Alconbury Trust offers investment monitoring and referral services, connecting clients with third-party investment advisors. They assess client needs and objectives to recommend suitable advisors. Alconbury also provides advice on Self Invested Pension Plans (SIPPs) and may recommend UK regulated advisors for pension transfers. They monitor the performance of accounts managed by third parties and coordinate with clients to reallocate assets as needed. Alconbury does not directly hold customer funds or securities.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $3.0M | 1.25% |
| $3.0M - $5.0M | 1.00% |
| $5M+ | 1.00% |
Fees are negotiable above $5,000,000. For Clients utilizing the Managed Accounts Program and the SEI Asset Allocation Program developed by SEI Investments Management Corporation (“SEI”), Alconbury’s annual fee is 0.80% of the Client’s assets under management. Alconbury’s fee is in addition to fees charged by SEI. The total combined annual fee for Alconbury and SEI will not exceed 3% of the Client’s assets under management. SIPP and QROPS accounts will be charged an annual fee not to exceed 1.50% annually. A discretionary manager can be engaged to manage some or a portion of the SIPP assets for a fee up to 0.75% on the portion of assets allocated to the discretionary manager. Therefore, annual asset management fees can be 2.25% (i.e., 1.50% maximum Alconbury fee plus 0.75% to the discretionary manager).