No need for excessive fees. Just depends what the clients want & what service they're signing up to (how you position what you're delivering).
If it's a matter of agreeing to a further 12 months of monitoring performance etc. (e.g. industry fund accumulation accounts), meeting annually to review circumstances/performance/insurances/strategies & being available to contact for ad hoc queries, the actual work involved isn't very time consuming & a significant portion of the value clients are receiving is peace of mind.
It's a completely different game for clients who want customised reports at their quarterly meetings & management of SMSF + Family Trust investment portfolios.
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