All ages
$12,999
Families & Owners
Rask Advice’s Platinum service includes holistic and investment-focused advice, catering to entrepreneurial people such as high-income professionals, business owners, executives and advanced investors. It also covers SMSF establishment and management, estate planning, family trusts, and investment bonds. You’ll receive receive quarterly financial advice coaching and a quarterly business catch-up with Owen.
The Rask Advice team is growing rapidly to meet demand from Australians seeking expert and aligned financial advice services, whether in accumulation or retirement. Already, the Rask Advice team has over 40 years of combined financial services experience, with many more years if you include the broader Rask Group, our Investment Committee and Consultants. Get to know our team.
Our advice fees cover… well, our advice.
Similar to how an accountant doesn’t pay your tax bill, we do not pay for all of your financial life. But we do try to minimise these at every turn.
In addition to fees charged by us, typically a customer of Rask Advice typically encounters a range of costs charged by other parties:
Billionaire Charlie Munger was known to say, “show me the incentive and I’ll show you the outcome.”
Our incentive is to provide the best advice we can, so you come back to us in the future. And the only fee we want to receive is the advice fee, which you’re told in advance.
At Rask, we’re blessed to have an enormous community around us. We don’t advertise or push for referrals. We apply stringent tests to determine if someone is right for our advice service (after all, it’s a partnership). Because of that, your Rask Adviser will never be under pressure to sell you something. Furthermore, booking a call with our team does not guarantee an advice partnership with Rask Advice.
Finally, we’re simply not capable of servicing everyone who comes to us. Other advisers may be better at certain things, including our advice partners.
Situations we won’t often deal with:
Implementation refers to an adviser, or their team, “setting it all up for you.”
We’ll work with you during the screening process to determine if implementation is something you’ll need, and how we would help.
Our Financial Independence (FI) package does not include any implementation support. All other packages include it within the yearly advice fee (yes – you read that right: we include this cost in our fixed advice fees!)
For one year of service, many advice firms might charge you something like this:
(You can do the math – ouch!)
Rask Advice fees for one year:
Remember: our ongoing advice is optional and only charged after 12 months (if you want it).
We don’t lock you into any ongoing advice upfront, but of course we can do it.
Yes. Because our advice fees are fixed, we can manage your wealth in our preferred technology platform for the same fee as the strategic advice.
Please note: you still pay other fees and costs, like brokerage, Super fees, platform costs, etc. These are disclosed to you in your Statement of Advice.
We want that too! The thing is, we don’t expect anyone to commit to paying an “ongoing fee” within days of meeting your financial adviser.
Our packages are designed to be cost-effective over the long run.
By opting for ongoing advice before the end of the first year, you can effectively lock in continuous access to your advice team and the price you paid.
Note: we will not sell you on this and we also reserve the right to cancel the agreement. For you, it’s an optional thing and it provides our customers with a lot of confidence they can call us at a moment’s notice. Think of it like a safety net.
No. Please read our Financial Services Guide (FSG).
You’ll still pay for things like Super admin costs, insurance premiums, brokerage, investment platform fees, ETF fees, etc. – just like you would if you DIY your plan or go to another adviser.
It’s our advice fees that are fixed.
Note: All of our advice and modelling team members will research and try to recommend the lowest cost services, platforms and products for you – but we won’t choose the low cost option if it’s not a good offering for you. All fees and costs will be disclosed in your financial plan – including the costs that don’t go to us.
