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Last updated: 10 May 2026
This Disclosure Statement provides important information about Echo Financial Advisors Ltd, the financial advice services we provide, the limits of our advice, our fees, conflicts of interest, complaints process, dispute resolution arrangements, and legal duties.
This information is intended to help you decide whether our services are suitable for your needs.
This Disclosure Statement is available in writing on request.
Echo Financial Advisors Ltd is a licensed Financial Advice Provider.
Financial Advice Provider: Echo Financial Advisors Ltd
FSP number: FSP1001566
Regulator: Financial Markets Authority
Website: www.echo-financial-advisors.co.nz
Email: info@echo-financial-advisors.co.nz
Financial advice is provided on behalf of Echo Financial Advisors Ltd by:
Kevin Morgan
Director and Financial Adviser
Echo Financial Advisors Ltd
You can check our registration and licence details on the Financial Service Providers Register at:
fsp-register.companiesoffice.govt.nz
Echo Financial Advisors Ltd is licensed by the Financial Markets Authority to provide financial advice services.
Echo Financial Advisors Ltd provides financial advice to New Zealand clients.
Our services are provided under the Financial Markets Conduct Act 2013 and the Code of Professional Conduct for Financial Advice Services.
Echo Financial Advisors Ltd provides investment-planning advice.
Our advice may include:
Our advice is designed to help clients make more informed, structured, and disciplined investment decisions.
Unless expressly agreed in writing, Echo Financial Advisors Ltd does not provide:
Where your circumstances require specialist tax, legal, accounting, mortgage, insurance, estate-planning, or other professional advice, you should seek advice from an appropriately qualified professional.
You are welcome to seek independent financial, tax, or legal advice before proceeding. Please confirm whether you wish to do so where this is relevant to the advice or engagement.
We provide tailored investment recommendations designed to align with your goals, timeframe, circumstances, and risk tolerance.
Before providing advice, we may ask you for information about your financial position, goals, investment timeframe, investment experience, risk tolerance, existing portfolio, income needs, liquidity requirements, and any relevant personal circumstances.
If you do not provide the information we reasonably need, we may be unable to provide advice, or the advice we provide may be limited.
Before any investment action is taken, we will discuss our recommendations with you and seek your confirmation.
Once you provide approval, usually by email, signed instruction, platform instruction, or other written confirmation, implementation may be arranged through the relevant product provider, platform, broker, custodian, bank, or other third-party provider.
You remain in control of your investment decisions.
Echo Financial Advisors Ltd does not operate a discretionary investment management service.
We do not make investment transactions without your instruction or approval.
Where implementation is arranged through a third-party platform, broker, custodian, fund manager, bank, or product provider, you remain responsible for authorising the relevant transaction, instruction, or account action.
Echo Financial Advisors Ltd does not hold client money, securities, or assets.
You remain in control of your investment decisions.
All investments involve risk.
Investment values and returns can rise or fall, and you may receive back less than you invest. Past performance is not a reliable indicator of future performance.
This investment is designed for a long-term horizon of 7–10+ years. Short-term price drops of 10–20% are normal risks.
Investment risks may include, but are not limited to:
Where investments are held in overseas assets or foreign currencies, currency movements may affect returns.
No investment strategy can guarantee performance, income, capital protection, or achievement of financial objectives.
Echo Financial Advisors Ltd operates on a fee-only basis.
We do not accept commissions, soft-dollar incentives, volume targets, sales incentives, or product-provider remuneration.
Depending on the nature and scope of work, our fees may include:
The exact amount, method of calculation, and payment terms will be agreed with you in writing before services commence.
Fees will be confirmed in the relevant Scope of Engagement, Scope of Works, Statement of Advice, service agreement, or other written engagement document.
Unless stated otherwise, Echo’s fees are exclusive of GST.
Third-party costs, including brokerage, custody fees, platform fees, product fees, fund charges, transaction costs, exchange fees, bank fees, or other provider charges, are charged by the relevant third-party provider and are separate from Echo’s fees.
Where we provide ongoing portfolio management, monitoring, and review services, our standard fee schedule is:
Under $250k
$250k–$500k
$500k–$1m
$1m–$2.5m
$2.5m–$5m
Over $5m
Fees may vary depending on the complexity of the work, the services required, the agreed scope, and any specific written agreement between you and Echo Financial Advisors Ltd.
Echo may offer fixed-fee diagnostic or project-based services.
Examples include:
Service
KiwiSaver Review
Portfolio Stress Test
Investment Plan / Statement of Advice
Retirement Readiness Diagnostic
Concentrated Wealth Review
Where a Portfolio Stress Test is completed and you proceed to a Statement of Advice or investment-planning engagement within 30 days, a credit may apply.
Any credit is capped at 50% of the Statement of Advice fee unless otherwise agreed in writing.
All fixed fees, project fees, credits, and payment terms will be confirmed in writing before work begins.
Echo Financial Advisors Ltd operates on a fee-only basis.
We do not accept commissions, product-provider incentives, soft-dollar benefits, volume targets, sales incentives, or other forms of product-provider remuneration.
At present, Echo Financial Advisors Ltd does not receive non-monetary benefits such as training, research access, educational resources, hospitality, or other provider benefits that could reasonably be expected to materially influence our advice.
If this changes, we will disclose the nature and source of the benefit where it could reasonably be expected to materially influence the advice we provide.
Echo Financial Advisors Ltd is required to give priority to your interests where a conflict may arise.
We manage conflicts of interest by:
If a conflict arises that could materially influence the advice we provide, we will disclose that conflict and explain how it is being managed.
Echo Financial Advisors Ltd may use research tools, modelling software, portfolio analysis systems, financial planning tools, and AI-assisted tools to support analysis, drafting, workflow management, and review.
These tools do not make final advice decisions.
AI-assisted tools do not replace adviser judgement.
All financial advice is reviewed, approved, and delivered by a human financial adviser.
No research tool, model, software system, or AI-assisted tool can guarantee investment performance or financial outcomes
We are committed to protecting your privacy and confidentiality.
Personal and financial information you provide is collected for the purpose of delivering financial advice services, assessing suitability, managing our relationship with you, and meeting legal, regulatory, compliance, tax, AML/CFT, and record-keeping obligations.
We handle personal information in accordance with the Privacy Act 2020 and our Privacy Policy.
Our Privacy Policy explains how we collect, use, store, disclose, and protect personal information.
You can request access to, or correction of, personal information we hold about you by contacting us.
Where required under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, we may need to verify your identity, confirm your address, and request information about the source of funds or source of wealth.
We may also be required to monitor transactions, keep records, and report suspicious activity to the relevant authorities.
These requirements are legal obligations and may apply before services can be provided or implemented.
If you do not provide information required for AML/CFT purposes, we may be unable to provide services or proceed with implementation.
We are required to keep appropriate records of the financial advice we provide.
This may include records of:
We are required under financial advice laws and related regulations to retain advice records for at least seven years.
These records help ensure there is a clear record of the advice process for you, Echo Financial Advisors Ltd, and the regulator where required.
If you are not satisfied with our service or the financial advice you have received, please contact us first.
You can contact:
Kevin Morgan
Director and Financial Adviser
Echo Financial Advisors Ltd
Email: kevin.morgan@echo-financial-advisors.co.nz
Please include enough detail for us to understand your complaint, including what happened, when it happened, and what outcome you are seeking.
We will acknowledge your complaint within 2 business days.
We will consider your complaint fairly, investigate where required, and aim to resolve it as promptly as possible.
We may contact you for further information if needed.
If we cannot resolve your complaint internally, or you are not satisfied with our response, you may refer your complaint free of charge to our external dispute resolution scheme:
Financial Dispute Resolution Service — FDRS
Phone: 0508 337 337
Email: enquiries@fdrs.org.nz
Website: www.fdrs.org.nz
FDRS is an independent dispute resolution service.
You must usually raise your complaint with us first before referring it to FDRS.
Echo Financial Advisors Ltd and its financial adviser are bound by duties under the Financial Markets Conduct Act 2013.
These duties include:
These duties are designed to ensure that you receive professional, client-focused financial advice.
Echo Financial Advisors Ltd and Kevin Morgan have no relevant disciplinary history, criminal convictions, or civil proceedings required to be disclosed under the financial advice disclosure regulations.
If you have questions about this Disclosure Statement or Echo’s financial advice services, please contact:
Echo Financial Advisors LTD
Financial Advice Provider
FSP1001566
Email: info@echo-financial-advisors.co.nz
Website: www.echo-financial-advisors.co.nz
You can check our registration and licence details on the Financial Service Providers Register at fsp-register.companiesoffice.govt.nz
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