With only 45% of working Australians feeling satisfied with their current financial situation1 understanding how and where a financial advisor can assist you in achieving your personal and financial goals is often the first step in helping our clients create the roadmap to help them face the future with confidence.
Working with a professional for financial advice can help ensure that you're on the right track to achieve the lifestyle that you're looking for, but what could that look like for you?
Financial advice can play a significant role in improving the long-term positioning of your finances. While there may be upfront costs associated with seeking advice, advice can ultimately help generate and protect wealth over time. In fact, Australians who consult a financial advisor experience a 5.9% higher return on investment compared to those who do not seek advice2.
Time is a precious resource, and when it comes to managing your finances, every minute counts. Financial advisors have access to modellers and calculators, as well as the industry experience to make recommendations which are specific to you and your individual circumstances. By working with a knowledgeable financial advisor, you can streamline the decision-making process and save valuable time to spend how you want.
While there is an abundance of financial advice available online, it's important to remember that none of it is unique to you and your circumstances. A qualified financial advisor can cut through the noise and provide tailored advice that aligns with your specific needs and risk appetite. 91% of Australians agreed that receiving advice from a professional helped them achieve their financial goals3.
By leveraging historical data and market insights, financial advisors can guide you through uncertain times and help you make sound financial decisions. They're with you on your financial journey and with their expertise, you'll know when to take out that umbrella before the storm hits.
It's never too late or too early to seek the guidance of a financial advisor. At every stage, advice is tailored to your needs, and you're always in control of how much advice to implement, ensuring that you remain in the driver's seat of your financial decisions.
These are the initial steps to help you start budgeting and saving. Advisors can also help you arrange personal insurances so you're prepared against the unexpected.
Helping you to meet your financial goals, whether it's to save for first home, growing a business, investing and building wealth or managing your current debt.
Getting on top of repayments, implementing tax-effective strategies for wealth creation and optimising your superannuation leading up to retirement.
Fine tuning your goals, reviewing wills, trust and insurances while preserving capital and looking into long term care.
Wherever you are on your financial journey, we can help you plan for the future and adjust to changes when 'life' happens. Our advisors can help you achieve your financial goals by bridging the gap of where you are today and where you want to be tomorrow. Get in touch today.
1Gallagher, "Workforce Trends Report: Workplace Wellbeing Index," 2023 Workforce Trends Report: Workplace Wellbeing Index Australia. Gated PDF.
2"Value of an advisor," Russell Investment, 2023.
3"True value of advice" IOOF, Dec 2020.
The information and any advice in this article does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. When considering whether to acquire a financial product, before making any decision, you should obtain the relevant product disclosure statement. This article may contain material provided by third parties and is given in good faith and has been derived from sources believed to be reliable but has not been independently verified. To the maximum extent permitted by law: no guarantee, representation or warranty is given that the information or advice in this newsletter is complete, accurate, up-to-date or fit for any purpose.
