Our two typical use cases
Build your own investment interface
Take Seccl’s custody, settlement and trading infrastructure, and build your own service directly on top. Great for fintechs or investment firms who have their own tech teams and are eager to get to market fast.
Take our off-the-shelf portals
Operate your own adviser platform with Seccl at its core: we’ll act as custodian and provide brandable adviser and client portals – you'll handle the day-to-day operational management. Perfect for advisers or DFMs looking to own the platform experience.Both powered by
Seccl’s custody, trading and settlement API
Typical charging structure
Your client pays you…
Platform fee
A monthly fee covering …- Custody
- Trading costs
- Investment activity
Your firm pays us…
Custody fee
Charged on each client’s portfolio- Trading and investment fees
- Direct Debit costs
- Cost for interface (if not building yourself)
Your potential platform margin
Get a rough estimate, and explore how the costs work in practice.
Use the slider to choose a rough amount, or type an exact figure into the box.
A rough breakdown of the costs...
- Seccl charges
- Custody (assuming 0.1% of total AUM for ease – or an annual minimum of £36k)
- User interfaces (at £12+VAT per user per year – or an annual minimum of £36k+VAT)
- Variable or third-party costs, recharged to you
- One-off cost for initial transfers (assuming £25 per client, or £50 for pension clients)
- SIPPs (at £50+VAT for accumulation and £175+VAT for decumulation)
- Instruments (at £36.50 per line per year)
- Trading costs (assuming 0.0015% of AUM per month)
- Direct debits (assuming 50% of the clients have one DD per month)
- Total
It's important to understand...
This calculator doesn't account for the operational cost involved with running your own investment platform.
It's a significant step that will carry certain new and perhaps unfamiliar roles and responsibilities – and will no doubt mean you'll have to hire new administrative, operations or customer service staff.
To learn more about what's involved, take a look at our introductory guide...
Pricing breakdown
Want to know the detail? We've outlined all the potential costs involved with using our service below.
Digital custody
- AUM per client Price
- £0 to £500k 10 bps
- £500k to £1 million 5 bps
- £1 million + 0 bps
Clients' platform and adviser charges are calculated based on their end-of-day portfolio valuations during the previous month. Firms will be subject to a minimum custody charge of £36,000 per year.
Client and adviser portals
Our portals for clients and advisers are priced at £12 per year (+ VAT) per client, subject to another minimum charge of £36,000 per year (+ VAT), separate to the minimum custody charge. 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.
Other variable costs
- Item Cost
- Direct Debit (per DD) £0.50
- Instrument charge (per year, per instrument) £36.50, i.e. 100 lines of stock = £3,650
- Fund transactions No cost
- UK ETF & Shares (bulk traded at the end of day) 4 bps per trade (minimum of £4)
- In specie transfers (per line, per wrapper) £1
- Non-SIPP pension transfers (through Origo) £15 per pension
SIPP costs
- Account Maximum cost
- Accumulation £50 + VAT
- Decumulation £125 + VAT, in addition to accumulation cost (i.e. £175 + VAT)
Note: these variable costs are to cover the charges that we ourselves take on when facilitating transactions.
