Foundation
Foundation clients will want to meet with their adviser once a year face to face to review their accumulating portfolio, but have the option of accessing their financial valuations and other data online at any time. They may also want to closely manage retirement funding and protect their financial circumstances appropriately against suffering serious illness or premature death. Estate planning and trust work could also form an overall strategy.
Most clients will have a clear idea of what they are aiming for in the future, and by having a closer ongoing relationship with a financial adviser, plans can be monitored to ensure that objectives are met. As circumstances change, the aim is to ensure that the portfolio continues to match the client’s requirements for future financial security.
The fees for this service are based upon a percentage of funds under management. Our Ongoing Service Agreement and Charge Card can provide more information.
We would expect our Foundation clients to typically be concerned about:
- Understanding their present financial position including income and expenditure
- Developing/reviewing financial goals and understanding needs and shortfalls
- Understanding the steps they need to take or plan to take to achieve their goals
- Having financial security in the event of changing circumstances i.e. ill health or death
- The structure of their existing holdings and the risk they are taking
- Ensuring maximum tax efficiency and achieving income or growth from capital and drawdown pensions
- Achieving their performance targets/benchmarks
Included in the Foundation service:
- Ongoing service for those with growing investment/pension portfolios (£100,000 – £500,000) who may require more complex financial planning solutions and tax mitigation
- Also suited to clients in Retirement Drawdown who require close monitoring of their invested pension savings as they withdraw income
- Scheduled annual Financial Healthcheck, supported by detailed Valuation Reports and fund performance analysis
- Unlimited telephone and email access to dedicated support team
- Entry to our interactive website with Client Portal facilities for remote portfolio access
- Regular fund-switching and portfolio rebalancing as part of Indigo’s Portfolio Service
- Access to more sophisticated investment strategies and tax mitigation, including Discretionary Fund Management
- Annual Bed + ISA processing and withdrawal management
- Income Drawdown strategies and income tax planning
- Quarterly newsletter and Budget updates by email
- FEE FREE investment top-ups for any on-line platform investments (not pensions)
- Max 1% (min £200) initial fee for any top up premiums
- Financial Review for immediate family members reduced to £395
Your commitment to us as a Foundation client:
That you will:
- Assist in data preparation for meetings initially and from time to time as requested
- Provide all the documents and information requested
- Inform your Adviser of any changes to your personal or financial situation
- Participate in review sessions
- Respond to office requests in a timely manner
Charge for this level of service:
0.75% per annum of funds under management, subject to a minimum of £750.