Pricing

HOW LONG IS IT GOING TO LAST? WE REALLY JUST NEED
SOMEONE TO LOOK AFTER US

When it comes to money, Innovus Advice is on your side. We understand that getting advice takes up your precious time and might cost you a bit of dough. We want to make sure you get great value for the investment you have made in us, and so we jam-pack our client tiers with different offers, depending on how much you want to spend. If you have any questions, you can always ask.

INNOVUS ESSENTIALS

$300 per month, inc. GST
  • Access to Professional Advice – Just when you need it.
  • Premium Portfolio Construction at no additional charge.
  • 1 Review per annum.
  • Clear documentation of advice, whether we are recommending change or not.
  • Newsletters, Product Updates or Seminars as changes occur or as required.
  • An Annual Face-to-Face review meeting with your advisor, usually held in January.
  • Ongoing Portfolio Monitoring.
  • Portfolio rebalance as required.
  • Portfolio rebalance as required.

INNOVUS SOLUTIONS

$600 per month, inc. GST
  • Access to Professional Advice – Just when you need it.
  • Premium Portfolio Construction at no additional charge.
  • 2 Review per annum.
  • Clear documentation of advice, whether we are recommending change or not.
  • Newsletters, Product Updates or Seminars as changes occur or as required.
  • Half -Yearly Face-to-Face review meeting with your advisor, usually held in July, as a check up on your position.
  • Ongoing Portfolio Monitoring.
  • Portfolio rebalance as required.
  • Invitations to client events and functions run by Innovus Advice and partners.
  • Personal insurances review to ensure that the vital cover you need is put in place as cost-effectively as possible.
  • 1 additional entity included in your SMSF (if required).
  • Centrelink Correspondance to ensure you are accessing benefits and services that you are rightly entitled to.
  • Advice on Investment Properties as part of your overall financial plan.
  • Liasing with other professionals, including Lawyers, Accountants, Mortgage Brokers, Stock Brokers, General Insurers and Real Estate Agents on your behalf.
  • 2 additional investment accounts managed as required.

INNOVUS PRIVATE

P.O.A per month, inc. GST
  • Access to Professional Advice – Just when you need it.
  • Premium Portfolio Construction at no additional charge.
  • As many reviews per annum as agreed.
  • Clear documentation of advice, whether we are recommending change or not.
  • Newsletters, Product Updates or Seminars as changes occur or as required.
  • As many Face-to-Face meetings with your advisor as you require. Monthly or quarterly, as a Private client you can choose your own reporting cycle and we will be happy to accommodate.
  • Ongoing Portfolio Monitoring
  • Portfolio rebalance as required.
  • Personal insurances review to ensure that the vital cover you need is put in place as cost-effectively as possible.
  • Invitations to client events and functions run by Innovus Advice and partners.
  • Centrelink Correspondance to ensure you are accessing benefits and services that you are rightly entitled to.
  • UNLIMITED additional entity included in your SMSF as agreed (if required).
  • Advice on Investment Properties as part of your overall financial plan.
  • Liasing with other professionals, including Lawyers, Accountants, Mortgage Brokers, Stock Brokers, General Insurers and Real Estate Agents on your behalf.
  • UNLIMITED additional investment accounts managed as agreed and required.

THE DETAILS

RISK ONLY ADVICE

We rarely provide advice solely in relation to personal insurance, it usually being associated with more comprehensive advice. Where risk only advice is offered we charge a fee of $750 as a cost recovery fee which is only charged if you choose not to implement our advice, or should your policies be canceled within the first 12 months. We still accept insurance commissions as there is an alignment of goals which is different from investment advice. With insurance both the adviser and you benefit by ensuring you have the right cover in place up to an amount that you can afford. We will happily discuss with you a fee for service arrangement rather than the commission in connection with assisting you with your insurance needs, but in our experience removal of the commission from many insurance products does not provide you, the insured with an equivalent saving in the premium.

WHY NO %-BASED FEES?

We don’t believe that our advice is valuable to only those with significant assets, nor do we believe that those with large investment balances should necessarily have to pay more for the advice they receive, after all their needs can be quite simple and nothing much might be going on in their financial world. We also don’t believe we should receive a pay rise due to factors outside of our control, like positive market movements. We have been charging a flat dollar fee for our services for many years, long before it became slightly more common amongst our peers. We believe that our fees are fair for the services offered, transparent and clearly set out in advance. We don’t discount our fees for indiviual cases as in our view this would be unfair to those paying the full fee. If you really need our advice, but are unable to afford it, you can present your case to us and we may consider allocating one of the limited pro-bono cases we provide each year for those in special need.

INITIAL ADVICE

Our initial advice takes place over a series of meetings. Once you have engaged us to provide you with initial advice (usually at the end of our Getting to Know You Meeting), we will ask for an engagement fee of $550 including GST. This fee will be deducted from our Advice Preparation and Presentation Fee (typically $3,300 including GST), which will be payable upon presentation of our advice. You then have the choice to engage us to provide you with ongoing service, which is offered in accordance with our Core or Watch service offerings detailed above. For more complex cases we will negotiate an ongoing fee in advance with you depending on your particular circumstances.

ON ETHICS & CONFLICTS

It’s human nature to exploit situations that provide a better outcome for ourselves. We’ve taken the time to price our services in a way that protects you as a consumer, by removing any linkage between the products we recommend and how we are remunerated. As mentioned above we still accept insurance commissions as there is an alignment of goals which is different from investment advice.

Call Us Today

to make an appointment at your local office

or

I didn’t know where to start, I just knew I needed to do something. Paul and the team at Innovus advice were great and explained everything to me so I had a better idea of what my future could look like. It gave me great peace of mind.Quote Icon

– Melissa, Single No Kids