BiG Tips: Finding the best experts to get your money sorted, like financial advisers or accountants, means looking at their independence, fees and commission. Be sure that you’re getting independent advice and that their fees are reasonable, based on the returns they claim they can achieve. Cheapest doesn’t mean the best. Commissions they receive should become more transparent and more closely regulated after the Financial Services Royal Commission recommendations.
Comparison sites and testimonials can help, but beware of them.
These articles and sites will help you choose and compare financial advisers:
InvestSmart including Eureka Report and Business Spectator is a paid service and free “Insights” with highly respected Alan Kohler (the finance bloke on the ABC with the charts and the fab sense of humour!) and others. Grab a free 14 day trial of their broader services to see if they suit you.
Adviser Ratings (AR) “Australia’s first transparent and independent service to help you find, rate and review qualified financial advisers.”
CPAAustralia (CPA) “Find a CPA (certified practising accountant) or financial planner”
Financial Advice Association of Australia (FAAA) – Find a financial planner