How We Are Paid

During the initial free, no-obligation meeting, Richardson Premier Wealth Ltd will assess your requirements, and you will be given clear information about the type of advice and level of service provided by the adviser and how much it will cost.

Regulated By The FCA

You will be given details on how the firm is regulated by the FCA, the range of products we are authorised to advise on and any information we are required to give you.

The details outline the type of products the firm offers advice on, for example, savings and investments, pensions, mortgages, and protection.

Clients Pay For Advice In Two Main Ways

There will always be a cost for your adviser’s service as, like any other business arrangement, you are benefiting from their expertise. Clients pay for advice in two main ways:

  • Fees & Commission

    All new clients pay for our services by an agreed fee; this can be paid directly by the client or through their investments, again this is agreed prior to the commencement of chargeable work. Some existing contracts may still have commissions being paid. If this is able to be paid directly to Richardson Premier Wealth it will be used to reduce or offset your overall fee.

  • Commission only with protection contracts

    We will always tell you about any commission we earn, and the cost of this commission paid out by the provider will normally be factored into the price of your product. These commissions vary with different products and providers but will be documented on the key facts illustration (KFI) you receive from the adviser.

Whether we take our remuneration by way of commission or fees will be a matter of discussion and agreement, and no charges for fees will be made without prior notification in writing.