Examples of investment advice in a sentence
For larger sums the effect of the sliding scale Investment Advice fee and a $440pm Ongoing Independent Financial Planning Advice fee results in a lower percentage cost as outlined below: For a $4m investment in our Model Portfolios and a $440pm Ongoing Independent Financial Planning fee, the total OA&CS fee would be $2,090pm or $25,080pa which equates to 0.63% pa incl.
For example, for an investment portfolio of $4m, not on our Model Portfolios, the Independent Investment Advice component using the above sliding scale would be 0.495% plus a loading of 50% which equates to $29,700 or 0.7425% pa.
For this active management of your investments using our Model Portfolios our Ongoing Independent Investment Advice fee is calculated on the value of the portfolio before the 30 June each year, and set for the next 12 months using the following sliding scale: First $2,000,000: 0.66% p.a. incl.
Where our Model Portfolios are not utilised our Ongoing Independent Investment Advice fee may be higher or lower than the above sliding scale, depending upon the nature and complexity of the work involved.
For an investment of $4,000,000 in our Model Portfolios our Ongoing Independent Investment Advice fee would be $19,800pa incl.