A sure sign of a good financial planner is they do not rush you to take a decision. Most importantly, they carefully listen to you and explain where value can and cannot be added. Here are some things you need to consider before choosing financial planners in Whyalla.

Qualifications Are Necessary

When choosing a financial planner to make sure they have the necessary qualifications. You can narrow down the search and selection to an FPA member many of whom is a certified financial planner. These are the professionals who have achieved the highest financial planning qualification worldwide.

Experience Matters of the Financial Planners

After qualification, the experience is another important consideration for choosing a professional. Ask the professional how long he has been in practice and the types of firms he has been associated with. Also, ask them how their work experience has helped them in their current practice. Professionals will specialise training might prove to be fruitful for your financial situation. Enquire whether the professional has experience in handling similar kinds of financial situations.

Does the financial planner have a license?

A financial planner, who works for the firm that holds an Australian Financial Services License issued by Australian Securities and Investments Commission (ASIC), is the one you need to look for. You can also ask for a copy of their Financial Services Guide.

Areas of Specialisation

Different financial planners have specific expertise in different areas. For example, retirement planning or superannuation is some specific areas which require specialist knowledge. Some financial planners are only able to advise on selected areas or limited areas. Thus, you need to make sure that business advisory in Whyalla is qualified in the area relevant to you.

Current Memberships with the Financial Planning Association

FPA is Australia’s leading professional community of financial planners. Members of the FPA sign up stricter criteria and high professional ethics than it is required by Australian law. Members of this association will always put your interests first.