Our Charges
Advice
We offer an initial free consultation which can be up 2 hours. This can also be via the phone, email or letter. This will enable us to understand your personal circumstances, your goals and objectives and whether we can assist you. We will also explain the advice and recommendation process. We believe in total disclosure and will provide you a copy of Richard Harden’s Disclosure Statement along with details of our experience and background.
Investments
For advice or to prepare a comprehensive investment report we charge on an hourly rate of $150 plus GST. Most of our investment portfolios are set up on the Aegis administration and custodian system. To set up the portfolio again we charge on an hourly rate basis of $150 per hour plus GST. This does not include any one-off dealing charges you may incur. Ongoing we charge on a fee basis as a % per annum on the value of the portfolio. The rates vary depending upon the size of the portfolio, which is outlined in Richard Harden’s Disclosure Statement. These fees are charged on a monthly basis with most being tax deductible. These ongoing costs cover advice, reporting, six monthly reviews, our time, research costs and ongoing monitoring.
Other Investments
For non-Aegis investments placed directly with company providers we are paid a commission or brokerage from the product provider, which is outlined in the Disclosure Statement. In most cases the commission paid by the product provider does not reduce the amount you invest or the return paid to you for the investment. In many circumstances we are able to negotiate better rates for clients than if they had approached the product provider direct.
UK Pension Transfers
We charge a QROPS application fee of $565.50 GST inclusive payable at the time of engaging our services. An agreed % fee of your transfer value, normally 1-2%, is deducted from the funds transferred to cover the costs associated with the design and build of your investment portfolio.