On-Going Management
To get the most out of your finances and give yourself the best chance of achieving your financial objectives requires regular monitoring of how you are tracking. We partner with you to not only review how you are progressing towards your goals but to also act as a sounding board for financial decisions and encourage you on your journey.
We are a fee for service practice. This means that we will quote you for the advice that we are going to provide before you make a decision to sign on with Highbury Wealth Group.
First Meeting
Your first meeting with our adviser is complimentary. We want to make sure that you are comfortable working with us and we are comfortable working with you.
Bronze Package
plus 0.22% of Funds under management
This will provide you with an annual review of your situation. You will have access to your adviser via phone or emails when required.
Silver Package
plus 0.22% of Funds under management
This will guarantee you to a review of your financial plan every 6 months. We want to make sure that you are moving forward to your goals. Legislations will change and this means that your plans may need to change. You will have access to your adviser when needed by phone and email.
Gold Package
plus 0.22% of Funds under management
Every quarter we will have a meeting to go over your strategies and make sure that we are on track. Life will change and we will adjust your plan accordingly.
Platinum Package
plus 0.22% of Funds under management
This option is taken up by our members coming up to retirement or our executives that want to spend more time with families and less about worrying about finances. Let’s meet every month to go over your financial strategies and make sure that you are getting closer to your goals.
| One Off Advice | Silver | Gold | Platinum | |
|---|---|---|---|---|
| Complimentary First Meeting | ||||
| One off Advice Document | ||||
| Strategic Advice | ||||
| Cashflow Reporting | ||||
| Coaching & Education | ||||
| Annual Mortgage review with our Mortgage partner | ||||
| Professional Investment Management | ||||
| Half Yearly Investment Report | ||||
| Annual Portfolio Review Report | ||||
| Wealth Education | ||||
| Estate Planning | ||||
| Retirement Planning | ||||
| Family Protection (Insurance) | ||||
| Tax Effective Investments | ||||
| Centrelink | ||||
| Access to Client Services | ||||
| Meetings with Financial Planner | One off meeting | Annual | Half Yearly | Quarterly |
| Amendments to Advice Document | $330 per hour | Included | Included | Included |
| Implementation of Advice |
One off advice - $3,300
Some people just need a little help and can manage their affairs once everything is in place. We will provide you with a Statement of Advice and implement the advice. If you would like any follow up meetings, this will be charged on an hourly basis. Same as if we need to do any other advice documents.
Centrelink only advice - $3,300
We will make sure that you are eligible for a pension, concession card or a health card. We will then deal with Centrelink and complete the applications for you. We will become a nominee on your account so that we can deal with Centrelink directly for you.
This fee can be paid via an adviser service fee from your portfolio and/or a regular monthly bank transfer. All advice is provided in writing, and shall include full disclosure of the costs, fees charged by all parties involved and how much each party may receive.
Financial Consulting- $1,100 per day
We want to provide work places with an added benefit for their staff. We will provide your business with a seminar regarding superannuation, insurance and creating wealth. We can also do specialised topics on Redundancy, defined benefits or have a mortgage broker join the session. After each session, we will be available to provide your staff with an opportunity to have a 30 min meeting. Everything discussed in these meetings will be general advice and if needed, we can book another meeting to provide personal advice.
Tax Deductions on fees
The initial advice fee is not tax deductible.
The ongoing service fee can be tax deductible if it is paid directly by you and not your superannuation.