We charge for our service - our fees vary depending on your individual needs. Your adviser will clearly explain our fees upfront and the type of advice we offer in your initial, no-obligation discussion.
Fees for our Full Advice Service
Our Fees |
Charge |
Report Only Fee |
£420 including VAT |
Report & Implementation Fee*1 |
Assets:
Up to £3m
|
Maximum of 2.75% of assets implemented*2 |
Minimum charge:
£960*1
Maximum charge:
£5,000*1
|
We have chosen to offer restricted advice. This means we don't recommend products from the whole of the market, but rather a limited range of products from a limited number of carefully selected companies, including HSBC.
The value of investments, and any income received from them, can fall as well as rise and you may not get back what you invested. For some investments this can happen as a result of exchange rate fluctuations, as shares and funds may have an exposure to overseas markets.
Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in established markets.
We recommend that you should regard stock market investments as medium to long term commitments (by which we mean that you should be prepared to hold them for a period of not less than 5 years).
*1 The Report and Implementation Fee is inclusive of VAT where applicable. VAT is applicable if you invest into a discretionary investment management service. Should you choose to proceed with any Protection Product recommendations we may, in addition to the fees payable by you, receive commission from the insurance company providing the Protection Product. The amount of commission will be set out in the insurance company's Key Features Document which you will be given. However, you may ask for this information earlier if you wish.
*2 'Assets implemented' refers to the total value of all investment and pension recommendations (as well as any recommendation to invest though our discretionary investment management service) which you ask us to implement (including both lump sums and/or the 1st year of any regular contributions) but excludes any Protection Product(s) you may wish to take out. Our Financial Advice Service offers an in-depth personal assessment where we will discuss your goals for the future and your current financial situation.
Our HSBC Premier Stand-alone Protection Advice service provides Premier customers the option to discuss only their protection needs with a Premier Relationship Manager.
For Protection only advice there will be no advice fee. If you wish to proceed, the provider will pay HSBC Bank commission.
This Advice service does not include protection as part of an estate planning/IHT need; you must complete a full financial review.
Our adviser will assess your protection needs and recommend products from a limited number of carefully selected companies, including HSBC. However if you have wider financial planning requirements you will need a full financial review and we can arrange this with your Premier Relationship Manager.
If after your initial discussion you are happy to proceed, a second meeting will be booked in a branch of your choice with an adviser who will then assess your current circumstances and protection needs so we can tailor our recommendations to reflect your individual needs.
Premier Stand-alone Investment Advice is subject to a lower advice fee, please see your Premier Relationship Manager.