FINANCIAL PLANNING
A financial planner’s primary role is to assist, protect, implement, manage and review a client’s wealth. This is achieved by gathering the client’s personal information and objectives, analysing it, developing solutions and then presenting the clients with the recommendations.
The adviser is required to obtain what seems like an enormous amount of information, but generally the majority of this information is necessary for the adviser to recommend a suitable plan for the client to see an example of a Fact Find which is used at the first appointment to obtain the necessary information. Once the client is happy and comfortable with the recommended plan, the implementation process begins.
It is then the financial planner’s role to review the client’s portfolio/situation regularly, ensuring that any changes to the client’s risk profile, goals or life changes are taken into consideration.
Our services available under our Financial Planning range are:
Super
At Money Options we understand superannuation and can assist our clients with strategies on how to grow their superannuation and plan ahead, no matter what stage of their working career, whether it be starting out, during, transition to retirement or already in retirement stage. We can assist with many different products/funds and strategies including:
Personal Insurance
Most people don’t think twice about insuring their house, contents and cars, but quite often forget about their most important insurance – your own personal insurance.
At Money Options we offer advice and support in ensuring the needs of our client’s are met, when it comes to their income stability and supporting their family should something unforeseen happen in the family. Personal risk insurance is an important aspect of financial planning, including:
Investment Advice and Wealth Creation
Good investment advice can make a big difference in helping to create wealth for a client, with a Financial Adviser using their research, training and product and company knowledge in helping their client’s meet their goals, objectives and needs in investing. An adviser will collect a client’s information (assets, liabilities, expenses, income, goals and objectives) and work out the most appropriate investment strategy based on the client’s risk profile and financial situation. The adviser will tailor a portfolio for the client recommending a product to suit their individual needs, which could range from Managed Funds, Direct Shares, Term Deposits, Annuities, Margin Lending and more.
Self-managed Super Funds (SMSF)
A Self-managed super fund offers far more flexibility and control over your investment decisions within the superannuation environment to help you achieve your retirement goals. With major technological advancements creating efficiencies the operating costs of running an SMSF has dropped dramatically over the past few years. Money Options have partnered up with one of the leading full service SMSF administrative providers, which enables us to offer us much lower fees than the majority of our competitors on the market without being restricted to certain product providers.
An SMSF is not an appropriate retirement investment vehicle for everyone and a number of issues need to be considered. Whilst the amount of start-up capital is a key consideration we will be able help to determine whether an SMSF is right for you, taking into account desired investments, returns, operating costs and your investing experience.
Estate Planning
At Money Options we can assist with estate planning, whether it be putting plans in place in the event of your death, or whether it be an Executor or beneficiary dealing with an Estate. We have a working relationship with a local Lawyers office who is able to meet with clients in their office not far from ours or even come and meet in our office. This Lawyer is also able to assist with drawing up Wills, Powers of Attorney and Guardianship documents, and is a specialist in Estate Planning.
Worker’s Compensation Payouts
Unfortunately, sometimes people find themselves in a situation on the receiving end of a Worker’s Compensation Payout and it is a requirement that when they are offered a lump sum payout that they need to receive both legal and financial advice before they can accept the payment.
We are able to provide the financial advice in relation to Worker’s Compensation payouts to provide this advice. We also have a referral relationship with a lawyers office close by who we can refer you to for the legal advice in relation to a Workers Compensation Payout.
Centrelink Assistance
Its not easy to understand the ins and outs of Government entitlements when it comes to Age Pensions, Disability Pensions, Service Pensions and Seniors Health Care Cards. We aim to research and understand the information so that we can help, assist and guide you when it comes to dealing with Centrelink (or DVA), acting as an intermediary. It can be very daunting when setting up, knowing what information you need to keep them informed with, maximising your benefits, or just generally corresponding to Centrelink. Depending on our involvement or extent of help in this area, we may charge you a fee for our time, but will disclose this at the time of our appointment.
A guide to our Financial Planning costs and fees can be accessed here.
The adviser is required to obtain what seems like an enormous amount of information, but generally the majority of this information is necessary for the adviser to recommend a suitable plan for the client to see an example of a Fact Find which is used at the first appointment to obtain the necessary information. Once the client is happy and comfortable with the recommended plan, the implementation process begins.
It is then the financial planner’s role to review the client’s portfolio/situation regularly, ensuring that any changes to the client’s risk profile, goals or life changes are taken into consideration.
Our services available under our Financial Planning range are:
Super
At Money Options we understand superannuation and can assist our clients with strategies on how to grow their superannuation and plan ahead, no matter what stage of their working career, whether it be starting out, during, transition to retirement or already in retirement stage. We can assist with many different products/funds and strategies including:
- Retail Super Funds, Corporate Super Funds, Industry Super Funds
- Self-managed Super Funds
- Other Superannuation Platforms (Wraps, etc.)
Personal Insurance
Most people don’t think twice about insuring their house, contents and cars, but quite often forget about their most important insurance – your own personal insurance.
At Money Options we offer advice and support in ensuring the needs of our client’s are met, when it comes to their income stability and supporting their family should something unforeseen happen in the family. Personal risk insurance is an important aspect of financial planning, including:
- Life Insurance (Death)
- Total and Permanent Disability Insurance (TPD)
- Critical Illness Insurance (Trauma)
- Income Protection Insurance
Investment Advice and Wealth Creation
Good investment advice can make a big difference in helping to create wealth for a client, with a Financial Adviser using their research, training and product and company knowledge in helping their client’s meet their goals, objectives and needs in investing. An adviser will collect a client’s information (assets, liabilities, expenses, income, goals and objectives) and work out the most appropriate investment strategy based on the client’s risk profile and financial situation. The adviser will tailor a portfolio for the client recommending a product to suit their individual needs, which could range from Managed Funds, Direct Shares, Term Deposits, Annuities, Margin Lending and more.
Self-managed Super Funds (SMSF)
A Self-managed super fund offers far more flexibility and control over your investment decisions within the superannuation environment to help you achieve your retirement goals. With major technological advancements creating efficiencies the operating costs of running an SMSF has dropped dramatically over the past few years. Money Options have partnered up with one of the leading full service SMSF administrative providers, which enables us to offer us much lower fees than the majority of our competitors on the market without being restricted to certain product providers.
An SMSF is not an appropriate retirement investment vehicle for everyone and a number of issues need to be considered. Whilst the amount of start-up capital is a key consideration we will be able help to determine whether an SMSF is right for you, taking into account desired investments, returns, operating costs and your investing experience.
Estate Planning
At Money Options we can assist with estate planning, whether it be putting plans in place in the event of your death, or whether it be an Executor or beneficiary dealing with an Estate. We have a working relationship with a local Lawyers office who is able to meet with clients in their office not far from ours or even come and meet in our office. This Lawyer is also able to assist with drawing up Wills, Powers of Attorney and Guardianship documents, and is a specialist in Estate Planning.
Worker’s Compensation Payouts
Unfortunately, sometimes people find themselves in a situation on the receiving end of a Worker’s Compensation Payout and it is a requirement that when they are offered a lump sum payout that they need to receive both legal and financial advice before they can accept the payment.
We are able to provide the financial advice in relation to Worker’s Compensation payouts to provide this advice. We also have a referral relationship with a lawyers office close by who we can refer you to for the legal advice in relation to a Workers Compensation Payout.
Centrelink Assistance
Its not easy to understand the ins and outs of Government entitlements when it comes to Age Pensions, Disability Pensions, Service Pensions and Seniors Health Care Cards. We aim to research and understand the information so that we can help, assist and guide you when it comes to dealing with Centrelink (or DVA), acting as an intermediary. It can be very daunting when setting up, knowing what information you need to keep them informed with, maximising your benefits, or just generally corresponding to Centrelink. Depending on our involvement or extent of help in this area, we may charge you a fee for our time, but will disclose this at the time of our appointment.
A guide to our Financial Planning costs and fees can be accessed here.