View more on these topics

Ken Davy’s Sandringham reveals member fees

Steve Braidford Sandringham 2012
Steve Braidford

SimplyBiz chairman Ken Davy’s restricted national proposition Sandringham Financial Partners has confirmed its pricing structure.

The charging model sees founding partners of Sandringham charged 15 per cent of their turnover up to £100,000 and 5 per cent above that level.

The charge includes professional indemnity cover and FSA fees and professional body membership fees. Sandringham says the professional body will be decided by the end of the year.

Sandringham managing director Steve Braidford says: “We have worked hard to ensure our pricing structure is as low as we could possibly make it whilst including all the elements of the proposition.”

Davy says: “A partner of Sandringham will benefit from significantly lower costs than alternative offerings in the market. Even more importantly Founding Partners will have the opportunity to be much more profitable because of the client focussed framework they will be able to deliver to their clients.”


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. So in an era of shrinking revenues, client banks etc another (psuedo) network offers a great deal to IFAs – aye, right.

    Me thinks Ken needs to boost his pension more like.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm