Bastion Financial Group is a ‘bastion’ to the concept of Fee for Advice, and we pride ourselves on having a completely transparent fee-for-advice business model.

Before you engage us, we’ll explain upfront exactly what services we’ll provide and what they will cost, acting only when we have your written approval and agreement.

Your first meeting with us is absolutely free (we believe the ‘Discovery meeting’ is an opportunity for us to meet you and understand your aspirations), with no ongoing obligation to use our services.

Because we’re a business who upholds and maintains high principles around ethics and professional practice standards, you can be confident we’ll only recommend investments and financial products that are in your best interests.

Most importantly, we never take commissions on investment products from the financial institutions that provide them.

Our fees

Here are the some of the fees you may need to pay when you engage us, depending on the services you choose:

Statement of Advice fee

The Statement of Advice is a fixed, one-off fee for preparing your initial statement of advice, including:

• Researching and analysing your investment objectives and current situation.
• Developing a plan to help you achieve your immediate and long-term lifestyle goals.
• Creating a detailed Statement of Advice, setting out your plan for the future.
• This establishes the foundation, the ‘blueprint’ from which we will build on towards your future.

The fee will depend on the complexity of the advice and the time required to deliver it. We will clearly outline the cost and obtain your written approval before we start.

CLIENT SERVICE AGREEMENT FEE

The Client Service Agreement Fee is a fixed, annual fee for managing your wealth and ‘financial house’ from year to year, including:

• Quantifying, measuring and tracking your over-arching financial strategy relative to your financial and lifestyle goals.
• Pro-actively adjusting your established financial strategy in line with legislative, regulatory and economic changes.
• Wealth Management across structures
• Tracking and reporting on portfolio performance.
• Managing dividend payments, fund distributions and other investment income and outgoings.
• Managing significant life events, at both the business and personal level.
• Keeping you informed about significant market developments and regulatory changes.
• Proactively identifying new investment opportunities and mitigating emerging risks.

This fee is calculated on a set formula, and is based on the complexity of your financial planning requirements, and the level of commensurate professional advisory service that you need.