DOVER'S FEES

Dover charges each individual authorized representative $12,000 per year, including GST (and $6,000 per year per additional advisor.)

The annual fee is paid in 12 easy monthly installments of $1,000 including GST, on electronic transfer, making payment as easy as possible.

Representative's also share Dover's professional indemnity insurance liability: this is normally about $2,000 a year for up to $10,000,000 of cover (conditions apply).

Dover does not charge marketing subsidies, commissions or any other costs. There are no other costs except the monthly installment of $1,000 including GST and the annual insurance levy.

Dover representatives keeps 100% of all commissions: these are collected in the Dover commission account and remitted to representatives fortnightly, using the Olicc commission tracking system.

Dover does not receive any other benefits from any financial institutions.

Dover has no relationships with financial institutions or other institutions that may influence its relationship with its representatives.

Discounts for firms with two or more advisors

Ask us about discounts for groups with two or more advisors. In most cases the additional advisors are just $6,000 a year including GST.
Dover offers accountants limited proper authorities to advise clients on SMSFs and related superannuation matters. The annual fee is just $3,000 per annum plus GST. There are no hidden charges and advisors can access the resources of one of Australia's largest SMSF administration services as well as Dover's specialist SMSF solicitors.

This special service is designed for accountants who practice in the SMSF space but who do not want the hassle and cost of a full proper authority from a full service AFSL.

(The Government announced on 26 April 2010 that the accountant's exemption for provide advising on the setting up and shutting down of SMSFs without an Australian Financial Services Licence (AFSL) will be abolished. This means accountants who are not licensed will in effect be barred from advising clients on SMSFs.)

The SMSF licence service is the same as our full service except that the advice is limited to superannuation including setting up and closing down self-managed superannuation funds.

Contact Florence Tee on 03 9583 6533 or florence@dover.com.au for more details on how you can advise your clients on SMSFs now.

DOVER RG146 FEE HELP

Dover provides a special discount to recent graduates of any RG146 course in Australia.

If you have just completed your RG146 training and are looking to establish your own financial planning practice talk to Dover about how our Profit Improvement Program can help you get up and running faster and further and get the most out of your Dover Experience.

And the good news is to help you get started we will reduce your first year fees by the amount you paid to complete your RG146 qualification (terms and conditions apply). This normally saves between $3,000 and $4,000, and is a great way to start your financial planning career.