Our Fees

Financial planning

McKinnon Financial Planning tailors financial plans to suit the individual situations of our clients and we charge a set fee (plus GST) for spending the time to develop strategies that suit your situation. The costs associated with producing a financial plan may be tax deductible (depending upon your circumstances) which will reduce the cost to you significantly.

We have three cost levels of financial plans:

FINANCIAL PLAN TYPE	SERVICES INCLUDED	COST
Total financial planning service 'Total Service Client' 'TSC'	Prepare Foundation Financial Plan Implement strategies Review investments regularly Annual Financial Plan Review Administer financial products (Superannuation \| Investments \| Insurances) Reduced adviser fees on managed investments Co-ordinate legal, accounting and tax requirements	$4,750.00 and $275.00 per month
Starter Financial Plan	Prepare basic Financial Plan and implement strategies	$3,750.00
Comprehensive Financial Plan	Prepare comprehensive Financial Plan and implement strategies	$5,450.00
Personal Risk Management Plan	Prepare Risk Management Plan If strategies are implemented, plan fee is refunded	$2,500.00 [TSC $1,250.00]
Financial Planning Advice	Specific research or advice as required	$275.00 per hour [TSC $175.00 per hour]

Insurance, mortgages, and superannuation

For most insurance products, mortgage and finance products, investments, and superannuation investment products, we may receive a commission. These commissions vary, depending on the company, the product, and other factors.

The range of commissions are detailed in the McKinnon Financial Planning's Financial Services Guide ('FSG') and McKinnon Financial Services' Financial Services and Credit Guide (FSCG) for mortgages.

Each situation is different. If we prepare a comprehensive financial plan for you and provide total service, we will not charge any commissions on investments.

The actual commissions for each product we recommend will be clearly itemised in your Statement of Advice in your financial plan.

McKinnon Financial Planning Pty Ltd ABN 74 155 233 784 Australian Financial Services Licence 417488 | McKinnon Financial Services Pty Ltd ABN 82 056 817 648 Australian Credit Licence 392173 | General Advice Warning: Information contained in the pages of this website is of a general nature only and has not taken into account your particular circumstances. You should consider whether any strategies and or investments mentioned in this website are suitable for you and seek personal advice from a licenced investment adviser before making any investment decision.