Typically, clients will pay you a monthly platform fee to cover the cost of custody, trading and any investment activity; while we’ll separately charge your firm a custody fee (calculated on each of your clients’ portfolios), a fee for client or adviser portals (if you’re using them), along with any variable costs incurred (like trading fees, Direct Debits, transfers or wrappers).
Our custody fee is designed to be one of the most affordable in the market, starting at just 0.1% and tiering down to zero for larger portfolios. Our minimum charges are designed to be accessible, too: £75,000 per year in the first year, rising to £150,000 per year from year two onwards.
Try our calculator to see how it could compare, and learn more about the other costs involved. Or just dive straight into the detail.
Our custody service and investment technology can either be accessed through our off-the-shelf adviser, DFM and client portals – priced at £12,000 and £24,000 per year respectively, or through your own, custom-built interface that you connect directly via our API.
You’ll only pay for what you use – and there are no costs for integrating, no matter how you choose to.
Starting custody fee
Annual professional portal fee
|AUM per client||Price|
|£0 to £500k||10 bps|
|£500k to £1m||5 bps|
|£1m +||0 bps|
Clients’ platform and adviser charges are calculated based on their end-of-day portfolio valuations during the previous month. There is a minimum custody charge of £75,000 per year in the first year, rising to £150,000 per year from year two onwards.
Our portals for advisers are priced at £12,000 (+ VAT) per year, and client portals at £24,000 (+ VAT) per year. Note that, unlike our digital custody service, our client portals are subject to VAT. Any improvements to the interface will automatically flow into portals at no extra cost.
|Direct Debit (per DD)||To be negotiated with DD provider, assume £0.20-0.50|
|Fund transactions||No cost|
|UK ETF & Shares (bulk traded at the end of day)||4 bps per trade (minimum of £4)|
|Account transfers (via Origo or ATG)||£15 per wrapper|
|Accumulation||Annual charge of 0.05% paid monthly with a minumum of £12 + VAT and maximum of £48 + VAT per year|
|Decumulation||Annual charge of 0.10% paid monthly with a minumum of £48 + VAT and maximum of £120 + VAT per year|