Financial Services Guide
Part 2 – Authorised Representative
Disclosure Statement
Adviser Profile
This Adviser Profile forms part of the Financial Services Guide and provides you with additional information about Alps Network Pty Ltd which is a Corporate Authorised Representative (no. 404854) of Australian Financial Services Limited (AFS).
Adviser
Lance Meikle, Authorised Representative Number: 296207
Education
MBA
Adv. Dip. FS (Financial Planning) Diploma of Marketing
ASX Accredited Listed Products Adviser
Self- Managed Superannuation Fund (SMSF) Accredited
Memberships
Financial Planning Association
Financial Services Institute of Australasia
Experience
Lance Meikle is a CERTIFIED FINANCIAL PLANNER™ practitioner
Lance Meikle is a Fellow of Finsia – The Financial Services Institute of Australasia
Lance Meikle has been working as a Financial Planner in the finance industry since November 2005.
Adviser
Peter Larkin, Authorised Representative Number: 284504
Education
Diploma of Financial Planning Diploma in Financial Markets
Certificate of Superannuation Management
Certificate in Self-Managed Superannuation Funds ASX Accredited Listed Products Adviser
Experience
Peter has over 36 years’ experience in the financial services industry and his working career has included various positions in both management and financial planning at both State and National levels with major financial institutions.
Areas of authorisation
Lance Meikle and Peter Larkin are authorised by AFS to provide financial product advice and deal in the following areas:
Financial services Product types Is your adviser authorised to provide this advice?
Investments Basic Deposit Products
Managed Investments
Debentures
Investment Bonds
Direct Shares
Margin Lending / Gearing
Superannuation and retirement planning
Self Managed Superannuation Funds
Annuities
Corporate Superannuation
Personal Superannuation
Employer Sponsored Superannuation
Account Based Pensions
Retirement Savings Accounts
Risk insurance Insurance within Superannuation Total and Permanent Disability Insurance Income Protection Insurance
Trauma Insurance
Life/Term Insurance
Key Person Insurance
Fees
Fees for advice
Initial consultation
Free of charge. A telephone interview will be conducted to discuss your requirements.
Situation analysis report
If both parties wish to proceed past the initial consultation, we will provide a report outlining your current situation, options available to you and a conclusion of our findings. The fee for this report is $660 (incl. GST). There are no recommendations in this report.
Advice preparation and implementation
Having provided you with a Situation analysis report and gained an understanding of your financial needs, we produce a personalised Statement of Advice that will outline options, recommended strategies and investments/insurance we propose. Once it is established what entities we are providing advice to, we will be in a position to provide you with a fixed fee for the preparation and presentation of your Statement of Advice.
Underpinning our expertise and experience, we also utilise professional and comprehensive research to compare various investment and/or insurance options.
A Statement of Advice does differ in the level of complexity depending on each individual’s
circumstances.
Person (investment advice) $4,180 (incl. GST) Person (insurance advice) $2,893
Person (investment and insurance advice) $6,160 (incl. GST) Business (insurance advice) $15,444 per entity
Couple (investment advice) $6,160 (incl. GST) per couple Couple (insurance advice) $4,180 per couple
Couple (investment and insurance advice) $8,360 (incl. GST) per couple Trusts (i.e. Family or SMSF)
Investment advice $6,160 (incl. GST)
Ongoing fee
Investment
Option A
Ongoing advice and management of your financial affairs will be $8,767 (incl. GST) per annum. If you require your review/s and/or education out of our office, the fee will be $10,681 (incl. GST)
per annum.
Fee is payable yearly in advance and CPI adjusted. Fee includes:
Face-to-face, verbal and/or electronic access to Alps Network Pty Ltd as and when required (during normal business hours).
Financial planning roadmap – quarterly meetings either face-to-face, electronic or a combination of both; AND
Advice (via our research) on Australian shares (if you are trading via a ‘platform’ we have recommended, we will conduct the trade of our recommended shares on your behalf). Annual (or quarterly if required) investment portfolio review/s. The review will be face-to-face,
electronic or a combination of both.
Invitation to our annual Boardroom Briefing.
Invitation to our quarterly Investment markets & strategies update client seminars. Placement of additional investments.
Rebalancing, switching or replacing investments. Withdrawals – both pension and non-pension.
Account modifications (Changes to; name, address, beneficiaries etc.). E-newsletters and bulletins.
Option B
Ongoing advice and management of your financial affairs will be $5,445 (incl. GST) per annum. If you require your review/s and/or education out of our office, the fee will be $7,689 (incl. GST)
per annum.
Fee is payable yearly in advance and CPI adjusted. Fee includes:
Face-to-face, verbal and/or electronic access to Alps Network Pty Ltd as and when required (during normal business hours).
Financial planning roadmap – quarterly meetings either face-to-face, electronic or a combination of both; OR
Advice (via our research) on Australian shares (if you are trading via a ‘platform’ we have recommended, we will conduct the trade of our recommended shares on your behalf). Annual (or quarterly if required) investment portfolio review/s. The review will be face-to-face,
electronic or a combination of both.
Invitation to our annual Boardroom Briefing.
Invitation to our quarterly Investment markets & strategies update client seminars. Placement of additional investments.
Option C
Ongoing advice and management of your financial affairs will be $3,740 (incl. GST) per annum. If you require your review out of our office, the fee will be $4,356 (incl. GST) per annum.
Fee is payable yearly in advance and CPI adjusted. Fee includes:
Annual investment portfolio review. The review will be face-to-face, electronic or a combination of both.
Invitation to our annual Boardroom Briefing
Invitation to our quarterly Investment markets & strategies update client seminars. Placement of additional investments.
Rebalancing, switching or replacing investments. Withdrawals – both pension and non-pension.
Account modifications (Changes to; name, address, beneficiaries etc.). E-newsletters and bulletins.
Ongoing fee
Insurance (risk)
A comprehensive review will be offered to you on a yearly basis (within 30 days of your policy anniversary review date). This review is $0 or 0%.
Project management of personal insurance claims is $5,940 (incl. GST) and CPI adjusted.
Any Fee for Advice Tax Invoice must be paid within seven (7) days of the date of the Tax Invoice being issued to you.
Payment must be made payable to Australian Financial Services Limited.
Salary
Lance Meikle and Peter Larkin receive a salary as employees of Alps Network Pty Ltd Lance Meikle and Peter Larkin receive a share of profits in their capacity as Directors and
shareholders of Alps Network Pty Ltd
Benefits, Incentives, Interests or Associations
Where we place sufficient volume of business within master trusts, wraps and platforms ('Platforms'), AFS may forward to us 100% of all ongoing fees which relate to investments in those Platforms.
Neither Alps Network Pty Ltd nor any of its advisers:
Hold any shareholding in any other company that could be capable or might reasonably be seen to be capable of influencing us in the provision of advice.
Alps Network Pty Ltd may receive sponsorship and non-cash benefits in relation to certain financial products.
Do not receive any soft dollar benefits from and have no material interest in or associations with any issuers of financial products that may be capable or might reasonably be expected to be capable of influencing my advice.
Acknowledgement
I/We acknowledge that Lance Meikle / Peter Larkin of Alps Network Pty Ltd has provided me with the Financial Services Guide and Adviser Profile.
________________________________ __________________________________ Client Name Client Name
________________________________ __________________________________ Signature Signature
_______________ _______________ Date Date