ICF Financial Services

01482 638 300

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How We Are Paid

It’s natural for people to want to know how much we charge for our services and how we are paid. The first thing to establish is that we work for you.

How We Are Paid

It’s natural for people to want to know how much we charge for our services and how we are paid. The first thing to establish is that we work for you. The central principle of independent financial advice is that it should be impartial and unbiased towards any particular provider or investment group. The only way that we can fully demonstrate this is to negotiate and receive the payment for our services from you.

Being realistic, a relationship will only develop if both sides see value in it. We therefore generally suggest we hold a preliminary meeting with new clients for the purpose of establishing whether (i) we will be able to assist you with your needs and objectives and (ii) whether you value the help and advice sufficiently to pay for it and (iii) that we can get on with each other! The cost for this meeting will normally be met by ICF Financial Services Ltd - with no obligation on either side.

Should you choose to instruct us to work with you, we will discuss with you what we charge for our advice, how you will pay for the services that we provide and agree the basis of any charge with you - before any costs are incurred by you.

Generally, the options are : for the fee to be payable by you directly or for the fee to be taken directly from your investment/pension product - or a combination of the two. The cost will usually be the same whichever option is chosen.

On Protection products, it is still possible for our advice to be paid for via commission from the insurance provider and there is therefore no direct charge to yourself. Should you prefer, you do have the option of paying us a fee and we will rebate any commission that was due back into the product to reduce the premium.

Fees may occasionally be subject to VAT but we will advise you whether or not this is the case. Under current legislation commissions do not attract VAT.

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Get in touch

ICF Financial Services
2 Redcliff Road,
Melton, East Yorkshire,
HU14 3RS

Tel: 01482 638300
Fax: 01482 638302

ICF Financial Services/Alan Bell Mortgages
58 Flamborough Road,
Bridlington,
East Yorkshire, YO15 2JN

Tel: 01262 213333
Fax 01262 333471

ICF Financial Services
Medina House,
2 Station Avenue,
Bridlington, YO16 4LZ

Tel: 01262 602456
Email: info@icf-fs.co.uk