FACT FIND FORM
Why I do need a Financial Adviser?
Can I Use a Financial Planner if I’m Not Rich?
One of the most commonly observed
misconception is that Financial Advice is for already-rich people. However, that’s not true. You
don’t need to believe what you see in media especially in movies like “Wolf of Wall Street”. We work with clients of all income levels, ranging from $30,000 to over six-figures, and believe in the affordability of financial advice to people of any wealth or income level.
Retirement is way too far for me
It’s never too early to start planning for retirement. The sooner you invest appropriately, the more you may save and the less you would have to work harder for your retirement. If you are aware of the concept of exponential growth, missing 1 year of good return may result in less for your retirement or even delay your retirement day. The sooner you invest more chances of having more for your retirement.
Simplify our clients’ financial lives
You may be busy in your professional life or your personal life or simply you don’t have the time and expertise to simplify your financial decisions. The financial services world continues to become more complex. We will simplify any financial decisions you may face and explain financial concepts in plain English. Having a trusted advocate in your corner will help to relieve the burden of facing these decisions on your own.
Minimize fees and expenses for their clients
Small differences in both investment performance and fees and costs can have a substantial impact on your long-term returns. For example, total
annual fees and costs of 2% of your account balance rather 1% could reduce your final return by up to 20% over a 30-year period (For example, reduce it from $100,000 to $80,000). It is our job to consider whether features such as superior investment performance or the provision of better member services justify higher fees and costs.
Help clients maximize their net worth
We help in maximizing your net worth in numerous ways such as maximizing your tax effectiveness through super contributions, managing your debt, saving for college or wedding or saving for house in the most tax-effective way and avoid making money mistakes.
Help clients maximize their life worth
The trade-off between enjoying the present and saving for future is sometimes difficult. But the point of saving and investing is to put you in a position to have
options. For example, planning a baby, building a house, saving for retirement, saving for education, saving for holidays, saving for a year-off from work. This could mean the peace of mind knowing you can do what you want to do in life. We will help you articulate and plan for your financial and life goals, and in the process, help you maximize both your net and life worth.
Keep our clients focused on the big picture
You don’t need to panic if the market is down. Markets move in cycles. So after every trough, history shows there is a recovery. If you’re young and
the market moves downward, you may have the opportunity to invest more money at cheaper prices. If you’re nearing retirement, remember you won’t need all your savings and investment money the
day you retire.
Help our clients understand what they can and can’t control
You can control your financial
goals. You can’t control the market movements but you can control how you react to market events,
both bull markets and bears. So, we coach our clients understanding market movements and reacting
to those movements.
My accountant can give me good financial/investment advice
You may have a good and trusting relationship with your accountant but your accountant can not provide you financial advice unless he is authorized to do so. He must be complaint and must be registered with ASIC as licensed financial adviser. Most accountants are not compliant to provide financial advice. A professional Financial Planner/Adviser is appropriately qualified to provide you with financial/investment advice.