When it comes to managing your finances, it’s a good idea to choose a person that you can trust. Finding someone that has a vast knowledge of laws and standards and a proven track record will help to provide you with peace of mind.
However, it’s also beneficial to find someone that you can relate to, is approachable, and is an expert in the area that you’re seeking advice in.
If you’re looking for speciality financial planning services, then it might be a good idea to use an adviser with not only business experience, but personal experience too.
Finding someone that has had personal experience will mean that they can sympathise with you, and may take more care understanding your needs. For example, if you used financial planning services to shift your elderly mother into aged care, it may be a good idea to find an adviser who has been through a similar situation.
Before settling on an adviser, make a point to meet a few of them in person first to help you decide. Financial planning can often mean maintaining a long-term relationship, so it’s important that you feel comfortable with whoever you decide upon.
Have a one-on-one meeting with them to ensure that they’re the type of person you want managing your finances. You may even want to ask for some references from a few of their previous clients so that you can get an idea of what level of service they provided.
Once you meet with a potential financial planner, you may find it beneficial to ask them about their qualifications. Find out what sort of study they have completed, and how recent it was, and if they are currently licensed.
Qualifications to look out for are ones like a Diploma of Financial Planning, and Australian Securities and Investments Commission (ASIC) recognised RG 146 training standards.
This is also a good time to ask what sort of experience they have, and if they have worked at any other financial institutions dealing in specialty areas.
You could even Google their name to see what results come up – as there are many advisers who write articles for publications or are interviewed for their opinions.
we can help
If you are wondering where to get financial advice, we can help. Why not get in touch by calling 1800 626 881 or by using the ‘contact us’ tool on our website.