What services do financial planners provide?

Financial Planning is about wealth management and guiding you on the path to achieving your financial goals. When financial planning is explored holistically, it should include:

• Accumulating wealth: This includes goal-based financial objectives, setting aside reserves for known future events, saving for your child’s education, creating a roadmap to your retirement).
• Asset protection: This covers investment structuring advice, income protection, life insurance and other personal insurances to protect you and your loved ones.
• Investment advice & management: This includes product selection & acquisition; strategic initial and regular investment advice to achieve your financial objectives, which could include retirement, your child’s education or otherwise. This includes asset allocation advice, as well as specific recommendations regarding which companies, sectors and holdings to invest in.
• Debt strategies: This includes debt facilitation, debt reduction and tax effective debt management.
• Superannuation: An important element including selecting the right superannuation vehicle for you, consolidation of multiple accounts, insurance portability as well as all investment considerations and recommendations.
• Investor risk profiling: Risk management is an important step in financial planning and includes regular reviews of investment risks, adjustment of portfolio asset allocations where required and rationalisation of future goals.
• Retirement planning: An important goal for many involving time-focused financial strategies, pre-retirement pension plans, pre-superannuation release income streams and retirement goal setting.
• Asset allocation and diversification strategies: At Ally we don’t believe in only investing in shares or property and as such will consider your specific personal financial goals and objectives, timeframes, investor risk profiles and asset protection elements. Once confirmed, investment products can be recommended ensuring that they are the right fit for you to provide you with the peace of mind that you’re on track to achieving your financial goals.
• Estate planning: It’s important to remember that even we are mortal; and as such we will be able to bring knowledge and experience to the process of ensuring that you have the appropriate documentation and instructions in place to ensure that your assets can be distributed based on your wishes.

Our team at Ally Wealth Management provides unique services for both Australian expats and Australian residents, which you can read more about at the links below:

Australian Expat Services

Australian Resident Services