Compound Wealth Limited Public Disclosure  

Licensing Information and Contact Details

Compound Wealth is a Financial Advice Provider, which holds a full class 2 licence by the Financial Markets Authority to provide financial advice.
Email: advice@compoundwealth.co.nz
Physical Address: 4/41 Newton Street, Mount Maunganui, 3116

Our registration number is: FSP720532

Our Financial Advisers

Adam Stewart (FSP581687)

Founder and Financial Adviser

Adam has worked in financial services for over a decade and founded Compound Wealth in 2017 to offer transparent, long-term focused financial advice. Today, Compound Wealth advises on over $100 million in client funds and serves clients nationwide.

Adam works with people who value a proven investment approach and are are committed to building lasting wealth. Adam’s focus is helping clients align their money with their life goals through smart investing, clear planning, and ongoing support.

Qualifications:

  • Bachelor of Commerce (Finance & Commercial Law) – Victoria University of Wellington

  • National Certificate in Financial Services (Level 5) – Investment, Life & Health Insurance, and Residential Lending

  • Warren Buffett Executive Programme – University of Nebraska Omaha (Spring 2022)

Contact: adam@compoundwealth.co.nz | +64 27 331 3127

Nature and Scope of Advice

Compound Wealth provides advice in the following areas:

  • Investment Advice and Portfolio Planning

  • KiwiSaver and Retirement Planning

  • Life and Health Insurance for Individuals and Businesses

We are not tied to any financial product provider. Recommendations are made in your best interests, and full details of the investment, KiwiSaver, or insurance solutions we propose will be outlined in your personalised written advice.

We do not hold client investments. All investments are held in your name by independent custodians, regulated by the FMA under the Financial Markets Conduct Act.

Our Financial Advice Process

We follow a six-step advice process to ensure the advice we give is tailored to your needs:

  1. Understand your goals and current situation

  2. Identify and explain your options

  3. Create a personalised financial plan

  4. Present our recommendations

  5. Implement the agreed strategy

  6. Review and adjust your plan regularly

Fees & Expenses

Initial Consultation

We offer an initial discovery conversation, which may be held by phone, video call, or in person. This conversation is complimentary and allows us to understand your circumstances, discuss how we work, and confirm whether we are the right fit to work together.

If we both decide to proceed, we will clearly outline the advice process, scope of work, and all applicable fees before any advice is provided. All fees are agreed upfront.

Investment & Retirement Planning

All advice is delivered through clearly defined service packages, designed to reflect the complexity of each client’s situation and the depth of planning required.

Depending on your needs, this may range from advice-led KiwiSaver and personal investment setup through to comprehensive investment and retirement planning, or advanced private wealth stewardship for more complex circumstances.

Across these engagements, advice may include:

  • Portfolio construction across KiwiSaver and non-KiwiSaver investments

  • Asset allocation, diversification, and risk management

  • Investment structure and implementation via custodial platforms

  • Documentation outlining strategy, rationale, and agreed recommendations

For clients requiring deeper strategic advice, structured planning engagements also include:

  • Cash-flow modelling and long-term projections

  • Retirement planning and scenario testing

  • Tax and investment structure considerations

  • Ongoing portfolio oversight and governance

Fees for structured advice and planning are determined by the selected service package and scope of work, and are fully disclosed and agreed prior to implementation.

Ongoing Advice & Portfolio Management

For clients who engage us on an ongoing basis, we charge an ongoing fee for monitoring, reviewing, and managing investment portfolios over time.

Ongoing fees are charged as a percentage of funds under management on a sliding scale, up to 1.15% per annum (inclusive of GST) for smaller balances, reducing to as low as 0.25% per annum for larger portfolios.

Fees are charged monthly and deducted from the investment portfolio unless otherwise arranged. All ongoing fees are fully disclosed in your written advice prior to implementation.

KiwiSaver Advice

We provide independent KiwiSaver advice and have the expertise to advise across the full KiwiSaver market.

We have established agreements with the following KiwiSaver schemes, which may remunerate us for providing financial advice:

  • Milford KiwiSaver Plan

  • Generate KiwiSaver Scheme

  • Booster KiwiSaver Scheme

  • ANZ KiwiSaver Scheme

  • Pathfinder KiwiSaver Scheme

  • AMP KiwiSaver Scheme

  • KiwiWRAP KiwiSaver Scheme

  • Kernel KiwiSaver Scheme

  • Koura KiwiSaver Scheme

  • GoalsGetter KiwiSaver Scheme

We do not charge an upfront fee for standalone KiwiSaver advice. If you decide to implement our recommendation, we may be remunerated by the KiwiSaver provider through an ongoing percentage-based fee. This remuneration is fully disclosed in the written advice provided to you.

Regardless of provider, our advice is always given in your best interests, and all fees and remuneration are disclosed upfront.

UK Pension Transfers

We provide advice on transferring UK pensions to New Zealand, including an initial consultation and a personalised Statement of Advice recommending an appropriate New Zealand QROPS structure and investment strategy.

We work alongside a specialist UK pension consultancy that focuses on the technical aspects of UK pension transfers, including documentation and transfer execution. Compound Wealth provides the New Zealand–based investment advice and ongoing portfolio management once funds are transferred.

We do not charge an upfront advice fee for UK pension transfers. Instead, we charge an ongoing fee based on the funds under management of the transferred pension, applied on a sliding scale up to 1.15% per annum (inclusive of GST).

Fees are deducted monthly from the investment portfolio unless otherwise arranged and are fully disclosed in writing before implementation.

Life & Health Insurance Advice

We provide life and health insurance advice and work with a range of New Zealand-based insurance providers.

Insurance providers may pay Compound Wealth an upfront and/or ongoing commission for placing insurance policies. Upfront commissions can be up to 240% of the first year’s premium, and ongoing commissions can be up to 35% per annum of the annual premium.

All commissions received are fully disclosed in your personalised written advice.

Insurance premiums are paid directly to the insurer. An insurance advice fee may apply and will be confirmed prior to any work being undertaken.

Hourly Consultancy & Transactional Services

Where advice falls outside a structured investment and retirement planning engagement, or where additional meetings or transactional work are requested, fees are charged at:

$575 + GST per hour

Any such fees are agreed in advance and may vary depending on complexity.

Our Duties

Under the Financial Markets Conduct 2013 we are bound to:

  1. Give priority to client’s interests.

  2. Exercise care, diligence, and skill.

  3. Meet standards of competence, knowledge and skill set by the Code of Professional Conduct.

  4. Meet standards of ethical behaviour, conduct and client care set by the Code of Professional Conduct.

Complaints Process

If you are dissatisfied with our service, you can make a complaint by:

  • Emailing: advice@compoundwealth.co.nz

  • Calling: Adam Stewart at +64 27 331 3127

Internal Complaints Process

  1. We acknowledge receipt of your complaint and assess how we can resolve it.

  2. We aim to resolve complaints within 10 working days. If more time is needed, we will inform you with an estimated resolution timeframe.

  3. We will communicate our resolution to you via phone or email.

External Dispute Resolution

If we cannot resolve your complaint, you can contact the Financial Dispute Resolution Scheme (FDRS):

  • Address: Level 4, 142 Lambton Quay, Wellington Central, 6011

  • Phone: 0508 337 337

  • Email: enquiries@fdrs.org.nz

  • Website: www.fdrs.org.nz

Your Privacy

  • We collect personal information to deliver suitable financial advice.

  • You have the right to access and correct any personal data we hold about you.

  • Records are securely stored and accessed only by authorised personnel.

  • We may share your information with insurers, statutory regulators, compliance auditors, or other relevant parties only as required.

Privacy Complaints

If you have concerns about how your data is handled, you may contact the Office of the Privacy Commissioner:

  • Address: PO Box 10 094, The Terrace, Wellington 6143

  • Phone: 0800 803 909

  • Email: enquiries@privacy.org.nz

Reliability

Compound Wealth has not been subject to a reliability event. A reliability event is something that might influence you in deciding whether to seek advice from Compound Wealth. As an example, this would be a serious event such as legal proceedings against Compound Wealth.

Conflicts of Interest & Incentives

Compound Wealth receives client fees and, in some circumstances, provider remuneration such as KiwiSaver or insurance commissions.

All fees, commissions, and incentives are fully disclosed in your personalised written advice.

Compound Wealth does not have any preferential arrangements or obligations with providers that could influence our advice. We do not accept commissions for referring clients to accountants, solicitors, or other professionals.

Variations

  • This document may be updated periodically.