this stage on our service charges.

If this should change in the future we will notify you in writing.

Loyalty implementation fees for existing clients

We are striving to develop lifetime client relationships and so if an existing Evolution client wishes to invest further monies with us after a 12 month period of being a client, we offer a loyalty rate for the additional invested monies as shown in the table below. This is at a rate reduction of 50% off our normal rate structure; a thank you to our existing clients for their continued loyalty. 

Investable Assets Percentage Fee
£0 to £99,999  2%
£100,000 to £349,999 1.5%
£350,000 to £499,999 1%
£500,000 to £999,999  0.5%
£1M +   Bespoke terms

Example of Loyalty implementation fees for existing clients in monetary terms:

Investable Assets Fee
£100,000 to £349,000   1%

Example Fee 1%

If you have £100,000 of assets under management our fee would be £1,000.

Investable Assets Fee
£350,000 to £499,000   0.8%

Example Fee of 0.80%

If you have £350,000 of assets under management our fee would be £2,800.

2. Ongoing Fees

The ongoing costs that apply to our Evolution proposition are charged at a percentage of the value of assets under advice as detailed in the table below:

Investable Assets Percentage Fee
£0 to £99,999 
(Subject to a minimum of £600)
1.20%
£100,000 to £349,999 1.00%
£350,000 to £499,999 0.80%
£500,000 to £999,999  0.60%
£1M +   Bespoke terms

The charges are calculated once a year at your agreed annual review date and are based on the value of your investable assets at that time.

Examples of our Ongoing fees in monetary terms:

Investable Assets Percentage Fee
£0 to £99,999 1.20%

Example 1.20% Fee

If you have £50,000 of assets under management our fee would be £600

Investable Assets Percentage Fee
£350,000 to £499,000 0.80%

Example 0.80% Fee

If you have £350,000 of assets under management our fee would be £2,800.

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