Financial Planning Services

What’s your
financial spectrum?

Your financial spectrum is unique to you, and uncovering it doesn’t start by measuring you up for life insurance. It starts with knowing which questions to ask, then listening to the answers.

An investment unit on the Newcastle waterfront might suit your neighbour and be exactly the wrong move for you. We’re planning for you, not your neighbour, your colleague or your brother-in-law. Where do you want to get to, and how will you get there?

Our services

We work across four key areas of financial advice, and they connect. Most clients need help across more than one of these, and because we handle all four in-house, everything works to the same plan rather than being pieced together from separate firms that don’t talk to each other.

How we work with you​

Most client relationships start with a phone call, where we’ll give you an overview of how we work and arrange a time for your complimentary strategy session. It’s obligation-free and usually runs about an hour. We can meet at our Sydney CBD, Balmain or Bondi Junction offices, or via video call all work if that’s easier for you.

Before we meet, we’ll send you a short questionnaire about you, your circumstances and what you’re hoping to achieve. It tells us which areas to explore in the meeting, so we can build a proper understanding of your situation from the start.

At the first meeting we’ll talk through your current situation, any challenges you’re facing, and start to map out your financial and lifestyle goals. What we learn here is what we’d use to build a plan tailored to you, if you decide to go ahead.

We’ll share our initial thinking on your future and check we’re heading in the right direction. If you’re happy to proceed, we’ll present our fee agreement. From there we map out several strategies using our own research and modelling tools.

We’ll take you through the strategies we’ve prepared and show how each one moves you towards your financial and lifestyle goals. You’ll see how different decisions play out over time. The priority is that you understand what we’re discussing and feel confident it’s right for you.

Refining your strategy can take one meeting or several, depending on how complex your situation is and how you like to make decisions. We don’t cap the number of refinements, because our commitment is that you end up with the plan you actually want. As we work through it, you’ll get a clear understanding of your options and their long-term effects, and settle on the approach that suits you best.

Once you’re comfortable with the strategy, we prepare the full version of your plan, called a Statement of Advice. It sets out detailed recommendations and a step-by-step path for improving your position. We present it face-to-face so you can ask questions and move forward with confidence.

Every plan is implemented differently. Yours might involve budgeting and debt reduction, arranging insurance, estate planning, investing in managed funds, exploring property, or a mix of tactics suited to your goals. Whatever it takes, we work alongside you to put the plan in place and answer questions as they come up.

Once your plan is in place, we’re here for the long term. Your circumstances, the markets and the rules all change over time, so we review your portfolio and situation regularly to keep you on track towards your goals.

Why Financial Spectrum?

We’re privately owned, so our advice answers to you, not to a bank or outside shareholders. We charge a fee for our time and advice, based on the complexity of your situation rather than the size of your portfolio, because every client’s future matters equally.

There’s very little talk about products at all. We spend the time up front understanding you, your values and where you want to get to, then build the strategy around that.

Our fees and guarantee

Everything is out in the open. We’re privately owned, with no links to banks or financial institutions, and we charge a simple flat fee for our time and advice.

That fee reflects the complexity of the work, not whether we’re advising on fifty thousand dollars or five million. Every client’s financial future matters just as much.

We’re confident we can deliver value well above what you invest in our advice, and we back that with a money-back guarantee. If our Statement of Advice doesn’t show clearly how we’ll save you more than our fee, we’ll refund it in full, without question.

We charge a simple flat fee for our time and advice. It’s based on the complexity of what you need, and it covers everything from our first meetings through to developing your strategy and implementing our recommendations in full. Where insurance is part of your plan, the insurer pays a commission, and we rebate that back to you rather than keeping it, so what we recommend isn’t influenced by what a product pays.
We charge a flat fee for the time we spend building and implementing your strategy. A common approach elsewhere is a smaller upfront fee, with more added later: implementation fees, or percentage-based fees tied to how much you invest. Investments are also often held on an investment platform rather than owned directly by you, which affects what you pay both upfront and over the life of the investment. At Financial Spectrum your investments are held in your own name. So while another adviser may look cheaper upfront, it’s worth being clear on the fees that build up over time. In many cases you’ll find our approach works out more cost-effective.

Financial Spectrum is privately owned and fee-for-service: we charge a flat fee for our advice, so what we recommend isn’t driven by selling products. Where insurance is involved, the insurer pays a commission, and we rebate it back to you rather than keeping it. Because of that, the premiums our clients pay can be up to 30% lower than the standard retail rate. This all means we only recommend a product or course of action because we believe it’s the best fit for your goals, and we can recommend the full range of options, including ones such as industry super funds and low-cost ETFs that some advisers skip because there’s little in it for them.

We charge a simple flat fee for our time and advice, with none of the hidden costs that are common in the industry. If your strategy includes certain products, you may pay fees directly to those providers, for example the fund managing your super. We often recommend low-cost ETFs and industry super funds as a core part of a client’s strategy, and your investments are held in your own name, so you keep full control.

We’re confident enough in the value we create that we back it with a money-back guarantee. If your Statement of Advice doesn’t clearly show how we’ll save you more than you invest in our advice, we’ll refund our fees in full, without question.

Keeping your plan on track

Life doesn’t stand still. You might change jobs, start a family, sell a business or face something unexpected, and markets and legislation keep shifting too. Our ongoing service keeps your plan in sync with all of it.
 
At regular reviews we look at your circumstances and your portfolio, spot new opportunities and make adjustments so you stay on course. We’re only ever a phone call or email away.

Different clients need different things. Once your plan is in place, ongoing service is optional. Some clients prefer us to manage things on a regular basis; others would rather look after their own portfolio and check in from time to time. Either way, the support is there when you need it, and we’re happy to work the way that suits you.

Yes. Your needs change as your life does. Ongoing clients touch base with their adviser regularly, while our DIY clients check back in as things come up and simply pay for the time they use. You can move between the two as well: ongoing support through busier periods, then a lighter, needs-based arrangement once things settle.

You are. We set up all your investments in your own name, which keeps you in full control. Many advisers instead hold client investments on a wrap platform, which makes managing things yourself difficult and adds a layer of fees across the whole life of the investment.