Frequently Asked Questions
Why do I need a financial planner?
If you could achieve your financial goals by simply putting money away in the bank, you wouldn’t need a financial plan. Unfortunately, life is a little more complex – it’s hard to understand the intricacies of investment, taxation and ever-changing regulations, so you need professional help.
Yet many of us resist seeking advice, as if our financial future weren’t just as important as our health or our children’s education. We often decide to manage our financial affairs ourselves, or leave it to someone we know, perhaps an accountant or a solicitor, which is a bit like buying vegetables at the butchers. Financial planning is a specialist profession and you should make sure that you’re getting advice from a properly qualified person.
A financial planner will help you reach your goals; even if retirement may seem a lifetime away, the sooner you start planning the more likelihood you’ll have to achieve financial independence and peace of mind.
Who can I trust?
Not all financial planners are the same. By looking for a financial planner that is a member of either the Financial Planning Association of Australia (FPA) or Association of Financial Advisers (AFA), you can rest assured that they are highly qualified, experienced and will do the right thing by you.
Members of the FPA and AFA can be distinguished from other financial planners because they:
- have a duty to put your interests first
- adhere to a strict Code of Professional Practice and Code of Ethics
- are accountable to Australia’s leading professional associates
- complete training every year to keep their knowledge and skills up to date
- are obligated to explain and document their fees and charges to you in a clear and transparent way.
A sure sign of a good financial planner is that they don’t rush you, carefully listen to you and clearly explain where they can add value, and where they can’t. Here are some that you should consider:
- What experience do they have? Is the Financial Planner licensed?
- What do they specialise in?
- Are they a member of the Financial Planning Associated (FPA) or Association of Financial Advisers (AFA)?
- How do they charge for their services?
What type of finance solutions do you offer?
AH Financial Services offer a wide range of lending and leasing solutions including:Superannuation and Pensions
What do financial planners do?
A financial planner helps you to define and understand your financial goals, and at AH Financial Services, we can help you develop a financial plan whether your goals are short term or long term.
AH Financial Services will ask you questions so you can outline what matters most in your life. Our advisers will seek to understand your financial priorities as each financial plan is different, which is why we plan for the person you are and what you want to achieve!
AH Financial Services will explore your financial options as your expert financial partner rather than a fixed solution, and AHFS will work with you to implement your financial decisions based on our industry experience, and we will review them over time, as your circumstances change.
- What are your business hours?
How much will a financial plan cost?
We do not charge for our first meeting as it's a chance for us to learn about each other. It’s where we explore if we can assist you and discuss ways that we can work together. We allow you the opportunity to think about our meeting and if you’re happy to set up a second appointment.
At our second meeting, we will go into more depth and discuss specific areas of advice and give you an idea of the how much our advice will cost. This is completed on an individual basis as everyone’s circumstances differ and will require different levels of work.
We are a Fee for Service practice, so you will know the exact cost before proceeding with any advice.
The payment of our services is usually paid from your super or investment unless you request otherwise. This payment method allows our clients an opportunity that may often be out of reach. Payment is not requested until we complete your financial plan and is outlined in an agreement between us both.
AH Financial Services helps individuals and businesses achieve financial freedom, financial security, and peace of mind, by finding the right financial solution to suit you. To achieve your financial goals call us on (02) 8004-8699 or Email Us to set up an appointment.