DH and I have been thinking for a while now that we need to see a financial planner - nothing drastic, just need to decide whether we should lease v's buy a new car, possibly refinance home loan, how to pay off credit card sooner, how much extra we should be paying towards super etc etc. I don't want him to be writing out detailed budgets etc for us, just a basic overview. My brother is a small business banker with one of the big 4 banks and he suggested a guy that he uses himself for his own finances and he recomends for his clients for their personal banking, so I called him today to get an idea on charges. He doesn't charge anything upfront for the first appointment, but he doesn't give any actual advice then either - it's basically just a meet and greet type of appointment so we can explain what we hope to gain and he tells us the types of services he can actually offer. He will then give us a fixed price, one off quote - we only pay it once and it depends on how much advice he needs to give and how detailed it is. If we accept the quote and then wind up going in a few more times for follow ups, we don't pay any extra. He said the quote will be on the lower end of the scale, but it normally ranges between $500 and $3000. Does this sound about right? I've got the financial planner from the bank that we use calling me back later today so I can chat to them as well, but to be honest, I'm not keen on using them as they are probably only going to promote their own products, whereas this other guy is independent from the banks - he probably has deals set up with certain institutions, but at least it won't be limited to one bank.
So, does that price sound reasonable?