Advice fees depend on how complex your situation is and what's involved. What you should always get is a clear explanation of the fees before you go ahead.

Reviewed 31/10/2026. General information only, not personal advice.

How advisers are paid

• Initial advice fee: A fixed fee for preparing your Statement of Advice and putting the recommendations in place
• Ongoing advice fee: A yearly fee for reviews and ongoing advice, under an agreement you sign and renew
• One-off or project fee: A fixed fee for a single piece of advice, such as a retirement income plan
• Asset-based fee: A fee based on a percentage of the funds being advised on
• Insurance commissions: Paid by the insurer when you take out life insurance on the adviser's recommendation, within legal limits

Commissions on investment and super products are banned. Commissions on life risk insurance are still allowed, within legal caps.

What you must be told

• A Financial Services Guide (FSG) sets out how the adviser and licensee are paid.
• A Statement of Advice sets out the fees and any commissions for the advice you receive.
• Ongoing fee arrangements need a written agreement and your consent each year to keep paying.
• Independence: advisers who receive commissions or asset-based fees can't call themselves independent.

How Straight Path charges

Your first meeting is complimentary. If you decide to go ahead, the fees for the advice you need are explained up front, before you commit. Our Financial Services Guide sets out how we're paid. It includes this statement:

Lack of Independence. Orion Wealth Pty Ltd, SPFP Pty Ltd t/a Straight Path Financial Planning and its advisers are not independent, impartial or unbiased as we receive commissions for the advice we provide on life risk insurance products and may charge asset-based fees in certain circumstances.

Questions to ask any adviser

1. What will the initial advice cost, and what does it include?
2. Is there an ongoing fee, and what do I get for it?
3. Do you receive any commissions or other benefits?
4. Can fees be paid from my super, and is that right for me?
5. What happens if I want to stop the ongoing service?

See what it means for you

Your initial discussion is free, and any advice fees are explained before you decide to go ahead. Book an initial discussion or call 07 3733 1731. Meet face to face in Eight Mile Plains, or online anywhere in Australia.

Frequently asked questions

Is the first meeting with Straight Path free?

Yes. Your first meeting is complimentary, and any fees are explained before you decide whether to go ahead.

Can I pay advice fees from my super?

In some cases, fees for advice about your super can be paid from your super account, with your written consent, which you renew each year for ongoing arrangements. Not all advice fees can be paid this way.

Is financial advice worth it?

That depends on what you need. Advice can help with complex decisions, such as retirement income, contributions, insurance and investment strategy, but it costs money. A first meeting is a chance to see what advice would involve and what it would cost, before you commit.

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