Transparent Costs from the Start
Our aim is to always be doing the right thing for you and your finances. We take time to listen to you to understand your values, lifestyle goals and aspirations. Together we create a financial plan which evolves with you over time.
One of the greatest challenges we face when meeting with prospective clients is that we are totally upfront and transparent about all the fees that our clients pay. We have always disclosed Total Expense Ratios and Ongoing Fund Charges (when, until recently, there has been no legislative requirement in Ireland for our competitors to do so), we are able to quantify all custodian, trustee and transaction costs and we also reflect taxes and levies paid by clients in our progress reports. For a net of all costs analysis of a client's portfolio over 9 years please see here
We do not intend to arrange any contracts with product providers via a commission-based payment as our fees are agreed individually with each consumer via our letter of engagement.
For details of remuneration from Product Producers, see Our Remuneration.
“It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do.”
- John Ruskin
Example: Typical ongoing charges for a taxable investment account of €100,000.
Typical Life Assurance contract based on Zurich LifeSave Investment Bond fund specific informational booklet Dimensional World Equity Fund.
Typical Irish Stockbroker based on MiFID II ex-post cost disclosure document.
Note, there would be an additional cost of tax compliance meaning that our solution is unsuitable for small accounts (under €100,000).
Comparative data from the USA confirms that our fees are extremely competitive
In the UK, St James’s Place, Britain’s largest advice platform, charges an initial fee of 4.5%, and then 0.5% for ongoing costs. There will also be an initial product charge of 1.5%, and an annual product management charge of 1% (though this will be waved in the first six years for each investment). These charges don’t include fees for managing and maintaining underlying investments, or transaction costs.
Hargreaves Lansdown charges an initial 1% on the first £1m you invest, with a minimum charge of £495 if you receive telephone advice. Ongoing financial advice costs 0.365% annually. The fees are separate from any fund charges and investors are frequently pushed towards higher charging actively managed funds rather than cheaper passive alternatives.
For more details, please see our guide Demonstrating Our Value.
Schedule an Appointment to Begin
Aligning Your Interests with Unmatched Quality of Service
Financial Planning core Services
All our clients receive our core services. These ensure you are on track to reach your future goals and aspirations.
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| Financial Personality Assessment and Report | Complimentary | N/A |
| Online Fact find | Complimentary | N/A |
| Anti Money Laundering Identity verification | Complimentary | N/A |
Lifetime cash-flow analysis To define and help to meet your primary objectives | Included | N/A |
Family Risk Audit Comprehensive family protection analysis including review of your existing Life Assurance and income replacement policies and review of your employment contract | Included | N/A |
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In all cases, our minimum fee for Financial Planning is €500 plus VAT
Optional Financial Planning Services
optional financial planning service | additional fee |
Retirement Planning Strategies Review of your current retirement provision for adequacy and tax efficiency including review of your current occupational pension scheme and recommendations for AVCs/added years | €200 per scheme |
Debt analysis
Review of your current loans and consumer debts
| €200 per loan |
Planning for school fees Building a strategy to meet future school fees and higher education costs | €200 per child |
State Pensions Analysis of your current entitlements and recommendations for strategies to potentially improve State Pension benefits | €200 per client |
Review of deferred Irish Defined Contribution Schemes Consideration of adding to your current occupational scheme, remaining a deferred member or transferring to a Buyout bond or PRSA. Note additional fees are payable for international pension transfers and advice in respect of incorporation of a sole trader and or establishing an Executive Pension (see wealth management below) | €500 per scheme |
Helping relatives into property Helping children and or grandchildren to get a foot on the property ladder | €200 per purchase |
Gifting Gifting money through the generations to provide rewards now and reduce inheritance tax | €200 per child |
As noted below, all Global Wealth clients pay a minimum annual fee of €2,500pa which we generally collect via a charge to pensions and investments. However, where Financial Planning clients have a pension or investment portfolio managed by PortfolioMetrix or Global Wealth of less than €250,000 we charge a monthly retainer fee of €50pm until assets reach €250,000.
Wealth Management Services
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Irish Estate Plan
Including family partnerships / Irish wills / enduring power of attorney and living wills/advance healthcare directives | €1,000 plus VAT |
| Irish Resident and Non-Domiciled Remittance Planning Strategies | €1,000 plus VAT |
| US Citizens and US Planning Issues | €500 plus VAT |
Complex Pension Planning
Including International Pension Transfers to and from Ireland and analysis of Defined Benefit Pensions | €1,000 plus VAT |
Tax Planning Arranging your savings and investments in a tax efficient manner
| €1,000 plus VAT |
Corporate Restructuring
Coordinating with tax consultants, lawyers and accountants as necessary to restructure your business for tax efficiency, succession, retirement and other planning relating to business as distinct from personal assets | €1,000 plus VAT |
Charitable Gifting and Philanthropy
Turning your success into significance through the use of planned giving, donor advised funds or charitable foundations | €1,000 plus VAT
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Please note that our minimum fee for Wealth Management is €2,500 plus VAT see Terms of Business for more details.
For more details please see Our Remuneration.
