Frequently Asked Questions

At Plenitude Wealth, we understand that making sound financial decisions is crucial. That's why we've compiled a list of frequently asked questions to provide you with clear, concise answers to common queries. Whether you're curious about our services, the financial planning process, or anything else related to your financial future, you'll find the information you need right here.

If you can't find the answer you're looking for, don't hesitate to reach out to our experienced team by booking a time. We're here to help you navigate the world of finance and make informed choices to secure your financial well-being.

Explore our FAQ section to get the answers you need for a brighter financial future.

Emma & Roland - Brisbane

Emma and Roland's financial journey is a testament to the power of proactive financial planning. They faced challenges, including inexperience in complex strategies and low financial security. However, they seized opportunities like high property equity and a proactive mindset. With our guidance, they refinanced, built a portfolio, and optimized their finances. The result: improved work-life balance, financial security, and a headstart on early retirement. Their story shows that proactive planning can turn challenges into opportunities and lead to financial success.

OVERVIEW

Financial Planning Process

Mortgage Broking Process

Buyer's Agency Process

FREQUENTLY ASKED QUESTIONS

What do our fees look like?

Our first year of work together is usually the most involved, and consequently has the greatest commitment of funds. These numbers will vary depending on your personal situation and what we do together, but these can be considered ballpark numbers:

In Year 1:
- 1:0.33% FUM
- $16,000 BA
- Not out of your pocket, but we will receive commissions on Mortgages
- and Insurances
- $8000 FP fee

Year 2 onwards:
- Any project fees e.g. SMSF or trust establishment $250
- Ongoing FP fee: $4500
- 0.33% FUM

Performance of our investment strategies?

Please see below for a collection of our funds returns over 10 years?
Average returns outside of the fund? All properties average?

How to get to the office, parking?

We’re located at 68 Highland Terrace, St Lucia, QLD 4067, just around the corner from Ironside state school. We have parking at the front of the office, as well as plenty of street parking in front of the office. Come in and say hi!

What does our ideal process look like? Year 1 - 5?

Given an ‘ideal’ situation with no inconveniences, this is what 5 years together would look like:

Year 1:

Financial Planning - $8000
Investment Strategy (included in the above)
Investment property research, purchase and negotiation $16,000

Year 2:

Investment property research, purchase and negotiation $16,000
SMSF & Trust establishment $5000
Portfolio diversification

Year 3:

Investment property research, purchase and negotiation $16,000
Investment property research, purchase and negotiation $16,000

Who do we usually work with?

The short answer is, busy professionals who are cash rich but time poor. Our strategies benefit those who have $200k+ in their super and are earning $200k+ in household income. That’s not to say that we can’t help you if you are earning less or have less in your super, the returns will simply be mapped out at a different pace.

Can I only pay for one service?

We’re a financial planning firm first, and our other services are there to compliment this. We usually don’t offer Mortgage Services, Structure Establishment or Buyers Advocacy services outside of a financial plan, but we will be happy to refer you to someone else who may be able to help you with these.