Financial Advice Pricing and Packages

Our unique packages model allows us to charge accurately for the work and value delivered. With Dumont you are not quoted some arbitrary number, instead every client is fairly and transparently paying the same according to the strategies. Packages are selected based on your needs and the corresponding strategy code. For example, if you are looking at retirement and setting up a pension, you will be able to locate that on our tables.

Advice strategy costs are payable once your advice has been presented. We feel this is fair given the work has been completed at that time. Implementation costs are also charged at presentation or upon the implementation of your advice once the work is completed, whichever is more practical. Ongoing management costs are deducted monthly as part of the management of assets. However, should the minimum cost apply to you, this is typically charged as a lump sum once a year for simplicity. 

There is no direct answer given advice is bespoke to every client and their strategies. Moreover, advice costs are either invoiced or deducted from the platforms like superannuation accounts, and this can result in different treatments. We suggest you consult with your personal tax accountant to discuss the cost deductibility for your given situation. 

We have created a unique and proprietary dynamic pricing model that enables us to take into account all the business and labour costs to derive an hourly rate. This rate is then applied to the estimated time for each 'strategy set'. This formula results in an accurate and fair pricing model that we can pass on to the Australian people - the is clear, fair and transparent. Moreover, as we seek to reduce costs and improve efficiency through systems and process, we aim to continue reducing the cost of packages to ensure that every Australian has access to affordable, quality and transparent financial advice. The objective is to review the pricing model at least annually to pass on this benefit to our clients. The percentage based implementation and management can therefore be significantly lower than many other firms to cover risk and time to implement your advice.

Once we deliver your bespoke financial advice we want to ensure that our strategies are helping you move towards goal achievement, whether in accumulation or retirement. We are looking to build long-term relationships with all of our clients. That being said, we encourage you to engage with us for a minimum of 12 months to ensure the structures, investments and strategies are performing. After this period, we will invite you to continue on and it is at your discretion. Making changes and adapting your strategies together over the long-term can have signfiicant benefits, reduce risk in portfolios, improve investment returns through strategic allocation and management, help with the management of cost on affairs, and importantly provide an available resource to you throughout the year the engage and utilise as required. We will help generate any statements, reports or material required to help you, as well as engage with your other professionals such as accountants and mortgage brokers to ensure that your financial wealth is managed properly.