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Why choose us

How we charge

We pride ourselves on offering fair and transparent fees, as well as a value-for-money service.

To achieve those goals, we break down our fees into three stages:

Financial advice: A fixed fee based on the complexity of your situation and the time it takes us to develop and deliver our advice.

Independent research and implementation: A fee to cover the cost of implementing our advice, should you ask us to do so.

Regular reviews: A fee to ensure your financial plan remains on-track to deliver your objectives and aspirations.

We believe this method of charging has several key benefits:

  1. It is fair to both you and us; we are paid for the work we do, while providing excellent value for money to you
  2. It is transparent; you know at every stage the amount you are paying and the service or advice you will receive in return
  3. No conflicts of interest; you are paying for advice, our income isn’t dependent on selling a financial product

Naturally, we offer an initial meeting or discussion at our expense. This allows us to get to know each other and answer any questions you might have about our services and the fees we charge.

If you then go on to work with us (which will usually involve us gathering information, conducting analysis and preparing a report), that’s when we start to charge.

It’s important to note a growing body of research which shows the value of financial advice and planning. This includes:

A 2017 report by Royal London and the International Longevity Centre showed that, on average, people who work with a financial adviser boost their assets by up to £43,245.

A recent study by Vanguard identified seven key areas where advisers can add value, estimating values for each area. The total sum was discovered to be around 3% per annum.

 

What do our clients have to say?

I’ve worked for well over 20 years in financial services; in that time, you get to know the good guys from the bad. The Sovereign team have integrity, a caring attitude and all the planning skills to back it up. No hesitation in recommending them for your financial planning needs. 10/10. Paul Dean, Bristol
For once we weren’t bamboozled by ‘financial-speak’. I was impressed by the way the Sovereign team took pains to see that we were keeping abreast of matters: some of which are, to the uninitiated like Christine and me, rather difficult to follow at times. It is comforting to know that our money is in capable hands. Vince and Christine Robertson, Thornbury, Bristol
Many thanks indeed to the team at Sovereign. They have consistently given us excellent service and quality advice. They have always been flexible and have tailored their service to our changing needs. Mr and Mrs Latimer, Thornbury, Bristol
During my many years of association with the Sovereign team they have dealt with my wife and I in a most professional and courteous manner. Their ability to explain complex financial matters in a simple way has enabled us to make informed decisions and build up a successful investment portfolio. We have no hesitation in recommending Sovereign to friends and family. Indeed, my son and daughter are now clients. Stephen and Diane Haines, Thornbury, Bristol
Sovereign provide financial advice in a very different way to any other adviser I’ve experienced. Their total focus is about ‘the vision’ (not just mine, but my husband’s too) and absolutely not about policies. They have taken time to understand what we want to achieve and have provided observations, ideas and advice that have really focused our attention on how we can reach the end goal. Thanks to Sovereign, we have a clear view of what’s possible and what we need to do. We know they’ll be supporting us every step of the way. Lorraine Jones, Cleeve, North Somerset
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Message us

    Get in touch

    01454 416 653

    Sovereign IFA Ltd, Unit 4, Thornbury Office Park, Midland Way, Thornbury, Bristol, BS35 2BS

    Office opening hours:
    8.30am – 5.00pm Monday – Thursday
    8.30am – 12.30pm Friday