Luke Jensen

Propel Financial Advice is a “fee for service” financial advice business. The fees charged for our advice are based on the time and complexity of the advice being provided.

As a result, the initial discovery meeting is at our expense, meaning there is no charge to you.

This is to help ensure we fully understand your needs and are able to take the time to provide high quality advice. We pride ourselves on transparency, and are unable to quote a fee for our advice or services until we have met and understood your needs in detail.

Once we understand your needs in detail and are able to quantify the degree of work required, if any, then we can explain our fees to you. If you are happy with his we will proceed on this basis. If you are not comfortable with paying this fee then there is no obligation and we can part ways with no expense incurred by you.

The way in which we charge for financial advice is in one or a combination of the following methods:

Plan (SOA) Preparation Fee: This is to prepare and present a statement of advice (SOA) outlining our recommendations

Implementation Fee: This is to cover the cost of implementing any recommendations.

Ongoing Advice Service Fee: If your needs require it, you may enter into an ongoing advice arrangement, where you pay a set monthly fee for our ongoing advice and service.

Ad Hoc Fees: From time to time clients may require a transaction to be completed, or some additional advice requirements. In these instances we can charge a one-off fee for these needs.