Frequently Asked Questions

Financial planning is about understanding your financial goals and putting a plan in place which will help you achieve them. Financial planners are trained experts who can help you build, manage and protect your wealth.

Topics your financial planner can advise you on include:

  • maximising your super
  • tax effective strategies
  • transition to retirement
  • retirement income stream options
  • investments – inside and outside of superannuation
  • life and income protection insurance
  • debt elimination
  • redundancy

Our fees vary depending on the areas and complexity of the advice. We will be transparent with any associated fees throughout the process and you will be given a quote before you proceed any further.

  • Initial meeting: Free
  • Initial advice fee: Minimum $3,650

50% of the initial advice fee is to be paid prior to commencing the preparation of Statement Of Advice (SOA). The remaining of the initial fee is once you have signed the SOA.

The ongoing service fee is based on the service package you choose. We will discuss the package that is most appropriate for you during your meeting. It can be a fixed fee or based on the percentage of the funds under management.

We charge no fees for an initial consultation. An initial meeting with us is free.

These are fee involved in the insurance claims handling service:

  • Initial fee: $1,250
  • Claim handling fee: $3,900
  • Final fee: 10% of successful payout

The initial fee includes investigation and research of the life insured’s policies and medical conditions and the assessment of insurance claim eligibility. This fee is required to be paid before proceeding with the initial assessment of the claim eligibility.

Claim handling fee includes the administrative services and liaison with other professionals throughout the claim process.

The final fee his is applicable for Life Insurance, Total & Permanent Disablement (TPD) Insurance, and Trauma Insurance claims. It is not for Income Protection Insurance.

To gain a full understanding of your current financial situation and develop a clear picture of your goals, we would like you to bring as much information as you can such as:

  • Identification documents
  • Personal risk insurance such as life and income protection policies
  • Property details such as investment property values
  • Superannuation
  • Savings and term deposits
  • Income and Expenses
  • Borrowings such as mortgages and credit cards
  • Shares and other investments like managed funds

Don’t worry if you don’t have the above information handy, we can look into these and obtain the information for you with your authority, which we can discuss during the meeting.

In financial planning, putting the advice into action is referred to as implementation. When your planner presents your completed plan they will also discuss implementation options and costs. Some people prefer to do the implementation themselves while others prefer to pay for this service.

The choice is yours.

Once you decide to get a plan, it will take your adviser two to three weeks, depending on the complexity, to do the analysis and put the recommendations together. Your adviser will then arrange a meeting to take you through your Statement Of Advice (SOA). Once you are happy with it, the strategies can then be implemented with the help of your adviser as agreed.