ABOUT THE COMPANY

High Net Worth (HNW) Financial Advising Pty Ltd (ABN 99008298271) was established in 2006 by Matthew Bohlsen.

HNW Financial Advising specializes in providing quality advice for clients of higher net worth (investable funds over $500,000) at discount prices. By keeping overheads low the company is able to invest your funds cheaply and effectively to get you the best possible returns with no hassle.(See below for an example of fees)

Client interviews are done in the comfort of your home or at a mutually agreed location. The first and second interviews are free, and once you are a client there is no charge for interviews.

Company Goals

HNW Financial Advising aims to deliver quality advice, typically aimed at several areas:
1. Investment performance by careful asset class selection
2. Tax minimization
3. Centrelink maximization
4. Wealth accumulation strategies including gearing
5. Wealth protection strategies including insurance

By avoiding overvalued assets, and investing in assets that are fair valued or undervalued HNW Financial Advising is able to produce excellent investment returns. Additionally with the use of our ongoing review service you can have your investments reviewed quarterly or bi-annually.

Products/Areas of Advice

Retirement Planning
Asset Allocation
Allocated Pensions
Investments - Managed Funds
Superannuation
Annuities and Term Allocated Pensions
Self Managed Super Funds
Estate Planning
Life, TPD, Trauma and Income Protection Insurance
Ongoing reviews to ensure your investments keep performing

Qualifications and Experience of Matthew Bohlsen

Bachelor of Science Degree 1987
Bachelor of Applied Science Degree 1990
Graduate Diploma in Applied Finance and Investment 2001
Graduate Diploma of Financial Planning 2004
Matthew has 10 years of experience as a Financial Planner with a major Australian bank. In that time he built up a business of over 400 clients, and was managing around $70 million of client’s funds .

Australian Financial Services Licence (AFSL)

On 6/12/06 the company was granted an Australian Financial Services Licence (AFSL) number 306946 , which allows it’s adviser to give financial advice.

To get this AFSL both the company and Matthew Bohlsen had to undergo rigorous screening procedures from the Australian Securities and Investment Commission (ASIC).This included bankruptcy checks, criminal history checks, character references, proof of experience, and several proofs to prove that the company will operate compliantly under its licence obligations.

Examples of Fees

Plan fee (Statement of Advice)

Simple Plan $500
Complex Plan $1,000

Entry Fees

2% if less than $100,000 to invest
1% if greater than $100,000 to invest
Nil if greater than $500,000 to invest

Management Fees (only applies if using managed funds)

0.4 - 2% pa
No exit fees
No administration fees

Ongoing Reviews Service

0.3 - 0.5% pa

Interviews

First and Second interviews free
Subsequent interviews if not a client - $100 per interview
Clients interviews are no charge either at your home or our office