There are various ways to structure fees, and it typically starts with an initial fee to identify your needs, develop a strategy and implement their recommendations. There could also be administration and ongoing service fees for regular reviews of your plan. The average ongoing fee for a professional financial adviser’s services is around 1.00%pa of funds under management (FUM). For an account of say one million dollars or more, rates are negotiable in relation to the amount of work required initially and then ongoing. Clients can also Opt for a ‘Fee For Service’ which is an annual fixed fee, so no matter if your portfolio goes up or down, the fee stays the same and is re-negotiated each year.
We are happy to negotiate either a Flat Fee or a percent of FUM, our fees are based on the amount of work we do for you in implementing the ongoing recommendations, caretaker and advisory role.
Suite 1, 1 Alexandra Avenue, Rose Park
Adelaide SA 5067
9am to 5pm, Monday to Friday