How we work & Fees
Proven Process
We use a proven process called the “Financial Advice Process” which, depending on the complexity of your requirements, consists of 3 or 4 defined steps:
1) Consult
We’ll arrange an initial meeting to identify & understand your goals, gathering all the information we need on an interactive basis, so we can explain costs and provide a further understanding of our services. It’s also your opportunity to ask us any questions you may have.
2) Advise
From step 1 we will devise a strategy that will meet your goals, garnering information from the best products and services that will meet your needs and compile this into a detailed proposal. We will then arrange to discuss this proposal with you explaining our methodology and again enabling you to ask us anything.
3) Implement
If you are happy to proceed with our proposal – and it is absolutely your choice – we will put this into action for you. We’ll keep you updated with our progress at all times.
4) Service
This only applies if you’ve asked us to create a long-term plan for you, for example setting up a pension scheme or investing assets which we will then monitor on your behalf. We will keep in touch regularly to advise any recommendations we have and any relevant changes in the market.
“The biggest adventure you can take is to live the life of your dreams.”
– Oprah Winfrey
Fees to pay
What you pay will be determined by the type of product or service we’re providing. There are usually two types of fees – the “adviser charge” which is an amount we make for doing the work and then “third party costs” that could arise from a specific service, ie mortgage arrangement fees.
We always want to remain transparent about fees so we will discuss these in our initial consultation with you to ensure there are no hidden surprises! We can also discuss any payment options with you if these are preferable and will not carry out any work or incur any charges until you are happy and have agreed in writing.
- Wealth Management: these fees can be a straight %, an hourly rate for work we undertake or a fixed fee.
- Mortgages: you can choose to pay a one-off fee, pay by commission or a combination of the two.
- Insurance: we will normally receive a commission from the product provider, which will be fully disclosed to you at implementation stage.
- Specific charges:these can be standard fees charged by third parties.
“Having used One Financial Solutions for various services, we have always found them extremely helpful and efficient – nothing is too much trouble.”
Contact OFS
We’re more than just financial advisers
At its core, One Financial Solutions believes in restoring humanity to the often impersonal landscape of financial management.
Recognising that each individual’s life, interests, and mindset are pivotal components in the financial journey, offering personalised guidance that transcends mere numbers and charts.
By fostering a deep understanding of our clients’ circumstances, One Financial Solutions empowers individuals to navigate their financial paths with confidence and clarity, ensuring that their aspirations and dreams remain at the forefront of every decision.
