What is Charles Stanley Direct?
Charles Stanley Direct is the do-it-yourself or 'execution only' arm of wealth manager Charles Stanley. Charles Stanley Direct charges a relatively low percentage fee, and provides access to Charles Stanley funds and regulated financial advice from its parent company if desired.
Is Charles Stanley Direct any good?
Which? members can exclusively read the the results of our unique customer satisfaction survey, which reveals how customers rate Charles Stanley Direct fund supermarket for seven different elements of its service.
|Aspect of service||Star rating|
|Online tools and guidance|
|Information about investments|
|Clarity of charges|
|Value for money|
What are Charles Stanley Direct's charges?
- Annual charge of 0.35% on anything up to £250,000 (from 10 September), falling to 0.20% on any money between £250,000 and £500,000, 0.15% on any money between £500,000 and £1m, 0.05% on any money between £1m and £2m, and no charge on money above that
- Shares, guilts and bonds (including investment trusts and ETFs) cost 0.35% with a minimum of £24 and a maximum of £240 per year. The charge is waived for any month you make a trade
- £11.50 to trade shares and investment trusts online
- Free trading for unit trusts and open ended investment company funds
Who is Charles Stanley Direct good for?
Charles Stanley Direct offers great value for those with smaller portfolios. Of brokers who charge a percentage based platform charge, its headline rate of 0.25% is one of the cheapest around.
Who is Charles Stanley Direct expensive for?
Charles Stanley Direct customer views
'Easy, and if I need help, the email service with Charles Stanley works really well, helpful and timely replies. I am quite happy with it.'
'Easy website to use, with good background info to refer to.'
'Through Charles Stanley Direct I have Crest membership, so that my name is on the share register and I receive direct communications from the companies in which I am invested.'