Financial Advice
In spite of the cost of living, it's still popular.
Fees
Once you are a member of Quadrant you are entitled to receive advice on your Quadrant accounts provided by our qualified Quadrant First financial advisors. This is all part of the great service you receive as a Quadrant member.
If you require more detailed financial planning on matters other than superannuation and retirement, any applicable fee would be discussed and agreed with you before we prepare any recommendations.
Our advisors also provide free fund comparisons so that you can compare your current fund(s) to Quadrant, to see how we stack up!
Commissions vs fee for service - what does it mean?
Reports suggest that some people are paying up to 13 times too much in commissions to some financial advisors. It is important to be aware of exactly what fees and commissions you are paying before you seek financial advice, as small differences in fees and costs can have a substantial impact on your long term investment returns.
Retirees could be about $60,000 better off if they paid a direct fee for financial advice, rather than paying ongoing commissions. Fee for service advice is much more cost effective than commission based advice, and it has also been found that fee for service based financial advice often results in the recommendation of products that cost less than those recommended by commission based advisors.
