Any experience with Flagstone ? Any experience with Flagstone ?
Posts 1 to 5 of 5
  1. #1

    Still gathering requirements...


    Join Date
    Feb 2016
    Posts
    70

    Default Any experience with Flagstone ?

    Has anyone used the Flagstone saving platform? It seems like a good idea but their fee seems very high.

    Flagstone - The Smarter Cash Platform

    -------------
    Flagstone charges clients a flat annual management fee ranging from 0.25% to 0.15% based on the total value of a client’s account. Fees are accrued daily and debited monthly in arrears from your Hub Account. Flagstone also charges a one-off set-up fee at a flat rate of £500 (or $500 or €500 for USD or EUR accounts).
    -------------

  2. #2

    Still gathering requirements...

    Dom at Fox Bartfield's Avatar
    Join Date
    Aug 2018
    Location
    Leeds
    Posts
    46

    Default Flagstone

    Quote Originally Posted by jmann View Post
    Has anyone used the Flagstone saving platform? It seems like a good idea but their fee seems very high.

    Flagstone - The Smarter Cash Platform

    -------------
    Flagstone charges clients a flat annual management fee ranging from 0.25% to 0.15% based on the total value of a client’s account. Fees are accrued daily and debited monthly in arrears from your Hub Account. Flagstone also charges a one-off set-up fee at a flat rate of £500 (or $500 or €500 for USD or EUR accounts).
    -------------
    We were introduced to this by one of our IFA clients at St James Place, interesting concept and they were doing a promotion last month whereby waiving the set up fee. Looking at setting one up for the umbrella company. The dashboard is simple to use, nicely designed platform and with any bank accounts set up in the name of the company/individual, utilises the FSCS protection limits.

  3. #3

    Still gathering requirements...


    Join Date
    Feb 2016
    Posts
    70

    Default

    Quote Originally Posted by Dom at Fox Bartfield View Post
    We were introduced to this by one of our IFA clients at St James Place, interesting concept and they were doing a promotion last month whereby waiving the set up fee. Looking at setting one up for the umbrella company. The dashboard is simple to use, nicely designed platform and with any bank accounts set up in the name of the company/individual, utilises the FSCS protection limits.
    Yes, it looks like a good platform. No need to fill out multiple application forms which is what attracting me thier platform. If they waive the set up fee then I am going to test it out.

  4. #4

    Still gathering requirements...

    Dom at Fox Bartfield's Avatar
    Join Date
    Aug 2018
    Location
    Leeds
    Posts
    46

    Default Platform

    Feel free to drop me a PM and I'll send you the details of our guy at St James Place who may be able to swing the no fee with it being an offer for last month.

  5. #5

    Still gathering requirements...


    Join Date
    Feb 2016
    Posts
    70

    Default

    Quote Originally Posted by Dom at Fox Bartfield View Post
    Feel free to drop me a PM and I'll send you the details of our guy at St James Place who may be able to swing the no fee with it being an offer for last month.
    They are still offering free set up which is good but they are charging 0.25% management fee.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •