WHAT IT COSTS

Getting Started

Initial Planning

Standard Financial Plan and/or Investment Plan $1,770. Complex plans may cost more, and a quote will be provided.

Insurance Plan $885.


Initial Fee

Financial Planning and/or Investment Planning $2,200

Insurance – no initial fee is charged.

Ongoing Fees – Financial Planning and/or Investment Planning

 

There are two components to our ongoing fee.

The first is a flat fee is $2,920 ($1,720 for administration and reporting plus $1,200 for financial planning)

The second component is the fee for investment advice and this fee is 0.66% of the funds under advice.

The total fee is capped at $17,700 per year.

* The flat fee and the fee cap are adjusted for inflation on 1st July each year.

Funds under Advice $400,000

Flat Fee $2,920 (Full Service) or $1,720 (No Financial Planning)

Investment Advice $2,640 (Full Service) or $2,640 (No Financial Planning)

Total Fee $5,560 (Full Service) or $4,360 (No Financial Planning)


Funds under Advice $1,200,000

Flat Fee $2,920 (Full Service) or $1,720 (No Financial Planning)

Investment Advice $7,920 (Full Service) or $7,920 (No Financial Planning)

Total Fee $10,840 (Full Service) or $9,640 (No Financial Planning)


Funds under Advice $2,400,000(and above)

Capped Total Fee $17,700

 

Ongoing Fees for Personal Insurance

Midsec will receive a 30% margin on the insurance premiums for policies placed through us. Periodic insurance reviews will be undertaken at no additional cost.

 

Contact us to talk to one of our advisers, or view our Financial Services Guide PDF.