Saunderson House readies total cost rate card

Saunderson House is coming up with a total cost of ownership fee structure that will include all advisory, platform, fund and investment costs.

The wealth manager and IFA is developing a total cost of ownership rate card which will lay out upfront charges for all investment costs and services. Chris Sexton, investment director, said he hopes to come up with a range of models which will tell a client upfront how much they will pay, depending on their level of assets and services required. "We are working on a total cost of services project at the moment which is about how much clients are paying across the board," Sexton said. "It is about telling clients: ‘You have £x million of funds, what is it for your platform, your i...