A key objective of the Government’s Future of Financial Advice (FOFA) reforms is to facilitate access for retail clients to financial product advice, including ‘scaled’ advice.
When providing personal advice to our clients, we always:
Research shows that Australians who receive financial advice will be over $90,000 better off in retirement.1 But the benefits are more than just financial. Advice can help you achieve the peace of mind that you are making the best decisions to help secure your future.
1 KPMG Econtech, Value Proposition of Financial Advisory Networks, 2011.
General advice is given only if your adviser clarifies with you (the client) when they give the advice that they are not giving personal advice, because they do not in fact consider the relevant circumstances (i.e. your objectives, financial situation or needs).
The advice we give you will be considered personal advice because we are collecting all relevant information from you using the Online Fact Find.
That information is fed into the Statement of Advice document that will address all issues that have been raised by you. Alternatively, you may only want to get advice on a few issues. The choice is yours on the level of advice that you are after and what you pay for that advice.
The delivery of advice is also neutral when it comes to technology. This means that you can receive factual information and advice by telephone, email, internet, video conferencing, or face-to-face, or in any combination of these.
We charge for our advice based on the time it takes to collect the data, consider the
scope of the advice, consult experts and stress test strategies to make sure that they
are appropriate and in your best interests.
Our fees are based on the following rates:Senior Financial Planner $450.00 per hour
Our investment Management fees are:
Client directed portfolio 0.30% of assets under management (robo advice)
Tailored Investment portfolios 0.95% of assets under management.