How Much Will A Financial Planner Cost? Dennis Explains How Fees May Be Structured.

May 23, 2023

Ask episode

Chapters

Transcript

Episode notes

Welcome to The Century Plan podcast. Dennis Hall and Sarah Steele from Yellowtail Financial Planning Limited bring us The Century Plan podcast, to educate and highlight ways to build a brighter retirement.

Following on from the previous episode, Where Do I Start? Dennis and Sarah discuss different costs, how they are structured, and what you can expect.

Why are there so many different fee structures?

Is there an annual fee?

How much is financial advice?

In this episode, we hear why Dennis decided to step away from the pricing structure used with previous organisations and change his approach to transparent, fixed fee pricing for Yellowtail.

We also hear the hurdles and objections this brought and how he wanted clients to understand exactly what they were paying for.

Useful Information

Host: Dennis Hall

Dennis is a Chartered Financial Planner whose career spans 35 years, mostly in central London. After working for larger organisations (including a spell in Moscow) he founded Yellowtail in 2006 and later relocated the office to Exeter. Dennis's particular expertise lies in Lifestyle Financial Planning, helping busy successful people transitioning from working for a living to financial independence, allowing them to choose whether they work, retire, or something in-between. Dennis regularly writes for the trade press and the finance sectors of national newspapers and also has written a book on getting your financial affairs in order called "Who Will it Hurt When I Die"

Host: Sarah Steele

Sarah joined Yellowtail in 2017 having worked previously at Coutts Bank in Central London. Her role focused on clients in the sports and entertainment industry and, more recently, in private healthcare. It was here she gained valuable insights into the specific financial planning needs of our doctor and dentist clients. In 2022 Sarah became the second Director of Yellowtail and now looks after all non-regulated aspects of the business. Sarah ensures things are continually moving in the right direction.