Our Fees

How much does it cost to see a financial adviser?

The cost of seeing a financial planner can range from $3,000 to $5,0000 to set up a plan, and then about $3,000 to $8,000 annually if you have an ongoing relationship with the planner, according to the FAAA

How do financial advisers charge fees?

We charge fixed fees. This involves charging a set price for a particular service. For example, we may charge an initial fixed fee to identify your needs and develop a plan, then an ongoing fixed fee for advice provided on a regular basis beyond that.

You may be able to pay it through your bank account or super depend on the services you choose.

Are financial planning fees tax-deductible in Australia?

Generally speaking, you may claim a tax deduction on fees paid for investment advice. However, this is provided the costs are related to advice which leads to or is directly associated with a specific investment which produces assessable income (e.g. dividends from an investment).

The Australian Taxation Office has indicated that the following fees are not tax-deductible:

General financial advice
Preparing a financial plan
Initial investment advice
Upfront fees
Accumulated superannuation (the ongoing fee is not tax-deductible if the advice relates to the client and not the super fund)
Advice regarding non-assessable pension income