Some of the tangible benefits of working with a financial adviser are well known, including access to structured investing, optimisation of tax and a defined pathway to achieving your goals. However, others are less obvious and intangible benefits that are often overlooked – even though they can truly change your financial life and personal wellbeing for the better. Please read on to discover some of these forgotten benefits.
Peace of mind
Successfully navigating the complexities within your family’s personal and financial lives can be a stressful and overwhelming ordeal. With economic uncertainty a reality that often leads to fluctuations in investment markets, partnering with a trusted advisers will provide you with an objective ‘sounding board’ for peace of mind. Ultimately, your family will benefit from a sense of security and reduced levels of anxiety with the knowledge that there is someone to turn to in tough times.
Confident decision making
A strong and well-formed client/adviser relationship can provide you with confidence on the many major life decisions that await and ultimately increase the likelihood of you achieving the best possible financial future. Beyond having more money, you will feel well informed and empowered to make the right decision – advisers are in part a life coach that provide you with self-assurance on your unique financial life journey.
Accountability and staying on track
Being held to account is crucial when it comes to achieving your desired goals and lifestyle. Persistence and encouragement is a powerful tool at your disposal when you have a relationship with the right financial adviser, who will also share in your successes over time. Benchmarking your progress with your original financial plan is just one of the many ways an adviser can keep you on track and help you to make the most of opportunities, which are often muddled with shorter term distractions and considerations.
Trust and dependability
Having a reliable, trustworthy and independent financial adviser in your corner is crucial. They will unwaveringly work in your best interest, providing the perfect foundation for your future success. Trust encourages open communication and support that will help you secure your financial future.
To summarise, although returns and the bottom line are important, some of the less obvious advantages – peace of mind, increased confidence, accountability, and trust – of partnering with a financial adviser are equally impactful. If you’re looking for a financial adviser you can trust, please reach out to a member of our team.
Sean Hocking works with successful individuals and families across Perth and Australia-wide to provide peace of mind and clarity around their financial future. Having a roadmap in place, which clearly articulates what’s important to them in the years to follow, gives his clients the confidence to make clear and informed decisions throughout their financial life journey.