A fresh approach to fees
A recent Financial Conduct Authority study found that there was no clear relationship between what was charged and asset performance. In fact, it concluded that many asset managers were poor at being clear with clients on objectives and fees.
Well, not at Murphy Wealth. We like to keep things clear and simple. Refreshingly simple you might say. We apply this to everything we do for our clients and that includes how we get paid.
So, whilst others may charge a percentage of the money invested, we only charge our clients a simple, fixed fee. We advise you and not your money and so our fees are based on the complexity of each of client’s individual circumstances and the amount of work involved.
This approach is better for our clients because its easier to understand and is less costly over time. After all, the work or advice required is often the same regardless of the size of investment. It avoids any potential conflicts of interest and contingent fees for us as advisors, so we’re free to advise you as if it were our own investment.
Our service is bespoke to each individual client and our fees reflect that. We take this approach because we believe it’s a fairer way to do business.
Contact us to find out how we can help you.