Financial Planning Fees
It is always our intention that every client relationship will be a long term one. For this reason we will outline with you in our first meeting who we are, what we do, and how we are remunerated. From our point of view we need to gain a thorough understanding of your circumstances and, more importantly, your dreams and aspirations for yourself and your family.
Initial Meeting
Everyone's circumstances are different and as a part of our initial meeting we will identify the work that needs to be considered to prepare your financial strategy.
There is no charge for our initial Meeting.
Subsequently, we will agree with you the fee that will apply for any work to be undertaken, and seek your written authorisation to commence this work.
Initial Advice Preparation
The work covered in the initial preparation of advice includes developing the strategies, preparing the recommendations and the basis on which they are given, along with detailed information about all fees and costs and any associations related to the advice.
The fee for this initial advice preparation will vary depending on your individual circumstances and the complexity of advice required.
Insurance Brokerage
We receive initial and ongoing revenue in the form of brokergae on all life and disability insurance products recommended, upon successful completion of the application.
These brokerages are not an additional cost to you, but are included within the quoted premiums. Vivid Financial has relationships with insurers that ensure the premiums you pay are very competitive.
Agribusiness Investments
Due to the nature of agribusiness investments and the time involved in researching, selecting and negotiating access to the most sought after investments, we receive brokerage on these types of investments.
Any amounts payable to Vivid Financial will be fully disclosed in writing prior to your acceptance of our recommendations.