FINANCIAL ADVISER PROFILE - NSW
YOUR ADVISER |
All Financial Services Pty Ltd Corporate Authorised Representative Representative No. 280477 |
Profile:
All Financial Services NSW Pty Ltd (AFS) services have been developed and refined to impact the changing needs of the marketplace. Our services are applied with a touch of common sense and practicality, with the focus being on meeting Client needs, with a diverse range of services all under the one roof.
AFS has developed a holistic approach to Financial Planning and Risk
Management. Formed in its current form in 2004, AFS offers a wide range of associated services at the one location. AFS adopts a consultative process, focused on gathering information from our Clients, to determine their short and long term goals.
Once our Clients objectives are understood, we develop a roadmap in partnership with our Clients, to guide them successfully in achieving their goals. This winning formula has given AFS market positioning that is envied by our competitors. AFS employs 12 staff including CFP qualified Financial Advisors.
Damian has been individually authorised (Representative Number 334468) to provide financial product advice and deal in all of the below mentioned categories as an Employee of All Financial Services NSW Pty Ltd on behalf of Aon Financial Planning & Protection Limited.
Experience:
Damian Grimes joined the UK Financial Services industry in July 1987 and became fully qualified Financial Advisor in 1998. He went on to advise clients for wealth management company J Rothschilds Assurance before establishing his own Financial Planning business in 2002.
Since immigrating in 2008, Damian has become a fully qualified Financial Planner in Australia.
His experience affords him significant knowledge and expertise benefiting both Australian nationals and UK immigrants on a range of financial matters designed to maximise tax efficiency, increase personal wealth and assess risk implications.
Qualifications:
- Chartered Institute of Bankers (UK)
- Chartered Institute of Insurance (UK)
- Diploma of Financial Planning (Australia)
Contact Details:
| PO Box H161 | Level 2, 210 George Street |
| Australia Square NSW 1215 | Sydney NSW 2000 |
| Phone: | (02) 9258 4000 |
| Fax: | (02) 9258 4050 |
| E-mail: | dgrimes@afsnsw.com.au |
| Web: | www.afsnsw.com.au |
AUTHORISATIONS
Damian Grimes is authorised to provide financial product advice and deal in the following:
(i) deposit and payment products limited to:
- basic deposit products;
- deposit products other than basic deposit products:
(ii) life products including:
- investment life insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds; and
- life risk insurance products as well as any products issued by a Registered Life Insurance Company that are backed by one or more of its statutory funds;
(iii) interest in managed investment schemes including investor directed portfolio services;
(iv) retirement savings accounts (“RSA”) products (within the meaning of the Retirement Savings Account Act 1997);
(v) superannuation
FEES & CHARGES
Investment Advice: Corporate
Fees will depend on Corporate Superannuation Fund to which you are a member due to
the agreement to which your employer has entered into.
Investment Advice: Individual ‐ AFS Advantage Clients
As your adviser, I am remunerated on the following basis:
| Amounts invested | Full service clients % inclusive of GST |
| $0 to $200,000 | Up to 2.2% |
| $200,000 to $500,000 | Up to 1.3% |
| $500,000 to $1,000,000 | Up to 0.75% |
| $1,000,000 plus | 0% |
Investment Advice: Individual ‐Transaction Only Clients
As your adviser, I am remunerated on the following basis:
| Amounts invested | Full service clients % inclusive of GST |
| $0 to $200,000 | Up to 4% |
| $200,000 to $500,000 | Up to 2.2% |
| $500,000 to $1,000,000 | Up to 1.1% |
| $1,000,000 plus | 0% |
Plan Fee: Plan fees may be charged for advice not taken, unless prior arrangements have been made.
- Limited Statement of Advice (Risk only) -$330.00 incl GST
- Limited Statement of Advice (Risk/Super) -$550.00 incl GST
- Full Statement of Advice - $990.00 incl GST
Ongoing Service Fee: 0.88% - 1.4% per annum incl GST for the full service offering.
The minimum ongoing advice fee is $550 inclusive of GST. If a Client invests less than $65,000 they will be required to pay this flat dollar fee to receive the full ongoing service program. If the Client is reluctant to pay this flat dollar fee, they can invest as a Transaction Client only.
Risk Advice:
Aon Financial Planning & Protection Limited may be entitled to receive commissions and other benefits, paid to them by the companies, upon the placement of policies. All Financial Services NSW Pty Ltd will receive a percentage of these commissions and benefits.
The above is a guide only and full details of commissions and any other benefits will be disclosed upon recommendation of products. The above fees and charges are payable to All Financial Services NSW Pty Ltd of which I am an adviser and receive a salary.
