Financial advisor kickbacks.

Discussion in 'Financial Planning' started by Peter Carter, 21st Apr, 2017.

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  1. Scott No Mates

    Scott No Mates Well-Known Member

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    Is the FP recommending a specific property (hence getting a kickback) or recommending that property should be considered in a wider portfolio?

    $400k is a major exposure in his whole portfolio (if he takes up this option), what other options is he considering including in his wider recommendations (eg: equities, term deposits, funds managers etc)?
     
    Scott No Mates, 22nd Apr, 2017
    #21
  2. Chris Au

    Chris Au Well-Known Member

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    Good points for consideration. I'm throwing some broad questions out for the OP to consider when considering any location or investment.
     
    Last edited: 22nd Apr, 2017
    Chris Au, 22nd Apr, 2017
    #22
    Archaon likes this.
  3. Peter Carter

    Peter Carter Active Member

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    Thanks for the replies everyone, much appreciated.
     
    Peter Carter, 25th Apr, 2017
    #23
  4. Peter Carter

    Peter Carter Active Member

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    Peter Carter, 27th Apr, 2017
    #24
  5. Peter Carter

    Peter Carter Active Member

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    In regards to other investment options he is a bit unsure. I suggested that maybe at his age and owning his house outright maybe it wouldn't be wise to invest in property if you are afraid of biting the bullet which he is and maybe looking into the fund managers side of things. Maybe less risky at his age ?
     
    Peter Carter, 27th Apr, 2017
    #25
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