Elson Associates' Charges Tariff

Charges tariff

Which investments will incur our ongoing service fees?

Our ongoing service fees are payable on all third party platform investments (such as those held with Aegon and Fidelity FundsNetwork) where (i) we are the servicing agent and (ii) on which no commission is payable. Our ongoing service fees are also charged on any commission-free investments held directly with the fund managers (off platform) where we are the servicing agent.

How much will you pay?

Our ongoing service fee for investments held via a platform is a competitive 0.35% of the value of your investments.

On commission-free investments held directly with the fund managers, our ongoing service fee is 0.4%, with the exception of Invesco's facilitated intermediary fee arrangement for which our charge is 0.04% per month (equivalent to 0.48% per annum). If using this arrangement to pay our ongoing service fee on your direct Invesco holdings, they (Invesco) will deduct from your investment 0.04% of its value each month by way of unit cancellation.

Investing through a platform ensures that you do not pay any initial charges on your funds. When you invest directly with a fund manager, initial charges may still apply.

Our service charges are in addition to fund manager annual management fees and the platform providers' own service fees. Please see the tables below showing a breakdown of the charges you'll pay when you invest through us via Fidelity FundsNetwork and Aegon.

Fidelity FundsNetwork - over 5,300 funds available

If you wish to view the charges of a particular fund through Fidelity FundsNetwork, you can search for the fund here.

  Elson Associates Fidelity FundsNetwork Investment company Total
Initial fee 0% 0% 0% 0%
Annual fee 0.35% 0.25% 0.75%* 1.35%
1 year cost on £10,000 £35 £25 £75 £135

* Investment company typical fund management fee.

Aegon - over 5,000 funds available

If you wish to view the charges of a particular fund through Aegon, you can search for the fund here.

  Elson Associates Aegon Investment company Total
Initial fee 0% 0% 0% 0%
Annual fee 0.35% 0.20%** 0.75%* 1.30%
1 year cost on £10,000 £35 £20 £75 £130

* Investment company typical fund management fee.

** for investments up to £499,999. Then it's 0.18% up to £999,999 and 0.15% on any amount held in excess of £1m. Contact us for further details.

Fee collection

FundsNetwork

The Fidelity FundsNetwork and Elson annual service fees are payable by unit deduction each month. If you would prefer to fund your charges with cash, you can set up a Cash Management Account with Fidelity for this purpose. Please contact us and we will be happy to help you.

Aegon

The Aegon and Elson annual service fees are payable by unit deduction each month. If you don't want Aegon to sell units/shares to pay the service fees, you need to make sure that you keep enough money in your General Investment Account (GIA) to cover them. If you would like more information on adding funds to your GIA, please contact us and we will be happy to help you.

Funds held directly with the fund managers

We collect our ongoing service fee on your directly held commission-free investments by direct debit from your nominated bank account every six months (in February and August). You will be sent a breakdown of the charges we have levied prior to collection. We do not charge an initial fee for arranging commission-free funds.

Other investments

As an execution-only provider, we are still able to re-invest and receive balance commissions on some products but for those that do not pay commission, we will charge the following one-off fees:

  • With Profits bonds - 1%
  • Investment bonds - 1%
  • VCTs - 1%

(equivalent to £100 on an investment of £10,000)

Pensions and SIPPS (Aegon only) - Please contact us as charges may vary.

Services included in our all inclusive fee

Elson Associates does not give advice, but we do offer a cost-effective range of services tailored to suit investors happy to do their own research and make their own investment decisions.

Dealing
  • All new applications including postal, online, telephone dealing, monthly contributions, transfers and top-ups.
  • Fund switches.
  • Stock transfers.
  • Account closure.
  • Selling funds (We do however suggest that this is done by you as most companies require you to action this and it will save you time).
Research and information
  • Online quick fund research featuring fund performance, sector positions, quartile rankings and prices.
  • Portfolio scanner which analyses your portfolio at the click of a button showing the asset split, region split and sector split together with overall performance data and top holdings for the whole of your portfolio.
  • Leaders, Laggards and Losers provides a rating for over 2,000 funds highlighting both the out-performers and under-achievers over a three year period. You'll now be able to see at the click of a button just how well (or badly) your funds are doing compared to their peers.
  • Online account with valuations and fund monitoring updated automatically daily with prices and monthly by unit position.
  • Online detailed fund research featuring fund performance, sector positions, quartile rankings, prices, yields, charting tool, factsheets, KIIDs plus much more.
  • Online brochure request facility.
  • Regular newsletter.

"Unlike other brokers, we do not charge for additional services"

Back to top

Terms of Business   |   Terms of website   |   Privacy policy   |   Cookie declaration   |   Copyright notice   |   Disclaimer

Elson Associates does not offer advice as to the suitability of investments. If you are unsure whether an investment is suitable for you, you should obtain expert advice. Past performance of an investment is not necessarily a guide to its performance in the future. The value of investments or income from them may go down as well as up. You may not necessarily get back the amount you invested.

Trustpilot
Elson Associates Facebook Page
Elson Associates Twitter Page
Elson Associates LinkedIn Page

Elson Associates plc, 5 Queen Street, Kings Hill, West Malling, Kent, ME19 4DA | Freephone: 0800 0961111

Authorised and Regulated by the Financial Conduct Authority

Registered in England No. 3595128