Hamster, two points.
You can put this portfolio together, but it's aimed at the person I call my sisters neighbour. When my sister needs help she calls me, but who does her neighbour call? Likely they wander into their bank and get ripped off Hence these portfolios.
As for the fee, a flat fee is exactly what I campaign for, no percentage of AUM which is the rip off. You pay one flat rate regardless of size, like if you went to the dentist. They don't charge based on your net worth, they charge on what they do.
Percentage of AUM as a fee must die.
Lastly, first year is free as ABSA covering the 100bucks.