| Name | Logo | Minimum | Initial Fees | Ongoing Fees | Customer Reviews | CTA | Tag | Feature | Expand |
|---|---|---|---|---|---|---|---|---|---|
 | Minimum £250,000 | Initial Fees 1%-2% | Ongoing Fees 0.6%-1.5% | Customer Reviews | Featured Financial Planner | Features:
| Saltus Expert Review: Best Wealth Manager 2025 Provider: Saltus Verdict: Saltus won "Best Wealth Manager" in the 2025 Good Money Guide Awards for it's tailored financial planning and investment services. Saltus stands out in the UK wealth management industry by blending personalised financial planning with a sophisticated investment approach more often found in institutional circles. Founded in 2004, the firm manages over £10 billion in assets and holds Chartered status for its financial planning division, reflecting high standards in advice. Summary
Saltus takes a highly personalised route from the outset, matching clients with advisers who align with their goals and communication preferences. Their planning process includes robust cashflow modelling and tax optimisation, resulting in comprehensive strategies that span life planning and investment management. Their investment performance, as independently benchmarked by the ARC Private Client Indices (ARC PCI), is particularly impressive. Saltus has outperformed peers over 3, 5, and 10-year periods across cautious, balanced, growth, and equity risk categories — all while generally taking less risk. For instance, their core Growth strategy delivered an annualised 7.2% return over five years to the end of 2025, compared to 4.6% for the ARC benchmark. Fees are competitive and decline as portfolios grow, with no exit charges and transparent upfront costs, especially for larger portfolios. The ongoing cost for a £1.5m client portfolio in their core investment strategies is around 1.45% (including financial planning), and investment-only clients benefit from reduced charges. Client satisfaction is high, reflected in a 2025 Net Promoter Score (NPS) of 67 (well above the financial services average) and a 97% client retention rate. For context, Apple’s 2025 NPS score was 61 and Amazon’s 47. Bain & Co suggest that a score of 70 or more places a company in the ‘world-class’ category. A good choice for high-net-worth individuals seeking top-tier financial planning and strong, risk-adjusted investment performance. Pros
Cons
Overall5 | ||
| | Minimum £50,000 | Initial Fees £0 | Ongoing Fees 1.1% | Customer Reviews | Features:
| JM FINN Wealth Management ReviewProvider: JM Finn Verdict: JM Finn provides bespoke wealth management services, including discretionary portfolio management, advisory services, and financial planning. JM Finn cater to high-net-worth individuals, families, trusts, and charities looking for long-term investment strategies and financial advice. Is JM Finn a good wealth manager? Yes, we rate JM Finn as a very good wealth manager who offer a high-quality, personalised investment management service that aims to meet the individual demands of today’s private and professional investors. JM FINN won our award for best wealth manager in 2024, 2023, 2022 and 2021. JM FINN also have one of the lowest minimum account opening thresholds with clients being able to open an account from £50,000. Fees: JM Finn’s charges a flat 1.1% annual management fee, based on the value of the assets under management, plus additional charges for specific services. Pros
Cons
Overall5 | |||
| | Minimum £500,000 | Initial Fees 0.25%-3% | Ongoing Fees 0.4%-1% | Customer Reviews | Features:
| 7IM Wealth Management ReviewProvider: 7IM Verdict: 7IM provides wealth management, investment management, and financial planning services to individuals, families, charities, and institutions. Their services include discretionary portfolio management, retirement planning, and a range of investment products designed for long-term growth and wealth preservation. Is 7IM a good wealth manager? A good all-round wealth manager for clients with £500k upwards. A simple pricing structure also helps keeps costs low. 7IM has a solid reputation for combining innovative technology with traditional wealth management services. They are known for their client-centric approach and transparent investment strategies. Their use of cutting-edge technology, such as their platform for managing investments, sets them apart in the wealth management space. Fees: 7IM has an initial charge for advice, research and arranging investments which is tiered from 3% to 0.25% f the sum invested as set out below: Up to £300k – 3% 7IM ongoing fees are charged based on a % of the relevant investment funds as per the table below: £300k to £2m – 1.0% Pros
Cons
Overall5 | |||
| | Minimum £250,000 | Initial Fees 0.25%-3% | Ongoing Fees 0.4%-1% | Customer Reviews | Features:
| Partners Wealth Management Expert ReviewProvider: Partners Wealth Management Verdict: Partners Wealth Management provides tailored financial planning and wealth management services to high-net-worth individuals, families, and professionals. PWM specialize in retirement planning, estate planning, tax-efficient investing, and holistic financial advice to help clients meet their long-term goals. Is Partners Wealth Management a good wealth manager? PWM is known for its personalized approach, working closely with clients to create comprehensive financial plans. Their advisers are highly experienced, and the firm consistently receives positive feedback for its attentive service and ability to adapt strategies to individual circumstances. Fees: PWM typically charges fees based on the assets under management and may include additional costs for specific services like financial planning and advice. The exact costs depend on the client’s portfolio and needs, and it’s recommended to consult with PWM for a personalized fee structure. PWM initial fees are charged when opening an account: Up to £300k – 3% PWM ongoing fees are based on client assets under management and scaled as below: £300k to £2m – 1.0% Pros
Cons
Overall5 |
What Exactly Does a Financial Planner Do?
A financial planner helps you make sense of your entire financial picture and turn it into a structured plan. Rather than focusing on a single product, they look at how your income, savings, investments, pensions, property and protection fit together over the short, medium and long term. The aim is to help you achieve specific life goals, such as retiring comfortably, buying a home, funding children’s education or passing on wealth efficiently.
In practice, a financial planner will assess your current position, discuss your objectives and create a long term financial plan. This often includes cashflow modelling to show how your money may grow over time, recommendations on how much to save or invest, guidance on pensions and tax allowances, and advice on managing financial risks such as illness or loss of income. Many financial planners work with clients on an ongoing basis, reviewing and adjusting plans as circumstances change.
What Is the Difference Between a Financial Advisor, Wealth Manager and a Financial Planner?
The terms financial advisor, wealth manager and financial planner are often used interchangeably, but they describe slightly different approaches.
A financial advisor is the broadest term. In the UK, a financial advisor is authorised and regulated by the Financial Conduct Authority and can give advice on investments, pensions, ISAs, insurance and other financial products. Some advisors focus on specific areas, while others provide holistic advice.
A financial planner is usually a type of financial advisor who specialises in long term planning rather than individual transactions. Their focus is on goals, cashflow, retirement planning and making sure different parts of your finances work together. Financial planning tends to be more relationship driven and ongoing.
A wealth manager typically works with higher net worth clients. Alongside financial planning, they often provide discretionary investment management, estate planning and more bespoke services. Wealth management is usually aimed at people with larger portfolios and more complex financial needs.
How Much Money Do You Need to Work With a Financial Planner?
There is no legal minimum amount of money required to work with a financial planner, but practical minimums often apply. Many independent financial planners will work with clients at different stages of life, including those building wealth rather than already having it. Financial planning can be particularly valuable if you are making major decisions such as retirement planning, receiving an inheritance or selling a business.
Wealth management firms often set higher minimums, commonly starting at around £250,000 of investable assets, although this varies by firm. These thresholds exist because more complex planning and portfolio management becomes cost effective at higher asset levels.
What Is the Best Financial Planning Firm?
There is no single best financial planning firm for everyone, as the right choice depends on your goals, assets and the level of service you want. However, some firms stand out for their reputation, service quality and client satisfaction. Saltus is a notable example. Saltus was voted Best Wealth Manager in the 2025 Good Money Guide Awards and also offers comprehensive financial planning as part of its service. The firm combines long term financial planning with investment management, tax planning and retirement advice, making it suitable for clients who want a joined up approach rather than isolated recommendations.
Award recognition, transparency on fees, clear communication and strong regulatory credentials are all important factors when deciding which financial planning firm is right for you.
How Much Does Financial Planning Cost in the UK?
The cost of financial planning in the UK varies depending on the complexity of your finances and the level of service provided. Some firms charge a fixed fee for an initial financial plan, which can range from around £1,000 to £3,000 or more. This usually covers analysis, cashflow modelling and written recommendations.
Ongoing financial planning and advice is often charged as a percentage of assets under advice, typically between 0.5 percent and 1 percent per year, although flat fee arrangements are becoming more common. Wealth management services may have additional investment management costs on top.
A good financial planner should clearly explain their fees upfront and show how their advice adds value, both financially and in terms of peace of mind.