Hargreaves Lansdown financial advice fees
Hargreaves Lansdown charges 2% on the first £200,000 for financial planning advice and 1.5% from £200,000 to £1m, with nothing on the balance above £1m and a £1,495 minimum. Investment advice alone is 1.5% up to £1m, with a £995 minimum. Ongoing advice is 0.365% a year. On £250,000 that is £4,750 for financial planning and £912.50 a year ongoing, plus VAT where it applies. HL's account charge on funds is 0.35% a year up to £250,000.
Figures checked 31 October 2026.
HL initial advice charges
| Amount advised on | Financial planning | Investment advice |
|---|---|---|
| Up to £200,000 | 2% | 1.5% |
| £200,000 to £1m | 1.5% | 1.5% |
| Above £1m | 0% | 0% |
| Minimum charge | £1,495 | £995 |
From HL's advisory charges page on 31 October 2026. All figures exclude VAT, which HL's adviser confirms where it applies. Defined benefit pension transfers have a separate fee structure.
HL advice fees in pounds
| Amount advised on | Financial planning, once | Ongoing at 0.365% a year | Ten years of ongoing at the same value |
|---|---|---|---|
| £100,000 | £2,000 | £365 | £3,650 |
| £250,000 | £4,750 | £912.50 | £9,125 |
| £500,000 | £8,500 | £1,825 | £18,250 |
| £1,000,000 | £16,000 | £3,650 | £36,500 |
£100,000 and £500,000 match HL's own examples. VAT is added where it applies, and the ongoing charge moves with the value of the investments.
HL account charges
| Held in funds | Charge a year |
|---|---|
| Up to £250,000 | 0.35% |
| £250,000 to £1m | 0.25% |
| £1m to £2m | 0.10% |
| Above £2m | None |
Shares, investment trusts and ETFs are charged 0.35% a year, capped at £12.50 a month. A one-off online fund trade costs £1.95. From HL's ISA charges page; its advice pages do not state the account charge for advised clients.
Common questions
Does HL charge a minimum fee for advice?
Yes. £1,495 for financial planning and £995 for investment advice alone, plus VAT where it applies.
What does HL charge for a final salary pension transfer?
HL's advisory charges page states that advice on transferring a defined benefit pension has a separate fee structure, which your adviser discusses with you. It does not publish the amount.
Is ongoing advice included?
No. Ongoing advice is an additional 0.365% a year of the investments it covers, plus VAT where it applies.
How does Buzz charge?
Buzz charges fixed fees in pounds: a £1,500 Financial Plan that models every year to age 100 with UK tax applied, and ongoing planning at £49 a month, whatever you hold. Buzz does not manage investments or give regulated advice; if you want a recommendation, it can introduce you to Buzz Financial Services, a separate FCA-regulated firm, or you can choose any adviser on the FCA register.