A 2017 report by Royal London showed that, on average, those who worked with a financial adviser boosted their assets by up to £43,245. While the value of your investments and any income derived from them cannot be guaranteed, we only proceed with work where we feel confident you can gain financial benefits that more than outweigh the cost of our service.

Professional advice offers so much more than just practical, financial benefits. Our clients regularly tell us how much working with us has improved their emotional well-being. That’s because financial planning can make you feel better about yourself and your money, more confident and secure in your future and reassurance at times of uncertainty.

We believe in transparency: transparency in how we work, who we help, what we do – and how much we charge for providing those services. For this reason, we offer all prospective clients an initial consultation at our expense.

At this first meeting, we will take the time to understand your financial objectives and confirm how we feel we can support you in working towards your goals. We will also discuss the costs, and levels of our services both initially and throughout our relationship with you.

We charge our services by way of a fee. These fees are detailed below:

For information on what you will receive from us at the “Exploration” stage of the process, please visit our How we work page.

We charge a fixed fee of £2,000 for this service, payable when you receive the report containing your recommendations. This fee will be refunded against further fees should you proceed and instruct us to implement our recommendations.

Under 30s

We know that initial fees can be prohibitive when you’re just starting to build your wealth. To encourage clients under the age of 30 (on the day of engagement with Cobalt Wealth), we do not charge any initial fees to those within this age bracket. We’re happy to bear this cost.

For information on what you will receive from us at the “Recommendations” stage of the process, please visit our How we work page.

Our charge for the implementation of the recommendations we make in your financial plan 
is based on a percentage of the amount you invest or transfer. These charges are applied 
as follows:

• Overall minimum fee £2,000
• 1.5% of the first £1,000,000 and then
• 1.0% on the next £1,500,000 and then
• 0.5% on the next £1,500,000

The following examples are provided to help you understand how our charges are applied. For a precise calculation of fees in your circumstance, please contact us.

Examples

1. If we arrange an investment on your behalf for £20,000, our Implementation fee would be £300. As this is less than our minimum fee, we would charge you £2,000 which includes our ‘Financial Review and Recommendation’ fee.
2. If we arrange investments on your behalf totalling £150,000, our Implementation fee would be £2,250 As this meets the Financial Review and Recommendation fee, no other charges would be applied.

The cost of our ongoing support is based on the value of your investments held with us. Where the value of your investments rises, then the fee for this service increases, and vice versa. The fees we charge are:

• 1% on total funds up to the value of £1,500,001. When funds pass this figure, we charge:
• 0.70% on total funds up to the value of £3,000,001. When funds pass this figure, we discuss an individual service agreement with you

The annual minimum charge for this service is £1,500.

The following examples are provided to help you understand how our charges are applied. For a precise calculation of fees in your circumstance, please contact us.

Examples

1. If your investments are valued at £100,000 the 1% charge of £1,000 would be below our minimum fee and we would charge the difference of £500 to you at the end of the annual period from when this agreement was dated. The total fee payable would be £1,500 per annum.
2. If your investments are valued at £750,000 the 1% charge would be £7,500 and would be the total fee payable for the year.
3. If your investments are valued at £2,000,000 the charge would be £14,000 and would be the total fee payable for the year.