The Financial Roadmap Process
1
No Cost Discovery Session
- We learn about your financial concerns, goals and aspirations and workshop ideas around how we may be able to improve your financial situation
- We discuss potential financial planning options at a high level and the pro's and con's of each
- We provide a proposal regarding how we could assist and the professional services fee schedule to kick start your financial roadmap.
2
Goal Setting & Financial Analysis
- We ask for information regarding your finances and goals. The better the information you provide to us, the better the advice will be
- We then create a visual mind map of your financial position and run through the financial strategies that we believe will benefit you and seek your input into the process
3
Advice Creation
Typical scope would include
- Achieving Life Goals
- Financial Clarity via projections and Forecasts
- Overall Optimisation of Financial Affairs
- Investment Advice
- Cashflow & Budgeting Advice
- Debt Advice
- Superannuation & Retirement Advice
- Insurance Advice
- Tax Planning Advice
- Estate Planning Advice
4
Financial Roadmap Presentation
- We present your individually crafted, tailored financial roadmap that compares where you are headed based on your current financial habits compared with where you could be headed by implementing our schedule of financial changes.
- We articulate the estimated financial benefits of our advice and layout the recommendations in easy to follow actionable form so that you can either self-implement or allow us to implement on your behalf
5
Keeping you On Track
The majority of our clients continue to work with us beyond the Financial Roadmap process although there is no obligation.
We work with our clients to them on track with their Financial Roadmap goals via regular review meetings and pro-active communication where we present unique investment opportunities and advise on financial changes they should be action.
The Cost Of Our Services
Transparent Financial Planning
We provide our best advice to our clients irrespective of the amount of commissions recommending a particular product may pay. Any investment commission paid to us is rebated back to our clients account in full – 100%. We advise on a wide range of investments from cash, to term deposits, property (both residential and listed), private credit, private equity, shares and wholesale managed funds (with no entry or exit fees).
Cost of the First Meeting
The first meeting comes at no cost and is obligation free. This meeting generally covers the following topics:
- About you
- What is financial planning?
- What is the value of financial planning?
- General discussion on your current situation
- Workshop ideas that you could consider
- Overview of the financial roadmap process
- Steps forward
If we mutually agree that it would be beneficial for you to engage our financial planning process, we will provide you with a quote for the initial financial roadmap.
Cost of a Financial Roadmap
You will be advised of the cost of your financial plan by the end of our first meeting with you. The cost will depend on several factors such as the financial advisor you see, the estimated time to complete your financial roadmap and the level of complexity. We welcome further questions after the first meeting until you feel comfortable as we appreciate that engaging a financial advisor is a very important decision that should be done with due consideration.
We utilise leading edge technology and have a very effective personalised financial advice process which means that we are able to offer our highly sought after services at a very competitive prices when compared to other financial advisory firms.
As a guide on pricing:
Simple advice - $1,500 (GST inclusive)
Holistic advice - $3,000 to $8,000 (GST inclusive)
No Hidden Costs
There are no hidden fees with our process. We are transparent in our approach and focus on delivery exceptional value to clients in a streamlined cost effective manner.
Cost of Ongoing Advice
At the end of the financial roadmap process, you will be able to take our advice and self-implement, otherwise you may choose to continue working with us given how far you would have come in your financial journey.
If you choose to have us implement the financial roadmap recommendations and become your ongoing financial advisor, we will provide you with options with regard to how you would like to work with us.
We have advisory options for both flat fee retainers and asset based fees and will work with you to implement the arrangement that best suits your situation.
As a guide, our ongoing financial advisory fees start at $3,000 per year, and are typically in the $5,000 to $10,000 per year range and may be up to $50,000 per year for our sophisticated private clients such as family offices and utlra high net worth individuals.
