Contact Details

Address
358 Rokeby Road, SUBIACO
Western Australia 6008

Postal Address
PO Box 435, SUBIACO
Western Australia 6904

Phone +61 8 9388 7007
Fax +61 8 9388 7004

service@vertexfs.com.au

Fee Structure

Our Philosophy
  • To call you our client, we must add value to the relationship.
  • To ensure confidence in our advice we must keep it free from any external influence or bias.
  • We seek to be identified as a professional provider of quality and considered financial advice and services.
  • We also seek to earn income from our activities.
  • Our continued existence, as well as our credibility, is founded on us completing our commitments to our clients by the agreed time and for the agreed fees, with exceptional service.
  • Relationships with our clients will only flourish where there is genuine trust and openness, and where there is no hidden or implied bias, or financial consideration, to recommend any particular investment.
What We Need From You To enable us to provide the services effectively and efficiently you will need to advise us of your relevant personal circumstances including:
  • Financial objectives
  • Financial situation
  • Financial needs
  • Financial and life goals
  • Purpose of seeking the services
  • Desired results from the services
Once you have provided all necessary information we will analyse that information then develop and present our recommendations.

You will meet with us to discuss our recommendations and to instruct us to implement or modify the agreed strategies.

It is important that you take ownership of your financial decisions. We can help you make appropriate decisions, but those decisions remain yours. If you do not feel totally comfortable with the decision or making a decision then you must seek more information and advice from us until you are comfortable.
Our 10 Step Comprehensive Process
  1. An initial free consultation to determine whether or not we can help you.
  2. Should both parties want to proceed, a Vertex adviser will complete a FACT FIND document with you. This document will ask you for all your current personal and financial information, together with your goals and desires for the future.
  3. Your adviser will discuss the various plan types with you. Together you will select the most appropriate plan for your needs and agree to the PLAN TYPE and a PLAN FEE.
  4. The Vertex team will then prepare the plan for you.
  5. You will then be called in to go through that plan with the VERTEX adviser.
  6. After having read, understood and discussed the strategy, the plan may need to be modified / altered – then presented to you once again and agreed upon by you.
  7. Once the plan is exactly as you would want it, you will need to sign an authority to proceed.
  8. Once the authority to proceed has been received, the Vertex team will commence the implementation of the plan. This typically involves completing application forms and the organisation of transfers of funds.
  9. The Vertex team will then process and complete the required tasks, keeping you up to date at all times.
  10. Upon completion, Vertex review and service your account.

Summary Schedule of Statement of Advice Fees – Personal

Initial Consultation Complimentary

Time: Approx 1 hour

In order to provide advice and begin structuring a strategy to secure and protect your financial future, we need to fully understand your current financial position and your goals. We discuss your objectives, understand where you are currently and where you want to be in the future, discuss our services with you and outline some broad strategies we feel will achieve those objectives.
Limited Financial Plan (LFP) $1,639.00 inclusive of GST - Specific advice related to one financial area

This could include specific advice in relation to insurance, superannuation, investments, rebalancing of existing investment portfolios or superannuation consolidation. Limited to one specific financial need. Generally this may involve:
1. investments up to $100,000.00
2. insurance premiums up to $2,500.00pa
3. referrals to other service professionals.
General Financial Plan (GFP) $4,290.00 inclusive of GST

This plan will cover all areas of your personal financial situation. Generally limited to not more than 2 entities / structures.

The development of a General Financial Plan involves undertaking a full analysis of your current situation in order to provide specific recommendations to assist in the achievement of stated goals and objectives :

Our Process
Data Collection
  • Gather all personal and financial information that may be relevant to developing appropriate strategies.
Goals & Objectives
  • Discuss and establish short, medium and long term goals and objectives.
  • Assign priorities to chosen goals and objectives.
Identify relevant areas of Advice

This process will focus on the main areas in which you are seeking advice in order to develop an appropriate strategy to assist in achieving your stated goals and objectives. This may include:
  • Superannuation and retirement planning.
  • Personal and business insurances.
  • Investments, including tax effective investment strategies, gearing strategies and managed funds
  • Taxation management
  • Risk profiling and asset allocation
  • Estate planning
  • Restructuring or creating new entities
  • Advice on and referrals for: Finance, General Insurance, Wills, Stockbroking and Accounting services
Comprehensive Strategic Financial Plan (CSFP) $6,050.00 inclusive of GST

This plan will cover all areas of your personal financial situation.

Development of a comprehensive strategic financial plan involves undertaking an in depth detailed process which incorporates managing the implementation of the recommended strategies. The process could include the following:

Our Process
Data Collection
  • Gather all personal and financial information that may be relevant to developing a comprehensive financial strategy
  • Collate information, check accuracy and confirm asset ownership
Goals & Objectives
  • Discuss and establish short, medium and long term goals and objectives.
  • Assign priorities to chosen goals and objectives.
Strategy Formulation
Design the appropriate structures and strategies that will facilitate achieving financial goals and objectives taking into account:
  • Income & cash flow
  • Tax efficiency
  • Appropriate tax structures
  • Tax planning
  • Capital expenditure
  • Time horizon
Investment Selection
Design appropriate investment portfolios to optimize asset performance for various structures taking into account the following:
  • Understanding attitudes to risk
  • Developing Individual risk profiles
  • Detailed research of products and specific investments
  • Selection of investment platforms and administration providers
  • Aligning financial strategy with the appropriate investment managers.
  • Provision of specific recommendations.
Risk Management
Development of a comprehensive risk management strategy including:
  • Analysis of required levels of cover
  • Thorough research of specific risk management products and providers
  • Selection of appropriate risk products
Estate Planning
Development of a comprehensive estate planning strategy designed to facilitate the transfer of assets to beneficiaries in accordance with your wishes.
No Advice Execution $ 330.00 inclusive of GST

This will constitute a fee based upon the adviser / administrator / paraplanner hourly rate plus GST

This is where you instruct us to execute transactions on your behalf and where no advice is given. This includes the implementation of your specific request and confirmation of specific transactions. You will be charged an hourly rate to complete your request.

If this is for an insurance application and the insurance is declined, or you wish to cancel the application, or it does not proceed for any other reason, then Vertex Financial Solutions will invoice you for the time spent in completing the file till that date and you will be obliged to pay any costs incurred till that time.
Implementation Fees (IMP) 1. Minimum 2% implementation for investments – to a scale.
2. Hourly rates for non investment implementation and referrals

Minimum of $1,500.00 to maximum of $10,000.00 per client
Hourly Rates Plus GST In addition to the fees and services detailed above, our advice and services are available to you on an hourly rate basis as follows:

Anthony Torre (Principal) - (Financial Planner / Authorised Representative)
$330.00 per hour inclusive of GST

Support Adviser - (Financial Planner / Authorised Representative)
$242.00 per hour inclusive of GST

Paraplanner - (DFP Qualified)
$220.00 per hour inclusive of GST

Administrative Support
$88.00 per hour inclusive of GST

 

NB:  Any other income received from recommendations within the plan will be fully disclosed in the Satement of Advice.