How will independent financial advice build your wealth?

• Simplify your budget • build savings and investments • increase your super • protect your family • minimise bad debt • reduce tax • grow your personal wealth

A strong financial adviser will help you identify smart ways to grow your wealth and achieve your aspirations.

An adviser will work with you to understand your financial goals, develop a tailored plan to help you achieve these aspirations, and then partner with you through the implementation of this plan to help you to keep focused on building your personal wealth.

An independent financial adviser is not obliged to recommend specific products, does not receive commissions and is empowered to provide objective advice across the full suite of investment options.

Why do I need a financial adviser?

Money is one of the fundamentals of life. You deal with money every day: earning it, spending it. Yet while in life we consult experts regularly about areas where we lack expertise – such as health or even taxation – the majority of Australians don’t seek advice when it comes to planning their finances and building their wealth.

Why is this a problem? We are now living longer than we ever have before. With a longer life expectancy, our retirement savings are being stretched over more years, meaning that sustaining our basic living expenses, let alone providing for our ‘dream goals’ in retirement, is becoming harder to achieve. And yet we still want to have the ability to enjoy life along the way. With this in mind, how can we make the most of our financial potential?

Via careful financial planning across all stages of life.

The role of a financial adviser

A financial adviser help you objectively make decisions about your money. A good financial planner will work closely with you to understand your current financial situation, your goals and aspirations, and implement a clear plan to achieve those goals.

Ultimately, your adviser will remain a life-long guide, constantly monitoring your situation and changing the plan along the way to maximize your financial potential.

Some of the things you can expect a financial planner to assist you with are to:

  • Help you identify your financial goals
  • Give you the support and guidance you need to reach those goals
  • Identify financial resources and opportunities available to you to help you grow your wealth
  • Identify opportunities to minimize tax
  • Prepare for important life events such as changing careers, having children or retiring
  • Protecting your income, investments, and your financial position
  • Simplifying your finances
  • Giving you peace of mind that your financial future is secure.

Who can give financial advice in Australia?

In Australia, generally only people who work for or represent a financial advisory business that holds an Australian Financial Services Licence (AFSL) are allowed by law to give you personal financial advice. Before dealing with an adviser, be sure to check that that person is authorized to represent a licensed advisory business. You can check licence details by visiting ASIC’s consumer website, MoneySmart,


Learn more | Download the Financial Spectrum Guide to Choosing a Financial Adviser.

Learn more | Learn how in 12 months we helped Alison and Jeremy get on track for an achievable retirement