Frequently Asked Questions
Here are some of the most commonly asked questions we receive from clients. We trust these answers provide you with relevant information needed to make an informed decision about your financial planning needs.
For complete transparency, we offer two service paths:
Ongoing support: We charge $1,100 (inclusive of GST) for the Statement of Advice to lay the foundations. This is discounted from our standard rate noted below.
If it is deemed to be of value, we charge an annual service fee on investment portfolios of 0.88% (inclusive of GST) up to $1,000,000, plus 0.33% (inclusive of GST) on amounts in excess of $1,000,000.
This is deemed to be reasonable in the industry, where other advice practices commonly charge 1.10% per annum for ongoing support.
One-off advice: Where ongoing support is not required, we simply charge a standard rate of $3,300 (inclusive of GST).
The average advice practice will typically charge anywhere between $3,300 to $6,600, whereas some practices are charging up to $16,500 for the Statement of Advice.
We commonly get asked, why are your Statement of Advice fees less than others in the industry? Are we going to be getting bad advice?
Well, it is simple, we find most clients have not previously received a Statement of Advice and therefore do not know what to expect.
We want to give ourselves the best shot at proving to you there is value in seeking financial advice and want to minimise the friction involved when improving your financial situation.
A financial planner can help you make informed decisions about your finances, develop a plan to achieve your financial goals, and manage risks that could impact your financial success. By working with a financial planner, you can get a comprehensive understanding of your financial situation and develop strategies that align with your goals.
Yes, we offer superannuation services. We can help you evaluate your superannuation options, including self-managed superannuation funds (SMSFs) and traditional superannuation funds.
Yes, we offer investment planning services to help our clients grow and diversify their investment portfolios. We have the ability to guide you through the investment process to help you make informed decisions relevant for the current economic cycle.
We take your privacy and confidentiality seriously and ensure that all client information is kept secure and confidential. We use industry-standard security protocols to protect your data and adhere to strict confidentiality agreements with all of our clients.
We recommend reviewing your financial plan at least on an annual basis to ensure that it is still aligned with your goals and to make any necessary adjustments. Of course, if there are changes in your personal or financial situation, you may need to review your plan more frequently to keep it up to date.
We understand that circumstances can change, and you may need to adjust the services you require. We are flexible and can tailor our services to meet your changing needs.
We believe that our clients’ satisfaction is of the utmost importance. That’s why we don’t operate on any lock-in contracts that could potentially leave our clients feeling trapped in our services. Our goal is to provide clients with tailored and valuable advice, and we aim to achieve this through a collaborative process that leaves clients feeling empowered rather than beholden.
To get started with our financial planning services, simply contact us by filling in our form on the contact page. Alternatively, you may email or phone to schedule an initial consultation. During this consultation, we will discuss your financial goals and determine which services are the best fit for your needs. From there, we will develop a plan of action to help you achieve your financial objectives.
