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Bloomsbury fixes the price for advice service

Fee-based IFA Bloomsbury Financial Planning is unveiling a fixed-price financial planning service for clients who want ongoing access to advice.

Two levels of the service are offered – elite, aimed at clients with more complex finances, and premier for simpler needs.

Elite gives unlimited access to a certified financial planner, unlimited technical work and the updating of the client&#39s financial plan throughout the year for a fixed monthly fee of £250 plus VAT. Any commission generated from product sales are fed back to the client.

The premier option includes up to five hours of financial planning advice and work a year for a fixed monthly fee of £105 plus VAT. It offers a detailed financial analysis by a certified financial planner who looks at whether the individual is on track to achieve their goals, reviewing cashflow management, investment strategy and tax efficiency.

Managing director Jason Butler says: “We know there is a massive demand for an ongoing, client-focused financial planning service which is not based on the selling of products for commission. Our clients tell us that true value is not measured by how much time we spend on their affairs but on the quality of the advice and service that we provide.”

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