Adviser Profile v 8.0
Alex Kean
This document forms the second part of the Oreana Financial Services Guide. This FSG is divided into two parts and both parts must be read together. This document is designed to clarify who we are, what we do, and aims to help you decide whether to use our services.
Who we are?
Your financial adviser is a Representatives of and offers services on behalf of Oreana Financial Services Pty Ltd, AFSL License No. 482234:
Alex Kean Authorised Representative No. 331637
The Financial Services that the above financial adviser offers are provided by Inpro Australia Pty Ltd, ABN 20 092 407 906, trading as Inpro Australia, Corporate Authorised Representative (CAR) No. 263652.
Inpro Australia specialises in providing advice to Executives, Professionals, Business Owners and Retirees. Our range of services and advice are designed to enhance your financial wellbeing and assist with managing your financial complexity, allowing you to focus on your business, family and/or retirement needs.
Oreana has authorised your adviser to provide you with this Financial Services Guide.
About Alex Kean
Alex has a Graduate Diploma of Financial Planning (GradDipFinPlan) and is a Justice of the Peace (JP). He has been working in the Financial Services industry since 1999 and is a member of the Financial Advice Association Australia (FAAA).
Alex delivers a unique global insight into financial management, having lived and worked in the Middle East and Southeast Asia in private banking and financial advisory management roles for two leading Global wealth brands. As the Managing Director of Inpro Australia, Alex combines his financial advisory experience and strategic planning, with a strong service ethic to ensure all clients’ needs are continually met.
What we do
We are authorised by Oreana Financial Services to provide financial advice in relation to:
- Wealth accumulation strategies
- Retirement planning and pension advice
- Superannuation and rollover advice
- Self-Managed Super Fund advice
- Personal and Business risk insurance advice
- Business succession, transition and asset protection planning
- Cash flow advice
- Centrelink financial planning advice
- Access to Managed Discretionary Portfolio services
- Estate planning
- Portfolio review and ongoing advice services
What financial products and services are we authorised to provide?
Services Authorisations
- We are authorised to provide personal financial advice, general financial advice, and transact onyour behalf (dealing) in relation to the following types of financial products:
- Basic / Non-Basic Deposit Products
- Debentures, stocks or bonds issued or proposed to be issued by a government
- Life products – Investment Life Insurance
- Life products – Life Risk Insurance
- Managed investment schemes, including Investor Directed Portfolio Services (IDPS)
- Managed Discretionary Account (MDA) Services
- Retirement savings accounts (“RSA”) products
- Securities
- Superannuation
- Standard Margin Lending
Authorisations
Exclusions
How we charge for our services
All fees and commissions are inclusive of GST and the fees could be greater than those disclosed below in complex cases. In these instances, we will inform you of the exact fee payable promptly in writing.
| Type of advice |
Fee charged
|
| Initial consultation | At our expense |
|
Initial advice
(advice preparation and implementation) |
Fees may range from $2,750 – $16,500 and will vary depending on the level of complexity of your situation.
The initial advice fee comprises two components:
An advice preparation fee – charged for the preparation for a written Statement of Advice.
An implementation fee – charged for implementing the advice and recommendations. |
| Ongoing advice |
From 0.33% to 1.10% per annum based on the amount under advice. A minimum dollar equivalent fee of $660 p.a. applies. For example, for investment valued at $600,000 the maximum ongoing fee would be $6,600 pa Inpro Australia offers our clients an ongoing advisory service. The ongoing advice fee will be based on the level of service required, the frequency of the review and the complexity of the advice.
The Ongoing Advice Fee may range from $660 – $33,000 p.a.
|
| Ad hoc advice |
The fees for the provision of ad hoc advice not covered by an Ongoing Service arrangement will be charged on an hourly basis at a rate of $440.
|
| Insurance products |
We will receive commission for our initial and ongoing services to you. Initial commission is between 0% and 66% and the ongoing commission is between 0% and 33% of the annual premium and is paid by the insurance product issuer to us.
|
How I am paid
As your Adviser and a shareholder of Inpro Australia Pty Ltd, I receive a salary and dividends that are dependent on the total revenue derived by the business.
I do not receive any bonuses, benefits or additional payments for recommending specific products or providers and the remuneration scheme of which I am part has been designed to ensure that your interests are prioritised, conflicts are minimised and my advice is not inappropriately influenced.
Referral relationships
Where required, I may refer you to external specialists or professionals to seek advice and/or address matters that are outside the scope of my authorisation or services as listed further above.
Associated & related entities
Please refer to the Oreana Financial Services Financial Services Guide to understand our relationship with the Oreana group.
We may refer you to EnSure Risk Pty Ltd, Trading as Ensure Life, part of the Oreana group. All fees and commissions disclosed in this FSG are paid to Oreana, who pays all fees and commissions it receives to EnSure Life. The below summarises the referral fees we may receive from this arrangement:
| Name of Entity | Services | Payment received for referral |
| Ensure Risk Pty Ltd | Insurance advice and implementation | 25% initial business commission |
Payment of Fees
All fees and commissions disclosed in this FSG are paid to Oreana, who pays all fees and commissions it receives to Inpro Australia Pty Ltd.
For more information or if you have any questions, please contact us at:
|
Your Financial Adviser: Alex Kean |
|
| Phone: 02 9252 7033 | |
| Email: admin@inpro.com.au | |
| Website: inpro.com.au | |
|
Practice details: INPRO Australia Pty Ltd Level 6, 83 Mount Street North Sydney NSW 2060 |
Phone: 02 9252 7033 |
| Email: admin@inpro.com.au | |
| Website: inpro.com.au | |