Our fee structure is fair, flexible and transparent.
That means you will understand exactly what you are paying and the service you receive.
We cap our fees, so clients with larger portfolios don’t pay disproportionately more.
We’re flexible too. So, if you want us to simply write your financial plan, which you implement, that’s fine. Alternatively, if like most of our clients you’re too busy, we’ll happily implement the plan for you. We’ll also keep it under review too, giving you the peace of mind that you’re on track to achieve your purpose.
To maintain transparency, and avoid conflicts of interests, we charge at three stages on the financial planning process.
The value of financial planning
Vanguard Adviser’s Alpha™ shows that, on average, financial planners add approximately 3% per year to their client’s net returns.
This is achieved through a combination of suitable asset allocation, cost-effective implementation, rebalancing, tax advice and behavioural coaching.
Building your financial plan
Financial planning puts you and your aspirations before financial products. So, we’ll start by understanding you and your goals. Once we’ve done that, we’ll analyse your current arrangements and develop a full financial-life plan.
Your plan will give you comfort that you’re heading in the right direction and peace of mind that you will achieve your goals.
We charge a fixed fee to produce the financial plan. We’ll confirm the exact amount at our first meeting. Unlike many financial planners, if you ask us to implement the plan, we’ll deduct the fee you paid at this stage from the implementation cost. It’s the fair thing to do.
Implementing your financial plan
All plans are only as good as their implementation.
If you ask us to implement the plan, we’ll do it efficiently and effectively, keeping you informed every step of the way.
We’ll confirm our fee for implementing the plan during our meetings. We’ll also explain our fee cap, which we’ve voluntarily introduced to ensure that you’re treated fairly if you have a large portfolio of investments.
Track and refine
Our clients tell us that our regular reviews give them tremendous peace of mind, confidence and reassurance because they know that they’re on track to achieve their goals.
They also know that if life blows their plan off course, we’ll work with them to put it back on track.
Again, we cap our ongoing fee to be fair to those people with significant wealth.
Fair, flexible and transparent
We’ve built our fee structure to be as fair, flexible and transparent as possible:
- As soon as we understand your circumstances, we’ll confirm the exact fees you will pay
- If you ask us to implement your financial-life plan, we’ll deduct the fee you paid from the implementation costs
- We’re flexible, so if you choose to do so you can implement your financial-life plan yourself
- If you prefer, we can calculate our fees based on our hourly rate and the time we spend working with you
- To be fair to people with significant assets, we place a cap on the implementation and ongoing fees.
What our clients say
Philip helped me make my investments ethical when I realised that was something I really wanted. He has given me shrewd investment advice, but also encouraged me to enjoy my money. He helped me enormously through my divorce, from filling in the financial disclosure documents to organising a vital loan for me to help me pay the lump sum and keep my house. He's been absolutely brilliant, always going above and beyond.
Philip has helped us to come up with a financial plan to retire earlier than originally planned.
I had never been interested in financial planning before, nor had I ever had much in the way of capital that needed looking after. Philip was rigorous and helpful throughout, and very good at explaining things that I had never needed to think about before.
Philip provided a comprehensive life plan, along with advice in specific areas we requested. He also helped to consolidate and reinvest our pensions and savings. His service has been clear and professional.
Philip has really sorted out my anxiety about my finances, advising me on sensible, ethical investments that fit with my requirements. He's experienced, calm, kind and really takes care to emphasise that he's in this for the long term. He is always around to reassess priorities and to react to changing circumstances. Philip really cares about the peace of mind, wellbeing, and – of course – financial returns of his clients.
Philip encouraged me to think about my big financial goals . He created a financial plan for my life and advised me on how to protect the plan.
Philip helped me to get my thoughts in order, looked at my current pensions, investments, assets and commitments and mapped our very clearly how best, in financial terms, to prepare for the years ahead. He even made me realise I could retire a number of years earlier if I wanted too and that the financial plans I had in my head for the next 10 years or so didn't really make financial sense and proposed a much better plan for my current investments. Turns out I'm not as smart as I thought I was.
We feel like we're in safe hands and have made the right decisions with Philip's guidance.
Philip has given valuable advice on pensions, financial planning and above all reassurance.
Read what our clients have written about us on VouchedFor, the UK’s leading customer review site for financial planners, solicitors, accountants and mortgage advisers.
We're delighted that ValidPath has again been recognised in the FTAdviser’s Top 100 Financial Adviser list for 2023. Thera Wealth Management as a member of the ValidPath network is proud that this achievement recognises our commitment to providing best-practice and independent financial advice for our clients.