Elevate charges and interest rates

We like to make it simple. Our pricing structure is based on clearly defined charging tiers depending on the amount your client has invested.

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.

Charges guides

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

Initial adviser charge (PDF)

Ongoing adviser charge (drawdown) (PDF)

Elevate portfolio charge (PDF)

Client guide to charges (PDF)

Comparing platform 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 (PDF)

When accounts are linked for family terms, the Elevate portfolio charge is based on the combined value of investments (excluding cash) held in 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.

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

Each Elevate customer automatically has access to an Elevate cash account. In addition, the Elevate platform also operates cash accounts at a wrapper level.

The annual gross interest rate we pay on wrapper cash accounts is calculated with reference to the Bank of England base rate. This means that you can always work out what the interest rate paid will be, using the table below (paid rates are rounded up to the nearest 0.01%).

For example, under the base rate announced on 7th August 2025 of 4.00%, the rate we pay to customers on product level cash accounts is 1.85% per annum. This is calculated as 0% of the first 1.10%, plus 50% of the next 0.90%, plus 70% of the next 2.00%; i.e., 0.00% + 0.45% + 1.40% = 1.85%.

Interest is calculated daily. If the base rate is negative this table will not apply, and paid rates may become negative. When the Bank of England base rate changes, the rate paid to customers will be updated within five working days. The interest rate on the Elevate cash account is 0.00% per annum. 

The rate we earn from our banking partner(s) may be higher or lower than base rate and may vary daily. We retain any additional interest earned as a margin to cover costs in managing cash and undertaking certain platform services in respect of cash holdings. We call this margin the Cash Management Administration Charge (CMAC). The CMAC is taken directly from the interest received from the bank(s), so will not appear on your account as a separate charge. However, it is included in the overall Service Charges shown in our Charges Information and Annual Costs and Charges Disclosure documents. This means, depending on the amount of cash held, the combined charges shown in these documents may be higher than the applicable EPC tier.