Tips for Choosing Right Financial Planning Dealer Groups

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Tips for Choosing Right Financial Planning Dealer
Groups
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• Choosing the best financial planner is of crucial
  importance to make sure your wealth remains safe
  and secure and definitely will grow to fulfill
  your future financial requirements. We have given
  key points below that will help you select a
  financial planning dealer groups.

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• 1. Check your financial planning dealer group is
  legitimate. First and foremost, you have to work
  with a financial planner and also organization
  that's authorized with ASIC and it has an
  Australian Financial Services License (AFSL). It
  is super easy to check by using this using ASIC
  Professional Registers Website.It is very
  important note being authorized with ASIC doesn't
  guarantee high quality advice.

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• 2. Do they have experience of advising clients
  much like you? (Recommendations from friends
  who've had a lasting relationship with an adviser
  could be a good starting point).

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• 3. Browse the Financial Services Guide (FSG) if
  you have a meeting with a Financial Planner they
  need to provide you with a financial services
  guide. This document consists of info on the
  services and products they are able to offer you
  together with exactly how complaints are handled
  if you're not pleased with the service. The
  adviser will be able to respond to questions and
  explain the FSG in greater detail if you have any
  queries.

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• 4. Check who is the owner of the financial
  planning firm. The most of financial planning
  dealer groups are fully or even partially
  belonging to banks and insurance companies. You
  have to determine if you need to deal with a
  smaller independent practice or perhaps a
  practice belonging to a big company. Many dealer
  groups which appear independent are in fact
  belonging to the banks.

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• 5. Do I feel happy with this financial planning
  dealer groups? Spend some time and ensure you are
  comfortable and pleased with your adviser. If you
  are feeling uncomfortable come with an interview
  with an additional adviser there are lots of top
  quality advisers in Australia. Your relationship
  having a financial planner or adviser ought to be
  for the long term, it's important you find the
  best adviser for the situation.

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• 6. Some Real question to ask. What areas are you
  able to provide advice? What's your primary type
  of client? What exactly is your certification?
  What initial and continuing service would you
  provide? Ask these questions to ensure that you
  make the most out of the meeting.