How we are paid
Prospective clients are invited to our offices for a preliminary meeting.
The first meeting we have with you is absolutely free and without obligation.
This meeting is to establish how we are able to assist with your needs and objectives, such as financial planning, tax planning or investment planning. We then discuss how S Hill & Co LLP will be remunerated for our advice and services.
If you proceed with our advice, whether on a fixed fee or commission basis, we will inform you of any costs involved.
An overview of our Services and relevant Costs is detailed below:
Initial Consultation
- Providing an overview of current financial situation.
- Mutual understanding of financial advice required.
- Overview of Service Levels and affiliated charges.
Charge: Not Applicable
Fully Audited Advice
- Details of all financial history taken into account.
- Full details retrieved of all plans, policies, investments and holdings held with life and investment companies.
- Back office system utilised to produce overview report.
- Research carried out to find the most suitable product, fund and holdings held with life and investment companies.
- Analysis made based on current needs and requirements taking all current holdings into account.
Charge: £125 per hour
Limited Advice (Not Recommended)
- No details of existing plans, policies, investments, holdings or schemes taken into consideration.
- Recommendations made solely on the information provided at the Initial Consultation.
Charge: £125 per hour
Follow Up Meeting
- Recommendations provided with detailed solutions based on anaylsis of financial information obtained, and understanding of needs and requirements as well as limitations.
- Full details provided of recommended products and services.
Charge: £125 per hour
Non-Implementation of Advice
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Recommendations provided, advice not taken.
Charge: £125 per hour
Implementation of Advice
- Recommendations provided and accepted by client.
- Paperwork completed and submitted to relevant companies.
- Full report provided of basis of analysis and breakdown of recommendations.
Charge: £125 per hour
Ongoing Advisory Service (Recommended)
- Up-to-date data and information maintained.
- Annual review meeting providing analytical feedback and recommendations.
- Regular assessment of plans, policies, investments, holdings and schemes, resulting in possible fund switch recommendations.
- Provision of bespoke reports incorporating all plans, policies, investments, holdings and schemes.
Charge: £600 pa
Transactional Advice (Not Recommended)
- No up-to-date records maintained.
- No provision for an annual meeting.
- No regular assessment or analysis of holdings.
- Any advice, reports or information will be charged on an individual basis.
Charge: £125 per hour
For certain investment and insurance products, we may be paid commission from the Provider. In these cases this may or may not be offset against fees incurred.