Fees & Transparency

We believe in complete transparency about how we are compensated. No hidden fees, no commissions, no conflicts of interest.

Our Approach to Fees

Transparent, Fair, and Aligned With Your Interests

At Virex Wealth Management, we believe that fee transparency is a fundamental component of our fiduciary obligation to clients. We do not accept commissions, rebates, or other third-party payments that could create conflicts of interest. Our fees are disclosed in full before any engagement commences, and we provide detailed fee reporting in every client statement.

Our fee structures are designed to align our interests with yours. Where we charge fees based on assets under management, our revenue grows when your portfolio grows — creating a direct alignment between our success and yours. We do not charge performance fees that could incentivise excessive risk-taking.

Our Fee Commitment

We will always disclose all fees in writing before commencing any service. We will never charge a fee that has not been agreed in advance. We will provide a detailed fee breakdown in every client statement. We do not accept commissions or third-party payments.

Fee Models

Our Fee Structures

We offer several fee models to suit different client needs and service types. All fees are quoted in Australian dollars (AUD) unless otherwise specified.

Discretionary Management

Assets Under Management Fee

0.75% – 1.25%

Per annum, charged quarterly in arrears on portfolio value

Full discretionary portfolio management
Monthly performance reporting
Quarterly portfolio review meetings
Annual strategy review
Dedicated relationship manager
Client portal access

Excludes: Brokerage and transaction costs, custodial fees, underlying fund management fees, and any government taxes or levies.

Fee rate varies by portfolio size. Larger portfolios attract lower rates. Minimum annual fee applies.

Advisory Services

Advisory Retainer Fee

$5,000 – $25,000

Per annum, charged quarterly in advance

Ongoing investment advice & recommendations
Quarterly portfolio review meetings
Research & market insights access
Annual strategy review
Client portal access
Ad hoc advice (within scope)

Excludes: Statement of Advice preparation fees (if required), implementation costs, and any services outside the agreed scope.

Retainer amount varies by complexity of circumstances and scope of services. Quoted individually.

Family Office

Family Office Fee

0.50% – 0.75%

Per annum on total family wealth under oversight

All discretionary management services
Consolidated family reporting
Family governance support
Multi-advisor coordination
Next-gen education programme
Philanthropy coordination

Excludes: Legal, accounting, and tax advisory fees charged by third-party professionals, and any out-of-pocket expenses.

Minimum $10M in family assets under oversight. Fee negotiated individually for larger mandates.

One-Off Fees

Project & One-Off Service Fees

Some services are provided on a project or one-off basis and are quoted individually based on complexity.

Service	Fee Basis	Indicative Range	Notes
Statement of Advice (SOA) — Standard	Fixed fee	$2,500 – $5,000	May be credited against ongoing fees
Statement of Advice (SOA) — Complex	Fixed fee	$5,000 – $15,000	Cross-border, SMSF, or complex structures
Record of Advice (ROA)	Fixed fee	$500 – $1,500	For existing clients with changed circumstances
SMSF Investment Strategy Review	Fixed fee	$1,500 – $3,000	Annual review or establishment
Portfolio Transition Management	Fixed fee	$2,000 – $8,000	Transferring from another manager
Cross-Border Wealth Review	Fixed fee	$3,000 – $10,000	Comprehensive multi-jurisdiction analysis
Estate Planning Coordination	Hourly / Fixed	$350/hr or fixed	Coordination with legal advisors
Initial Consultation	No charge	Complimentary	No-obligation, up to 90 minutes

All fees are quoted in Australian dollars (AUD) and are exclusive of GST where applicable. Fees for services provided through international offices may be quoted in local currency. Actual fees will be confirmed in writing before any service commences.

Clarity

What's Included & What's Not

✅ Included in Our Fees

Investment management and portfolio oversight
Regular client reporting (monthly/quarterly)
Scheduled review meetings
Market research and investment insights
Client portal access and online reporting
Ad hoc advisor communication (within scope)
Annual strategy review and mandate reassessment

❌ Not Included (Charged Separately)

Brokerage and transaction costs
Custodial and administration fees
Underlying fund management fees (MERs)
Legal, accounting, and tax advisory fees
Government taxes, duties, and levies
SMSF audit and administration fees
Services outside the agreed scope of engagement

Jurisdiction-Specific Variations: Fee structures and rates may vary for services provided through our international offices in Zurich, Geneva, London, New York, Singapore, and Dubai, reflecting local regulatory requirements, currency differences, and market conditions. All fees for international services will be disclosed in writing in the relevant local currency before any service commences. GST applies to fees for services provided to Australian residents. International clients may be subject to local taxes or levies. Please consult our Cross-Border Services Disclaimer for further information.

Discuss Our Fees in Detail

Schedule a consultation to receive a personalised fee proposal based on your specific circumstances and service requirements.

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