Our fees
We provide significant value and exceptional service with simple, clear and transparent fees tailored to your individual needs.
How we work
Remarkable value and service
While we would love to quote our precise fees here, because we have a range of services personalised to your needs, that’s not possible.
However, no one likes surprises. So we will explain the approximate cost of our services. After our initial introductory meeting, which is held at our expense, we’ll provide you with a full breakdown of our fees. That means you will know exactly what you will pay if we choose to work with each other.
The only thing below average about Henwood Court is their fees. Having moved from my previous wealth manager to Henwood Court, I benefited from my fees dropping and the services massively improving. The value is much better. They have guided me towards financial freedom, ensuring I have enough and keeping my plan on track. You cannot compare them to my previous advisers, what we get is so much more and so much better. They’re not the best at what they do, they’re the only ones that do what they do.
Dean Harper
Business Owner
Our Fees
Our Value Guarantee
We provide great advice, outstanding service, care and attention that results in far more value than typical advisory and wealth management fees deliver.
However, we understand that engaging with a financial planner, especially if it’s your first time, can make some people nervous. So, we want to make it easy for you.
Our Value Guarantee means that after six months, if you do not feel that you have received value above the fees paid, we will offer a full refund of the ongoing advice fees you have paid, and we will part as friends.
This excludes the value of any implementation fees paid or costs incurred from the parties, such as fund managers or investment platforms.
Our fees
Our ongoing fees
Our service is far from average. We are confident that we provide a significantly more comprehensive service than the average advisory firm and that we give more for less. That’s our Value Guarantee.
Financial plan
We charge a flat fee, which starts at £2,000. It is personally costed according to your needs and complexity.
This includes:
- All new clients are taken through our comprehensive Financialsense® Discovery Programme. This is unique to us and designed to provide our clients with immense value.
- We spend around 30 to 40 hours getting to know you and creating your financial life plan.
Any fees are currently VAT exempt.
Implementation
We typically charge 1% of the amount invested.
This includes:
- Rearranging investments or pensions
- Research
- Written recommendations
- Arrangement
- Administration
For example, if you invested £500,000, we would charge you £5,000.
If you would like to switch or consolidate some of your existing pension or personal investments to an alternative provider, we charge 1.5% of the level of funds rearranged, subject to a minimum fee of £1,500.
For example, if you invested £500,000, we would charge you £7,500.
Any fees are currently VAT exempt.
Ongoing planning
Our ongoing advice and service fee is 1% of assets under management each year (subject to a minimum annual fee dependent on the service selected) and is tapered down as your assets under management increase.
This includes:
- Annual reviews to keep you focused on meeting your goals and objectives
- Continued advice on wealth management matters.
- Working with your trusted professionals.
For example, if you had £500,000 of assets under management, we would charge you £5,000 per year.
Any fees are currently VAT exempt.
In our recent survey of financial planning clients, we received the following feedback…
89
%
of respondents were very satisfied with the service and advice they received
95
%
believe that working with us has helped them achieve their financial goals
94
%
were happy with the communication we made between meetings.
*of the 65 who responded to the survey of 205 financial planning client families.
Client stories
Let our clients do the talking
We didn’t get here by accident. We had help from Henwood. We feel incredibly lucky and fortunate to have this time.
If I was to have planned what I would want from a service, Nick and his team have ticked every box.
We can rest assured that the decisions we are making are good ones and that our family and children are going to be looked after.
We’re heading in a much better direction than we’d ever get to with another financial adviser. It’s not too strong to say it has changed our lives.
A business owner should engage with a financial planner at the earliest opportunity so they build up a relationship and have a support network behind them.
Some of the questions Nick was asking us were much broader than just looking at finances, he was looking at lifestyle choices.
Henwood really has helped us to live the life we want. All the staff know us and give us a warm welcome whenever we go there and I trust the whole team for their knowledge.
All the people we deal with make you feel like you’re the only person they deal with. They’re very individual in the way they handle your issues.
I’ve been impressed by the way Nick has chosen to work with a select number of higher value clients, which means the business can deliver a highly personal service.
One of our friends had recommended Henwood and we were immediately impressed.
We always get the impression that the whole team at Henwood have our best interests at heart and are focused on what we want to do, rather than pushing products and services.
I felt an instantaneous connection with Henwood and the way they operate their business. They have a totally customer-centric and relationship-based approach.
