asset-based fees

15 October 2018
The issue isn’t “bad apples”. What New Zealand can learn from Australia’s Royal Commission

Australia's Royal Commission into financial services misconduct is worth New Zealand's attention. Two themes kept recurring in the interim report: dishonesty and greed. The commission also made clear…
31 August 2018
Why Fairhaven Wealth’s fees are increasing

I'm raising my fees substantially — from $879 to $1,800 including GST. Writing this is a way of being transparent with readers and clients, and getting my head (and my feels) around the decision. $879…
11 March 2018
The absurdity of asset-based fees

Most investment advisers in New Zealand charge asset-based fees — a percentage of your portfolio. On $1 million, that's typically around $9,000 a year, every year, with no obvious link to the work bei…
26 September 2017
Just because you call yourself innovative, doesn’t mean you’re innovative

Innovation doesn't need to be revolutionary or technological. When people think "innovation" they think iPhones — but iterative change counts, and so does doing things differently. I'm allergic to bus…

The issue isn’t “bad apples”. What New Zealand can learn from Australia’s Royal Commission