read ( words)
If you’re thinking about getting some help to manage your finances, you may be wondering how financial planners charge for their services. Financial planners charge in a few different ways, but fee-for-service is one of the most common – and it’s the path that Rising Tide has chosen.
Fee-for-service means you pay for the specific services we provide to you, rather than us receiving a commission from investment and superannuation providers. We also charge a flat dollar fee each year, rather than a percentage of your portfolio, which is a fair way to ensure you get unbiased advice tailored to your specific needs and goals.
Below is a brief rundown of the initial steps involved when you decide to partner with Rising Tide.
The cost of financial planning services can vary widely depending on the complexity of your situation and the scope of the services you require. We aim to make sure you understand exactly what services you’re paying for and what the total cost will be before you sign on.
If you’d like to know more about our ongoing advice membership model, follow this link. These are a 12 month fixed term agreement – which means it’s not like your gym membership, which often keeps going long after you’ve ceased getting value! Your adviser will sit down with you at your planning meeting to renew this each year.
At Rising Tide, we prioritise clarity and transparency in how we charge so you know exactly what’s going on.
We look forward to helping you reach your financial goals.