The value of investments and any income from them can fall and you may get back less than you invested.
At Brewin Dolphin, we have honed our investment skills for more than 250 years, managing wealth for clients across the UK. The Brewin Portfolio Service offers you access to the investment expertise and experience of a leading wealth manager. Your investments will be selected by our award-winning research team and will join nearly £39bn of investments managed for some of the UK’s most successful people. Our online investment platform means it is easy to check on performance whenever and wherever you want.
Our portfolios are geared to minimise costs. On investments above £2,000 you will pay a total of between 0.81% and 0.93% a year for our service, charged in easy-to-manage monthly instalments. The fee you pay is made up of two separate charges: an annual charge of 0.7% of the value of your portfolio for each account, and charges on underlying funds in which your portfolio is invested. These fund charges are typically between 0.11% and 0.23% per year.
Our fees explained
The tables below illustrate, in cash terms, exactly how much you will pay for Brewin Dolphin’s management of the Brewin Portfolio Service (BPS). As you can see, the charges rise depending on the portfolio balance. Any other charges that may apply, such as for withdrawals or account closures, can be seen in our Fees and Charges document.
Illustrative charges on a range of portfolio values
|Service fee @ 0.70%||£14||£35||£70||£105||£350||£700|
|Estimated underlying fund charges using an OCF** of 0.23%***||£4.60||£11.50||£23||£34.50||£115||£230|
|Total Estimated Annual Service Cost||£18.60||£46.50||£93||£139.50||£465||£930|
|Total % Charge||0.93%||0.93%||0.93%||0.93%||0.93%||0.93%|
|Service fee charged monthly at:****||£1.17||£2.92||£5.83||£8.75||£29.17||£58.33|
* The BPS investment minimum is £2,000, however you can start a Junior ISA or a Bare Trust from £100 per month. Dependent on the amount invested, the average performance of your portfolio will be impacted by the total estimated annual service cost figures shown in the table, or the portfolio percentage shown in the table as the total % charge.
** Ongoing Charges Figure - an estimate of the cost associated with investing in external collective funds. The nature of collective funds means that charges incurred in the running of the fund, such as management fees, transaction costs and administrative charges, are included in the total fund valuation. Such costs are not charged directly to Brewin Dolphin portfolios, but impact indirectly through the corresponding reduction in the value of the collective fund. Fund managers quote such costs as a percentage of the overall fund value. This is referred to as an Ongoing Charges Figure (OCF).
*** Our portfolios are invested in a range of underlying funds, all of which levy their own management charges within their pricing structure. The estimated annual fund charge is 0.23%. Such costs are not charged directly to BPS portfolios, but impact indirectly though the corresponding reduction in the value of the underlying funds.
**** Service fee charged monthly and deducted on the 1st business day of each month in arrears.
UK VAT and Stamp Duty is applied on fees and charges in line with aplicable legislation. Other duties, transaction taxes etc. may apply in certain cases in line with overseas law.
Our dedicated customer support team is here to answer your questions about our service, ISAs, or questions specific to your account.
CALL US ON 0333 207 9003
Post: Brewin Portfolio Service, Sixth Floor, Atria One, 144 Morrison Street, Edinburgh, EH3 8BR
Opening hours: Monday - Friday 8.00am to 6.00pm and Saturday 8.00am to 12.00pm
Valued by our clients
We have strong and sustained client satisfaction in both of our last annual surveys.