“I already have a stockbroker; do I also need a financial planner?”

Stockbrokers generally specialise in providing investment advice – for example, they might provide you with advice on an appropriate share portfolio, or upcoming capital raisings, or speculative investment opportunities.  A financial planner’s role is to take a holistic approach to your financial position and to develop a plan that aims to achieve your goals.  This will likely incorporate investment advice, and with our financial planners at Ally, we specialise in investment advice and ensure that it is tailored based on your country of residence. Generally speaking, the role of a financial planner is broader than that of a stockbroker.