Fee for Advice
First Principles Financial Planning follow a completely transparent fee-for-advice model, so when you engage us, we’ll explain upfront exactly what services we’ll provide and what they will cost, acting only when we have your written approval.
Our clients trust us, as they always understand what they are paying for and they have control over what we do for them from a cost perspective. This means our clients are always in the best place for their financial affairs.
All fees and commissions are inclusive of GST. We have detailed the full range of fees in our Financial Services Guide. Note that only fees applicable for the advice and services you choose will apply.
Fee for Service
If it is appropriate for your situation, we may enter into a Fixed Term Services Agreement, which permits you to access our team when required over the year and entitles you to have us maintain the other records and communicate information and reports to you as necessary.
Our Fixed Term Services Agreement are for a maximum of 12 months, after which you may choose to reengage us for a further 12 months
What is appropriate for me?
At all stages of the advice process, we will look to ensure you are fully informed about any fees we may charge and obtain your approval before charging. We will always ensure that the Advice or Services that we offer you are appropriate for your situation.
Where other Financial Advice practices may charge a fee based on how much you have invested and paid from your investments, all fees are flat-dollar invoiced to you directly, so you know exactly how much you will be paying before agreeing to the arrangement.
We have prepared a short flier to explain the differences between our Advice and Services fees, and provide examples of the different offering. To view this flier, please click here.
All of our fees, and how we may charge them are detailed in the Representative Profile of our Financial Service Guide.