|
Portfolio Management Fees
 |
Discretionary |
0.6% of managed portfolio |
| |
Advisory |
0.9% of managed portfolio |
| |
Nominee*
|
0.15% of managed portfolio |
| |
* in addition to Discretionary or Advisory
fees.
Minimum fee £100 pa.
The above fees are based on Citywall retaining all commissions earned. |
Stockbroking
|
Equities, Preference Shares & Convertibles |
| |
On the first £10,000 |
1.50% |
| |
On the next £10,000 |
0.75% |
| |
Thereafter
|
0.50% |
Administration Charges
|
New Client Portfolio Set Up Fee |
| |
(Charged when existing investments are being
brought to the Portfolio Management Service)
0.5% of portfolio value
Min £25 per holding plus stamp duty charges
for Nominee.
Min £15 per holding plus stamp duty charges for non-Nominee.
(Not applicable to cash and in addition to annual
fee) |
Redemption Charges
|
Stock Exchange |
Normal commission terms |
| |
Unit Trusts etc |
£25 per holding |
| |
(Charged on selling investments to cover
administration when no reinvestment takes place for
non-Portfolio Management clients) |
Probate Valuations
|
On first £100,000 |
0.2% |
| |
On next £100,000 |
0.1% |
| |
Excess over £200,000 |
0.05% |
| |
Minimum per holding |
£10.00 |
| |
Minimum per Probate Valuation
|
£75.00 |
| |
All fees subject to VAT
|
|
