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About Financial Planning

Financial planning includes setting financial goals, savings and investments, managing debt, budgeting, tax planning and guarding against risks – issues that are central to everyone’s financial well being.  

Financial planning is a two-way process that takes six steps to complete - The Financial Planning Process

Why you need an Adviser

Only an Adviser can really advise on a person’s overall financial needs and help play a part towards reaching financial freedom. Our well trained and qualified Advisers are dedicated to providing high quality service that delivers strategic advice and innovative solutions to help investors make the most of their money in a range of areas, but most importantly those of: 

  • Investment and retirement planning
  • Superannuation strategies
  • Redundancy advice
  • Wealth creation
  • Personal insurance and risk management
  • Self Managed Superannuation Funds
  • Estate and succession planning
  • Corporate Superannuation  

Seeking professional financial advice from an Adviser can also:

  • Provide direction and meaning to your financial decisions. 
  • Help you to understand how each decision you make affects other areas of your finances. For example, buying a particular investment product might help pay off your mortgage faster. 
  • Help you make the most of your money, responding to different stages in your life, health issues or changes in family circumstances.

To get the most out of your money there is a lot to consider and understand. An Adviser has the skills and training to guide you in the right direction.

Some common questions and misconceptions about financial planning

Do investors need to have a lot of money to visit an Adviser ?

You don’t have to have hundreds of thousands of dollars to warrant visiting an Adviser . Everyone has financial matters to think about - a mortgage and superannuation are just two things of those things. You can play an active role in managing your finances with the help of an Adviser .

Can an accountant help me?

To provide 'financial services', an Accountant needs to obtain an Australian Financial Services Licence (AFSL) or become an authorised representative of an AFSL holder.

'Financial Services' are defined very broadly and include providing financial product advice and dealing, or arranging to deal, in financial products. So, unless they are covered by an AFSL, an accountant cannot offer investment advice or recommend specific financial products.

This information has been prepared with the assistance of the Financial Planning Association of Australia (FPA). Hillross is a Principal Member of the FPA.