Dixon Advisory

I did have an SMSF ''managed" by Dixons for about 5 years but fortunately severed my relationship with them about 16 months ago, closed the SMSF and moved all funds to a better performing industry fund. I found Dixons (now Evans Dixon) to be very helpful in the administrative side of the SMSF but I received poor financial advice on numerous investments including the URF (and related fund raising entities), NEW and some other funds owned and managed by Dixons.

It only became apparent to me after several years with Dixons that the first priorit...Read more

We've had our SMSF with Dixons for over a decade. The SMSF administration team continues to function well, with good advice to clients when there are changes in the superannuation regime, and prompt and helpful responses when we get in touch. But the investment advisory side has failed us.

As Dixons has increasingly become both the investment adviser AND the investment provider, we've been concerned about the obvious potential conflict of interest. We have raised this directly with Dixons, and been assured that they are very conscious of the n...Read more

I decided to set up an SMSF (for my wife and me) in 2007. I was attracted by the advertising that Dixons used to run (and still does) for helping with the administration of an SMSF. They had a cap on fees per year and seemed to be well run. It helped that they had people behind them who were known for their ethical stance and general scepticism towards the high fee parts of the finance industry. They set up the trust deed and necessary paperwork. They set up the bank account and while they would have preferred that we use their own broker, they...Read more

I joined Dixons in 2012 and they were OK but their advice deteriorated. I was advised to over invest in URF and NEW. I have lost over $150,000 through Dixons bad advice and I have been trapped into investing too much in Cordish Dixon IV and can't get out with forfeiting my initial investment and paying all sorts of penalties. All the while they have been creaming off large fees for themselves. I put the off market investments, CDIV & Fort St up up for sale months ago but there are no buyers Dixons stacked my portfolio with their own produc...Read more

We have been with Dixon Advisory since 2012. Throughout that time they have provided an excellent service which is personal and tailored to our needs. They keep us well informed of the wider financial and economic scene which at times can be bewildering to us ordinary folk. We appreciate the strategic approach taken in managing our financial future and the attention taken in meeting our current requirements & needs.

They have always given us 2 staff members as our personal contacts. While this team has changed over time it has always maint...Read more

The two trustees of this SMSF are retiring this and next financial years and we needed a thorough review of the 10 year old SMSF because of our due retirements, our fund dependence on Australian listed shares with franking credits were another big concern for us with the looming Labor proposals and we were looking for opportunities available to us to benefit and correct our situation. We used E-Superfund for the last 10 years for our SMSF administration, we don't have any complaints with them but they clearly advice clients to get financial adv...Read more

We have been clients of Dixon Advisory since 2012 when we established our SMSF. Since then we have been very satisfied with our choice of Dixon and the high standard of service provided by their staff. We appreciate the independence of the advice offered, and the high level of competence provided by all of the staff with whom we have dealt. The assistance provided has been excellent and rewarding by staff capable, knowledgeable, experienced and proficient. Although the service is not cheap, in our opinion it represents value for the broad spe...Read more

The Hayne Royal Commission outed the high flyers like AMP and the big banks. left hidden in the weeds is Evans Dixon and others.

I was with Dixon Advisory after taking over my deceased parents SMSF managed by Dixons (only 3 years thankfully). Whilst I thought at the time they did a good job- Post GFC everyone did well as markets rebounded. This hid their conflicted vertically integrated model. (See Hayne's opinions on AMPs vertical integration)

I transferred part of my deceased parents URF holdings to my personal name and soon after sold out,...Read more

I was a client of Dixon Advisory for 10 years and have consistently lost my capital on the recommendations from Dixon advisors and their broker RBS Morgans of Hervey Bay (Macquarie Fortress Notes, URF and Solar Energy). My advisor (name deleted) said he had invested in URF because of the yield and I should do the same. However, the high fees that Dixon take from this product erode its value. The dividends are being paid from capital raisings as new shares are issued. I am glad I have now left Dixon as I would have lost 50% of my investment ca...Read more

Our SMSF was first set up in 1996. After 2007, with little background, I have relied heavily on Dixon Advisory to help me navigate and better understand the many complexities involved in managing my retirement finances. From the heady years of 25%, the gloom of the GFC to the current doldrums, the changing teams have worked tirelessly to meet my needs by keeping up with national and global trends. The organisation has seen considerable growth and employs personable, energetic, versatile and dedicated young advisers in whom I put significant tr...Read more