What does Cooee Mean?
Cooee! (IPA /ku:’i:/) is a shout used in Australia, usually in the Bush, to attract attention, find missing people, or indicate one’s own location. When done correctly – loudly and shrilly – a call of “cooee” can carry over a considerable distance. The distance one’s cooee call travels can be a matter of competitive pride. It is also known as a call of help, which can blend in with different natural sounds in the bush.The word “cooee” originates from the Dharuk language of the original inhabitants of the Sydney area. It means “come here”, and has now become widely used in Australia as a call over distances. It was known among white settlers in colonial times and Watkin Tench refers to the Aborigines of Sydney calling to each other in this way.
What is the Cooee difference?
To qualify as a Cooee Wealth Partner, advisers must satisfy these three criteria:
1. No ownership links or affiliations with product manufacturers. Neutrality is impossible where an adviser has links to a product manufacturer. Ownership links create an environment where the adviser resembles, at best, a well-intentioned salesperson.
2. No commissions or incentive payments from product manufacturers. Commissions are payments made by product manufacturers to their distribution network. They create a conflict of interest between advisers and their clients.
3. No asset-based fees. Asset fees, although are authorised by the client, are calculated precisely the same way a commission is calculated. Asset fees are incentives that prevent an adviser from being neutral and therefore create a conflict of interest between adviser and client.
How does your business survive by not accepting commissions?
Our fee structure is flexible and is driven by your needs – not ours!
This means our customers get a much better service and then tell all their friends about us.
And in return we run a very proud and successful operation.
Our fees are based on the time and service level required and the amount of benefit that you gain.
Our aim is to assist you to achieve your goals with the greatest degree of certainty.
Understanding our fees is just one way we can help you go forward with confidence.
We may charge fees in one of three ways;
1. An agreed flat rate;
2. As an hourly rate;
3. As a performance-based fee on the total benefit you gain.
For more detailed information please see our Financial Services Guide.
How long will the initial meeting take?
To get the most out of our time together you should put aside at least 1 1/2 – 2 hrs.
Is there a fee for the initial meeting?
The initial meeting with your adviser is on us. During this consultation, we will explore your current position, discuss your requirements, explain our services, and outline any advice fees payable.
This meeting is to determine if there is a “fit” between you and Cooee. If we believe that we can add value then we will quote a strategy fee based on the time and resources required. The presentation of your strategy will be at our offices in the Sydney CBD and will outline any further fees inherent in implementing your strategy.
What is the process after the initial meeting?
Assuming we are able to help you and provide real value we would gather the appropriate documentation and together with the fact find develop a personalised and holistic financial plan that will be presented at a second meeting.