Common use of Wealth Management Clause in Contracts

Wealth Management. If your investments are valued at £320,000 and you have selected the Wealth Management Service (0.5% pa) the ongoing management fee we would receive is £1,600. As this exceeds the minimum ongoing service fee for this service level no other charges would be applied. The total fee payable would be £1,600 per annum. Any change to the level of services throughout this agreement will result in a pro-rata charge being applied. You can choose to pay these fees directly or by deduction from the policy(ies) you hold. Should you wish to pay directly you can spread the payment over a 12 month period by standing order. At each anniversary of this agreement we will revalue your policy(ies) and notify you of any revised annual charges due to any fluctuation of your investment(s) at that time. When the level of on-going services has been agreed these are deemed to commence immediately and are payable yearly in arrears. You can choose to cancel this at any time by providing us with written confirmation of your decision. Payments would then cease within 7 business days or after collection of any due proportion of any period charges if later. This engagement is made between: Southam Financial Planning Ltd And: …………………………………………………………………………. I/We would like to subscribe to the following ongoing service option (please tick the appropriate boxes) I/We understand that the fee for this service is 0.5% of the value of the relevant investments each year, subject to a minimum of £247.

Wealth Management. If your investments are valued at £320,000 and you have selected the Wealth Management Service (0.5% pa%) the ongoing management fee we would receive is £1,600. As this exceeds the minimum ongoing service fee for this service level no other charges would be applied. The total fee payable would be £1,600 per annum. Any change to the level of services throughout this agreement will result in a pro-rata charge being applied. You can choose to pay these fees directly or by deduction from the policy(ies) you hold. Should you wish to pay directly you can spread the payment over a 12 month period by standing order. At each anniversary of this agreement we will revalue your policy(ies) and notify you of any revised annual charges due to any fluctuation of your investment(s) at that time. When the level of on-going services has been agreed these are deemed to commence immediately and are payable yearly in arrears. You can choose to cancel this at any time by providing us with written confirmation of your decision. Payments would then cease within 7 business days or after collection of any due proportion of any period charges if later. This engagement is made between: Southam Financial Planning Ltd And: …………………………………………………………………………. I/We would like to subscribe to the following ongoing service option (please tick the appropriate boxes) I/We understand that the fee for this service is 0.5% of the value of the relevant investments each year, subject to a minimum of £247.