Our Foundation service lays the groundwork to help you achieve your desired lifestyle, creating a financial plan to support your goals, build strong financial foundations for your lifestyle and establish the core elements of your financial plan.
This service is ideal for clients who have a lower level requirement for advice on investments and pensions but like the reassurance that a Planner is available as and when you need them.
Financial Planning & Advice
• Focused Advice
• Telephone or video based Annual Review
• Personal Finance Portal – 24/7 access to your information
• Discretionary/governed portfolios auto-rebalanced to match your risk profile (if applicable)
Education & Learning
• Product Education
• Money Wise Newsletter and seasonal updates
Interaction with others
• Introductions to other professionals
Pembroke do not charge for arranging Life Assurance and Protection Policies, we are usually paid a commission from the company providing the policy. Life Assurance products should normally be written into a Trust, and we would generally advise you to implement this at the outset.
Choosing the right mortgage is financially important, our specialist advisers will explain all the options available to you and guide you through the application process. As an independent mortgage adviser, we have the freedom to search the entire market to find the most competitive deals available.
We can source the best residential, buy to let, re-mortgage, commercial and equity release products for your individual needs and circumstances. We can advise you in person or on video conferencing, or if more convenient over the phone at any time that suits you.
Fees for mortgage advice
We charge a fixed adviser fee of £500 for residential, re-mortgage and equity release work and £750 for Buy to Let mortgage work. An Initial Disclosure Document, which details the full terms and conditions, will be provided by the mortgage team. We do not charge to review your mortgage and will contact you three months prior to the end of your existing deal. If the mortgage team embark on analysis and reporting work on your behalf, but you decide not to take up our recommendations, we reserve the right to charge you a fee to cover our time. This will typically be represented by a rate of £170 per hour, with a minimum fee of £245.
In some circumstances, it may be more appropriate to charge based on the time taken to provide you with financial advice, rather than a percentage of your total investment. We understand that sometimes you just want a little financial advice from someone you can trust and offer a service whereby we can analyse, review, advise, recommend then implement your instructions to arrange an investment or policy as a standalone transaction. You can pay by either a time-based fee or a pre-agreed project fee.
Pembroke’s standard hourly rates are as follows:
Pension Transfer Specialist, Chartered Financial Planner, Complex Financial Planning projects (for example estate planning, cashflow forecasting or technical pensions work) and Managing Partner fee rate: £295 p/h
Independent Financial Planners and Mortgage Advisers fee rate: £170 p/h
Client Support/Administrators fee rate: £75 p/h
No VAT is charged in respect of work which is undertaken in the expectation that a financial product will be arranged, but charges for other advice are subject to VAT. Our standard hourly fee rates will be reviewed annually and adjusted in line with the Consumer Prices Index (CPI).
We will not carry out regular reviews, unless specifically agreed at the outset. This will usually involve an additional fee which will be advised before any work is undertaken.
Should we undertake analysis and reporting work on your behalf, but you decide not to take up our recommendations, we reserve the right to charge you a fee to cover our time. This will typically be represented by a rate of £170 per hour with a minimum fee of £415.
We recognise that life doesn’t always follow the same path, and one size does not fit all. Our Lifestyle service concentrates on keeping you on track to develop a more sophisticated solution as your income and future financial potential grows.