When you’re looking to build your own financial empire, it may pay to get the right advice.
Financial advisers may be able to help you understand your finances and get you started on your wealth journey, or they may help to enhance the wealth journey you’ve already started and assist you with turning your seeds of investment into a thick forest of returns, metaphorically speaking of course.
Even the savviest of DIY investors could use a little guidance.
A good time to use a financial adviser
Let’s say you’re planning to expand your investment portfolio, or thinking about taking greater risk. That’s probably a good time to seek some advice.
But seriously, when it comes to big investment decisions, there’s no better time than the present to talk to a professional. Financial advisers may provide strategic options for making those big decisions based on your individual financial personality.
Diving into the deep end of the investments pool
You might already have your toes dipped in the investments pool, but a great financial adviser may be able to help you dive deeper.
That’s because financial advisers should be on top of the latest legislation that might affect your assets.
This means they could help you get the most out of what you currently have in your portfolio and help define opportunities to explore for your unique situation and goals.
Financial advisers may be able to help you get the most out of your current investments, including but not limited to:
- Fixed Interest investments
- Property assets
In fact, not just anyone can be a financial adviser – they must hold accreditations and should be listed on the Australian Securities and Investment Commission’s (ASIC) financial advisers register. This can be reassuring in getting peace of mind when it comes to taking your next step in investing.
Growing your portfolio
It’s important to know that financial advisers are not in the get-rich-quick business of telling you how to double your money overnight.
You know the saying ‘don’t put all your eggs in one basket?’
Well, what a great financial adviser will do is take the time to understand what baskets your eggs might currently be sitting in, and help you identify other baskets to consider.
If you do decide to seek some advice, you can explore matters such as:
- where to invest
- opportunities in the current market
- research into fund managers – their insights, reports and recommendations
- protecting the wealth you've already accumulated
- alternative strategies and much more
It’s fair to say there’s a lot to consider when it comes to your next investments, so talking to a professional might help.
If you have a combined household income of more than $250,000, or savings and investments of more than $500,000 (excluding your family home) our ANZ Financial Advisers are available when you’re ready to reach out and talk money.
Book an appointment with an ANZ Financial Adviser