Our advice reports clearly outline all fees for implementation at the outset.
Unlike some financial planners who charge by the hour, we prefer a fixed fee arrangement when working with our prospective clients. This allows you to know upfront what the cost are, which will in turn give you added peace of mind when making your decision.
The fees we charge will be insignificant compared to the amount of money we will save your family in inheritance tax. Usually, a few thousand pounds in fees results in saving hundreds of thousands in inheritance tax.
We collect and then clarify all of your relevant information in a very detailed fact-find.
We ascertain and clarify your needs and goals.
We develop and deliver a comprehensive Estate Planning and inheritance tax advice report.
The reports explain the advice, the reasons for the advice and the detailed fees and costs to implement the various strategies.
We hold a series of meetings to explain our advice to you in-depth.
We help you to make the most suitable decisions of which strategies you wish to implement.
Yes. We want the initial stage to be at a very low risk to our prospective clients. However, in 18 years no client has ever asked for a refund because even if they do not wish to proceed, they appreciate the amount of work we have put in and the value of the advice delivered.
You are not committed to implementing any of the advice or paying any other fees – the £497 fee is stand alone and is designed to cover the cost of my administration team.
Yes. We understand that most firms would charge around £1500 plus to get to the same point. However, the vast majority of clients who pay the initial fee actually proceed to implement some of the recommended strategies and so we are prepared to take the risk.
Anything from £1000 to £30,000 depending on if your assets are £1 million or £20 million and the complexity of the planning. All fees are broken down and fully detailed in the advice reports you are provided with as part of the initial fee of £497. In the end, we quote the fees for the work we recommend you implement in advance and you decide if its value for money.
Yes. We advise you on everything you need to do and why but the implementation of some of the advice is carried out by specialist firms who charge separately. We may refer you to specialist firms to help implement some of the strategies we recommend. However, all firms we introduce you to will also quote you their fees in advance.
Another benefit is that for unusual questions we can ask a specialist at no cost to you but if you were working with a Solicitor at £450 at hour getting questions answered can end up very expensive just to get to the point of understanding recommendations.
Unfortunately, it is impossible to say as we have no idea what you will decide to implement from the range of strategies we recommend to you.
Most people are recommended 5 or 6 strategies that help them achieve their financial goals and retain their lifestyles and achieve financial peace of mind.
All of these variables impact the fees:
Which trusts and how many, and how they are structured
Amount of insurance taken out
Value of assets placed into trusts
Use of Partnerships or Family investment companies or not
The complexity of your current situation and the number of different strategies required
Your need for annual reviews or only every two or three years.
The main point is you will have written invoices for any fees you pay in advance of a fee being due.
We charge a low initial fee to reduce entry barriers to enable clients to understand the advice we give them with almost no financial risk.
Based on the level of our initial fee, we lose money dealing with clients initially. If our implementation fees were not competitive, we would not have been in business for 23 years. We are also growing our business rapidly from recommendations from existing clients.
Nearly everyone of our clients is wealthy and has had the sense to grow their wealth by being careful with money. They check the value of the implementation fees and 9 out of 10 people who start working with us proceed to become clients.
None of this would happen if our implementation fees were too high, and so you should feel comfortable that you will be OK with there as on able level of our implementation fees once it is agreed on what you wish to implement.
In the end, you only commit to paying your initial fee at the outset with no obligation to proceed, and so the financial risk for you is minimal.
The information contained in this web site is for UK consumers only. Like most firms of solicitors and accountants, Bluebond Tax Planning is not regulated by the FCA. The content of this website does not constitute FCA regulated financial advice and all content is provided for general information purposes only. Bluebond is not responsible for any action you may take as a result of information on this site. All advice will be delivered on a personal basis once we fully understand your situation and our client agreements have been signed.