My WealthPartner gives you a pragmatic, efficient means of planning your finances. And if you require specific financial advice you can access it your way and at competitive fees.
You can also be confident that any advice you receive will be provided by professionals with a full understanding of PwC, your benefits, your independence restrictions and other relevant PwC policies. They can help you plan for your goals in line with the economic environment, your attitude and your capacity for risk.
A one-to-one review meeting can be held at your office, by phone/web or at any convenient location to suit your needs. A Close Brothers’ financial adviser, experienced in working with PwC Partners, will lead the session. The health check offers an opportunity to review your needs and existing financial plans to assess how we can help you and your family.
Contact the dedicated My WealthPartner support team on 0800 028 8960 who will be happy to arrange this.
The fees will depend on your specific needs, the area of advice and the complexity of the work involved. For full financial planning and investment advice, the fees agreed for PwC Partners are as follows:
|Value of capital invested||My WealthPartner Advice implementation fee||My WealthPartner Advice annual fee||Close Brothers standard advice implementation fee||Close Brothers standard annual advice fee|
|Up to £500,000||1%||0.5%||1%||0.75%|
|£500,000 to £1 million||0.5%||0.5%||0.5%||0.5%|
|£1 million to £2 million||0.5%||0.3%||
|From £2 million||0.5%||0.2%||
Fees introduced with effect from 1 August 2022.
As part of the My WealthPartner service, which is not available to other Close Brothers clients, there is also a cap on fees if you take advice, custody and investment services from Close Brothers. This cap is shown in the table below and applies to the ongoing advice fee, annual investment management charge and the custody and administration charges.
There can be additional costs for investment management in addition to the annual management charge and the total cost will vary depending on which investments are used. Please note that VAT has to be charged for investment management and advice on discretionary managed portfolios. Full details of all charges will be discussed with you and set out in a comprehensive report before you take up any of our services.
|Amount invested with Close Brothers||Integrated wealth management fee cap (annual charge)|
|£0 - 500,000||1.20%|
|£500,001 - 1,000,000||1.20%|
|£1,000,001 - 2,000,000||1.10%|
We provide a holistic financial advice service to individuals. Our investment process is un-biased, multi-asset, actively managed and diversified across regions and sectors. Because we primarily promote our own investment products, we are classed as providing restricted advice. However, we can also recommend investment offerings from other firms, without bias, based on our disciplined research and analysis process.
Our mortgage advisers help clients with a wide range of situations and needs and have experience working with PwC Partners from across the UK. They will take the time to understand your individual circumstances and use their expertise to identify and recommend the most appropriate mortgage for your needs.
Our telephone/web-based Mortgage Advice Service provides convenience, expertise, and a central point of contact to help manage an application towards a successful completion.
This service is offered to PwC Partners at no cost to you.
Please be aware your home is at risk if you do not keep up repayments on a mortgage or loan secured on it.
Contact the dedicated My WealthPartner support team on 0800 028 8960 who will be happy to put you in touch with an expert.
Before you invest, make sure you feel comfortable with the level of risk you take. Investments aim to grow your money, but they might lose it too.