Our fees
We believe in being open and transparent about how we'll work together and what we'll charge for our services. Learn more about our fees and what you can expect to pay.
Stage 1
Initial meeting
Before we provide any services to you, we will gather information about your circumstances and needs during an initial meeting.
We will undertake a review of your current investment and pension provision which will include:
- Establishing your financial planning goals and objectives, and planning for any potential personal and financial transitions
- Obtaining full details of your current and future assets, liabilities, income and expenditure
- Reviewing your existing plans to check that they remain suitable for your needs
- Establishing the amount of investment risk you are comfortable taking and and have subsequent discussions regarding your overall risk profile
- Identifying whether you need to take any additional actions or make further provision to achieve your goals.
This initial consultation is free of charge.
Stage 2
Producing your financial plan
We charge a fee to implement the investment / retirement strategy we recommend to you which is a percentage of your investment in the tiered bandings as per the table below
amount
charge
If we agree to work together, we will carry out the following steps:
- Produce a plan on our findings, recommended actions and approximate timescales
- Confirm your risk profile and our recommended investment strategy in an Investment Policy Statement
- Implement any solutions we recommend in a timely manner
If you are at or near retirement and will need to plan for future income withdrawals we will carry out the following additional steps:
- Produce a lifetime cash flow forecast
- Produce income sustainability analysis
For example, an investment of £375,000 would have a charge of £250,000 x 1% = £2,500 plus £125,000 x 0.8% = £1,000, total charge £3,500.
An investment of £600,000 would have a charge of £250,000 x 1% = £2,500 plus £250,000 x 0.8% = £2,000 plus £100,000 x 0.6% = £600, total annual charge £5,100.
We have a minimum fee of £400 for processing a Personal Pension Transfer or an ISA Transfer per plan.
We charge a fee of £750 for lifetime cashflow and income sustainability analysis if this is required. This is in addition to the percentage charge for the implementation of our recommendations.
Stage 3
Ongoing services
Standard service
Our Standard service proposition includes an annual review meeting where we revisit your
financial strategy and we will report on the ongoing suitability of our recommendations.
We will review your risk profile and consider any changes that may be required to your financial plan and make recommendations where appropriate. The service also includes all day-to-day contact, updates, newsletters and administration of your investment strategy.
We have a minimum ongoing annual fee of £1,500 for the Standard service.
Enhanced service
Our Enhanced proposition includes an annual review meeting where we revisit your financial strategy and we will report on the ongoing suitability of our recommendations.
We will review your risk profile, lifetime cashflow and income sustainability. We will also consider any changes that may be required to your financial plan and make recommendations where appropriate. The service also includes all day-to-day contact, updates, newsletters and administration of your investment strategy. An optional interim review meeting is available free of charge should you wish to meet half yearly.
We have a minimum ongoing annual fee of £2,500 for the Enhanced service.
The ongoing fee is a percentage of your total investment and is charged in the following
amount
charge
For example, an investment of £375,000 would have a charge of £250,000 x 1% = £2,500 plus £125,000 x 0.8% = £1,000, total annual charge £3,500.
An investment of £600,000 would have a charge of £250,000 x 1% = £2,500 plus £250,000 x 0.8% = £2,000 plus £100,000 x 0.6% = £600, total annual charge £5,100.
Contact Us
Let's talk
To find out more about how we could help with your finances, simply get in touch to arrange your free, no-obligation consultation.
Callisto Wealth Management Limited, The Stables, Pasture Lane, Business Park, Pasture Lane, Rainford St Helens, Merseyside WA11 8PU is authorised and regulated by the Financial Conduct Authority. Financial Services Register Number 607698. https://register.fca.org.uk/
The Financial Conduct Authority does not regulate taxation advice and will writing.
Registered office: The Stables, Pasture Lane Business Park, Pasture Lane, Rainford, St. Helens, Merseyside, England, WA11 8PU. Registered in England & Wales (07540572).
Regulations, levels and bases of taxation are subject to change and individual circumstances. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
If you have a complaint or dispute with us, you are entitled to make a complaint. We have a complaints procedure that is available on request. If you wish to register a complaint, please contact us either in writing, by telephone or email.
Please be assured we treat complaints seriously. For your protection if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (‘FOS’). Please see the following link for further details:
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