SMSF Advice Service

Under current legislation, an accountant must be licenced to provide you with guidance concerning your Self Managed Superannuation Fund. Accountants can be licenced or authorised, provided they meet the appropriate education standards, to provide you with such advice. Wealth Management West (“WMW”) is a Corporate Authorised Representative (No. 125 3022) and Darren Newton is an Authorised Representative (No. 125 3023) of the SMSF Advisers Network (ABN 64 155 907 681) AFSL No: 430062 www.san.com.au

As an Authorised Representative of SAN, Darren is authorised to provide you with strategic advice on:

• SMSF Establishment
• Contributing to a SMSF
• Pension Commenced and maintenance within an SMSF
• Your investment profile (but no specific investment advice)
• Deposit products including bank accounts and term deposits.
• Winding up of an SMSF.
• Ongoing review and guidance in relation to the above.

For the purpose of establishing an SMSF, we will collate your personal information using our fact finder and determine if an SMSF is appropriate for you.

Advice Preparation Fee (SMSF establishment, Pension Commencement)

This is a one-off fee charged for the preparation of the advice provided. Professional Advice Fees can range from $350 to $3,000 plus GST. The cost will be determined by the advice provided and your advice requirements. This fee is applicable even if you decide not to proceed with the advice provided.

Hourly Rates

A typical rate for service arrangements is between $80 and $500 per hour plus GST. This is an incidental advice rate, where a quote will be provided before proceeding.

All fees are paid directly to SMSF Advisers Network who then pays the income to the Authorised Representative on a bi-monthly basis.

Referral Fees

SMSF Advisers Network Pty Ltd and its Authorised Representatives may work closely with many professional people and organisations such as solicitors and clubs to assist in providing you with advice.

Where we receive referrals from these sources, there may be a referral fee paid or received. Referral fees are not a separate charge to you. Referral fees will be disclosed to you at the time of referral and/or will be detailed in your Statement of Advice.

WMW currently do not have any referrals in place.

Information collection

It is understood that you authorise the collection, use and disclosure of personal information for the purpose of providing the services offered by WMW as outlined in the ‘’WMW Privacy Statement’’. You understand that unless you consent to the collection, use and disclosure identified in the Privacy Statement, WMW will not be able to deliver its services to you. Where there is any change to this authority or the information you have provided, you will be required to notify the Adviser and WMW of the change.

SMSF Responsibility

You must acknowledge that you maintain ultimate responsibility for the operations of your SMSF (should one be established). You can engage the services of third parties, including but not limited to an accountant, auditor, tax agent, adviser and actuaries. However, you understand that you are bound to retain control over the SMSF. Ultimate responsibility and accountability for running the SMSF in a prudent manner lies with the you as the trustees.

SANS Financial Services Guide Download PDF

For all enquireis, please submit a form through our "Contact Us" page and WMW will get in contact with you.