We get a lot of similar questions so we have compiled a list of frequently asked questions below – if you have any other questions don’t hesitate to reach out.
How much does it cost?
The initial meeting fee is $220 inc GST we will send you an invoice after the meeting. During the initial meeting we can provide general information only. Any personal advice needs to be written down in the form of a Statement of Advice.
How long will the meeting take?
Depending on what you want to discuss, anywhere from 20 minutes to 2 hours. Book a meeting here.
What is the fee for a statement of advice?
From there we can both decide if we want to work together and depending on what kind of advice you need/want we will let you know (and get your acceptance) how much this will cost before we start preparing our formal advice.
The fee depends on the complexity of your situation and what the agreed advice services are. As a general rule at a minimum the fee would be around $3,300.
If you have a range of different tax structures like Company, Family Trust & SMSF your fee is certainly going to be higher than a simple mum and dad investor. If we are providing advice around many different strategies such as debt reduction, family protection, tax minimisation & wealth creation the fee is going to be more than if it is only scoped to one strategy.
If we cannot provide advice that is in your best interests we will not proceed with any personal advice and will not charge you a statement of advice fee. You will only be out of pocket for the initial meeting fee of $220 as above.
How long will the advice process take?
To generate a statement of advice can take anywhere from a week to months – the quicker we can obtain all the required information the quicker we can get started. Your adviser will confirm the time frame for your specific circumstances.
Why do you need information from me before the appointment?
We know how valuable both yours and our time is so we get you to complete a little bit of pre-work. This is so we can maximise the benefit for your appointment. By knowing just some basic info about yourself and your family. We can tailor the meeting to your circumstances, and provide you with some valuable insights and some actionable strategies that you can implement yourself straight away.
What do I need to bring with me?
We will need to verify and copy your photo ID at some stage in the process. Any relevant financial statements; super statements, investment statements, insurance documents, loan details. This may speed the advice process up because we can complete our research quicker.
Do you have parking?
At Black Forest we have parking behind the building – access is via School Avenue. For the Broken Hill office parking is on the street outside the building.
Is there any legal information I can look at?
You can verify a financial advisers licence details, qualifications, training and similarly even complaints on the ASIC money smart website.
Our Financial Services Guide and privacy details are at the bottom of this page. Which again provides details on what we offer, how we charge, and how to make a complaint if you had one.
