Financial Planning is the process of identifying your financial goals and devising a plan to achieve them. Your goals may include buying a home, saving for your children’s education or planning for retirement. This is something we can help you with.
We will take the time to look at your short and long term financial goals, and with you, establish an investment strategy to help you achieve these goals.
At Blue Lantern Financial Services we can help you meet your financial objectives by providing a full range of services.
Blue Lantern Financial Services is primarily a fee for service practice, (over 75% of our income is fee based) with the balance being insurance brokerage. Any investment commissions are rebated in full.
The three payment models are:
Statement of Advice (SOA) Preparation Fees
A professional fee for the preparation of a Statement of Advice (financial plan) is between Nil & $3,000 plus GST (in rare instances may be higher).
Depending on the complexity of your situation, work to be performed by our financial planners and support staff is calculated on a fixed fee basis.
The fee to apply will depend on the complexity of the Statement of Advice and it will be quoted and agreed upon with prior to any work commencing.
Implementation fees vary considerably and depends on the complexity of the advice and the amount of funds being managed. They are typically in the range of $2,000 – $10,000.
Ongoing Adviser Service Fees
Ongoing Adviser Service fee will be either a flat fee negotiated between yourself and your adviser or will vary from 1% -1.65% p.a. for most investments.