Although best known for its DIY 'Vantage' platform service, Hargreaves Lansdown also has a financial advice service. You can view its fees here.
The annual advice charge of 0.365% looks reasonable for a £500,000 portfolio, although initial advice charges of between 1-2% can mount up. However, Hargreaves Lansdown uses its own investment platform and quite often its own multi manager funds too, both of which can prove expensive and push up overall cost.
From our experience of Hargreaves Lansdown advised customers switching to us, they would typically save several thousand pounds a year overall on a £500,000 portfolio.
We are happy to review existing arrangements from £100,000 to £5m and only take on clients when it's clear we can add value.
Just call us on 0203 397 7280 or drop us an email.