What Will A Good Financial Adviser Do For You?

Some may think a financial adviser’s role is to forecast the direction of the share market from month to month and invest clients’ money accordingly.

This is not the reality, of course. Investments are only one small part of what your financial adviser can provide for you.

Here are just a few ways you can benefit from having a good financial adviser in your corner.

Building your Financial Knowledge and Awareness

Consider for a moment the vast numbers of websites, printed articles, and media broadcasts dedicated to financial topics these days.

Australians are bombarded with so much financial information these days. But to really understand it and be able to use it to your advantage takes considerable knowledge.

Whether it’s the latest share market activity, economic news or the constantly changing tax and superannuation rules, we can answer your questions, warn you of issues you may not be aware of and save you the many, many hours you’d have to spend researching it all yourself.

And as we provide you with ongoing advice – you naturally develop your own knowledge.

Money and time

Usually the benefit you receive from a financial adviser can be spelled out in dollar terms.

That might be the income tax you have saved by re-structuring your salary, or a new concession from the Australian Tax Office (ATO) or Centrelink that you didn’t know you could get.

If you agree that time is money, then think about the time we’d save you when you make important decisions.

If you had to do it all yourself, how would you choose the most appropriate super fund, investment options, or insurance cover? How frustrated would you be stuck on the phone trying to get regular information from government departments?

With all this confronting you, it’s no wonder that many important financial decisions stay in the “too-hard basket”.

Remember, we deal with these things every day. We are in an ideal position to explain everything you need to know, and to simplify your options.

Client’s best interests

The finance section of your newspaper news website probably includes a regular “advice” or “Q & A” column.

By law, these columns must warn readers that the advice does not take into account your personal situation or needs and you should consider its appropriateness before acting.

In setting your financial strategy, we don’t use this “general advice warning” because we have taken the time to get to know you and your circumstances.

This means that everything recommended to you—the investment portfolio, super contribution strategies, savings plans and insurance advice—is tailored to your personal needs, goals, and tolerance to risk.

As the years go by, your financial strategies will need adjusting due to changes in the broader environment or something closer to home. Whatever the case, we are here to help you make the most of the good times and the bad.

And meeting us for a review doesn’t always mean major changes, but at least you’ll know that you’re on the right track – and not having to do it alone.

Some Questions to Ask Yourself

• • Do you wish you knew more about financial matters?
  • Have you sometimes wondered whether you’re not receiving Centrelink benefits you’re entitled to?
  • Do you wonder whether you’re doing the best thing with your Super?
  • Do you think not having the answer to important financial questions may be adversely impacting your financial wellbeing?

If you answer yes to any of those – why no book a consultation with the House of Wealth Financial Planning team. You’ll get some answers to your questions and a much better perspective and understand of what is possible.

Better still – the first 30 minutes will cost you nothing!

Nothing ventured nothing gained. And at the end of the day – what’s to lose?

Some may think that a financial adviser’s role is to forecast the direction of the share market from month to month and invest clients’ money accordingly.