In a tough economy, it feels good to know that you have worked hard and saved diligently. However, you are now wondering how to make your money work smarter and take you further.
Maybe you are planning for your retirement, looking to start a business or simply trying to get on top of your finances. Whatever the case, it’s critical that you choose the right financial planner on the Gold Coast, as this can make all the difference.
However, with so many advisors and firms out there, how do you know who you can truly trust?
Here are some things you should look out for when selecting a financial planner who will prioritise your goals, offer unbiased advice and help you take control of your financial future.
Look For No-Biais, Personalised Advice
The best financial advice doesn’t come from someone who has an obligation to push a product. It comes from someone who listens. Quality financial planners take the time to understand your current financial situation, your future aspirations and your comfort level with risk before offering any recommendations.
Those financial planners who push a one-size-fits-all solution on you or who steer you towards specific products should be avoided. You would be better off with a boutique practice or a no-biais advisor who can offer you tailored strategies based on your unique needs.
Blue Diamond Financial, for instance, operates without ties to any particular products, which means that the advice we give is built entirely around your best interests, with no ulterior motive.
Check Their Credentials
Your financial planner’s credentials are important, so you should always be sure to go with advisors who are registered with ASIC and those who adhere to the Financial Planners and Advisers Code of Ethics.
The best financial planners won’t just flash their certificate at you but will also ask thoughtful questions. A good financial planner will show a genuine interest in your lifestyle, goals, values and even your fears about money.
When you meet with your financial planner, do they explain concepts in plain language? Do they empower you to make informed decisions?
Ultimately, if you leave meetings feeling more confident and better informed, then it’s a good sign that you might have found the right fit.
Don’t Just Plan, But Partner
Financial planning is not a one-off event but rather an ongoing relationship. Therefore, you should look for someone who can offer you structured, long-term support with regular check-ins and the flexibility to adapt your plan as life changes.
When your financial planner can position themselves as a long-term partner, this will help you stay on track, even when the unexpected happens.
If you are ready to take the next step towards financial clarity, then contact us at Blue Diamond Financial today to find a financial planner on the Gold Coast who truly understands your goals.