Our fees
Keeping the long term cost of investing as low as possible dramatically improves client outcomes
Our comprehensive fee includes:
- Investment Management
- Custody/Platform
- Transaction Charges
- Administration
- Any Applicable VAT
The applicable fee rate is based on your net contributions and immediately drops as contributions move you into the next band.
We do not charge initial fees, exit fees or to transfer in pensions, ISAs and cash.
Annual wealth management fees |
||
|---|---|---|
| Net contribution bands | Core | Advised |
| £50,000 - £249,999 | 0.75% | 1.10% |
| £250,000 - £999,999 | 0.60% | 0.95% |
| £1,000,000 - £4,999,999 | 0.45% | 0.80% |
| £5,000,000+ | 0.35% | 0.70% |
| Underlying fund charges |
+0.10% to 0.45% | |
Clarity and confidence over your wealth
Lower fees help you to achieve your goals
We believe in the long term benefit of keeping the total cost of investing as low as possible.
Gain economies of scale with a Netwealth Network
Invite up to nine additional family members or friends to your network and drive fee benefits for the whole group. Intergenerational investing: a win for the whole family.
Discuss with qualified financial advisers
Our team of advisers help you get started or consider key life events including retirement or school fee planning.
Costs and charges explained
Netwealth fees
The fee rate for the discretionary investment service is determined by the aggregate value of the contributions you've made into your Account minus withdrawals ("Total Invested Amount"). If you're the Lead Investor or member of a Network, then the Total Invested Amount will be calculated based on the aggregate value of contributions less withdrawals for all clients in the Network.
Fees are deducted from your account monthly in arrears, based on the applicable annual fee rate and the average daily value of your account.
Underlying fund charges
The underlying fund charges are an estimate of the aggregated charges embedded in the funds and ETFs held within portfolios, including management fees and other fund administration charges.
Annual cost of trading
Other costs of investing are made up of the frictional costs of trading within the portfolios. The ongoing costs of trading relate to the spread between purchase and sale prices of funds and ETFs that are bought and sold on your behalf by Netwealth on an ongoing basis, and to the equivalent frictional costs of trades taking place within the funds themselves.
The one-off cost of investing is the effect of the difference between the purchase price and the “mid-market” price in the market for each fund when your initial investment is made.
Transaction fees
The table below lays out other charges that will be deducted from your account, depending on the services provided.
Transaction fees
| Netwealth charges | Charge |
|---|---|
| Cash withdrawal via CHAPS | £25 |
| Cash withdrawal via BACS | £0 |
| Cash transfer charge (GIA, ISA, JISA) | £0 |
| In-specie transfer charge (GIA, ISA, JISA) | £20 |
| Account closure | £0* |
| Change in portfolio risk level | 0.12% (of portfolio market value) |
| Intelligent Money (pension provider) charges | Charge |
|---|---|
| Set up fee | £0 |
| Annual charge | £180 |
| Income drawdown set-up charge | £90 |
| Income drawdown annual charge | £108 |
| Calculation of pension commencement lump sum (Tax free) | £180 |
| Calculation of partial crystallised fund pension lump sum | £270 |
| Calculation of full uncrystallised fund pension lump sum | £360 |
| Capped income drawdown annual review | £90 |
| Annuity purchase charge | £180 |
| Single and regular contributions | £180 |
| Cash transfer in | £0 |
| Cash transfer out | £180 |
| In-specie transfers out | £270 |
| In-specie transfers out (per hour) | £180 per hour |
Ready to take control of your investments?
Maximise your investments with award-winning leading expertise, cutting-edge tools, and low fees. Join Netwealth today and benefit from professional, tailored management and transparent pricing. Sign up for our online service or contact us for more information on how we can help you reach your financial goals.
Netwealth offers advice restricted solely to our services. We do not consider the whole of the market, nor offer advice in relation to tax compliance, insurance products, or the transfer of defined benefit pensions.
