What do you charge for using a Netwealth adviser?
The table below lays out the fees payable if you elect to receive advice relating to your investments from a qualified Netwealth adviser. Fees quoted are already inclusive of VAT.
| Description | Fee |
|---|---|
| One-off Advice | £125 per hour, subject to a minimum of £250 |
| Ongoing Advice | 0.2% per annum on the value of your Account |
Is there a charge when I change the risk level of my investments?
We think that investment objectives are best achieved through maintaining a long-term strategic asset allocation. If your objectives or preferences change you are able to change the risk level on your portfolio a maximum of two times per year. Any changes subsequent to that will be chargeable at 0.12% of the value of the investments to cover our additional trading costs.
Is there a charge to transfer in?
For ISAs and JISAs we will not charge you to transfer cash into a Netwealth account. However, your current provider may levy a fee to transfer out and you should check this with them.
Find out more about: transferring in ISAs, transferring in JISAs and transferring in Pensions
Is there a charge to receive a statement?
No. We will provide statements online via our website. If you require a paper statement you can request this by contacting us. We will not charge for this.
What do you charge for using a Netwealth adviser?
The table below lays out the fees payable if you elect to receive advice relating to your investments from a qualified Netwealth adviser. Fees quoted are already inclusive of VAT.
Are there any other charges that I need to be aware of?
There are other charges that may be applicable, depending on the services provided. Fees are inclusive of VAT.
| Description | Charge |
|---|---|
| Cash Withdrawal via CHAPS | £25 |
| Cash Withdrawal via BACS | £0 |
| Cash Transfer Charge (GIA, ISA, JISA) | £0 |
| In Specie Transfer Charge (GIA, ISA, JISA) | £20 |
| Account Closure | £0 |
| Change of Portfolio Risk Level* * For changes that exceed two times per year |
0.12% of Portfolio market value |
| Netwealth Personal Pension Charges | |
|---|---|
| Annual Charge | £150 |
| Income Drawdown Set-up Charge | £75 |
| Income Drawdown Annual Charge | £90 |
| Calculation of Pension Commencement Lump Sum (Tax Free Cash) | £150 |
| Calculation of Partial Uncrystallised Fund Pension Lump Sum | £225 |
| Capped Income Drawdown Annual Review | £75 |
| Annuity Purchase Charge | £150 |
| Single and Regular Contributions | £0 |
| Cash Transfers In | £0 |
| Cash Transfers Out | £150 |
| In-Specie Transfers In | £225 |
| In-Specie Transfers Out | £150 per hour |
