Hot Issues
spacer
ATO outlines tax relief for bushfire victims
spacer
Catch-up concessional contributions – strategies and practicalities
spacer
Nearing retirement? 7 steps to take before you leave work
spacer
2020 audits to focus on investment strategy
spacer
Australia - latest facts and figures
spacer
‘Visible, valued and owned’: ATO outlines super priorities for new year
spacer
A 20-year investment growth story
spacer
Retire on your own terms and not the market's
spacer
Our Advent calendar for 2019
spacer
The economic and investment outlook for 2020
spacer
You'll be the life of the party when armed with this information!
spacer
Review queries retirement system understanding
spacer
Retirement planning in 15 minutes a day
spacer
Eggs, baskets and diversified SMSF investment strategies
spacer
New opportunities for employees to claim additional superannuation
spacer
ATO provides further trustee instructions on myGovID
spacer
The main benefits of professional financial help.
spacer
Downsizer contributions offer more than meets the eye
spacer
6 new financial videos
spacer
GDP by country since 1800
spacer
All Australia's vital statistics - October 2019
spacer
Does your mind help or hinder your investment success?
spacer
Four key principles that help achieve portfolio success
spacer
Traversing a synchronised economic slowdown
spacer
A positive pension change with a cash rate twist
spacer
Shares to remain volatile as trade war heats up
spacer
NALI, LRBA measures pass Parliament
What a financial planner does to help.

Updated research from Vanguard confirms what previous research found concerning the average value added to clients' long-term wealth by a financial planner.  

       

 

The original Vanguard research covered a 16 year period and looked at how a financial planner adds value to a client’s wealth.  We reported on this in September last year, article replicated below.  Now, six months later, March 2019, further research has confirmed the original findings.  

Put simply, the use of professional financial planning expertise can add, in the long-term, around 3% to a client’s wealth.  Extra that not only adds value but also provides the funds to pay for a financial planner's services, assistance with tax issues, an expert in retirement planning and often a friend.  All helping you make decisions that are, otherwise, complex and difficult.

---------------------------------------------

What a financial adviser can add to your portfolio's returns (September 2018)

A 16-year study by Vanguard (latest report from July 2018) has found that this figure is about 3% net. 

This is over and above what might be generated by non-planner assisted investment activity.  This means that even for small investors, a financial planner will not only pay for themselves but provide the professionalism to navigate the confusion, performance and peace of mind you might not get elsewhere or if you were doing the job yourself.

A recent example:  An investor was using three stock brokers and each one thought the others were managing issues such as tax.  When a financial planner was engaged it was realised this investor had lost around $200,000 over a number of years.  This investor only has a modest portfolio.

 

Peter Graham
PlannerWeb

Pattinson Financial Services Pty Ltd ABN 17 121 851 376 is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd
ABN 47 097 797 049 AFSL and Australian Credit Licence No. 236523

Tel: +61 2 8850 6888 | Fax: +61 2 8850 6407 | Toll Free 1300 466 637 | PO Box 6253 Baulkham Hills BC NSW 2153

site By PlannerWeb