Your Wealth Mentor Referral Program

Terms and Conditions 

When a client refers his/her families, friends, and colleagues to us and those referred become a “Qualified Client” of Your Wealth Mentor, we will pay the referrer a referral fee.

For the purposes of this program, a “Qualified Client” means a client who has proceeded:

1. with setting up an SMSF with our assistance; and
2. at least purchased one property from or through one of our Property Partners.
3. Has proceeded with securing a Home Loan with our Mortgage Broker Partners.

Referral fee

We offer a referral fee of $500, subject to the following conditions:

• This Referral Fee is paid per property for a Qualified Client, that is if the referred member purchased three (3) properties with “Your Wealth Mentor”, the total Referral Fee will be $1,500.
• The Referral Fee is payable within 28 days after the contract of sale is exchanged with the full deposit paid (deposit amount as stipulated by the contract of sale).
• If the referred client failed to settle the property and as a result, any fees paid or due to “Your Wealth Mentor” was clawed back or forfeited by the Developer/Vendor, then any Referral Fees paid previously pertaining to this property will be repaid to “Your Wealth Mentor” or deducted from future referral payments to you within 30 days.
• For SMSF and Loan clients, the referral fee will be paid 30 days after the rollover has been processed, or/and loan settled and we have received the revenue for the deal(s).

It is the referrer’s responsibility to seek professional advice to determine the appropriate tax treatment of the Referral Fee payment from “Your Wealth Mentor”.