Michael Davie
Kuda Wealth Pty Ltd
Kuda Wealth - Currency for life.
Michael Davie has over 25-years experience working in the financial services sector. Michael is director and practice principal of Kuda Wealth Pty Ltd, a Corporate Authorised Representative of Watershed Dealer Services Pty Ltd.
As a financial planner, Michael builds a deep understanding of his clients current circumstances. He creates quality long-term relationships with his clients as they work towards and ultimately through their retirement goals.
Michael Davie and the team at Kuda Wealth strategically help clients create funding options for their specific, wealth independence needs.
We all recognise that life's most precious asset is not the size of our stock or share portfolios, the amount of investment properties we accumulate or the acquisition of precious metals or gems; it is more simply our health, coupled with our finite resource of time.
The team at Kuda Wealth provide financial advisory support to their clients so they can spend their finite resource with the people, causes and activities that resonate and matter most to them.
These objectives are different for everyone, as are the strategies and solutions for developing the right amount of funding. Kuda Wealth takes the time to understand, prioritise and build practicial and reliable funding strategies for increased peace of mind, a term they refer to as 'currency for life'.
Financial Services Guide & Planner Profile
Expertise
My fees
Kuda Wealth Pty Ltd apply upfront advice fees and ongoing advice fees, which differ based upon the complexity of the advice and ongoing service requirements of the clients and their portfolios.
Our initial consultation and discovery meeting is conducted at our expense. We aim to determine how we can help and if we will be the right fit for the client, their goals and objectives. If our discussions advance to the need for a financial plan (known as a Statement of Advice or S.O.A), we will determine an upfront advice fee, which will include the research, strategy mapping and financial plan construction. The fee includes the Statement of Advice presentation meeting, and any implementation work associated with the advice strategies. These fees can range from $1,650 (Inc GST) through to $5,500 (Inc GST) depending on the number of entities requiring advice and the complexity of the client's circumstances.
Our ongoing advice is based upon either the Funds under Management (FUM), the frequency of regular reviews, the complexity of the advice solutions or a combination of all three aspects. Our standard FUM-based pricing is based upon a tiered pricing structure and is charged as follows:
$0 - $1M of FUM = 1.1% (Inc GST) debited in monthly instalments.
$1,000,001 - $2,000,000 = 0.88% (Inc GST) debited in monthly instalments.
$2,000,001 - $3,000,000 = 0.66% (Inc GST) debited in monthly instalments.
$3,000,001 - $5,000,000 = 0.44% (Inc GST) debited in monthly instalments.
>$5,000,001 = Customised pricing with an aggregate fee cap of $45,000 plus GST.
Recent reviews
At a glance
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Adviser status
Gold
- Rating
- Number of reviews 16
- First year providing advice 1999
- Years of experience 26
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Highest qualification
- Certified Financial Planner (CFP)
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Language spoken
- English
Kuda Wealth Pty Ltd
Suite 107, 84 Hotham StPreston, VIC 3072
Opening hours
- 9:30am – 5:30pm Monday – Friday
Meeting methods
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In person
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Phone
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Video call
Licensed by
Watershed Dealer Services Pty Ltd
AFSL 436357
