What are the fees?

We are a fee for advice business which means that we have computed what it costs us to produce our work and how much financial value is being delivered as a result.
So we charge a flat fee for our initial work and a separate fee (also flat) for any ongoing work that we provide.
Our latest fees are provided in our Financial Services Guide.

Is CommonCents Financial Planning owned by a bank?

No, we are not owned by a bank or any other large or small financial institution.

Are you qualified?

Yes. We hold Diplomas of Financial Planning, Masters Degrees in Financial Planning, Commerce Degrees and are members of the Financial Planning Association

Are you licensed?

Yes. We are Authorised Representatives of MLC Financial Planning AFSL 230692. We pay MLC Financial Planning a flat annual fee for them to provide us with the services of audit & compliance, investment research, an insurance research and legislative & technical research.

Are there any affiliations with banks?

Whilst CommonCents Financial Planning is owned by individuals, our licensee MLC Financial Planning is a wholly owned subsidiary of NAB.

What benefits are provided by MLC Financial Planning in return for placing investments with any related companies in the NAB Group?

None. We do not receive investment commissions, rent subsidies, discounted printers, computers or computer software or fully or partially subsidised tickets to conferences either in Australia or abroad. We are remunerated by our clients only when we can demonstrate sufficient value to warrant.

Are you experienced?

We have over 30 years combined experience and have insights into the intimate money habits of over 2,000 financially successful families.

Who do you normally work with?

Our clients that we believe we provide the most value are those busy young families, typically in their 30’s and 40’s, that say all their income goes to school fees, that wish they had something set aside for a proper holiday and are frustrated that despite making good money they don’t feel any better off.

What sort of products do you use?

We employ Superannuation, Life Insurance, Total & Permanent Disability Insurance, Trauma Insurance, Income Protection Insurance, Managed Investments, Investment/Insurance Bonds

What sort of advice do you provide?

Comprehensive advice that may or may not involves us providing implementation services so that our clients can stop worrying about their money problems
CommonCents Financial Planning | P 1300 376 781 | E This email address is being protected from spambots. You need JavaScript enabled to view it.
CommonCents Financial Planning Pty Ltd ABN 15 167 774 361 Authorised Representative of GWM Adviser Services Limited ABN 96 002 071 749 trading as
MLC Financial Planning, Australian Financial Services Licensee, 105 – 153 Miller Street North Sydney NSW 2060
Commoncents Financial Planning
115 Herries Street
Toowoomba QLD 4350
Phone: 1300 376 781
Fax: 1300 376 791