About our fees
We follow a straightforward and transparent approach to how we charge fees.
Providing value to our clients’ lives is paramount to us, so our unbiased fee structure and service reflect this.
It’s never been easier to access information about boosting and managing your own wealth, so you may question why you should pay someone else to do it for you.
There are many advantages of seeking professional advice rather than going it alone and we believe our work offers true value to your life.
Our clients tell us that they gain this value in all sorts of ways; from the returns they see on their investments, to the tax savings we help them make and the emotional peace of mind they gain, knowing they have a plan for their future.
Improve your financial position
If your main aim is to grow and protect your wealth, there’s no substitute for enlisting the services of a professional independent financial planner or adviser.
A study by Vanguard suggested that a properly executed financial plan can increase the net returns on your investment portfolio by 3% or more per year.
Enjoy long-term benefits, not quick wins
Research by the International Longevity Centre found that individuals who spoke to a financial adviser multiple times over a ten-year period had a 50% higher pension value on average than those who only took advice once.
What’s more, building a strong and continuing relationship with a trusted professional means you always have someone to turn to in times of doubt and uncertainty.
Find happiness as well as prosperity
A report by Royal London revealed the top three emotional benefits of financial advice to be greater confidence, feeling more in control, and gaining peace of mind.
Professional financial planners and advisers are highly qualified, so they can help dispel any myths you may have about money, and ensure you don’t put a foot wrong.
Avoid the pitfalls of doing it yourself
It may be tempting to try to save money in the short term by handling your financial planning yourself, but taking this route often proves to be a mistake.
Good financial planners don’t come cheap, but they’re regulated by professional bodies that ensure the advice they give is sound, protection you wouldn’t be afforded when going it alone.
Our fee philosophy
Our fees are charged as a percentage of the amount invested, there are a number of reasons we charge this way:
- Provides clarity regarding the amount we are going to charge.
- Removes the uncertainty associated with hourly fees.
- Reflects the consideration and the value of the transaction.
- Reflects the risk and responsibility attaching to our advice.
- Our fees are directly comparable with those charged by other regulated advisers.
- In our experiences, our clients prefer that our fees are expressed as a percentage rather than an hourly rate, they know in advance what our advice is going to cost.
- No fee invoices every time we subsequently speak to clients.
- We believe, the value of professional advice cannot be measured by hourly rates. An experienced and knowledgeable Financial Planner may quickly identify something relatively simple that should (or should not be done) and which brings benefits disproportionate to the time taken to suggest or implement that action.
The first meeting, will always be held at no cost to you, so we can discuss your needs and our services. We will always agree fees up front, before any work is commenced.
The service we have received from Peter and FMS over the years has been outstanding – responsive, professional, trustworthy, often going beyond the call of duty.
Our investments have done pretty well too!
I would and do recommend Peter and FMS to anyone looking for personalised and professional financial advice
I have no hesitation in recommending FMS Sevenoaks as a small and friendly firm of independent financial advisers who look after clients on a personal level. They give those clients the reassurance and knowledgeable financial advice that is sought in an ever-demanding and changing environment.
Graham has provided a structured and clearly set out retirement income strategy that enabled us to meet our objectives of gifting money to our children and also restructuring a retirement income more tax-efficiently. We both agree his advice has been first class based on his excellent knowledge of the financial markets.
As a customer with FMS for decades I've always been comfortable with the service they provide and confident about the advice they give me. It's been a long-term relationship - and that's what you need in a financial adviser.
Financial Management Services (FMS), and specifically Peter Collinson, have been advising us on our family finances for over 15 years. From the first telephone conversation, and subsequent meeting, my wife and I both felt that Peter was the sort of person we could work with. We have recommended FMS to friends and other family members. Anyone who has taken up their services has also been pleased with the results. I would highly recommend FMS to anyone looking for an independent financial adviser.
Pensions and tax are complex. when I contacted Graham, at FMS, after our initial discussion, which went into far more detail than any others I’d had, gave me confidence that they could help me achieve my requirements, and feeling I was left with a far clearer understanding of all my options. I left our first meeting with confidence that I had engaged with the right financial adviser. I am now planning for the future with Graham with confidence and have a lifetime plan in place.
