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Occasional Strategic Advice Service We are more than happy to assist individuals desiring only occasional Financial Planning advice or Administration Services. These services attract hourly time charges relative to the staff member working on your situation and assisting you achieve your financial and life objectives. We guarantee to delegate work to the most appropriate person who is more than capable of completing the task to our highest standards at the lowest rates. For those utilising our Occasional Strategic Advice and Administration Service, hourly charges will be applicable for all client interaction, including the initial consultation. Any initial brokerage we receive for placing funds for you will be offset against our hourly fees. These rates are available upon request. While occasional advice may suit some individuals, we feel the most crucial step in the successful implementation of any financial planning strategy is the establishment of regular and thorough reviews. As a strategy can only be created in light of the current environment and your goals and desires, there is a need to ensure adaptation to any changes to these circumstances in the future. We would usually therefore recommend one of the following service for clients whose portfolios are already established, or for those who have utilised the investigation and implementation sections of the services. Following is a copy of our client presentation: A copy can be printed by clicking HERE Occasional Strategic Advice and Administration Service New and existing clients are able to choose from one of our Financial Planning Review Services, implemented on the 1st of July 1997, or you may wish to acknowledge your agreement to our “Occasional Strategic Advice and Administration Service”, otherwise we can investigate alternative options for you. The
Financial Planning Industry has become a genuine “Profession” for those of
us embracing continuing education, technology, independent research,
“objective” advice and unsurpassed customer service standards. “It’s
not brain surgery, it’s much more complicated.” There are hundreds of managed funds, thousands of stocks and
share companies world wide, government bonds, unit trusts, master trusts,
testamentary trusts, margin lending, risk management and so on. Our
role is to demystify and simplify the whole process and identify how we can add
value to your existing arrangements or perhaps completely re-organise your
financial affairs for your long-term financial security. With
a professional team of 20 quality individuals, we are totally committed to being
leaders in all areas of our professional practice in relation to Financial
Planning Services. In particular,
we are the Retirement Income and Wealth
Accumulation Specialists for individuals. Specifically,
we cater for the following:
If
we consider one of our three structured Financial Planning Services to be more
beneficial for you, we will recommend the most appropriate service. Initial
brokerage we receive for placing funds for you will be offset against our hourly
rates. It
is therefore our pleasure to present to you our “terms of business”. When
formulating our advice, we are obliged by law to gather all relevant information
regarding your personal circumstances and then provide our advice in writing,
thereby protecting both yours and VicWide Financial Services’ best interests. Fees are generally based on the hourly rates specified below and we will be pleased to provide an estimate of fees payable for the provision of our advice once we have become familiar with your circumstances and requirements. We
guarantee to delegate your work to the most appropriate person who is more than
capable of completing it to our highest standards at the lowest rates. The fees
are effective at the 1st of January 2001 and may be subject to change
at a future date. Our
fee levels are justified a number of times over with quality ongoing strategic
advice in relation to your investment portfolio, taxation, social security,
estate planning, wealth accumulation and retirement income strategies.
Along with the “peace of mind” knowing that you have a team of professionals
looking after your financial well being that “care”. Portfolio management and strategic advice fees are
generally tax deductible under Section 51 of the Income Tax Assessment Act.
This does not apply to Financial Plan Preparation Fees.
Please refer to your Accountant for specific taxation implications. Our
records will now show you have received this schedule and any future contact you
make will be at the above rates (except where we receive brokerage for placement
of investment risk insurance etc. as it will be credited to your account to
offset fees). Schedule
of Fees
Per hour
GST Total Senior Financial Planners Andrew Powell $300 $30 $330
Financial Planner
Tim Morfesse
$250
$25 $275 Financial Planner Jeff Shannon $200 $20 $220 Financial Planner
Rod Wood
$200
$20 $220
Administration Staff
$ 60
$ 6
$ 66
•
Processing of paperwork and technical
queries has a minimum fee of $50.00
$ 5
$ 55 •
Basic Report
Preparation has a minimum fee of $150.00. $15 $165 •
Personal Financial Planning Report
Preparation has a minimum fee of $250.00. $25 $275 • Personal Full Financial Plan Preparation has a minimum fee of $1000.00. $100 $1100 |