Financial Planning FAQs – Frequently Asked Questions

Why should I engage the services of a financial adviser?

Too many people find that when they reach retirement age they don’t have enough funds to enable them to live the rest of their life in the style they dreamed of. This is the reality facing many of those who have no coherent financial plan and goals to adhere to.

A financial adviser helps you set a roadmap for where you want to go, and finds the best way to get there. This includes advising you on a range of financial matters – helping to build, manage and protect your wealth.

Our adviser, Rob Wynan, combines his broad technical expertise with integrity, patience and a genuine interest in understanding your circumstances and needs to help you build a bright, secure financial future and achieve your financial goals to ensure that your retirement is how you dreamt it would be.

Does Focused Financial Advice have any ties to financial institutions?

Many financial advisory practices are tied to financial institutions (such as, banks) meaning they will often sell their own products rather than the product suited to you.

As we are independently owned and not affiliated with any financial institution, our relationship is with you, and our financial advice and services are tailored to your financial needs. We utilise a broad spectrum of investment vehicles and products to work towards your goals without any commercial bias.

What kind of qualifications can I expect my financial adviser to have?

Unfortunately, it is possible to operate as a qualified financial adviser with minimal qualifications, with some operating with very basic training only.

Rob, on the other hand, has a broad range of qualifications. He is a fully qualified Accountant, Financial Adviser and Credit Adviser. He has over 36 years of experience in accounting, financial analysis and tax, both in public practice and in corporations. As such, his background provides a deep and broad understanding of issues such as tax that are integral to financial planning.

He is a Certified Practicing Accountant (CPA) with CPA Australia; a Certified Financial Planner (CFP); a member of the Financial Planning Association of Australia (FPA); and a Credit Adviser and member with the Mortgage and Finance Association of Australia (MFAA).

Rob has a Bachelor of Business degree (majoring in Accounting and Computing) a Diploma of Financial Planning; and a Diploma of Mortgage Broking. Rob also undertakes rigorous and ongoing professional development to ensure that ‘best-practice’ procedures are utilised.

How much will the first meeting cost me and does it come with any obligations?

Your first meeting is at our expense and obligation free. As the first meeting is about ascertaining your financial goals, any relevant documents that you can provide will allow us to build a greater understanding and chart a course to reach them.

We provide you a comprehensive and independent assessment of your current financial arrangements and work out a plan on how to get to where you want to be.

Got more questions that are not covered in our financial planning FAQs? Feel free to contact Focused Financial Advice for more details about our financial services. You can call us on 02 9003 0611 or send an email inquiry.