Other Fees

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
Investment 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