MDJ Financial Services
MDJ Financial Solutions was formed in 2012. Michael Jones, the Principal of MDJ Financial Solutions, has worked in the financial planning industry since 2002 and after working in large organisations (WHK and BDO) decided to establish his own advisory business. Michael is a Certified Financial Planner, which symbolizes the highest standard in financial planning and is globally recognized.
MDJ Financial Solutions Pty Ltd is holds an Australian Financial Services Licensee (AFSL No: 478863) and Michael is a representative of MDJ Financial Solutions Pty Ltd.
At MDJ Financial Solutions clients pay their financial planner just as they do their accountant or doctor, knowing that the advice they receive is objective and tailored to their needs.
Our initial consultation is charged at $220 this fee is refunded if you proceed with receiving formal recommendations (Statement of Advice). After this consultation should you wish to render services for us we generally charge a one-off fee for our strategic advice and then a fixed annual fee for the ongoing management of a client’s portfolio. Our ongoing fee structure is quite unique in that most financial planners charge clients a percentage of funds under management (up to 1.5% pa). Our question to them is ‘why should someone with a higher level of investable funds be charged more for the same level of service?’ Based on this we have developed three ongoing service packages that are charged at a fixed annual fee and the client gets the choice of which service package they would like to purchase.
(Please not that fee for service model does not apply to life and risk products, as these products are inbuilt with commissions.)