The following are the most frequently asked questions about financial planning we hear from new clients. We would be happy to provide you with answers to questions in relation to your individual circumstances.
> Why do I need to see a financial planner?
Constant changes and industry reforms in superannuation, taxation and social security legislation means that even simple decisions can have unforeseen consequences over the long term. This can be particularly so as we move from work into retirement. At Wealth Advantage we can help you plan for your financial future.
> What is financial planning?
Financial planning is the process of meeting your life goals through the management of your finances. Your life goals may include buying a home, saving for your children’s education or planning for retirement. At Wealth Advantage our Financial planners follow a process that helps you look at where you are now and where you want to be financially. Using this process we help you work out what you need to do now and in the future to reach your goals.
> How does Wealth Advantage charge for financial advice?
Wealth Advantage is paid a fee for advice based on the complexity of advice you require. These fees are disclosed in your initial meeting to enable you to be make an informed decision before proceeding. You can pay for the services you receive on a fee for advice basis. This allows you to know that you are paying for our advice irrespective of any product you use, clarifies the services you are entitled to, and ensures all recommendations are driven by your needs.