Having a child, changing career, losing a parent, retiring. It’s often key moments in life that make us reconsider our priorities and our financial plans. Whatever’s happening in your life right now, your Premier Relationship Manager can help you to not just adapt but to thrive.
They'll spend time getting to know your current situation and future ambitions to help you put meaningful plans in place.
You can receive HSBC Premier Financial Advice if:
Once we’ve fully understood your situation and requirements, we can make personalised recommendations on many aspects of your financial life – from protecting your family to passing on your wealth.
To help you achieve your objectives, we’ll recommend from a wide range of investment products and protection policies – hand-picked from a limited number of carefully selected providers, including HSBC.
Your adviser will discuss with you the types of advice we can offer and the products we can recommend before you begin. They'll also explain the areas on which we can’t provide advice, such as tax planning.
Of course, the value of investments and any income they generate can go down as well as up, meaning you may not get back the full amount you invest.
Bear in mind that most investments should be held over the medium to long-term and therefore you should be prepared to commit your money for at least 5 years.
We typically provide financial advice over 2 meetings – although this can be adapted to suit you.
If you want to implement our recommendations, you’ll pay an advice and implementation fee of 2.75% of the amount invested or a minimum charge of £960.
If you choose not to invest, you’ll pay an advice fee of £420 to cover the cost of generating your personalised report – which of course is yours to keep.
To find out more or to book an appointment, please call us.
Instead of a full review of your finances, you may just need what we call ‘standalone’ investment or protection advice. Standalone advice provides an answer to a straightforward question – such as ‘how can I make my money work harder?’ or ‘how much life insurance do I need?’.
For standalone investment advice, your adviser will recommend from a series of diversified HSBC multi-asset funds. The fee is less than that of a full financial review fee. Please ask your adviser for details.
For standalone protection advice, your adviser will recommend either an HSBC Life Insurance policy or a policy from a limited number of other carefully-selected protection providers. In either case, there’s no advice fee - we receive a small commission from the protection provider of which your adviser will give you full details.
We know that some people prefer to do things online or by phone. That’s why we’ve developed 2 other ways of providing you with high-quality investment advice – both of which are fully regulated.
To find out about getting investment advice online or by phone, read our advice options page.
To find out more about the wider industry, including how to seek independent financial advice, you can visit moneyadviceservice.org.uk
Accessible and affordable – how advice could pay for itself