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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ActOn Wealth

ActOn Wealth 🏆 2024

5.0  (167) 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  (566) Summary
Lilly R.
Lilly R.QLD
 
Peace of mindGreat service and very thorough, I feel peace of mind knowing my future finances are being maximised and monitored. Show reply
Superannuation Advice Australia

Superannuation Advice Australia 🏆 2024

4.8  (3,077) Summary
Kylie L.
Kylie L.
 
Amazing!Amazing & Prompt Service! Anne-Marie always goes above and beyond for her clients.
ActOn Wealth

ActOn Wealth 🏆 2024

5.0  (167) Summary
Sue M
Sue MVIC3 posts
 
Future Assist Group of Companies

Future Assist Group of Companies 🏆 2024

4.7  (816) Summary
Phillip D.
Phillip D.WA
  Verified
Long term customerI have been using futureassist for advice for over 10 years now and always found them to be professional and details orientated. They have helped me grow my portfolio and adapt strategies with changing life priorities while always considering my risk profile. Show reply
Veye

Veye

4.6  (101) Summary
Neville F.
Neville F.NSW
 
Thanks for the adviceHi Marcus and Ricky have been both proffessional and helpfull in their regular communications with me Their advice has resulted in some good financial gains for me NF
Xero

Xero

3.8  (935) Summary
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Aaron D.
Aaron D.VIC
 
Kyra Finance

Kyra Finance

4.8  (18) Summary
Anna O.
Anna O.
 
Great mortgage broker/ financial advisorWe dealt with Vikas many times now and every time he provided us with very sound advice and 5 star service.
Apex Financial Planning

Apex Financial Planning

4.1  (22) Summary
Nicole Wilcox
Nicole Wilcox4 posts
 
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
MadisonVIC
 
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!
Clear Sky Financial

Clear Sky Financial

5.0  (10) Summary
Charlotte
Charlotte
 
Helpful and attentive service!Great service! Felt incredibly taken care of from Gina and her team of professionals. Would highly recommend Clear Sky Financial. Show reply
Invest Blue

Invest Blue

4.4  (13) Summary
Gary A
Gary ANSW16 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   
More

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

Dilleen Property

Dilleen Property

3.8  (19) Summary
Kathleen Q.
Kathleen Q.
 
RateOne

RateOne

5.0  (8) Summary
Jenny T
Jenny TVIC2 posts
 
Empire Financial Group

Empire Financial Group

4.5  (8) Summary
Kaye and David
Kaye and DavidWA
 
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.
Anita Rooney
Anita RooneyQLD2 posts
 
Summit Wealth Services

Summit Wealth Services

3.2  (12) Summary
Jean Walker
Jean Walker4 posts
 
Intelligent Investor

Intelligent Investor

3.1  (10) Summary
Sasha
SashaNSW6 posts
 
Ventas Capital

Ventas Capital

4.2  (5) Summary
Stuart D.
Stuart D.WA
 
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!

 Show details

Vanguard Investments

Vanguard Investments

2.1  (24) Summary
Daniel
DanielVIC11 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
Lime Financial Services

Lime Financial Services

5.0  (3) Summary
Geraldine
Geraldine 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
jeffMelbourne25 posts
  Verified
Knowledge Source

Knowledge Source

2.0  (10) Summary
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Steve B
Steve BVIC
 
Scam Scam Scam!If you deal with these people you are crazy. Absolutely rubbish. Think about it if it was that easy you would own the world’s wealth in a year with leverage. No mention of volatility. Most important thing to know when trading options. RUN away and report this to ASIC. There as dumb as these people if they can’t see it’s a massive scam!
Tupicoffs

Tupicoffs

5.0  (2) Summary
Mark & Mellany M.
Mark & Mellany M.QLD
 
Financial AdviceNeil has been our adviser for the last few years and we feel we've been able to tick off a number of goals as well as confidently prepare for retirement in a few years. We don't know what we don't know....which is why we rely on advice from the professional team at Tupicoffs. Show reply
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.VIC2 posts
 
Link Market Services

Link Market Services

1.1  (140) Summary
A W.
A W.
 
Call just disconnects after recorded message says they're too busy"They are experiencing high call volumes" they tell u to go online and the call is disconnected not even the option of waiting if you need someone. Terrible service.
Perpetual Limited

Perpetual Limited

1.4  (19) Summary
Jean Walker
Jean Walker4 posts
 
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ActOn Wealth

ActOn Wealth 🏆 2024

5.0  (167) 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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