Private Office / Fees
Compensation
Aligned to
Your Interests.
My Net Worth Private Office is a fee-for-service firm. We do not receive commissions, product rebates, or payments from any third party in exchange for recommendations. Every dollar we earn comes directly from you — and is tied to the quality of the advice we provide.
Our fees are structured in three ways, depending on the nature of your engagement. Clients with significant funds under advice pay an annual management fee on a tiered percentage basis. Those requiring a planning-led engagement are charged on an hourly basis, with a minimum commitment that reflects the depth of work involved. For high-income individuals who require ongoing, hands-on advisory without primarily asset-based billing, a fixed annual retainer is available.
In many cases, an initial planning fee can be partially or fully offset when the strategy is implemented and assets come under management. We will always confirm your fee structure in writing before any work begins.
All fees quoted exclusive of GST where applicable. My Net Worth is a licensed Financial Advice Provider (FAP).
Fee Schedule
Three Ways to Engage.
One Standard of Advice.
01 — Ongoing
Investment Management
An annual fee on assets under advice, tiered to decline as your portfolio grows. Billed quarterly in arrears on your actual portfolio balance.
Minimum effective rate
Partially offsets initial planning fee upon implementation. Billed quarterly in arrears. Exclusive of GST.
02 — Engagement-based
Planning & Strategy
Charged on an hourly basis for the preparation of financial plans, tax structuring, and estate strategies. Minimum engagement applies.
8 – 12 hours. Single objective.
16 – 22 hours. Multi-area.
28 – 40 hours. Full financial architecture.
Initial plan fee may be partially offset on implementation. Ongoing reviews billed at the same hourly rate as required. GST applies.
03 — Annual subscription
Advisory Retainer
A fixed annual retainer for clients requiring a high-touch, planning-heavy engagement without significant assets under management. Can be offset by investment advisory fees.
Investment advisory fees reduce the retainer payable.
Reviewed annually in line with scope.
Billed monthly. Where assets come under management, the investment advisory fee offsets the retainer and the difference is charged or credited accordingly. Exclusive of GST.
Fee Estimator
Get an Indication
of Your Advisory Fee.
Select a fee type, configure your situation, and see an indicative annual cost. Actual fees are confirmed in writing before any engagement begins.
Funds Under Advice
Enter your total investable assets currently under, or to be placed under, management.
Quick select
Estimated Annual Fee
$13,750
0.69% effective rate · $1,146 per month
Fee breakdown
First $500,000
1.00% × $500,000
$5,000
$500k – $1m
0.75% × $500,000
$3,750
$1m – $2m
0.50% × $1,000,000
$5,000
Total p.a.
$13,750
Indicative estimate. Excludes GST. Billed quarterly in arrears on actual portfolio balance. Actual fees confirmed in your advisory agreement.
