Choosing the best financial advisers must a wise decision in order to meet your needs about your financial concern. You can find local advisers and check if the financial advisers are registered. The registered people who provide personal advice on investments, life insurance, and superannuation. You must check also if the adviser’s qualification and experience and adviser’s fees.
It is necessary to check the adviser’s history, qualifications and if the licensed provide the type of advice you want. Only deal with license adviser to any illegal acts. To choosing a financial adviser Australia • the adviser's qualifications, employment history, and experience • What product areas the adviser can provide advice about, you must check if the service you demand is provided. • The adviser must be a member of any industry associations or professional bodies that are relevant to providing financial services • The adviser has been the subject of disciplinary action by ASIC • The Australian financial services (AFS) license holder name and number who employs or authorizes the financial adviser to provide advice • Description of who owns or controls the license holder must be in detailed. Check if the adviser’s qualifications and experience Qualification The financial adviser provides minimum training requirements to increase your chances of getting advice. Look for an adviser with an advanced diploma or degree qualification in a relevant discipline such as economics, finance, financial planning, or accounting. Experience They are experienced in dealing with people who have similar issues and goals. For instance, the adviser’s other clients planning for retirement. The adviser experience must relevant. Financial products Avoid some advisers who only sell one investment product. Ongoing professional development It is necessary for an adviser to keep up with regulatory changes or industry. The adviser should participate in regular training activities such as seminars run by professional bodies, universities, industry associations, or registered training organization. |