How To Choose A Financial Planner

A financial planner is a professional who advises clients on how to manage their money and plan to achieve their financial investments. Majority of people are not aware about the importance of financial planners and the method of choosing them. This makes them vulnerable to devious planners, who sell investment products to receive commissions from companies, without any consideration for the client choices and requirements.

If you are looking for a financial planner in Australia and do not have idea about how to choose one, here are some quick tips to help you in the process.


Check the qualifications of the financial planner. Choose a well-qualified and certified planner, who is affiliated with reputed organizations. Though degrees are not a mark of expertise, choosing a certified planner ensures that your finances are in the hands of a knowledgeable person.


Do a quick search about the reputation of the financial planner. You can speak to his/her previous clients to know about the quality of services offered by the advisor. You can get links to past and existing clients through the website of the planner or ask his office to provide some references.

Investment strategy

The financial planner in Australia should devise a personalised strategy for his clients. He should never push the clients in choosing certain investments. The choice of products should be left to the clients. Stay away from financial planners who pressure clients into buying investment products and insurance without offering any choice.


The financial planner should have a multi-faceted approach to managing the finances of his clients. He should carefully select the investments after discussing the financial goals, risk aptitude, tax implications and requirements of the client.


The financial planner should have independent functioning. Do not opt for planners who work for financial services companies as they have vested interests in selling the products of the company. An independent financial planner in Australia will work with the objective of benefiting his clients.


The financial planner in Australia should have adequate research and support facilities. He should have access to modern technologies and tools that help him to identify the best performing investments that suit the client requirements.