Our fees and charges
Brewin Portfolio ServiceWe know that it isn’t always easy to get to the bottom of investment costs. We do our best to make it as straightforward as possible to understand what you will pay as a client.
Brewin Portfolio Service offers a simple fee structure, consisting of two parts:
Service fee
Our annual service fee is 0.70% of the value of your portfolio. This gives you access to an investment solution carefully created by our in-house experts.
Underlying fund charges
You will also pay charges on the underlying funds in which your money is invested. These are deducted monthly by the fund managers before your returns are paid, so you don’t see them, but you need to know about it.
Underlying fund charges for Passive style
| Strategy Name | Service fee | Underlying fund charges | Total cost |
|---|---|---|---|
| Passive risk level 3 | 0.70% | 0.09% | 0.79% |
| Passive risk level 4 | 0.70% | 0.09% | 0.79% |
| Passive risk level 5 | 0.70% | 0.08% | 0.78% |
| Passive risk level 6 | 0.70% | 0.08% | 0.78% |
| Passive risk level 7 | 0.70% | 0.07% | 0.77% |
| Passive risk level 8 | 0.70% | 0.07% | 0.77% |
Underlying fund charges for Active style
| Strategy Name | Service fee | Underlying fund charges | Total cost |
|---|---|---|---|
| Active risk level 3 | 0.70% | 0.56% | 1.26% |
| Active risk level 4 | 0.70% | 0.59% | 1.29% |
| Active risk level 5 | 0.70% | 0.62% | 1.32% |
| Active risk level 6 | 0.70% | 0.64% | 1.34% |
| Active risk level 7 | 0.70% | 0.66% | 1.36% |
How much is that in real money?
The tables below illustrate, in cash terms, exactly how much you will pay for RBC 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.
Example of annual charges for our Passive style
| Portfolio value | £500 | £5,000 | £9,000 | £20,000 | £50,000 | £100,000 |
|---|---|---|---|---|---|---|
| Service fee @ 0.70% | £3.50 | £35 | £63 | £140 | £350 | £700 |
| Service fee charged monthly* | £0.29 | £2.92 | £5.25 | £11.67 | £29.17 | £58.33 |
| Estimated underlying fund charges, OCF @ 0.09% | £0.45 | £4.50 | £8.10 | £18 | £45 | £90 |
| Total estimated annual cost | £3.95 | £39.50 | £71.10 | £158 | £395 | £790 |
| Total estimated % charge | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% | 0.79% |
Total cost of £39.50 per year on a Passive portfolio value of £5,000
Example of annual charges for our Active style
| Portfolio value | £500 | £5,000 | £9,000 | £20,000 | £50,000 | £100,000 |
|---|---|---|---|---|---|---|
| Service fee @ 0.70% | £3.50 | £35 | £63 | £140 | £350 | £700 |
| Service fee charged monthly* | £0.29 | £2.92 | £5.25 | £11.67 | £29.17 | £58.33 |
| Estimated underlying fund charges, OCF @ 0.72% | £3.60 | £36 | £64.80 | £144 | £360 | £720 |
| Total estimated annual cost | £7.10 | £71 | £127.80 | £284 | £710 | £1,420 |
| Total estimated % charge | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% | 1.42% |
Total cost of £71.00 per year on an Active portfolio value of £5,000
Based on a portfolio value of £5,000 we estimate your total charges in a year would be £39.50 for one of our Passive solutions or £71.00 for one of our Active solutions (some people prefer to see these figures as a percentage of their £5,000, which would be 0.79% and 1.42% respectively).
*Our service fee makes up £35 of this, which will show on your statement as a £2.92 monthly deduction regardless of whether you are in Active or Passive.
The remaining fee is the ongoing charges figure (OCF) to cover the investment costs (management, transaction, administrative). This is taken by the investment managers before the returns are paid and will not show as a deduction on your statement, but you should be aware of it. OCF costs are typically between:
- 0.07% and 0.09% per year for our Passive solutions
- 0.68% and 0.72% per year for our Active solutions
A human touch
We know how important the human touch is, so you’ll always speak directly to a member of the team. Our UK-based experts are on hand when you need them to answer any questions you may have.
Call us on 0333 207 9003
Monday to Friday 8am to 6pm
Saturday 8am to 12pm
Email us at customer.services@brewin.co.uk
Write to us at:
Brewin Portfolio Service
Sixth Floor, Atria One
144 Morrison Street
Edinburgh, EH3 8BR
BPS accounts
Junior ISA
Give your child a financial head start. Invest up to £9,000 per child each tax year with income and growth free from tax.
Explore Junior ISAInvestment ISA
Make your money go further. Invest up to £20,000 per year in the stock market, with tax-free returns and withdrawals anytime.
Explore Investment ISAGeneral Investment Account
Used up your ISA allowance? With this account, there are no limits to how much money you can invest. Withdrawals can be made at any time, with profits taxed.
Explore GIABare Trusts
Bare Trusts are a simple form of trust used to invest money for a child’s benefit. A Bare Trust lets you withdraw money under limited circumstances before they are 18, for things like education (but returns may be taxed).
Explore Bare TrustsThis does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.