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Should I see a Financial Advisor?


Money worries. Everyone has them in some shape or form at different times in their lives, and according to the Australian Government online resource, Health Direct, “money worries are one of the main sources of stress in Australia, and can lead to relationship problems, depression or anxiety”.


As industry experts, we know that in many instances seeking professional financial advice from a trusted financial advisor can lower levels of financial stress. Decreasing your worry about the future.


We’re also aware that there are many people in the community wondering, ‘what does a financial advisor actually do?’ How do I know if I should see one, and if it will be ‘worth’ the investment?


That’s why the team at Hub Advisory Group has put together a few easy-to-follow details on how you might value from making an appointment with a financial advisor and what to expect.


Financial advisors are qualified professionals that specialise in understanding your personal needs and values, with the ability to then apply these to constructing a personalised financial plan for your future.


The most important part of this process is the discovery discussion which identifies your values and needs. In addition to this, your financial advisor will also require detailed and accurate information from you to ensure that they understand your needs and are providing the best advice possible. This information will include:


PERSONAL SITUATION & ASSETS

INCOME (including salary, any investments and government benefits) DEBT (including mortgages, any loans or credit cards)


They may also require details of your insurance policies, estate plans and information from your accountant.


And how we can help.


At Hub Advisory Group our advice and financial planning is tailored to the individual needs of our client’s needs, and some of the areas that a financial advisor can assist are listed below:


SETTING & ACHIEVING FINANCIAL GOALS

MANAGING DEBT & CASH FLOW

INVESTMENT ADVICE

SUPERANNUATION ADVICE


A recent Fidelity International and Core Data survey of 2,228 Australians found that 67% of respondents say they worry about money at least monthly, with 52% saying financial issues have affected their mental health.

Of those surveyed that had received professional financial advice, the research found that almost 89% of respondents believe it has given them greater peace of mind financially, and 86% of those receiving advice believe it has given them greater control over their financial situation.


During times of change and uncertainty, many clients find great value in seeking the services of a financial advisor. So, if you’d like to find out more about the role of a financial advisor and how they can help you lower your financial stress don’t hesitate to contact Hub Advisory Group on 4926 8000 or email contactus@hubadvisorygroup.com.au for an appointment.

Sources: https://www.healthdirect.gov.au/financial-stress#:~:text=How%20can%20financial%20stress%20impact,relationship%20problems%2C%20depression%20or%20anxiety


https://www.fidelity.com.au/insights/investment-articles/the-value-of-advice/


Disclaimer: The information provided in this presentation is of a general nature only. It does not take your specific needs or circumstances into consideration. You should look at your own personal situation and requirements before making any financial decisions.

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