Elevate charges

More about Elevate’s charges

Simple pricing structure

• Clients are charged the lowest portfolio rate they qualify for.
• When a reduced charge tier is reached, the charge applies to the client’s whole portfolio.
• Charges are clear. You and your clients will always see a full breakdown of payments.

Competitive rates

• Elevate’s clearly defined charging tiers mean fees are reduced as your clients’ investments increase.
• Clients who link accounts with family members pay the portfolio charge for the total of combined investments. Charges could be reduced further by qualifying for a lower price tier.

Complete flexibility and no hidden charges

• There aren't any extra switching charges if you move your clients’ money between funds.
• There aren't any additional charges for using model portfolio functionality or tools.
• There aren't any withdrawal or transfer-out charges.

At a glance: Elevate's charges

Jargon in financial services can be confusing, which makes it hard for your clients to compare services or understand what they’ll pay. This document identifies the main components of platform charges and explains what these different charges might look like.

• Comparing platform charges - Elevate

For more information about Elevate’s pricing, please see our charges guides.

Initial adviser charge

Ongoing adviser charge (drawdown)

Elevate portfolio charge

More value for families

When accounts are linked for family terms, the Elevate portfolio charge is based on the combined value of the linked accounts, which may reduce platform charges. We can link up to 10 accounts.

For more information on family terms, including terms and conditions, please see our Understanding family/couples discount guide.

Please note: linking family accounts isn't done automatically by the platform.

Making it easy for you

Pre-fund your clients' investments

As time out of the market can have a big impact on your clients' investments, Elevate can pre-fund new investments, fund switches and pension tax relief for your clients at no extra cost, even if their funds have yet to clear.

Pre-funding can help you:

• Prevent undue delays when investing your clients’ money
• Remove the guesswork by reducing the time out of market
• Maintain complete control of your clients’ investments

More about interest rates and Elevate’s cash management administration charge

For the various cash accounts held within your client’s Elevate account, we apply a cash management administration charge (CMAC).

The charge represents the difference between the total interest we receive from the bank(s) used to provide these accounts and any interest payable to your client. We keep the margin (charges). Interest rates vary depending on the interest received from the bank(s) and may go up and down regularly.

To find out more, take a look at our Elevate cash interest rates.

If you’d like more information about Elevate’s charges, speak to your usual abrdn contact. If you don’t currently have an abrdn contact, please call 0345 272 6622 to arrange a call back. Call charges can vary.