Transparent Fees With Zero Ambiguity
We believe professional financial guidance should be straightforward. No hidden commissions, no percentage escalation on mortgages, and zero advice fees when you engage multiple in-house services.
Multi-Advice vs. Single-Advice Schedules
Under our holistic Multi-Advice Process, conducting two simultaneous advice streams (such as a mortgage combined with family protection) entirely removes upfront advice fees.
| Advisory Discipline | Multi-Advice Process (2+ Services) | Single-Advice Process (Standalone) | Ongoing / Execution Terms |
|---|---|---|---|
| Mortgage & Remortgage | £0 Upfront Fee | £300 Upfront Fee | Whole-of-market lender procurement; paid via lender commission upon completion. |
| Financial Security (Protection) | £0 Upfront Fee | £300 Upfront Fee | Underwritten cover for Life, Critical Illness, and Income Protection. |
| Pension Consolidation & SIPPs | £0 Upfront Fee | £500 Upfront Fee | Facilitated via fund deduction; tax-deductible from gross fund value. |
| Wealth Management & Investments | £0 Upfront Fee | £500 Upfront Fee | Initial advice & implementation max 1.25%, ongoing review max 0.85%. |
| Trusts, Wills, LPA & Hourly Advice | £175 / hour | £250 / hour | Agreed in advance for bespoke estate planning and complex family consultations. |
The 2.0% Total Cost Cap
In the UK wealth management industry, total collective investment costs often silently escalate between 2.4% and 6.0% p.a., quietly cannibalising returns.
At Open Financial Advice, our total collective ongoing charges — encompassing advice fees, fund management fees, and custodian platform charges — are strictly capped under 2.0% p.a., and typically significantly less.
Security, Governance & Payment Policies
Stripe Card Processing: Where standalone fees apply, all card payments are processed securely via Stripe in GBP. We do not store credit card credentials on local servers.
Work Commences Immediately: Payment of an advice fee constitutes formal instruction to implement research and application packaging. As comprehensive underwriting analysis begins immediately upon receipt, upfront fees are non-refundable.
Gross Pension Deductions: For pensions and investments, advice fees can be deducted directly from your gross fund balance, providing immediate tax relief without depleting post-tax personal cash reserves.
UK Regulated Scope: All services and fee schedules are governed by the UK regulatory framework, our formal Client Agreement, and statutory suitability reports.