FAQ’s
Frequently asked questions
How much does it cost to have an appointment?
No cost! We always like to see if we can help you first. If we think we can, we’ll explain our advice process and then provide you with the fee to receive financial advice.
You can then make the decision if you’d like to move forward with our services.
What’s the typical cost of receiving financial advice?
Our fees are based on the complexity of advice and typically range between $2,200 and $4,000 (once off fee, inclusive of GST). After our first meeting, we’ll be able to give you the cost for receiving advice.
How do you typically invest your clients money?
Firstly, we need to do an evaluation of your willingness and ability to take
investment risks relative to your financial goals. This is important so we can determine a proper investment asset allocation for your portfolio.
We always like to diversify your investments through different asset classes to help reduce volatility and protect your wealth. We’ll discuss our investment philosophy in more detail during your appointment.
Are you aligned to any organisations or dealer group?
No, we aren’t. Greybox Wealth works under its own Australian Financial Services License (Regional Weaalth Pty Ltd AFSL: 536535). This gives us the flexibility to provide advice on a range of financial products, making sure our advice is in your best interest.
Can you do online or phone appointments?
Yes we can, we are more than happy to hold an interview over the phone or via Microsoft Teams. If we do provide you with financial advice, we will try our best to see you face to face for your second appointment.
You’re based in Victoria, but you’re happy to see me if I live interstate?
Absolutely, we have clients based outside of Victoria who we see regularly. We can hold interviews via the phone or Microsoft Teams. And where we can, we’d like to travel to see you face to face.
I’m a new client, what is your advice process?
Firstly, we have a meeting to see if we can help you. We’ll go through your current situation and discuss what goals you have financially. After the initial meeting, we’ll be able to tell you if we can help, and what the cost will be to receive advice.
If you’re happy to move forward, we’ll go away and document our advice in a report called a ‘Statement of Advice’ or ‘SOA’. The SOA stipulates the grounds of our advice, any considerations you’ll need to know, costs, reasons why it’s in your best interest and potentially some projections.
We’ll meet again and go through your plan and if you’re happy, we’ll provide the paperwork and support to implement the plan.
Do you offer any ongoing services at Greybox Wealth?
Yes we do, we have certain clients that require an ongoing service to manage their financial affairs. If that could be appropriate for you, we’ll raise it in your first appointment as an option going forward.
Still have further questions you’d like answered? Please contact us here and we’ll get back to you as soon as we can.
