The Advice Itself
What You Get For $6,600
A Statement of Advice is the document that tells you exactly what to do with your super, insurance and investments, and why. It names the funds, the options and the amounts. Then I walk you through it, page by page.
$330, credited against your advice fee. If you do not need advice, I will tell you.
Four consultations a week.
What Is In It
Your Position Today
Everything you have, what it costs you and where the problems are.
Superannuation
Which fund, which investment option, what contributions, and what it will cost.
Personal Insurance
What cover you need, what you can drop, and the cheapest good way to hold it.
Investments Outside Super
What to buy, in whose name, and what to leave alone.
Structure And Tax
Whose name things sit in and the tax that follows. I am not a tax agent, and I will tell you when you need one.
What To Do, In Order
A numbered list. Most of it is forms and phone calls you can do yourself.
The Reasoning
Why each recommendation, and what I considered and rejected.
What It Covers, And What It Does Not
A Statement Of Advice Covers
- Your super: which fund, which investment option and what to contribute
- Personal insurance: life, disability and income protection
- Investments outside super: what to buy, and in whose name
- Retirement: when you can stop, how to draw an income and the Age Pension
- Structure, and the tax that follows from it
- A numbered list of what to do, in order
It Does Not Cover
- Budgeting, spending or cashflow
- Debt, mortgages or arranging loans
- Which property to buy, or renting versus buying
- Tax returns. I am not a tax agent
- Wills and other legal documents
- Ongoing management of your investments
Projections You Can Run Yourself
Your advice comes with projections you can understand, check and rerun yourself, using simple tools. You should never have to go back to an adviser, or pay for their software, just to see where you stand.
What you will not get is forty pages of modelling that predicts your balance to the dollar in thirty years. Forecasts like that look precise and are out of date within a year. I give you a sensible range and the handful of numbers that actually drive it.
From Yes To Done
1. You Say Go
After the consultation you have a written quote, valid for seven days. Sign the engagement letter and we start.
2. I Do The Work
I gather the detail from your funds, model the options and write the advice. This usually takes one to three weeks, depending on how quickly you get information back to me.
3. I Present It
A dedicated meeting, presented by Zoom or Teams, or in person at Martin Place. Not emailed and forgotten.
4. You Act On It
With my step-by-step guidance. Then we are finished.
Statement Of Advice
From $6,600
including GST, paid once
Super, insurance, investments and tax. Presented to you in a dedicated meeting.
Complex Cases
$8,800
including GST, paid once
SMSFs, trusts, companies and defined benefit schemes.
After That
$0
No ongoing fees
No retainer, no percentage of your assets, no platform. If you want help later, it is $660 an hour including GST, only when you ask for it.
What is a Statement of Advice?
It is the formal document an adviser must give you when providing personal financial advice in Australia. It sets out your situation, the recommendations, the reasons and all costs.
How long is it?
As long as it needs to be. The law requires certain things to be in it. I keep the recommendations at the front and in plain English.
Will you recommend your own products?
I do not have any. I am not paid by any fund, platform or insurer.
What will you probably recommend?
I cannot tell you before I know your situation. I do not use wrap platforms.
Do I have to act on it?
No. It is your advice. Most people do act on it, because that is why they came.
Is the fee different for a couple?
No. The fee is the same whether the advice is for one person or a couple.
Can I pay the fee from my super?
No. Fees are paid personally. I do not accept payment from super funds.
General advice only. It does not take your objectives, financial situation or needs into account. Consider whether it is appropriate for you before acting on it.
Book A Consultation
If you do not need advice, you find out for $330, not $6,600.
- 45 minutes with the adviser himself, not a junior
- A fixed quote on the call, if advice is warranted
- The $330 is credited in full if you proceed
Why $330 and not free? A free first meeting is usually paid for later, through ongoing fees. I would rather you paid once for my time and owed me nothing.
Pay $330 now. A consultation, not an advice session. Reschedule up to 48 hours before.