No. 1LondonMonday 2 November 2026Est. 2026

The Secret Banker

What the big banks charge, found from public information as best I could, with the source under every figure. And a Panel.

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Linnet

The Panel

The challenger, with a chatbot called Ned who is always available and occasionally right.

Terms as discussed

Minimum£400,000P6
Indicative fee0.29% platform fee, funds extraP6
RetainerNone. Ned does not charge for his time.P6

Culture

Ned answered my question about fees in eleven seconds. Confirming he was wrong took forty minutes.

Minutes

The firm last appeared in the Panel Minutes for the third quarter.