Need some recommendations on a financial adviser who is Melbourne based ideally.
If anyone has had any good experiences, could you please share details?
Financial Adviser Melbourne Recommendations
pixpotato on 22/04/2024 - 19:17
Comments
- Need some advice on parents pension
- Advice on how to tackle offset vs investing
as in age pension or super / pension?
You wanna go to one which rebates back any commissions they might get, back to you. For example, if they recommend any type of insurance they will get some sort of commission, but some firms will rebate the commission they get back to you so it will be savings to you. If a firm does this, they'll have no reason to recommend you random products (insurance or whatever it might be) as like I said it's not like they will getting any commissions.
Can recommend Hughes Forbes on Albert Road, South Melbourne for exactly that thing. They rebated back commissions on my insurance policy and term deposits they recommended so it was a saving to me. On the plus side they also have accountants which is nice to have all under the one roof.
But definitely call around and try to go to one which rebates commissions they get back to the client.
commissions on investments and super have been banned for over 10 years now.
James Wrigley.
You can check him out on Instagram.
What kind of financial advice you looking for?