How Much Does Financial Advice Cost?

What factors influence the cost of financial advice?

If you’ve been looking into seeking professional financial advice but the possible price is holding you back, we hear you! One of the very first questions that people ask themselves when they seek financial advice is, “How much does this cost?” and whilst the cost can vary depending on a number of factors we pride ourselves on transparent pricing! 

At Allied Wealth, we know that being transparent, especially when it comes to finances,is crucial, and we aim to offer transparent and comprehensive pricing subscription plans so that you can get expert advice every step of the way. 

Here is a comprehensive guide to what factors influence the cost of financial advice and how much you can expect to pay with our subscription plan. 

Complexity of your finances 

One of the main factors that may influence the overall cost of your financial advice services is how complex your situation is. The cost of independent financial advice can depend on your current financial situation, your goals, your assets and your risk tolerance. 

When it comes to providing you with the best financial advice, advisors have to assess your financial situation to provide you with tailored recommendations. If your financial situation is more straightforward, you might require just basic advice. But if you have a more complex financial situation you might be charged at a slightly higher rate due to the increase in work for your advisor. 

Services on offer 

The range of services you need will also impact the overall cost of financial advice. If you’re only seeking advice on retirement planning, you may pay less than if someone was needing guidance with retirement planning, investment advice and SMSF advice

At Allied Wealth, our subscription plans are tailored to individuals that require a comprehensive range of services. Our 12-month plans which start at $550 a month include scenario analysis, initial and ongoing advice, quarterly investment updates, bi-annual review meetings and ongoing access to your advice that you can get personalised guidance tailored to your needs without hidden fees. 

Different pricing structures

The pricing structure used by financial advisors also plays a role in determining the overall cost of their services. Some advisors will charge a flat fee for their specific services whilst others might use a percentage-based fee structure. 

At Allied Wealth, we think that transparent pricing is key to a great advisor/client relationship. Our subscription plan means you get a fixed monthly fee so you know exactly what you’re paying each month. Avoid hidden charges or expensive surprises and remain focused on achieving your financial goals when you work with our team of expert independent advisors. 

Contact Allied Wealth today 

To find out more about our pricing structure and the types of financial advice services we offer, you can contact a member of our team today

If you’re looking for transparent pricing from a team of expert independent financial advisors you have definitely come to the right place! 

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram