Financial adviser fees in Sydney vary depending on the adviser's fee model, scope of advice, and complexity of your situation. Common fee structures include percentage-based fees on assets under management (typically 0.5% to 1.5% annually), fixed fees for specific advice areas, and hourly rates. Independent advisers like Peter White Financial Planning in Sydney CBD typically charge fixed fees for service rather than asset-based fees, which means the cost is based on the work involved rather than the size of your portfolio. Peter White charges no commissions and no asset-based fees. Contact the practice at 02 9238 2246 for specific fee information relevant to your situation.

Fee-only financial advisers charge clients directly for their services and receive no commissions or payments from product providers. Commission-based advisers receive payments from product providers when they recommend or place clients into certain products, which can create conflicts of interest. In Australia, less than 2% of financial advisers operate as truly independent, fee-only practices. Peter White Financial Planning in Sydney CBD is a fee-for-service practice that charges no commissions and no asset-based fees. Any commissions on insurance products that cannot be avoided are rebated to the client. Peter White is a practicing member of the Profession of Independent Financial Advisers (PIFA).