Our fees and charges

Self-directed investing

Understanding investment costs can be complex, so we’re committed to making this process as transparent and straightforward as possible. Our goal is to ensure you have a clear picture of all fees and charges before making any decisions.

Fees and charges document

Brewin Portfolio Service (BPS) offers a simple, two-part fee structure

Part 1: Service fee

Our annual service fee is 0.45 percent of the value of your portfolio. This gives you access to an investment solution carefully created by our in-house experts.

Part 2: Underlying fund charges

You will also pay charges on the underlying funds in which your money is invested. These are deducted monthly by the fund managers before your returns are paid, so you don’t see them, but you need to know about it.

Underlying fund charges – Passive investing

Strategy Name	Service fee	Underlying fund charges	Total cost
Passive risk level 3	0.45%	0.09%	0.54%
Passive risk level 4	0.45%	0.09%	0.54%
Passive risk level 5	0.45%	0.08%	0.53%
Passive risk level 6	0.45%	0.08%	0.53%
Passive risk level 7	0.45%	0.07%	0.52%
Passive risk level 8	0.45%	0.07%	0.52%

Underlying fund charges – Active investing

Strategy Name	Service fee	Underlying fund charges	Total cost
Active risk level 3	0.45%	0.61%	1.06%
Active risk level 4	0.45%	0.63%	1.08%
Active risk level 5	0.45%	0.63%	1.08%
Active risk level 6	0.45%	0.64%	1.09%
Active risk level 7	0.45%	0.66%	1.11%
Active risk level 8	0.45%	0.73%	1.18%

How much is that in real money?

The tables below illustrate, in cash terms, exactly how much you’ll pay for the management of Brewin Portfolio Service (BPS).

As you can see, the charges rise depending on the portfolio balance. Any other charges that may apply, such as for withdrawals or account closures, can be seen in our fees and charges document.

Example of annual charges for our Passive style

Portfolio value	£500	£5,000	£9,000	£20,000	£50,000	£100,000
Service fee @ 0.45%	£2.25	£22.50	£40.50	£90	£225	£450
Service fee charged monthly*	£0.19	£1.88	£3.38	£7.50	£18.75	£37.50
Estimated underlying fund charges, OCF @ 0.09%	£0.45	£4.50	£8.10	£18	£45	£90
Total estimated annual cost	£2.70	£27	£48.60	£108	£270	£540
Total estimated % charge	0.54%	0.54%	0.54%	0.54%	0.54%	0.54%

Total cost of £27 per year on a Passive portfolio value of £5,000

Example of annual charges for our Active style

Portfolio value	£500	£5,000	£9,000	£20,000	£50,000	£100,000
Service fee @ 0.45%	£2.25	£22.50	£40.50	£90	£225	£450
Service fee charged monthly*	£0.19	£1.88	£3.38	£7.50	£18.75	£37.50
Estimated underlying fund charges, OCF @ 0.73%	£3.65	£36.50	£65.70	£146	£365	£730
Total estimated annual cost	£5.90	£59	£106.20	£236	£590	£1,180
Total estimated % charge	1.18%	1.18%	1.18%	1.18%	1.18%	1.18%

Total cost of £59 per year on an Active portfolio value of £5,000

What this means for a £5,000 investment

Based on a portfolio value of £5,000 we estimate your total charges in a year would be £27 for one of our Passive solutions or £59 for one of our Active solutions (some people prefer to see these figures as a percentage of their £5,000, which would be 0.54% and 1.18% respectively).

*Our service fee makes up £22.50 of this, which will show on your statement as a £1.88 monthly deduction regardless of whether you are in Active or Passive.

The remaining fee is the ongoing charges figure (OCF) to cover the investment costs (management, transaction, administrative). This is taken by the investment managers before the returns are paid and will not show as a deduction on your statement, but you should be aware of it. OCF costs are typically between:

0.07% and 0.09% per year for our Passive solutions
0.61% and 0.73% per year for our Active solutions

A human touch

We know how important the human touch is. Our UK-based experts are on hand to answer your questions. You can call us or email us whenever you need support.

Call us on 0333 207 9003
Monday to Friday 8am to 6pm
Saturday 8am to 12pm

Email us at customer.services@brewin.co.uk

Write to us at:
Brewin Portfolio Service
Sixth Floor, Atria One
144 Morrison Street
Edinburgh, EH3 8BR

BPS accounts

Junior ISA

Give your child a financial head start. Invest up to £9,000 per child each tax year with income and growth free from tax.

Stocks and Shares ISA

Make your money go further. Invest up to £20,000 per tax year in the stock market, with tax-free returns and withdrawals anytime.

General Investment Account

Used up your ISA allowance? With this account, there are no limits to how much money you can invest. Withdrawals can be made at any time, with profits taxed.

Bare Trust*

Bare trusts are a simple form of trust often used to invest money for a child until they’re 18. They let you withdraw money under limited circumstances before the child turns 18, for things like education (but returns may be taxed).

* To open a Bare trust, contact us directly.

This does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future. You should always check the tax implications with an accountant or tax specialist. Information is provided only as an example and is not a recommendation to pursue a particular strategy.