Lifestyle Investment Planning

AFFORDABLE… Slashing “Hidden” Fees
We encourage you to compare our fees and services with other providers. Our fees are simple and fully disclosed. Where possible, we rebate all up-front advisor commissions so that you clearly see all costs.

In the past financial advisors relied upon product commissions to earn their living. This led to some advisors being influenced to recommend products that earned them a higher commission, rather than assessing the various products’ suitability for their client. This practice is less likely if advisors fully disclose all commissions and interests, however a client may need to analyse the disclosure in great detail to understand the true value of the benefit received by their advisor.

Often a switch between products is warranted to achieve greater returns or reduced risk and costs. However, some advisors offering services on a commission-base may be tempted to switch clients between investments to earn commissions or brokerage from the various transactions - a practice commonly known as “churning”. We forbid such practices.

Financial Advisors charging a fee-for-service recognise that they provide a professional service, and as such charge on the same basis as other professionals (e.g. accountants, solicitors). However that approach doesn’t recognise relative value and affordability for different clients. Hence, we’ve formulated a hybrid fee system based upon the scale of a client’s total investment. Your advisor clearly earns their income by servicing your needs, rather than product vendors’.

Introductory Review & Statement of Advice (Financial Plan)*

This service is offered at a 40% discount off our regular scheduled rate for up to 10 hours work. Most introductory reviews fall well within that range. Occasionally extra work may be required for exceptional plans. Your advisor can provide a cost quotation for such exceptions.

LASTING VALUE
Subscribe to Ongoing Monitoring & Review Services*
Ongoing monitoring & review ensures that your strategy continues to support your objectives. Prudent investors will engage their consultants for ongoing advisory, monitoring and review services. Subscribers pay a once-off engagement fee and an annual subscription fee either as a lump sum, or quarterly instalments through the service period (year). Your fee covers investment lodgements, regular monitoring, newsletters, reporting and reviews. If you commit to the engagement fee and first annual fee, then we CREDIT 50% of the your introductory review fee back to you. That’s the most tax-effective way of establishing a financial strategy because review fees are generally deductible, while initial plan fees must be "capitalised" and depreciated over the life of your investments.

Financial advisors’ fees paid for reviews, ongoing management and monitoring are generally tax-deductible - making them a very affordable and valuable investment.¹

* For complete details of the various options for calculating fees and charges please read our current fee schedule.

1 ATO Tax Determination TD95/60 6 December 1995. NB: Preparation of initial financial plans may not be tax-deductible.