Octopus Money fees explained
Octopus Money charges £299 to create a plan, after a free video chat. If you invest through it, the Financial Planning tier charges 0.58% to 0.60% a year in portfolio, platform and fund charges, which is £580 to £600 a year on £100,000. The Wealth Planning tier, for £200,000 or more, adds a 0.75% advice fee for an average of 1.25% a year, plus 1% of investments transferred in. These figures are from Octopus Money's fees page.
Figures checked 27 October 2026.
Fees by service
| Financial Planning | Wealth Planning | Digital Adviser | |
|---|---|---|---|
| Minimum | None | £200,000 | Not for anyone with more than £200,000 |
| Creating your plan | £299 | £299 | Not stated |
| Initial charge | None stated | 1% on transferred investments, 0% on cash | None stated |
| Advice fee | None | 0.75% a year | 0.75% a year |
| Portfolio management | 0.10% | 0.10% | 0.10% |
| Platform | 0.40% | 0.20% | 0.20% |
| Funds | 0.08% to 0.10% | 0.12% to 0.20% | 0.07% to 0.11% |
| Total a year | 0.58% to 0.60% | Average 1.25% | 1.12% to 1.16% |
| SIPP | Not stated | £125 plus VAT a year | Not stated |
The Digital Adviser total is the sum of the components in its terms; the terms do not state a total. Octopus Money charges £0 to top up, switch, withdraw or close, and takes fees monthly in arrears.
In pounds
| Invested | Service | Each year | Over ten years at the same value |
|---|---|---|---|
| £50,000 | Financial Planning at 0.60% | £300 (£25 a month) | £3,000 |
| £100,000 | Financial Planning at 0.60% | £600 | £6,000 |
| £250,000 | Wealth Planning at 1.25% | £3,125, plus £2,500 initial on transferred investments | £31,250, plus £2,500 |
| £500,000 | Wealth Planning at 1.25% | £6,250, plus £5,000 initial on transferred investments | £62,500, plus £5,000 |
Percentage fees rise and fall with the value of the investments; the ten-year column holds the value flat to show the charge alone.
Employers
Octopus Money's workplace pricing page prices its guidance tier by company size and engagement needs, on quote. Its planning tier is £299 per employee, charged only for employees who opt in, and paid by the employer, through salary sacrifice, or shared. Its third tier is paid entirely by the employee.
Buzz charges employers £1 per employee a month for guidance, with a £99 minimum, and £299 per employee who takes a Money Road Map. The Buzz employer offer
How Buzz charges
Buzz charges fixed fees in pounds and does not manage investments: a free Healthcheck and starter call, a £299 Money Road Map, coaching from £19 a month, a £1,500 Financial Plan and ongoing planning at £49 a month. All Buzz prices
Common questions
Is the Octopus Money plan a one-off fee?
Octopus Money's fees page lists £299 for creating your plan on both its Financial Planning and Wealth Planning services.
How are Octopus Money's fees taken?
Its fees page says fees are worked out daily and taken monthly in arrears, with no charge for topping up, switching, withdrawing or closing.
Did Octopus Money's fees change in 2026?
Octopus Money's Digital Adviser terms were updated on 5 January 2026. Its help centre records that the advice fee rose from 0.55% to 0.75% and the platform fee fell from 0.40% to 0.20%, leaving the total unchanged.
What does Buzz charge for ongoing help?
Coaching is £19 a month for a session every quarter or £49 a month for monthly sessions. Ongoing planning, which re-runs your Financial Plan each year, is £49 a month.