Fees
A typical fee of 1.3% per annum of the portfolio value is charged quarterly in arrears, up to 0.5% trail can be paid away on a quarterly basis.
Fee Sharing reports are run quarterly together with a consolidated self billing invoice. They will be sent to all agents to coincide with payment of their share of fees collected in the previous quarter.
The report will include the fee date; date processed; the fee type; your underlying client's code; the fund name; portfolio valuation, total fee; share of fee and the VAT on fee share, for all the clients under an agency code on one consolidated report.
This service will apply to all new business and to any existing business where you arrange with us to re-classify your client's standing data.
For more information please fill in our online form or get in touch.