Personalised Wealth Management
A premium, highly personalised service tailored specifically to your financial profile and objectives, considering your financial situation, goals, needs and tolerance for risks.
With personalised wealth management you are able to focus on making investment decisions, as we facilitate the tracking and administration of investments with ongoing proactive advice and support from your Maxim Investment Advisor.
Principal Benefits:
Your advisor shall provide ongoing support based on the monitoring of your investments with proactive, objective advice and opinions in relation to your portfolio, the markets and/or general/specific information regarding most asset classes, with access to investment research on markets, securities, and financial products.
Order placement and execution.
You receive regular quarterly reports and reviews of your investments with advisor commentary regarding your portfolio, performance, and structure.
The Safe Custody (or Nominee Service) we set up for you (as your agent) makes investing easier by registering listed investments to a nominee account giving a single, centralised account through which MFM arrange for the buying and selling of investments on your instruction.
The online service platform (or Wrap Service) eliminates much of the administrative pain of owning investments, providing a comprehensive platform for monitoring, and reporting of your global debt and equity holdings. Facilitating the processing of dividend/interest income payments directly into your cash management account or foreign currency account, corporate actions and other entitlements associated with your investments and provides ongoing visibility of investment performance and year end (income & tax) reporting.
Principal Risks:
You will be responsible for ensuring personal information is current and deciding when (or if) you choose to act on any recommendation or advice we give you, as you are ultimately the decision-maker responsible for your investment portfolio.
Fees and Charges - All fees listed are inclusive of GST unless it is otherwise stated
Brokerage Fee (Secondary Market) - Up to 1.5% of the dollar value transacted subject to a minimum brokerage charge of $75.00. This is inclusive of fees charged by the executing broker.
Custodial Wrap Platform: Administration Fee (This is paid to the wrap platform provider)
Client fund tiers
0.25% – First $500,000 ($0 - $500,000)
0.20% – Next $500,000 (>$500,000 - $1,000,000)
0.15% – Next $4,000,000 (>$1,000,000 - $5,000,000)
0.10% – All other assets (>$5,000,000)
Custodial Wrap Platform: Monitoring Fee (Includes quarterly and annual portfolio reviews and reports)
1.00% Client fund tier $0 - $500,000
0.69% Client fund tier >$500,000 - $1,000,000
0.50% Client fund tier >$1,000,000 - $2,000,000
0.40% Client fund tier >$2,000,000
Brokerage for on market purchases 0.20% to 0.40%, depending on which market the stock is purchased.
On Request -Personalised Investment Portfolio Reports and/or Investment Plan (Only if requested)
Up to $995 + GST, at $160 per hour + GST for a written personalised investment plan review or establishment advice produced on request. A written report can be produced giving strategic personalised investment advice on the investment portfolio design and plan. This could be requested as establishment advice or as a periodic review.
Miscellaneous fees and charges
Any charges or penalties imposed by another broker, share registry, custodian, NZX or other recognised securities exchange, or authority including, without limitation, stamp duty, shunt fees, charges or penalties imposed as a result of late or non-delivery of scrip, holder identification particulars, shareholding registration numbers or any other information or requirements. This is charged by a third party and any costs incurred will not be returned to Maxim.
Other financial advice
We will quote fees for such work on a case-by-case basis.