Best Financial Planning Services

Financial planners can help both seasoned investors expand their wealth portfolios and those without the know-how to reach their financial goals. If you’re seeking financial advice on anything from general budgeting to investment and retirement planning, then this guide is for you. Continue reading...

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Based on 8,077 reviews
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ActOn Wealth

ActOn Wealth 🏆 2024

5.0  (158) Summary

Featured review: As a young couple, we were unsure what to do with our savings and were concerned about being able to afford having children and owning a property. Blyth and the team created a 10 year financial plan for us including childcare and maternity leave and future mortgage repayments and gave us options on how to invest our savings to support the life we want to have. We are now closing the deal for our first investment property and we feel like the decision we've made had the best and most complete research backing it up. We've been guided in every step of the process and have had all of the question answered (in multiple occasions). We are very happy with the relationship we have built with the team and hope it will keep growing with time.

My Online Adviser

My Online Adviser 🏆 2024

4.9  (526) Summary
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Luke Temu
Luke Temu
 
The go to guys for Ur superannuationBrilliant service very fast and easy highly recommend these guys Joshua Forbes is the guy to ask for very kind and helpful and efficient the best at what he does.cheers Josh U legend.
Superannuation Advice Australia

Superannuation Advice Australia 🏆 2024

4.8  (3,082) Summary
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Fiona
Fiona
 
Great customer serviceStaff are helpful & provides me information I need to make more informed decisions regarding my personal situation Show reply
ActOn Wealth

ActOn Wealth 🏆 2024

5.0  (158) Summary
Sam 777
Sam 777VICGreater Melbourne (Outer), VIC2 posts
  Verified
Proactive in finding a great dealEarly this year, Act On Wealth credit advisor HAYDEN DEWAR took the initiative and found a great deal then proactively approached me to offer a deal that can save $10,000+ of interest per year.
Future Assist Group of Companies

Future Assist Group of Companies 🏆 2024

4.7  (806) Summary
Lauren Hehir
Lauren HehirNSWIllawarra, NSW2 posts
  Verified
Veye

Veye

4.6  (94) Summary
Brett Westall
Brett WestallWAPerth, WA2 posts
  Verified
Fat Prophets

Fat Prophets 🏆 2024

4.2  (386) Summary
Jeey
JeeyWAPerth, WA
 
Avoid fat prophetsI also have been scammed by all this scammers but thanks to sarahleoleo at aol com who helped in getting all my funds, you can also contact to help you recover your lost funds or crypto.
Xero

Xero

3.8  (794) Summary
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Hang Joon K.
Hang Joon K.QLDSouth East Queensland, QLD
 
working with easeIt allows me to get invoices and receipts done with ease. All the layouts are great. One thing I'd like is a quicker way to send the receipts to clients. (less clicks)
Kyra Finance

Kyra Finance

4.8  (16) Summary
Thushara R.
Thushara R.WAPerth, WA
 
Excellent serviceI have been liaising with Vikas and bhawna from years regarding refinancing my home loan and recent car loan.They both have excellent product knowledge and have assisted in the best way and interest rates. Highly recommend
Apex Financial Planning

Apex Financial Planning

4.1  (21) Summary
Luke Maddison
Luke Maddison
 
Absolute horrible experienceall I have received since I joined is a $10000-$15000 loss in my super and now I’m trying to leave I’ve had nothing but problems 100% would not recommend!… RUN!….
True Wealth

True Wealth

5.0  (11) Summary
John Rennie
John Rennie
 
Great productCustomer service and product management are great
Very happy with the service provided
Platinum Accounting & Taxation

Platinum Accounting & Taxation

4.6  (13) Summary
Madison
MadisonVICGreater Melbourne (Metropolitan), VIC
 
Excellent serviceCorinne has been so helpful with my taxes over the past few years, especially since mine have been quite complicated. Would definitely recommend her services!
Invest Blue

Invest Blue

4.4  (13) Summary
Gary A
Gary ANSWSydney, NSW16 posts
 
Very DisappointedIn September 2022, my financial advisers, Emohruo Financial Services, entered into a partnership arrangement with Invest Blue. Since then, service has deteriorated and I am about to take my business elsewhere.
Invest Blue
Invest Blue   DM   
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Hey Gary, Thanks for your feedback, we apologise your experience hasn't met your expectations. We understand your financial adviser and our team has been working closely with you throughout this period to resolve this.

Kind Regards,
Invest Blue

RateOne

RateOne

5.0  (8) Summary
Jenny T
Jenny TVICGreater Melbourne (Metropolitan), VIC
 
Dilleen Property

Dilleen Property

4.0  (12) Summary
Alesia
Alesia2 posts
  Fair Incentive
Great serviceEddie and his team have been wonderful. We have purchase 2 properties with them and will continue to work with them in the future. Eddie's team takes the stress out of buying a property which is exactly what we needed !
Empire Financial Group

Empire Financial Group

4.5  (8) Summary
Kaye and David
Kaye and DavidWAPerth, WA
 
Worry free financial adviceMy husband David and I meet with Mark Smith on an annual basis and have always found his advice clear and concise and have enjoyed his collaborative approach.
Clear Sky Financial

Clear Sky Financial

5.0  (6) Summary
Gunner
GunnerQLDCentral Queensland, QLD2 posts
  Fair Incentive
All good thus farEverything was explained to me. Open lines of communication is the go Show reply
Anita Rooney
Anita RooneyAU
 
Summit Wealth Services

Summit Wealth Services

3.1  (11) Summary
PETER
PETER
 
The Motley Fool

The Motley Fool

1.8  (508) Summary
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Justin V.
Justin V.
  Verified
Very very bad stock adviceIncredibly bad stock tips. I should have read here first. All of the tips they gave are down. But not just a bit down. 5g and DTC are down 80 and 90%. And that’s not unusual. They are sooooo bad it is incredible they are still around. I am shattered I trusted them. They are the worst ever.
Mrs H
Mrs H
 
So important for all families!QSA really helped me sort out my life insurance and income protection which has given me real peace of mind. Hailey was so professional and thorough, I had no doubt that our finances were in good hands. I'd highly recommend their services to all my friends and family!

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Intelligent Investor

Intelligent Investor

3.1  (8) Summary
d_n_e
d_n_ePH2 posts
 
Odyssey Financial

Odyssey Financial

2.3  (13) Summary
Peter  Jill
Peter Jill3 posts
 
Rip offSetup a whole lot of insurances so he get a kick back each time and when asked where is all these policies financed, dont worry it is coming out of your super, so you might have an insurance which you might not need and your super is dwindling away with your the kick back they are taking for setting up those which you do not need..A.H
Vanguard Investments

Vanguard Investments

2.0  (20) Summary
Ruffalo
Ruffalo
 
Ventas Capital

Ventas Capital

5.0  (3) Summary
Andrew C.
Andrew C.QLDSouth East Queensland, QLD
 
Excellent Service - Highly RecommendCaleb from Ventas Capital helped me secure my first NDIS investment and was essential throughout the whole process from finance approval to the actual property acquisition, great team to work with and highly recommend them.
Lime Financial Services

Lime Financial Services

5.0  (3) Summary
Geraldine
Geraldine VICGreater Melbourne (Inner), VIC
 
EXCEPTIONAL EXPERTISEI have employed Andrew at Lime Financial Services for all my new home loan reviews/changes for a very long period of time (3 moves).
He is an extremely professional, knowledgeable & caring person and I have no hesitation in recommending him to anyone.
His expertise is second to none!
Source Accounting Australia

Source Accounting Australia

4.0  (4) Summary
jeff
jeffMelbourne22 posts
  Verified
Link Market Services

Link Market Services

1.1  (129) Summary
Jubilation.g.cornpone
Jubilation.g.cornpone
 
Geraldine Farlow
Geraldine Farlow
 
Review of MacArthur wealth managementAnne Steer has been our financial planner for some years and have found her to be professional and supportive at all times
Story Wealth Management

Story Wealth Management

5.0  (2) Summary
Dianne B.
Dianne B.VICCentral Highlands and Goldfields, VIC2 posts
 
Knowledge Source

Knowledge Source

1.8  (8) Summary
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Kevin H.
Kevin H.
  Fair Incentive
Great information about improving your financial educationIt's magnificent and great knowledge with lots of excellent mentors who are already implementing
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ActOn Wealth

ActOn Wealth 🏆 2024

5.0  (158) Summary

Featured review: As a young couple, we were unsure what to do with our savings and were concerned about being able to afford having children and owning a property. Blyth and the team created a 10 year financial plan for us including childcare and maternity leave and future mortgage repayments and gave us options on how to invest our savings to support the life we want to have. We are now closing the deal for our first investment property and we feel like the decision we've made had the best and most complete research backing it up. We've been guided in every step of the process and have had all of the question answered (in multiple occasions). We are very happy with the relationship we have built with the team and hope it will keep growing with time.

Some people sitting around a table creating a financial plan.

What exactly does a financial planner do?

A financial planner is a type of financial adviser that devises strategies to help you achieve your personal financial goals. Financial planning often involves growing a wealth management portfolio so you can be more financially free, for example, through an early retirement.

While financial planners frequently provide comprehensive, ongoing financial advice, they can also assist with one-off financial advice, like suggesting what to do when you inherit shares.

Here is a list of common services provided by a financial planner.

Cash flow management

This service helps businesses keep track of how much money is flowing into the business, compared to outgoings like rent and salaries.

Investment management

Good investment planning helps you get the most benefit from an investment portfolio, whether assets include property, stocks, or bonds. A plan should incorporate steps to minimise risk and maximise returns, and advice on whether to buy or sell assets if applicable.

Superannuation advice

Advice on super can teach you how to increase contributions, recover lost super, and determine the right time to access your super. Help setting up and managing a self-managed super fund (SMSF) is also common, as well as how to buy property with a SMSF.

Retirement planning

Along with the lump sum in your super fund at the end of your working life, retirement planning considers how you can reap the rewards from any savings, investments, government benefits, or sale of assets, to bolster your retirement fund for the future.

General budgeting

Many financial planners can help you create and follow a budget. Budgeting often acts as the foundation of a lot of the other services that financial planners provide. They can be useful for general budgeting as they’re objective and knowledgeable about helpful budgeting tools.

Estate planning

Financial management professionals can make recommendations to minimise taxes paid by beneficiaries who’ve been legally transferred assets in accordance with a will.

Taxation

In some cases, financial planners can help you complete your tax return, learn about tax deductions, and provide advice and insights on taxation. There are also dedicated tax preparation services available for tax-specific advice.

Insurance advice

Some financial advisers offer advice on insurance plans, including how to compare them and what to look for when you’re choosing a policy.

Should I get a financial planner?

The decision on whether to hire a financial planner is up to you. You should consider your personal and financial circumstances, as well as your goals. Here are some pros and cons of getting financial advice to help you decide.

Pros
Saves you a lot of time, as you don’t have to research and formulate different strategies for achieving your financial goals.
You get access to specialised knowledge in areas that are often complex to navigate.
You get peace of mind knowing that your finances are in expert hands.
Cons
Financial planners come at a cost.
Even with expert advice, there’s no guarantee you’ll reach your financial goals.

How to choose a financial planner

Instead of just searching for ‘financial planner near me,’ this question involves some careful consideration, as these professionals work with your hard-earned money and you want to make sure it’s treated with care.

1. Figure out what you want from financial advice

Before shopping around, decide what kind of information you want out of it, and what your financial goals are. Thinking about your personal and financial situation, the stage of life you’re in, and what you want to achieve will help you and your planner have a clear idea of what can be done.

2. Decide whether you want general or personal financial advice

Choose whether you want general financial advice or personal financial advice. General financial advice doesn’t take into account your personal and financial situation and goals. Personal financial advice is highly tailored to your situation and what you want to achieve.

You should also decide whether you want ongoing advice - which includes your financial planner regularly monitoring and reviewing your financial situation - or a one-off meeting to help you with a specific decision or short-term situation.

3. Shop around to find the right financial planner for you

Look for credentials

As a bare minimum, a financial planner needs to have an Australian Financial Services (AFS) licence, which means they’re listed on the Financial Advisers Register, which is managed by ASIC. This is a legal requirement in Australia. If you decide to hire them, planners must issue you with a Financial Services Guide by your second meeting. This outlines the services they'll perform, scope of work, and the charges.

There are a number of things to consider when choosing a financial planning service. Here are a few ways to decide whether one is the right fit.

Find out a planner's expertise

You’re likely better off finding an expert in what field you need advice in. That means if you’re seeking advice on superannuation, then it’s a good idea to find a planner that specialises in super. That way, you’ll get to meet with someone who knows all the intricacies, ins and outs of the topic.

Every financial advisor should have a Financial Services Guide (FSG), which outlines the services they offer, how they charge for those services, as well as information like their AFS licence number. This guide should be on their website.

Ask plenty of questions

You should do this to ascertain whether the planner or company is the right match for your financial situation. As a non-exhaustive list, you can ask what the planning company specalises in, their main client base, and any commissions they receive if they sell you financial products.

See whether you might be compatible

Lastly, be clear that you and your financial planner are on the same page in terms of how your fund or portfolio will be managed.

When reading reviews, it’s clear that the best financial planners were not only skilled at creating strategies, but really listened to provide the right strategies for each individual client. They were receptive, not pushy, and worked collaboratively with clients to achieve a shared goal.

Check the fees

Find out ahead of time exactly what you’ll pay for the advice your financial planner will provide. Don’t assume that what’s listed on their website or in the FSG is final; some planners have flexible pricing that can be negotiated.

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