Charges

You can deal with us by phone, post or online. Witan Wisdom offer charging structures that reflect the route you choose; a 1% (minimum of £1.25) for investors who prefer to deal by phone or post or you have the option of dealing online where you can either enter your own trade at a cost of £15 flat fee or transact through an aggregated deal at a cost of 1% (minimum of £1.25).

Below is a table outlining the amount of dealing charge based on various lump sum investment sizes:

Lump Sum Online / Online Bulk Telephone Postal
£500 £15 / £5 £5 £5
£1,000 £15 / £10 £10 £10
£1,500 £15 / £15 £15 £15
£2,000 £15 / £20 £20 £20
£5,000 £15 / £50 £50 £50
£10,000 £15 / £100 £100 £100
Regular Savings 1% (minimum of £1.25) 1% (minimum £1.25)

In addition to the dealing charge, there are also fees/charges payable on the following:

  • Dividend reinvestment is charged at 1% (minimum of £1.25)
  • ISA investors are charged an additional annual management fee of £30 (+VAT). This is a flat fee irrespective of how many ISAs held or which investment trusts are held
  • ISA transfers out are charged at £20
  • Main Register certification is charged at £20 (+VAT)
  • Government Stamp Duty of 0.5% is payable on all equity puchases