Our fees

How & when will I pay for the service?

Ethical Investment Advisers discloses all fees in a written Statement of Advice. The fees we charge depend on the services that we provide to you.  Our fees are outlined below:

1. Strategy Advice

Strategy Advice may include salary sacrifice, transition to retirement, small business CGT advice, how to establish and invest funds in a self-managed superannuation fund, superannuation contribution strategies, tax minimisation, and gearing in superannuation funds.

We charge an hourly rate. Prior to the commencement of strategy advice, you will be given an estimate as to how many hours it will take to research and prepare a strategy paper or Statement of Advice and the hourly rate applicable.

The hourly rate covers the investigation of possible financial strategies. The fee incorporates the cost of our investment in the latest investment research, computer technology, our office support team and ongoing professional development required to keep us at the leading edge of technical and legislative know-how.

2. Investment Advice and Ongoing Management and Review

For Investment Advice and the Ongoing Management and Review of your portfolio and financial strategy, we charge an annual Ongoing Fee. This fee is up to 1.10% per annum of the funds under our advice . In some cases, this fee may be capped. The exact fee will depend on the complexity of the strategy and size of the portfolio.

All fees are agreed upon prior to the implementation advice and are fully disclosed in a written Statement of Advice. They may be payable monthly, quarterly, half-yearly or yearly.

Ongoing Fees invoiced by Ethical Investment Advisers may be tax deductible. You will need to seek advice from your Accountant.

3. Insurance Advice

Ethical Investment Advisers Pty Ltd receives payment from the Life Company both initially (upon the acceptance and completion of new policies) and on an ongoing basis for life insurance products (death, total and permanent disablement, trauma, living expenses, and income protection). All initial and ongoing payments are calculated as a percentage of premiums and are included in the premiums payable to the Life Insurance Company. It is not charged separately as an additional amount to you.

The remuneration paid to Ethical Investment Advisers covers underwriting, report preparation and meetings. It also pays business operating costs such as salaries, rent, printing and stationery, training and compliance, professional indemnity insurance and other administration costs.

Commissions payable vary between the different Life Companies and life insurance products. Should a report be prepared and the insurance products not be taken, then a fee of $660 (including GST) is payable to cover the costs of the report production and research.

ALTERATIONS TO FEES

We reserve the right to change any of our fees and charges from their present levels, but any increase will only take effect after Ethical Investment Advisers has provided you with 30 days written notice and received your approval.