Our Fees
Financial planning should be clear from the outset.
Before you begin, you should understand what you are paying, how it works, and what you receive in return.
At Castlebay Financial Management, we keep our fee structure simple, transparent, and aligned to the value we provide.
How We Charge
We offer two types of fees depending on the work involved:
1. Initial Fees
Our initial work is charged on an hourly basis.
-
Your first meeting is free
-
We clearly outline all costs before any work begins
-
You only pay for the work required
This approach allows flexibility—whether you need one-off advice or ongoing support.
2. Ongoing Fees
We offer two levels of ongoing service:
Principal Clients – 0.55%
A streamlined service focused on investment management.
Includes:
-
Simple annual review
-
Access to the team for queries
-
Full administration support
-
Discretionary investment management
-
Monthly newsletter and webinars
Strategic Advice – 0.75%
A full financial planning service designed for clients who want ongoing advice and structured support.
Includes:
-
Annual review and regular check-ins
-
Ongoing financial planning
-
Cashflow modelling and scenario testing
-
Investment advice or discretionary management
-
Tax planning and structuring
-
Support through key financial decisions
How Our Fees Work
Our ongoing fee is typically a percentage of the assets we manage.
This keeps things aligned:
-
If your investments grow, our fee grows
-
If they fall, our fee reduces
Fees are usually deducted directly from your investment or pension and are shown clearly on your statements.
In addition, there may be:
-
Platform charges (for holding your investments)
-
Investment costs (for funds or portfolios)
We monitor these as part of your plan to ensure they remain competitive and appropriate.
What You Receive in Return
Financial planning is not a one-off event.
It is an ongoing process designed to support better decisions over time.
Depending on the service you fee can provide access to:
-
Regular reviews to keep your plan on track
-
Ongoing financial planning as life evolves
-
Cashflow modelling to test decisions
-
Investment oversight and rebalancing
-
Tax planning support
-
Ongoing access to advice when you need it
Where the Real Value Sits
It is easy to focus on investment performance.
But much of the value of financial planning comes from decisions, not markets.
.jpg)
This includes:
-
Avoiding unnecessary tax
-
Creating sustainable retirement income
-
Staying disciplined during market volatility
-
Making informed decisions at key life moments
-
Adjusting plans as circumstances change
This value is not always visible—but over time, it is often what makes the biggest difference.
What You See…
and What You Don’t
You will see:
-
Review meetings
-
Valuations and performance
-
Calls and communication
But behind the scenes, there is continuous work:
-
Refining your financial plan
-
Monitoring your income sustainability
-
Managing investment risk
-
Reviewing tax efficiency
-
Responding to market and economic changes
-
Providing behavioural support during uncertainty
This ongoing work is what helps keep your plan on track.
The Castlebay Police Transition
The Castlebay Way
We focus on structure over speculation.
Our role is to help you:
-
Stay focused on what matters
-
Avoid reacting to short-term noise
-
Make decisions with clarity and confidence
Ensuring Fair Value
A Long-Term Relationship
Financial planning works best over time.
We are here to support you through:
-
Life changes
-
Important financial decisions
-
Periods of uncertainty
You can contact us at any time—not just at review meetings.
We regularly review our fees and services to ensure they represent fair value.
This includes:
-
Assessing the service you receive
-
Reviewing your plan as your circumstances change
-
Monitoring overall costs
This aligns with our responsibility to deliver good client outcomes and long-term value.
Frequently Asked Questions
Do I have to commit to ongoing fees?
No. We can provide one-off advice if that is more appropriate for your needs.
What is included in the ongoing fee?
This depends on the service level, but typically includes reviews, planning, investment oversight, and ongoing support.
Are there any hidden costs?
No. All fees are clearly explained upfront. Any additional costs (such as platform or investment charges) are outlined as part of your plan.
How are fees paid?
Fees are usually deducted directly from your investment or pension, making the process simple and transparent.
Can my service level change over time?
Yes. As your circumstances evolve, we will review whether your level of service remains appropriate.
How do you ensure your fees represent value?
We regularly review outcomes, service delivery, and overall costs to ensure you receive fair value over time.
A Final Thought
Financial planning is not just about growing wealth.
It is about giving you confidence in your decisions and clarity about your future.
That is where the real value lies.
Who We Work With
We support individuals, couples and business owners at all life stages:
Financial Planning for Professionals
Helping you manage tax, investments and long-term planning with clarity—so your finances support your career and future.
Financial Planning for Business Owners
Navigating profit extraction, tax planning, succession and building wealth beyond your business with clarity and structure.
Retirement Planning for Retirees
Turning your pensions and investments into a sustainable income so you can approach retirement with clarity and confidence.
Understanding complex pension schemes, early retirement and the McCloud remedy.
Building financial independence, navigating life changes and planning for long-term security with clarity and confidence.
Financial Planning for Families
Supporting your family’s future through clear planning around savings, protection, inheritance and long-term financial security.