Pricing & Commission
We add a broker's premium/commission to cover administration, bond, transfer, storage and insurance. This will mean our clients do have to worry about the maintenance or upkeep of their wine. The commission plan is dependent on client criteria and level of investment.
Investment Plan A (Private Clients Only)
1. 3% Annual Management in advance for 5 years (totalling 15%) - Includes portfolio management, bond, and administration transfers, storage and insurance for 5 years.
2. 5% Commission on Profits only.
Investment Plan B (premier & institutional Clients Only)
1. 5% Brokers Premium/Commission
2. 2% Annual Management Fee
3. 10% Re-sale Commission (or 10% Redemption Commission every 3 years on profits only)
Our margins generally vary from 10% to 25% dependent on the source of purchase, nature of the sale and competitor pricing.
It is in our interest to be as competitive in the market place as possible, however it is feasible that the same wine maybe obtained cheaper elsewhere, though the same level of service may not be offered.
By incorporating our margins and premiums at the point of purchase we are not obliged to charge VAT on the services as the services are effectively offered free of charge.
Auction houses charge 25% (10% on sellers and 15% on buyers) and major wine merchants usually price in an equivalent way.
VAT is added to all Duty Paid purchases.