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Financial security for future

Discussion in 'Investor Psychology' started by Newfast, 10th Jul, 2016.

  1. Newfast

    Newfast Well-Known Member

    Joined:
    24th Apr, 2016
    Posts:
    143
    Location:
    Syd
    Hi all,

    Me and my wife have been searching for a good Independent financial planner or advisor. We have performed several searches and gone through moneysmart website, choice website. With all the information what me found we shortliated some and then check their websites got very discouraged as they have set criteria regarding who they can work with e.g. people about to retire, prpfessional couple who earn $ 300K pa, people who inheriated money etc and there is no fee structure given ( this is just a general overview of what i understood).

    Could anyone please advise on any giod financial planner or ahare their experience.

    Thanks in advance.
     
  2. Leo2413

    Leo2413 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    5,852
    Location:
    Sydney
    What are your reasons for wanting to engage a FP? If your young and wanting to build wealth with property then I would stay away. There are much better ways learn and get advice if your wanting to build wealth from property, but I have no idea what your goals/ reasons are for wanting to engage a FP. Just be very, very careful which FP you take advise from. Often they give advice and have not created wealth from their own advice and strategies.
     
    Last edited: 10th Jul, 2016
  3. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,135
    Location:
    Kimberley and NZ
    I've never spoken to a FP. What are you hoping they'll provide?
     
  4. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,787
    Location:
    Perth WA
    It depends what you need, a FP can be good for insurances etc, or for exposure to shares when you're not confident yourself. For property, I would not bother.