Our first meeing is free of charge and without obligation where we will go through a presentation so you know about Dunham Financial, and we know a little about you. The purpose of the meeting is to establish whether we can work together and you can receive value for money.
We have three seperate fees for the financial planning process.
The Strategy Fee: This fee covers the cost of the initial financial plan. This will be agreed with you prior to starting any work before the fact finding meeting. The fee is a one off fee that you will be invoiced for directly and the amount will depend on how complex your situation is. This is where we provide most of the value to our clients.
The Implementation Fee: The fee covers the cost of setting up any recommendations made within the plan. If there are products involved you may choose to pay our fee through commission paid by the product provider, or we can invoice you directly. Regardless of the method, we will receive the same amount with any surplus commission being rebated directly into your plan.
The review fee: This fee covers the cost of ongoing servicing and portfolio management. As a minimum you will receive an annual update meeting where we will update your financial plan along with any changes to your circumstances or objectives. We have 3 levels of servicing depending on your requirements. A full list of the comrehensive service is available in the downloadable documents titled What do I get for my money?
Currently our fees are not liable to VAT as advice relating to financial products is not VATable. However this may change in the future and some or all of your fee may be liable to VAT.
No charges for fees will be made without prior notification in writing.
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