While the industry has been treating people like walking wallets, we’ve recreated and redefined financial advice - we call it financial life management. It’s based on the understanding that your life and finances are inseparable, and money is just a resource to give you choices and help you live the life you want.
Do Verse take commissions?
We don’t take commissions on any recommended financial products.
Is Verse linked to any financial product providers?
No, we’re not aligned to any financial products. We can recommend products from every provider in Australia. This means we can use the best options for you.
Is Verse privately licensed?
Yes, we operate our own Australian Financial Services Licence (ASFL) No. 523541 which has been issued by the Australian Securities and Investments Commission (ASIC). This means that our advice isn’t influenced by any dealer groups or institutions.
How do Verse charge fees?
Our fees will vary based on your circumstances and the support you need. If you use our Project service, you’ll pay a fixed fee over multiple instalments. If you receive ongoing advice, you’ll pay an agreed monthly fee that reflects your situation. Payment methods can include a combination of direct debit, via investment accounts or from your superannuation.
What sort of investments do Verse recommend?
We focus on proven investments such as cash, term deposits, shares, ETF’s, managed funds, and property. We avoid overly speculative investments and get rich quick schemes. We do not recommend cryptocurrency investments.
Can Verse recommend other professionals I might need?
We’ve got an extensive network of high calibre professionals to refer you to and collaborate with. This includes accountants, mortgage brokers, estate planners, family lawyers and more.
How does Verse handle my private information?
Do I give Verse access to my money?
No. We don't have custody of your money. Institutions such as banks and super funds will likely be the custodians of your money, and they have the responsibility to manage your assets securely.
What's included in a Statement of Advice?
A Statement of Advice (SoA) includes an outline of the strategies, investments, and financial products recommended to help you achieve your intentions, and improve your financial wellbeing. It also contains detail on fees, conflicts, and any benefits your Adviser will receive. It is a legal requirement that you receive an SoA from a licensed financial adviser.
Can Verse do financial modeling on my goals?
Yes. It can be hard to understand what impact your choices, strategies and investments will have on future goals and intentions. We use market-leading financial modeling to help you understand if you're on track, and give you context for important decisions.
Can I pay advice fees using my super?
You may be able to pay advice fees from your super account if particular requirements are met including the nature of the advice, what super accounts you hold & or what super accounts are recommended by Verse.
Are advice fees tax deductible?
If you pay any ongoing advice fees personally these may be tax-deductible to you, depending on the nature of the advice and your investments. You will need to consult your tax accountant on the deductibility of any fees.
Can Verse help with tax?
We won’t replace your accountant or do you tax returns, but we’ll make sure your investment, property and retirement strategies are tax effective. When helpful, we’ll collaborate with taxation accountants on specific matters.
What happens if I don’t need a service from Verse?
We only take on clients we can add real value too. If you get in touch but we’re not right team based on your needs, we’ll re-direct you and give you as much useful information as we can.
“Verse took the time to learn our situation, our goals and ask often confronting questions about what we wanted. The result has been a much more structured approach to our finances, understanding of where we are and what we need to do to achieve what we want.”
James and Jeff
“With the tailored advice from the team at Verse, we have the confidence to make well informed decisions to pursue our goals.”
Jono and Susie
“While we’ve been busy with life, Corey and the team are doing a great job structuring our finances and helping us plan for a life on the beach, under a palm tree. Verse put our priorities and aspirations first. We highly recommend them.”
Michael and Elyssa
“Verse really took the time to get to know us and understand our values and goals. Now we have a financial strategy has given us confidence in our long term direction and the peace of mind.”
Nat and Sarah
“They’ve helped us feel more in control of our finances by developing a longer term strategy, which has given us confidence and peace of mind that we have a sound financial plan leading up to retirement.”
Neville and Glenys
“The whole Verse Team have been an absolute pleasure to work with right from the start. They have in-depth knowledge of a lot of financial concepts that are beyond us, but also the capability to explain these in a concise manner.”