Fair and transparent charges – TEST

We want to make it easier for everyone to take the path to financial security, and the key to this is fair and transparent costs.

With this in mind, we’ve set out exactly what our charges are here, and if you have any questions please do get in touch.

Two ways forward.

We offer two different approaches – Wealth Builder and Wealth Management.

Wealth Builder

is for those who don’t require complex advice, like tax planning or financial forecasting.

Wealth Management

is for those who require help across a wider and more complex range of eventualities.

Discuss a plan

Fees & charges explained.

Initial fee

As the name suggests, this covers the initial advice and setting up of your plan – including the analysis, transfer and reallocation of existing assets. What we charge depends on the amount of those assets.

Value of assets	Initial fee
Up to £250,000	2%
£250,000 to £1,000,000	1%
More than £1,000,000	0.5%

Example:

You invest £1.25m with us.  The initial fee would be £250,000 at 2% (£5,000), £750,000 at 1% (£7,500), and £250,000 at 0.5% (£1,250). £5,000 + £7,500 + £1,250 equals a total of £13,750.

We will not charge you more than £20,000 for any piece of individual advice. The cap applies for each piece of initial advice.

Ongoing fees

These cover the continuing advice and adjustments as we move forward with the plan – and what we charge is below the UK average.

(Source: Financial Advice Market review fca.org.uk)

They’re made up of a Financial Planning Fee (FPF) for your adviser, an Ongoing Charges Fee (OCF) for managing your investment, and a Platform Fee for the platform you use to monitor your plan.

Please note: if you transfer in further funds after your plan is first set up, this will incur a fee at the same rate as your Initial Fee.

Wealth Builder

Financial Planning Fee	0.75%-1%* Min £400 per annum
Investment Charges	0.68%**
Investment Platform Fee	0.20%
TOTAL: 1.63%**

**Referring to the VT Esprit Tactical Growth fund.
Calculated as a % of the assets you invest through Shackleton

Wealth Management

Financial Planning Fee	0.75%-1%* Min £1,500 per annum
Investment Charges	0.68%**
Investment Platform Fee	0.20%
TOTAL: 1.63%**

Financial Planning Fee (FPF):

Covers ongoing advice from your adviser – like agreeing and managing financial objectives, assessing investments, financial projections and your full annual review.

*Clients invested in our VT Esprit fund range will benefit from a reduced fee of 0.75% (down from 1%) as the centralised investment process reduces the need for individual fund research or assessment at the annual review.

Investment Charges (OCF):

This is the total cost of the recommended investment solution including the annual management charge and the underlying fund charges.

The above OCF is indicative and can change depending on the underlying investment charges at any given time.

Investment Platform Fee:

This is where your funds are held and administered and where you can keep track of valuations.

Platform fees shown are based on Shackleton Hub (Hubwise) for an ISA. For those with larger portfolios it could be as low as 0.03%.

We never charge exit fees or advice fees to enter drawdown

Tell us about your goals.

Start working towards your financial goals today by booking a no-obligation initial meeting with one of our advisers

01273 204999

enquiries@shackletonadvisers.co.uk

23 Coleridge Street, Hove, East Sussex, BN3 5AB