Adviser Profile

Adviser Profile v 9.0

Alex Kean

This is Part 2 of The Advice Exchange’s Financial Services Guide. This document contains important information about me as your Financial Adviser and it should read in conjunction with The Advice Exchange’s Financial Services Guide, dated 8 February 2022.

View Part 1

Financial Adviser

Your Adviser will be Alex Kean, Authorised Representative 331637 of The Advice Exchange Pty Ltd.

Qualifications

Advanced Diploma of Financial Planning (ADFP) Justice of the Peace (JP)

Experience

Alex has been in the Financial Services industry since 1999 and is a member of the Financial Planning Association (FPA). 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.

My Advice Services and Authorisations

Services Authorisations

  • Investments e.g. savings plans, structures
  • Wealth accumulation strategies, except margin lending
  • Retirement planning
  • Pensions
  • Tax effective investments
  • Superannuation and rollover advice
  • Self-Managed Super Fund advice
  • Personal risk insurance
  • Business risk insurance
  • 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

Authorisations

  • Deposit products
  • Government debentures, stocks or bonds
  • Life investment and life risk products
  • Managed investment schemes including investor directed portfolio services
  • Managed Discretionary Account Services
  • Retirement savings account products
  • Securities (e.g. shares)
  • Superannuation products (including Self-Managed Super Funds)

Exclusions

  • Standard margin lending facilities
  • Credit & Finance

Fees

Before undertaking any work and or providing advice, we will quote you a fee based on the following.

Advice fees are inclusive of GST and payable by you at the following stages:

  1. Full Financial Planning Advice: A personalised Statement of Advice (SoA) where a plan preparation fee (up to $25,000) is payable.
  2. Limited Financial Planning Advice: A personalised Statement of Advice (SoA), where a plan preparation fee (up to $25,000) is payable.
  3. Implementation: An implementation fee to implement the advice recommendations in the Statement of Advice (SoA) plan may also be charged. These are payable when you decide to proceed and implement any of our recommendations. The actual fee will depend on the complexity of your situation and the amount of funds invested, but will not exceed:
    a. a range from $250 (min.) to $11,000 (max.); or
    b. $250 per hour; or
    c. the maximum of entry fees or contribution fees specified in the Product Disclosure Statement (PDS) for the recommended product; whichever is the greater.
  4. Ongoing Advice: A review of your financial plan to ensure that your financial strategies and financial products remain appropriate to you. This service will be subject to ongoing advice fees. These fees may range from $660 PA to $36,000 PA, or up to 1.10% p.a of total funds under management. Alternatively, your fee structure may be a fixed fee by negotiation.

Note: All fees will be subject to your prior approval and ultimately determined based on the complexity of your situation and the time it takes to prepare personal financial advice for you. Full details of all fees and commissions for financial and credit services will be provided to you in a Statement of Advice (SoA), or Record of Advice (RoA) and Product Disclosure Statements (PDS) at the time of receiving any recommendation.

Associations and Remuneration Arrangements

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.

Referral Fee from External Parties

Where required, I may refer you to external specialists or professionals for Advice to seek advice and/or address matters that are outside the scope of my authorisations or services as listed further above. I do not accept payments for those referrals.

Privacy

In addition to the information provided in The Advice Exchange FSG Part 1 on how we collect, hold, use and disclose your personal information, and how we manage this information, further details around privacy are available at www.theadviceexchange.com.au or by calling us on 03 9823 1344.

Contact Details

You may provide instructions to me by using any of the contact details below.

Your Financial Adviser:
Alex Kean

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

View our FSG (Part 1 of The Advice Exchange’s Financial Services Guide):

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General Advice Warning

The material on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any information in this website is intented to be general in nature & not to influence any action related to any particular product or type of financial product, it should not be interpreted as advice. Before making any financial, investment or insurance decisions you should consider whether it is appropriate to your particular needs, objectives and financial circumstances. In addition, the examples provided on this website are provided for illustrative purposes only. Although every effort has been made to verify the accuracy of the information contained on this website. The Advice Exchange, its officers, representatives, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.

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