Tel: 0161 839 4956
Fax: 0192 575 9730
Email: info@dcandp.co.uk

The Cost Of Our Services New Clients

A preliminary meeting is available to prospective clients, the cost of which will be met by David Cope & Partners Limited:

  • Prospective clients can outline what assistance they are seeking.
  • David Cope & Partners Limited can explain how they might help.

The first actual chargeable meeting is that devoted to data gathering:

  • We need a full picture of clients' personal circumstances and financial standing.
  • Following this meeting, a set of "Personal Accounts" will be sent to the client detailing their present assets, liabilities, income, expenditure and tax position.
  • A fee of 300 is payable by cheque on receipt of these "Personal Accounts".

A formal "Financial Planning Report" will be presented and discussed at a second meeting:

  • Specific advice and recommendations will be given in the report.
  • And a revised set of "Personal Accounts" will be incorporated in the report.
  • A second fee of 350 is payable by cheque on conclusion of the second meeting.

A formal "Investment Planning Report" will be presented and discussed at a third meeting:

  • Again, specific advice and recommendations will be given in the report.
  • A third fee of 350 is payable by cheque on conclusion of the third meeting.
  • All other transaction costs will be fully disclosed in the "Investment Planning Report".

If the recommendations of the "Investment Planning Report" are to be adopted, there will be a concluding meeting at which David Cope & Partners Limited will arrange implementation formalities. A final fee will be payable based on the amount of investment being placed:

Amount Placed
Up to 100,000
Next 50,000
Next 50,000
Thereafter

Fee Payable %
2.00 (i.e. 20 for each 1,000 invested)
1.50 (i.e. 15 for each extra 1,000 invested)
1.00 (i.e. 10 for each extra 1,000 invested)
0.50 (i.e. 5 for each extra 1,000 invested)

The minimum charge is 150 (i.e. if less than 7,500 is placed, the fee is more than 2%).

The adviser fee for implementation can either be paid by cheque or by a debit from the investment account. If the latter, the amount actually invested will be reduced accordingly and there may be tax implications although this will be discussed more fully at the time.

It is the understanding of David Cope & Partners Limited that the above fees are not liable to Value Added Tax ("VAT") because each process is a step towards a transaction in financial securities. If this understanding is ever over-ruled, David Cope & Partners Limited will meet any "VAT" assessment, i.e. there will not be a back-dated "VAT" charge to clients.

Where David Cope & Partners Limited is required to undertake tasks other than those outlined above, arrangements and fees will be agreed separately. Some examples are:

  • Advice and assistance in settling a deceased's estate.
  • Advice and assistance in extracting benefits from personal pension plans.
  • Inheritance Tax mitigation.

The Financial Conduct Authority does not regulate estate planning or tax advice.

Enquiry