How we are paid for our services

When we receive an enquiry, we invite the prospective client(s) to come to our offices for a preliminary meeting. The purpose of the meeting is to first establish whether we will be able to assist you with your needs and requirements, and second to discuss how we would be paid for our services, should you instruct us to proceed. There is no charge for this preliminary meeting and no obligations on either side.

Following this free consultation, we will discuss and agree how we will be remunerated with you, the possible ways being by direct fee or via the investment. For non-investment insurance advice we will receive commission from the product provider, while adviser charging will apply to pension and investment products. We will always tell you about the adviser charges or any commission we earn.

Commission for non-investment insurance products is built into the provider’s normal product charges, based on the premiums payable.

Adviser charges for investment business can either be based on a percentage of the amount that you invest or a fixed amount, and you have the choice to either pay direct or be deducted from your investment.

The charge for a financial review and recommendation is a fixed fee of £1,200, payable when we give you a report containing our recommendations regarding your circumstances. This fee will be waived wholly or in part, should you decide to go ahead with any of our recommendations. The fees we charge will depend on the complexity of your personal situation.

Whether we are remunerated by way of adviser charge, or commission will be a matter of discussion and agreement, and no charges or fees will be made without discussing and agreeing them with you first.

 

 

What our clients say about us

“I have been very pleased with the level of knowledge and experience of Berry Wealth Management. They take the time to really get to know their clients, which gives me every confidence that my financial goals are understood. They regularly provide updates, and have always been available to answer any questions or to explain options within my portfolio. Transitioning into retirement has been much more comfortable thanks to their help and guidance.”

~ David Leaney

 

“We have been advised by Colin for the past nine years. During this time, we have been extremely pleased with the indepth advice. The frequent reviews have helped us make some excellent, well-informed financial decisions. Colin has always attached an excellent element of professional tax-efficient advice coupled with caution that has comforted us in many ways. We wish that we had met Colin earlier, as we would have enjoyed more longevity of first-class financial planning advice.”

~ Keith & Joanne Hobbs

 

“Colin has been our financial adviser for nearly two decades, he has always offered a consultative approach to financial advice, and this has most definitely enabled Elizabeth and I to retire earlier. Colin also has a good selection of contacts for other areas where advice might be required, and having a trusted source for such recommendations has been invaluable. I do not like the larger companies’ impersonal approach and feel we are valued customers of Berry Wealth Management.”

~ David & Elizabeth Donnelly