Fee based VS Free advice
Unfortunately the asset management industry was created in a way that incentivizes the sale of investment funds and products. Over the last 20 years this model has resulted in huge commissions being paid to bankers and advisers to promote their products. The huge commissions are built in and hidden into the products that you end up paying for. Not only does this hinder your results by paying large fees for your products and services but it compromises the advice that you will receive. Be aware that free independent advice is probably more like expensive constrained advice. Think about it is your bank manager working for you or the bank? Is your independent free advisor recommending funds that are the best for you or that pay them?
No Win no Fee
After an initial consultation to assess your investor profile and objectives we will agree upon a minimum target of return known as our benchmark. If we do not achieve your minimum benchmark you will not pay our fee. If we do achieve your benchmark then we charge a flat 0.5% administration fee. If we exceed your expectations we feel we should also be rewarded by way of a performance fee. This means that we only get paid if we meet or beat your expectations and you only pay us with profits we helped you to make. Sound fair? We think so!
Empire Consulting Group's standard contract is 0.5% administration fee paid if the client reaches their minimum benchmark performance and a 20% performance fee for every 1% return achieved above the benchmark. The benchmark, administration fee, performance fee and contract length are all negotiable. To understand the way we charge our fees or to discuss alternatives please feel free to contact us.
Adding Value
After an initial consultation to assess your investor profile and objectives we will agree upon a minimum target of return known as our benchmark. If we do not achieve your minimum benchmark you will not pay our fee. If we do achieve your benchmark then we charge a flat 0.5% administration fee. If we exceed your expectations we feel we should also be rewarded by way of a performance fee. This means that we only get paid if we meet or beat your expectations and you only pay us with profits we helped you to make. Sound fair? We think so!
Empire Consulting Group's standard contract is 0.5% administration fee paid if the client reaches their minimum benchmark performance and a 20% performance fee for every 1% return achieved above the benchmark. The benchmark, administration fee, performance fee and contract length are all negotiable. To understand the way we charge our fees or to discuss alternatives please feel free to contact us.
Independent evaluations will look at your banking fees and your investment portfolio and assess how efficient your funds are. In most cases you will be paying unnecessary fees and commissions built into the investments you own. We can provide you with a X-ray analysis and help you to eliminate unnecessary costs built into your products and bank services. This process generally leads to the client achieving an increase of 20%-30% on the exact same portfolio through fee elimination alone.