Good advice is not free, but it should pay for itself.

Like most services, in order for us to work together there is a cost.

Every fee I charge is based on delivering you a measurable and valuable service, it is not based on how much money you earn or assets you have to invest.

The goods news with great financial advice is that it should lead you to much better financial outcomes, not just now but every year going forward. All of my clients will have received tailored advice that would have provided financial benefits that have dwarfed any fee they have paid to me.

Not just once, but many times over.

Fundamentally, my job is to stop you making one of many costly mistakes and to help you make better decisions. 

One bad decision could cost you $100,000s and if you make a better decision it could lead to $100,000s. Rest assured, the difference between making consistently good and avoiding bad financial decisions will be many millions over most peoples lifetimes. 

Coaching Fees

Every year we agree a monthly fee based on your situation.

There are many factors to consider, such as

  • How many sessions will suit you

  • How complex the ongoing advice and support will be

  • How much additional research and planning work I need to undertake 

  • The work involved with other professionals partners i

  • Ongoing Investment management

As you can see, the amount of work can vary greatly from one year and one client to the next.

Therefore in order to be fair, my fee needs to be flexible to match the service you receive.

Ongoing fees start at $300 a month but for some clients it is as high as $1,000 a month.

Most clients are paying $300 to $600 a month less the mortgage offset below. 

I do not believe in lock-in contracts and all fees are reset every year based on your changing situation. If you decide to stop at any point, you can stop paying my fees. 

Most clients pay this fee via their bank account or superannuation.

The good news is that it may be tax deductible if the ongoing advice is in relation to ongoing investment management. Most clients will qualify for this in some form but it will vary and you do need to have it approved by your accountant. 

Offset Mortgage Commission

One of the benefits my clients usually take advantage of is to reduce their ongoing coaching fee by ongoing Mortgage Commission.

If you decide to refinance your loan to a better deal or purchase a property through my mortgage broking service, I will receive an ongoing commission from the lending institution. This commission is paid to me every month but therefore all my mortgage clients get to offset any ongoing coaching fee. This makes it much cheaper for my clients to have me as their coach as the bank pays a portion of their fee.

For example, a wealth coaching client could be paying $400 a month may receive an offset of $150 a month and therefore only have a fee of $250 a month, which could also be partly tax deductible.