Towry charging structure from January 2011

Cautious_Investor_3

Hi

Is anyone interested in seeing the new Towry charges from January 2011?

If they are I'll post them here, have just got a copy myself.

The Cautious Investor

feesarefare

Cautious_Investor wrote: »

Hi

Is anyone interested in seeing the new Towry charges from January 2011?

If they are I'll post them here, have just got a copy myself.

The Cautious Investor

I would be interested to see their "fee" structure.

feesarefare

Are you going to post them or not ?

Loughton_Monkey

One of the more riveting posts! I'm wetting myself with excitement.

feesarefare

hes such a tease!

Loughton_Monkey

OK. Let's make it up.

Towry Charging Structure 2011

1. Cut and blow job.........£35.00
2. Investment Advice......£735.56
3. Share Dealing.........£35 per share
4. Er......
5. That's it.

feesarefare

Loughton_Monkey wrote: »

OK. Let's make it up.

Towry Charging Structure 2011

1. Cut and blow job.........£35.00
2. Investment Advice......£735.56
3. Share Dealing.........£35 per share
4. Er......
5. That's it.

Do you have to have the cut as well?:D

Although like all Towry's other charges, not doubt £35 represents excellent value for money(in their opinion!!!)

Loughton_Monkey

feesarefare wrote: »

Do you have to have the cut as well?:D

Only if you are Jewish.

feesarefare

Loughton_Monkey wrote: »

Only if you are Jewish.

Thats good to know!

A most informative thread - thanks Cautious Investor

Cautious_Investor_3

feesarefare wrote: »

Thats good to know!

A most informative thread - thanks Cautious Investor

Sorry guys, man flu has struck me down over the past few days.

I'll try and post it tomorrow.

Cautious_Investor_3

Hi

Got round to it sooner than I thought I would.

Here goes, this is from a longer document but the headlines are as follows (E&OA)

Annual charge £25 plus VAT, per quarter in advance per account

Trade Charges (Purchase, sale, min charge, max charge)

UK Equities 1%, 1%, £35, £100
Mutual funds 2.5%, nil, £35, £100
ETFs 1%, 1%, £35, £100
Overseas Equities 1%, 1%, £50, £100
Corporate Bonds 1%, 1%, £50, £100
Gilts 1%, 1%, £50, £100

Other Charges

In specie transfer out: £50 per lind of stock per account
ISA account transfer: £100 plus VAT
Ad hoc valuations: £50 + VAT per valuation

I hope this helps, far from the cheapest firm out there, assuming of course they still want your business!

The Cautious Investor