What does a Financial Adviser do?

02 Aug, 2020

Have you ever wondered what a Financial Adviser does?

There is so much noise in the media about the financial planning industry and not much of it is positive. If you have never had the opportunity to meet with a financial adviser, you are probably wondering why you should bother. What on earth can they do for you that you can’t do yourself?

If you want or need to buy life insurance why not go direct to a life insurance company or buy it directly from a website? If you want to buy a property, why not go to the bank and organise a mortgage and go to a real estate agent to find a property? If you want to invest in shares there are many platforms and share brokers that you can go to and as far as super goes well who knows what you should be doing with that!!!!

So why bother with a financial adviser?

Well here is why you should bother.

They get to know you like no one else gets to know you. They listen to you. They take time to understand you, your dreams and your desires, the things that are important to you – your family, your health and your money. They get to know your concerns and fears. And when they know everything about you they stand in your shoes with all their knowledge, education and experience and work with you to structure your plan so that you can achieve the things that are important to you.

They coach you, mentor you and advocate for you like no one else so that you can do what you do best.

A financial adviser is the nerve centre for all your financial needs.

They take you from where you are now to where you want to be, and they make sure that you keep you on track.

They educate you and keep you informed about what you need to know and why you need to know it so that you can make decisions that are relevant to you.

They are there when you need them most, when you need to make changes and they hold your hand in times of crisis and hold you accountable so that you can achieve your financial goals and live your best life.

And when you achieve your financial goals, they are there in the background silently celebrating your achievements and successes.

One of the greatest values of mentors is the ability to see ahead what others cannot see and to help them navigate a course to their destination.

John C. Maxwell