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 strategic, evidence-based investing and are committed to building lasting wealth. My 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


Bruce Cameron (FSP132264)

Senior Financial Adviser

Bruce brings over 20 years of experience in the financial services industry, with a strong focus on investment, insurance and retirement planning. He has a proven track record of working closely with clients to help them build financial security and confidence.

Bruce is passionate about delivering personalised advice, helping clients make informed decisions, and staying on track with their long-term goals.

Qualifications:

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

  • Bachelor of Social Science - Waikato University

Contact: bruce@compoundwealth.co.nz | +64 22 501 7648

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 a complimentary 30-minute discovery session. Any additional fees will be discussed and agreed upon before proceeding.

KiwiSaver Advice

We provide independent KiwiSaver advice and have the expertise to help clients navigate the entire KiwiSaver market. Our ability to advise on any KiwiSaver solution means we can tailor recommendations to align with your financial goals, risk tolerance, and investment preferences.

For clients seeking greater diversification and control, we can also structure portfolios using multiple investment managers or direct securities via KiwiWRAP, an open-architecture KiwiSaver platform that provides access to a wide range of investment options.

We have established agreements with the following KiwiSaver schemes, which compensate 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 KiwiSaver advice—this service is complimentary and comes with no obligation. If you decide to implement our KiwiSaver advice, we are remunerated by the KiwiSaver provider through an ongoing percentage-based fee. This is fully disclosed in the written advice. You therefore receive a no-obligation KiwiSaver comparison at no cost, with a fee only applying if you proceed with the recommended solution.

Regardless of the provider, our advice is always in your best interest, and all fees will be fully disclosed upfront, no surprises.

Investment Advice

We provide independent investment advice utilising Consilium WRAP and Booster WRAP platforms.

  • Written investment advice: Starts at $1,000 (inclusive of GST) and includes implementation.

  • Ongoing Fees (Funds Under Management): Sliding scale up to 1.15% p.a. (inclusive of GST) for smaller engagements, reducing to 0.25% for larger sums. Ongoing fees are charged monthly and deducted from funds unless arranged otherwise.

All fees are disclosed in our written advice.

INsurance Advice

We provide professional insurance advice and work with a range of life and health insurance providers. These providers may pay Compound Wealth an upfront commission and/or ongoing commission for placing insurance policies on your behalf.

Upfront commissions can be up to 240% of the first year’s premiums, and ongoing commissions can be up to 35% per annum of the annual premium.

All commission received will be fully disclosed in your personalised written advice.

You will be required to pay a premium (regular fee) directly to the insurer to establish and maintain your cover. The cost will depend on a number of factors, including the level and type of cover, the duration of cover, and any excesses that apply.

We’ll provide you with a full breakdown of costs and recommendations once we’ve assessed your needs and goals.

Retirement Planning

We provide comprehensive retirement planning to help you achieve financial security in retirement. Our service includes:

  •       A personalised retirement income strategy tailored to your goals.

  •       Cash flow modelling to project future income and expenses.

  •       Investment recommendations aligned with your retirement needs.

The fee for a retirement plan starts at $1,500 (inclusive of GST) and covers plan development, recommendations, and implementation support.

We charge ongoing fees for any investments that we manage, following the same schedule as above.

All fees are disclosed in our written advice.

Hourly Rate Consultancy & Transactional Services

  • $250 + GST per hour for unstructured financial planning or additional clarity meetings.

  • Transactional services will be agreed upon beforehand but may be adjusted for complexity.

Conflicts of Interest & Incentives

  • Compound Wealth receives client fees and commissions, and I am remunerated through a shareholder salary.

  • I disclose all fees, commissions, or incentives related to my advice.

  • Compound Wealth does not have any preferential arrangements or financial obligations with providers that could influence advice.

  • No commissions are accepted for client referrals to solicitors, accountants, or property specialists. Referrals are made purely based on expertise.

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

Variations

  • This document may be updated periodically.

  • A revised version is available upon request but will not be automatically provided.