Financial planning may seem complex. There are so many moving parts to consider. But what if you could have many of your financial needs coordinated under one roof? FAA’s 33 years of experience is reflected in the trust placed in us by more than a thousand clients. We are proud to support clients in working towards their financial objectives. Explore how FAA’s approach may support your objectives.
- Working with different advisers can cause several issues.
- FAA may provide a complete financial service with one adviser.
- Our comprehensive services have a local focus.
- Investment management is based on certain fundamental principles.
- Tax-effective planning may help investors.
- Our track record is supported by client outcomes.
- There are a number of steps to our wealth management process.
- Get started with an experienced financial adviser Sunshine Coast.
Why Choose a Financial Adviser on the Sunshine Coast?
There are many different facets to an individual’s overall financial strategy. You have to consider:
- Superannuation.
- Tax.
- Investments.
- Income protection.
- Personal insurance.
- Salary packaging.
Approaching a separate financial adviser Sunshine Coast for professional advice on each of these areas separately can cause many issues, such as:
Comprehensive Wealth Management Services
- Time-consuming. Having to organise multiple advisers takes time and increases the chances of miscommunication. You could be spending that time focused on work, or family and friends.
- Conflicting advice. If your advisers aren’t part of a unified team, they could pursue conflicting strategies based on different risk tolerances and philosophies.
- Higher costs. Each adviser will levy their own annual fees and administration costs. You may also inadvertently pay twice for the same service, such as access to an investment platform.
Coordinating your financial planning with a single adviser may help streamline your strategy and reduce administrative complexity.
Working with a single financial planner who has a complete picture of your circumstances may provide a more consistent strategy. It also reduces administrative expenses and saves time you would otherwise spend coordinating with different experts.
The FAA team has a broad knowledge base that works together cohesively for your retirement planning. Speak with one of our experienced Sunshine Coast financial advisers to discuss your financial situation and explore strategies that may support your retirement planning.
Meet Your Sunshine Coast Advisory Team
The FAA team has supported clients with their financial planning needs for over 33 years. Over that time, we’ve developed a holistic approach to financial planning. We work with our clients to fully understand their financial position. We provide financial advice through our authorised representatives of Lifespan Financial Planning Pty Ltd (AFSL 229892) to address clients’ long-term needs.
Our locally-focused insight benefits clients in various ways, including:
- Local economic trends. What is the local economic environment? Employment trends and infrastructure programs can help inform investment strategies.
- Property market insights. A local adviser can provide insights into property market trends and factors such as rental yields, which may inform your decision-making.
- Personalised relationship. FAA has developed long-term relationships with clients. This is a major advantage, as it allows us to keep your objectives aligned with market changes.
- Established networks. We’ve built a network of relationships with other local professionals. We can work closely with local lenders and legal experts to support your financial security.
- Local regulations. State and council regulations can affect investment advice. Tracking available incentives and changes in the regulatory landscape helps us spot potential risks and opportunities.
Complete Wealth Management Services from Sunshine Coast Advisers
Retirement planning
Alternatively, you can set up a self-managed super fund (SMSF). With an SMSF, you become the trustee and are responsible for compliance and management. You should be prepared to be more involved in the fund’s management. But the increased investment options may offer potential benefits, though there are many risks. An SMSF’s potential isn’t guaranteed. Seek a qualified professional service before making any financial decisions. FAA’s SMSF administration services may help with fund compliance and implement strategies.
This information is general only and does not consider your personal objectives, financial situation, or needs. You should seek advice from a licensed financial adviser before making decisions. Past performance is not an indication of future returns.
Investment management
The fundamentals of investment portfolio construction begin with certain essential considerations:
- Investment goals. Your objectives can cover various investment horizons. You may be looking to buy a property in the near term while considering options for your retirement. Each life stage has its own requirements.
- Timeframe. Your investment timeframe will influence what options will serve your best interests. For example, term deposits with major banks, listed securities, managed funds, investment properties, and other financial products may fit in at different time horizons.
- Risk profile. Experienced Sunshine Coast financial advisers make sure to understand the amount of risk you’re willing to tolerate. This is crucial to tailoring financial advice appropriately. Risk tolerance may be linked to your timeframe and other aspects of your financial situation.
Tax efficiency is an important consideration in financial planning
Our authorised representatives can discuss strategies that may be suitable for your circumstances. Experienced financial planners understand the value of tax efficiency when providing advice. This may be especially useful in SMSF administration and investment property management.
SMSF administration
SMSFs may provide tax concessions if the fund meets strict eligibility requirements and remains compliant with superannuation and taxation laws. SMSFs that comply with tax legislation may have a 15% rate placed on the fund’s income. A capital gains tax (CGT) discount may apply to assets held for more than 12 months. Seek advice from a licensed Sunshine Coast financial adviser who understands your individual circumstances and tax obligations.
Investment properties
If your rental income is less than the property’s deductible expenses, the property may be negatively geared. Negative gearing may allow a property owner to offset income with losses from the property, subject to tax law. There are risks associated with this strategy, and it may not be suitable for everyone.
Disclaimer: Tax concessions depend on your individual circumstances. Seek advice from a licensed financial adviser to assess your eligibility under superannuation and tax law.
Client experiences with FAA advisers
Disclaimer: Testimonials reflect individual experiences and may not be representative. Outcomes will vary. No guarantee of specific results is provided.
I have met Dean Benefell through my workplace and he has supported me with information on salary packaging, first home loan options, and property search. The team provided prompt follow-up and clear information at every step. Natasha, who dealt with my salary packaging application and novated lease, was extremely patient and cleared my doubts promptly to make me understand the system in Australia as i am new to the country. Best service provided by her.
- Sreekanth
I was quite impressed with the information they provided and the speed in which the whole process took. I was given very accurate information about options open to me and all my enquiries were answered promptly and professionally. I would highly recommend FAA and would use them again without hesitation.
- Peter
Credit assistance is provided by FAA Group under its Australian Credit Licence. Financial advice is provided by authorised representatives of Lifespan Financial Planning Pty Ltd (AFSL 229892).
FAA's Complete Wealth Management Process
Step one: Understand your circumstances and life stage
The first step to helping clients is to thoroughly understand their financial position. We need to be clear on your goals and what you need from us.
Step two: Develop a tailored strategy
Our financial experts develop a tailored financial strategy for tax-effective wealth management. The strategy reflects your investment timeline and objectives.
Step three: Implement your strategy with our advisers
Implementing a financial strategy involves coordinating decisions. Rolling over superannuation, selecting investment properties, and building investment portfolios may be part of the process.
Step four: Ongoing review and support
Financial strategies need constant reviews to ensure they remain in line with your goals. Reviews may identify new investment opportunities or necessary adjustments.
Get started with your Sunshine Coast financial adviser
Over 33 years, we’ve worked with over 1200 Sunshine Coast clients. Offering a wide range of financial services under one roof allows us to support clients with genuine care.
So, where do you begin? A great place to start is getting a free initial financial assessment from one of our expert advisers. Through a no-obligation consultation, we can meet face-to-face to discuss your goals. This information can help you make an informed decision about the course forward. Personal financial advice is only provided by authorised representatives of Lifespan Financial Planning Pty Ltd (AFSL 229892). Credit assistance is provided by FAA Group under its Australian Credit Licence.
Conclusion
How can you manage your finances effectively? The right financial service should have in-depth local knowledge and a dedication to a client’s entire financial journey. Having many services available under one roof helps an adviser to provide comprehensive support.
Frequently Asked Questions – Financial Advice Sunshine Coast
This information is general in nature and does not constitute personal financial, tax, or credit advice. Please seek advice from a licensed financial adviser who understands your individual circumstances.
What does a financial adviser on the Sunshine Coast do?
A financial adviser on the Sunshine Coast helps individuals and families manage their finances, plan for retirement, invest wisely, and protect their wealth. Services typically include superannuation advice, SMSF management, investment strategies, insurance planning, and guidance on property investment. FAA’s advisers provide tailored advice to suit the unique needs of Sunshine Coast residents.
How do I choose the right financial adviser in the Sunshine Coast region?
Look for a licensed financial adviser with proven local experience, strong client testimonials, and transparent fee structures. It’s important to check their credentials (such as ASIC registration and AFSL number) and ensure they offer advice aligned with your financial goals. FAA’s team has over 33 years of experience supporting Sunshine Coast clients.
What is the difference between a financial adviser and a financial planner?
The terms are often used interchangeably. Both financial advisers and financial planners provide advice on investments, superannuation, insurance, and retirement planning. The key is to choose a professional who is licensed and understands the local Sunshine Coast market.
Why is local knowledge important when choosing a financial adviser on the Sunshine Coast?
Local advisers understand regional economic trends, property markets, and state-specific regulations. This insight helps tailor financial strategies that account for local opportunities and risks, providing more relevant and practical financial advice.
How much does it cost to see a financial adviser on the Sunshine Coast?
Costs vary depending on the complexity of your needs and the services provided. FAA offers a free initial assessment so you can understand your options without obligation. Ongoing fees are transparent and discussed upfront before any advice is provided.
Speak with our team to discuss your financial situation.
Our authorised representatives can help you explore your options and support you in making informed decisions.
FAA Group – Sunshine Coast Office
Suite 3-7, Level 5, Tower 2, 55 Plaza Parade, Maroochydore QLD 4558
Phone: 1300 49 11 41
Email: enquiry@faa.net.au
