A Sydney financial adviser can help anyone

Many people believe that financial advisers are only for the rich and wealthy to help them maintain and increase their wealth. However, this is false. Think of a financial adviser as a coach for your money. A good, trusted financial adviser will spend time considering your present circumstances and your future goals, both short and long term, and develop strategies to help you achieve those goals.

The first meeting with your Sydney financial adviser

When you first meet with a local financial adviser, they will spend a little time talking to you about your finances and your goals. In fact, the first meeting should focus on getting to know each other and ensuring that you will be able to work together comfortably.

Your Sydney financial adviser must take your needs into consideration

Once the initial meeting is over, your Sydney financial adviser should use the information you have given him to begin thinking about the seven core strategies involved in creating and maintaining wealth. These strategies include:

Budgeting
Managing debt
Investing
Managing tax
Superannuation
Protection
Social security

Your Sydney financial adviser will format a plan

The next thing a financial adviser should do is put together a financial plan that documents your short and long-term goals and provides recommendations on how to achieve them. These recommendations may include a mixture of financial strategies and products that you adviser feels will help you reach your goals.

Schedule regular meetings with your Sydney financial adviser

Once you and your financial adviser have agreed on a plan, it is important to schedule regular meetings to review it and ensure it is still working for you. Typically, an annual review is enough, but you should be able to call and make an appointment with your adviser any time you feel you need to.

Find a local financial adviser in Sydney right here

If you are looking for a reliable financial adviser in Sydney you can also try one from our Tradebusters Connect Top 3 Local Choice directory. The details of highly recommended local financial adviser in Sydney are listed here and you can contact them directly today.