Fees
Clear, Transparent, and Flexible Fees
At Life Planning Ltd, our commitment to excellence extends to absolute transparency regarding our fees, ensuring clarity at every stage. As a boutique firm providing personalised, high-level financial advice, we tailor each relationship carefully, reflecting the distinct financial ambitions and lifestyles of our clients. We understand you, value precision, personalisation, and exclusivity. Here's how our fee structure accommodates your unique requirements:
Initial Conversation
(Complimentary)
An obligation-free introduction to explore your needs and our bespoke approach.
Understanding Your Situation
(Complimentary)
In-depth fact-finding without pressure or fees.
Discovery Meeting
(Complimentary)
Personal consultation to ensure mutual fit and assess how we can uniquely add value to your financial journey.
Bespoke Financial Plan
(£1,500 - £3,000)
Custom-crafted financial strategies developed around your personal aspirations, delivered with premium care and expertise. Fees are fixed in advance, clearly quoted, and tailored to complexity.
Implementation
(0% - 1%, minimum £1,000)
Professional execution aligned precisely with your financial goals. Fees are flexible, transparently based on portfolio size and complexity.
Personalised Ongoing Service
(0.25% - 0.75% annually or fixed monthly fees)
Comprehensive, continuous service including regular portfolio reviews, personalised cashflow management, and strategic fund management, all designed specifically for your financial peace of mind. You have the flexibility to choose between fixed monthly fees or asset-based charges depending on your preferences and needs.
How Do Our Fees Compare?
Industry insights from the NextWealth Fee Benchmarking Report (February 2025) reveal many financial advisers now charge ongoing annual fees between 0.91% and 1.00%. Additionally, asset-based fee structures remain most common (70%), with fixed fees increasingly preferred by younger, more informed investors.
According to the FCA's 2020 survey and the Langcat Market Report 2020, the average industry initial advice fee typically ranges between 1% and 3% of the invested amount, while average ongoing annual charges commonly range from 0.75% to 1.00%.
At Life Planning Ltd, we proudly position ourselves below these industry averages, offering significant value and maintaining competitive pricing:
- Our ongoing service charges (0.25% - 0.75% or fixed monthly fees) consistently fall below industry norms, helping maximise your financial returns.
- Our bespoke financial planning fees remain clearly competitive, demonstrating excellent value compared to the industry average.
Why Clients Trust Life Planning Ltd
Our clients value the transparency, personalised advice, and exceptional service we offer. By maintaining regular communication and employing advanced planning techniques, we ensure you receive clear value at every step, confidently outperforming the broader industry in both service and pricing transparency. Choose clarity, flexibility, and bespoke expertise – financial advice designed exclusively for your peace of mind.
(Industry comparisons sourced from NextWealth Fee Benchmarking Report, February 2025; FCA Survey, 2020; and Langcat Market Report, 2020.)
