Strategic Financial Advice

A holistic view of your life

At Financial Spectrum, our approach to financial advice is to take a holistic view of your life. We then combine your personal objectives with our expertise to craft a financial strategy that is tailored to your financial aspirations.

We start by getting to know you – your family, lifestyle, career and retirement aspirations. We want to understand everything, from where you like to holiday, to where you see your family in 5, 10 and 20 years’ time. This helps us to explore a full range of scenarios for you, and plan strategically for your financial future.

A comprehensive, research-based approach

Once we gain a deep understanding of your goals, we’ll draw on our extensive financial strategy expertise and rigorous planning tools to model different scenarios. This will enable you to clearly understand how different decisions can impact on your financial future. It’s not just about investing, it’s about life decisions and the impact they’ll have on you and your family financially.

Filling you with confidence for the future

After sharing these with you, we’ll create a plan that will put you in control of your financial situation and give you the confidence to achieve the lifestyle you desire.

Find out more about what it’s like to work with Financial Spectrum here.

Accounting Services

Don’t to waste time, money and effort going to different service providers for your financial matters. With Financial Spectrum’s accounting arm, we can take care of all your financial matters right here under one roof.

We pride ourselves on offering our clients full service and end-to-end management of their financial affairs. Our highly experienced in-house accounting team provide both personal and business tax advice, giving you the convenience of streamlining your financial affairs.

Our areas of expertise

Our team of highly qualified accountants provide strategic, practical and prudential advice across all aspects of accounting, tax, audit and business advisory.

Tax effective strategies
Self-managed super funds

Business advisory
Accounting and compliance

Audit and assurance
Migrant advisory

How We Work With You

1
Introduction
»
2
Getting to know you
»
3
Initial meeting
»

Most of the relationships with our clients start with a chat over the phone. We’ll give you an overview of our approach and arrange a time for an initial meeting. Your first meeting is complimentary and obligation-free, and generally takes one hour. We usually meet our clients face-to-face in our Sydney CBD office, but we can also meet in our Balmain office, Bondi office or via video conference if that’s more convenient for you.

Prior to your first meeting, we’ll send you a questionnaire to help us get to know you, your circumstances and your aspirations. It will help us to know which areas to explore further in the face-to-face meeting so that we can build a thorough understanding of your situation.

At the first meeting we’ll discuss your current financial situation, any particular challenges you’re facing and begin build a picture of both your financial and life goals. This information will be used in a comprehensive scenario modelling process so that we can build a plan tailored to your needs.

4
Second meeting

»
5
Strategy meeting

»
6
Strategy refinement meeting
»

Based on the information you’ve provided us, we’ll share our ideas and visions for your future. If you’re comfortable that we’re heading in the right direction, we’ll present you with our fee agreement. We’ll then go away and map out several strategies using our proprietary research and modelling tools.

We’ll present the strategies we’ve prepared for you and talk you through how they’ll drive you towards your future financial and lifestyle goals. You’ll start to see how different decisions can impact your future. Our priority is ensuring that you understand the concepts we are discussing and feel comfortable that they’re right for you.

Refining your strategy can take one or multiple meetings, depending on the complexity of your situation and your ability to make decisions. We commit to all our clients that they will get the plan that they want and don’t place a limit the number of refinements that it takes to get it just right. As we go through the strategy refinement process, you’ll develop an intimate understanding of your options and their long-term effects and eventually decide on the scenario that’s best for you.

7
Presenting your financial plan
»
8
Delivering your financial plan
»
9
Ongoing Support

»

Once you’re comfortable with your financial strategy, we will prepare a more comprehensive version of your plan, called a Statement of Advice. It will contain detailed recommendations, including a step-by-step explanation of how you can improve your financial situation. We’ll present this to you face-to-face so you have the opportunity to clarify anything you’re unsure about and feel confident moving forward.

The implementation of each plan is unique. Your plan may involve budgeting and debt reduction, sourcing insurances, implementing estate planning, investing in managed funds, exploring options in property and a range of other tactics suited to your specific goals. Regardless of what’s required, we’ll partner with you to help you implement your plan and answer any questions you have throughout the process.

Once your plan is in place, we are committed to providing continued expert advice and support. Changes in your personal situation, financial markets and legislation occur all the time. It’s therefore important that we review your portfolio and personal circumstances regularly so that you can stay on track to achieving your goals. Learn more about our maintenance plans here.

Contact our team today »

Strategic Financial Advice

A holistic view of your life

At Financial Spectrum, our approach to financial advice is to take a holistic view of your life. We then combine your personal objectives with our expertise to craft a financial strategy that is tailored to your financial aspirations.

We start by getting to know you – your family, lifestyle, career and retirement aspirations. We want to understand everything, from where you like to holiday, to where you see your family in 5, 10 and 20 years’ time. This helps us to explore a full range of scenarios for you, and plan strategically for your financial future.

A comprehensive, research-based approach

Once we gain a deep understanding of your goals, we’ll draw on our extensive financial strategy expertise and rigorous planning tools to model different scenarios. This will enable you to clearly understand how different decisions can impact on your financial future. It’s not just about investing, it’s about life decisions and the impact they’ll have on you and your family financially.

Filling you with confidence for the future

After sharing these with you, we’ll create a plan that will put you in control of your financial situation and give you the confidence to achieve the lifestyle you desire.

Find out more about what it’s like to work with Financial Spectrum here.

Accounting Services

Don’t to waste time, money and effort going to different service providers for your financial matters. With Financial Spectrum’s accounting arm, we can take care of all your financial matters right here under one roof.

We pride ourselves on offering our clients full service and end-to-end management of their financial affairs. Our highly experienced in-house accounting team provide both personal and business tax advice, giving you the convenience of streamlining your financial affairs.

Our areas of expertise

Our team of highly qualified accountants provide strategic, practical and prudential advice across all aspects of accounting, tax, audit and business advisory.

Tax effective strategies
Self-managed super funds
Business advisory
Accounting and compliance
Audit and assurance
Migrant advisory

1

Introduction

Most of the relationships with our clients start with a chat over the phone. We’ll give you an overview of our approach and arrange a time for an initial meeting. Your first meeting is complimentary and obligation-free, and generally takes one hour. We usually meet our clients face-to-face in our Sydney CBD office, but we can also meet in our Balmain office, Bondi office or via video conference if that’s more convenient for you.

2

Getting to know you

Prior to your first meeting, we’ll send you a questionnaire to help us get to know you, your circumstances and your aspirations. It will help us to know which areas to explore further in the face-to-face meeting so that we can build a thorough understanding of your situation.

3

Initial meeting

At the first meeting we’ll discuss your current financial situation, any particular challengesyou’re facing and begin build a picture of both your financial and life goals. This information will be used in a comprehensive scenario modelling process so that we can build a plan tailored to your needs.

4

Second meeting

Based on the information you’ve provided us, we’ll share our ideas and visions for your future. If you’re comfortable that we’re heading in the right direction, we’ll present you with our fee agreement. We’ll then go away and map out several strategies using our proprietary research and modelling tools.

5

Strategy meeting

We’ll present the strategies we’ve prepared for you and talk you through how they’ll drive you towards your future financial and lifestyle goals. You’re start to see how different decisions can impact your future. Our priority is ensuring that you understand the concepts we are discussing and feel comfortable that they’re right for you.

6

Strategy refinement meeting

Refining your strategy can take one or multiple meetings, depending on the complexity of your situation and your ability to make decisions. We commit to all our clients that they will get the plan that they want and don’t place a limit the number of refinements that it takes to get it just right. As we go through the strategy refinement process, you’ll develop an intimate understanding of your options and their long-term effects and eventually decide on the scenario that’s best for you.

7

Presenting your financial plan

Once you’re comfortable with your financial strategy, we will prepare a more comprehensive version of your plan, called a Statement of Advice. It will contain detailed recommendations,including a step-by-step explanation of how you can improve your financial situation. We’ll present this to you face-to-faceso you have the option to clarify anything you’re unsure about and feel confident moving forward.

8

Delivering your financial plan

The implementation of each plan is unique. Your plan may involve budgeting and debt reduction, sourcing insurances, implementing estate planning, investing in managed funds, exploring options in property and a range of other tactics suited to your specific goals. Regardless of what’s required, we’ll partner with you to help you implement your plan and answer any questions you have throughout the process.

9

Ongoing support

Once your plan is in place, we are committed to providing continued expert advice and support. Changes in your personal situation, financial markets and legislation occur all the time. It’s therefore important that we review your portfolio and personal circumstances regularly so that you can stay on track to achieving your goals. Learn more about our maintenance plans here.

Contact our team today »

Financial Maintenance Package

Changes in your personal situation, financial markets and legislation occur all the time. It’s therefore important that we review your portfolio and personal circumstances regularly so that you can make the most of your money and stay on track to achieving your goals.

As part of our commitment to providing continued best-practice expertise and support, we can conduct regular reviews of your financial plan as part of our financial maintenance package. This package will give you the security of having someone by your side who understands your finances as well, or even better, than you do, to help you make the right decisions at the right time.

The package includes an annual review of your portfolio and personal circumstances, with recommendations presented in a custom report. We’ll also manage the implementation of the recommended changes, saving you a mountain of admin and paperwork.

You’ll also get unlimited phone and email support from our personal finance specialists. Our expertise will cut the complexity in managing your financial affairs and give you peace of mind that you’re making the right decisions for your individual circumstances at every step along the way.

As a free bonus, you’ll have access to our budgeting and cashflow tools, and will receive monthly advice and tips to help you make the most of your money.

Financial maintenance package inclusions

Review your portfolio and personal circumstances including:

Your changing needs and objectives
The economic environment
Investment sector performance
Your taxation position
Social security issues
Investments available

Taxation position of investments
Fund manager and investment performance
Your income and debt levels
Your family situation and health
Re-evaluation of your Self-Managed Super Funds (SMSF) investment strategy

Other inclusions:

Presentation of an updated Statement of Advice
Implementation of recommended changes to your portfolio
Unlimited phone and email support

Free access to our budgeting and cashflow tools
Monthly advice and tips to help you make the most of your money

Read our success stories »

Financial Planning Fees and Payment

At Financial Spectrum we’re committed to delivering transparent, fee for service advice. This means that our clients pay us for the time and advice we provide.

We have no links to the banks or to financial products, and we don’t receive any commissions. That way, you can be assured that the advice and recommendations that you receive are genuine and most appropriate for your individual circumstances.

Further, we don’t charge any asset-based fees which means there is no link between what you invest and what you pay. You pay for what you use. Period.

At Financial Spectrum, we believe that you should not be paying for advice that doesn’t improve your situation and offer a full money back guarantee. When we present you with your financial strategy, if we’re unable to deliver measurable savings to you over and above the fees you pay, we’ll refund you 100%. No questions asked.

We are proud to be members of the Association of Independently Owned Financial Professionals. This model is essential for protecting our clients from conflicts of interest and ensures our clients know that we are purely focused on helping them achieve their financial aspirations.

Fees

Each financial plan that we create is based on a deep understanding of your personal circumstances, comprehensive research and scenario modelling. Your plan will be completely tailored to your personal circumstances, and the cost of your plan will be dependent on the factors below.

1 Time

Our comprehensive process includes multiple face-to-face meetings, research, financial modelling and the preparation of a Statement of Advice. It may also involve obtaining your financial records from other financial institutions, liaising with your accountant or lawyer, and making detailed product comparisons to identify the most suitable financial products for you.

2 Level of expertise

Some clients have very simple financial affairs, while others are more complex and require a senior planner or professional advice from someone with a specific area of expertise, such as asset protection or tax minimisation.

3 Complexity

Similar to the above, some clients’ finances are relatively simple, while others may have multiple investment properties, family trusts and other more complex investment requirements impacting on the time required to develop your plan.

Money back guarantee

If you’re still wondering if we can really make a difference in your life, we invite you to try our service completely risk free.

At Financial Spectrum, we believe that you should not be paying for advice that doesn’t improve your situation. When we present you with your financial strategy, if we are unable to deliver measurable savings to you over and above the fees you pay, we’ll refund you 100%. No questions asked.

You have nothing to lose. It’s really that simple.

Payment Options

To make financial planning convenient and assessible to our clients, there are several ways you can pay for your financial plan.

1 Upfront payment

Using this option, you will be presented with progress invoices as work is completed throughout the development of your financial plan. At the end of the development of your plan you will have no more to pay, but will have the option of selecting an ongoing service contract to suit your individual needs.

2 Installments

We also offer the option of paying for your financial plan in regular monthly instalments over a period of one year. This can help make the cost of getting a financial plan more accessible. Additional fees may apply if you select this option.

3 Superannuation

In limited circumstances, you may be able to deduct our fee from your superannuation. This can help with cash flow, but does have complex rules attached to it. This is not suitable in all circumstances and requires discussion with your adviser.

What makes us different? »