Your first consultation is complimentary.

Financial advice costs can vary depending on the required time and complexity of the advice and implementation.

For those seeking advice, your initial meeting is complimentary and will not incur any cost. This first meeting is to better understand your situation and what you are seeking guidance in relation to, as well as your overall goals and objectives. It also gives us both the opportunity to determine whether we are comfortable working together both now and into the future.  

If we agree to move forward in researching and preparing your financial advice, then a fee will be determined and advised prior to you proceeding with anything. It’s important that all fees are transparent and you have time to consider everything before we begin the process.

‍Ongoing costs  

Most financial plans generally require ongoing intervention over time. Investments will require reviews and changes periodically over time to ensure they remain in balance and appropriate. Other factors such as economic, legislative and your own situation will change over time and potentially impact any long-term plans. 

How much assistance is required in relation to these areas will often vary depending on a person’s stage in life, overall situation and also their comfort in managing their finances. 

At JB Wealth Solutions, we offer different options in relation to ongoing advice to ensure that you are able to match your required level of service with your ongoing financial requirements.

These options include:

One off advice: Sometimes all you need is advice in the first instance and this will be enough to get you moving in the right direction. If this is the case, we are more than happy to provide this service.

Ongoing advice service: Ongoing advice involves paying an ongoing fee for us to assist you with your investments and financial situation over time. We will also catch up for reviews annually or as needed to deal with any required changes and to ensure you remain on track. We often call this the ‘financial hand hold’. 

• Potentially this fee may be paid from your superannuation or investment fund but will depend on your situation. 
• Ongoing advice is administered under a fixed term arrangement where advice agreements are issued to cover a 12 month period with an agreed fee.
• These agreements are renewed every 12 months to ensure you are still comfortable and are receiving sufficient benefit under the arrangement. 

Ad-Hoc advice service: Should you feel you don’t need an ongoing advice arrangement, the ad-hoc advice service allows you to appoint as needed at any point during your financial journey. As per initial advice, once advice needs are understood, a fee will be determined and advised prior to proceeding with anything.  

‍Other options

We also provide a number of services that are charged on an hourly rate basis. These are generally charged at $330 per hour. These services may include:

• Education meetings - Where you wish to obtain general advice or knowledge around certain subjects such as aged care.
• Centrelink assistance - Assistance in applying for Centrelink benefits, disputes or updating your income and asset details
• Insurance claims – Helping you in making a claim on your personal insurance policy and assistance in dealing with the Insurance provider.

Benevolent Assistance

At JB Wealth Solutions, we are acutely aware of the impact good financial advice can have on someone's life.

We are also very aware that some people may not be in a position to afford the required advice they need or deal with other matters such as Centrelink or superannuation disputes.

If you are in this situation or know someone like this, then please reach out and we can organise a confidential discussion to see if we can assist.