Getting educated about your retirement and wealth-management options is a necessary part of planning for your financial future. But let’s be honest: Not everyone has time to be a financial expert. If you would rather have an easy plan, you can execute without having to constantly worry about changes in legislation or the economy or financial products. You might consider hiring a financial advisor.
On the hunt of financial planners and advisors in Melbourne, Victoria? Finding the right financial planner can be a stressful endeavour. After all, there are so many options and prices out there to consider.
So, finding financial planners and advisors that offer supreme service and a carefully curated selection of options is a true life-saver.
To help you get started on your financial planner and advisor hunt, we’ve rounded up our favourite financial planners & advisors from right across Melbourne, Victoria.
Freedom Financial Planning
Freedom Financial Planning, based in Notting Hill, Melbourne, has been providing quality financial advice and planning services for over 20 years. The firm is dedicated to helping clients optimise their financial lives and achieve freedom through comprehensive and personalised financial strategies.
Founded in 2003, Freedom Financial Planning has built a reputation for advice excellence and a commitment to building long-term relationships with its clients. The team of experienced advisers and support staff offers a wide range of services, including retirement planning, super and investment management, estate planning, insurance, and tax guidance. They prioritise their clients' needs, ensuring that each financial plan is tailored to the individual's specific goals and objectives.
Services offered by Freedom Financial Planning include:
- Financial Planning & Advisory
- Superannuation and Retirement Planning
- Cashflow & Budgeting Advice
- Estate Planning
- Centrelink Advice
- Investment & Wealth Advice
- Strategic Tax Planning
- Mortgage Broking
- Insurance Planning
- Debt Management
Phone: 03 9542 3200
Email: askus@freedomfp.com.au
Address: Suite 29, 270 Ferntree Gully Road, Notting Hill VIC 3168
Website: https://freedomfinancialplanning.com.au/
Klear Picture
Klear Picture, based in Melbourne, stands out as a premier provider of financial and wealth management advice. They are renowned for their holistic approach to financial services, catering to both individual and business needs. Their team of experts is dedicated to designing comprehensive financial plans, ensuring clients maximise their wealth-building potential and secure their financial future.
Services Offered:
- Accounting & Taxation: Tailored services for individuals and businesses.
- Business Advisory: Expertise in business planning and financial management.
- Private Wealth Advisory: Personal wealth creation, management, and protection.
- Lending & Capital Raising: Solutions for residential, commercial, and construction finance.
Address: 312/434 St. Kilda Road, VIC 3004
Phone: (03) 9998 1940
Email: team@klearpicture.com.au
Website: klearpicture.com.au
PMD Financial Advisers
PMD Financial Advisers is a firm dedicated to providing confidence and peace of mind regarding current and future financial positions for their clients. They specialise in partnering with families, high-net-worth individuals, business executives, and business owners to offer comprehensive and highly customised financial solutions. Their approach is client-centric, focusing on building strong, lasting relationships and delivering tailored advice to meet the unique financial needs and goals of each client.
The services offered by PMD Financial Advisers include a wide range of financial planning and advisory solutions:
- Wealth Creation: Assisting in building a strong asset base.
- Retirement Planning: Developing strategies to achieve retirement savings goals.
- Superannuation: Growing balances to deliver the required income.
- Investments: Providing insights on investment options to meet individual goals.
- Risk Insurance: Protecting clients' financial positions.
- Self-Managed Superannuation Funds: Offering updates and advice on the benefits.
- Aged Care: Ensuring clients make the right decisions.
- Financial Guidance for Children: Advising on the best investment options for families.
Phone: (03) 9824 0001
Email: admin@pmdadvice.com.au
Website: https://www.pmdadvice.com.au/
DMFS Financial Advisers
DMFS Financial Advisers specializes in financial and retirement planning, with a focus on re-contribution strategies for superannuation benefits. Their approach involves withdrawing superannuation benefits, which are categorized into tax-free and taxable components, and then re-contributing them back into super.
This strategy is particularly beneficial for reducing potential tax payable when superannuation is passed onto beneficiaries after death. It is suitable for individuals between the preservation age (from age 56) and age 60, and also for estate planning purposes, especially when superannuation benefits are likely to be inherited by non-dependants, like adult children. The strategy aims to convert taxable portions of superannuation benefits into tax-free components, thereby minimizing tax liabilities for beneficiaries.
Key services offered by DMFS Financial Advisers include:
- Re-contribution Strategy: Withdrawal and re-contribution of superannuation benefits to optimise tax-free components.
- Tax Optimization: Reducing potential tax on superannuation benefits for beneficiaries.
- Estate Planning: Tailoring superannuation benefits to minimise tax implications for non-dependant beneficiaries.
- Financial Planning Advice: Providing comprehensive advice and forms related to financial planning.
- Aged Care Financial Advice: Offering guidance on aged care fees and related financial planning.
Phone: 1300 364 650
Website: www.dmfsfinancial.com.au
Flinders Wealth
Flinders Wealth is a financial planning firm that prioritises creating personalised financial plans for its clients. Their process begins with understanding the client's lifestyle, financial goals, current financial status, and what they want their money to achieve. This comprehensive understanding allows Flinders Wealth to craft a clear vision for the client's financial future, focusing on building and protecting wealth. The financial roadmap they prepare includes various markers for tracking progress and establishes a plan to achieve the desired lifestyle.
The services offered by Flinders Wealth include:
- Financial Planning: Creating tailored financial plans based on individual goals and financial situations.
- Ongoing Service: Providing accountability and monitoring to ensure clients stay on track with their financial goals, including budget and cash-flow management, and regular updates on legislative, tax, and regulatory changes.
- Investment Management: Applying a long-term investment philosophy focused on compounding, reinvestment, limiting transaction costs, and deferring capital gains tax.
- Insurance Planning: Establishing plans to protect income and family in case of illness, injury, or premature death.
Phone: 0434 992 240
Email: michael@flinderswealth.com.au
Website: www.flinderswealth.com.au
Maddern Financial Advisers
Maddern Financial, based in Melbourne, offers independent financial advice, distinguishing itself through its independent ownership and fee-for-service model. Unlike many financial planning practises owned by banks or other financial institutions, Maddern Financial is not pressured to promote specific products. This independence allows them to recommend the best investment mix tailored to individual client situations and goals. Additionally, they operate on a fee-for-service basis, ensuring that their advice is unbiased and solely focused on client satisfaction. This approach also provides clients with complete transparency regarding the cost of their services.
Key services offered by Maddern Financial include:
- Independent Financial Advice: Tailored investment recommendations based on individual goals, free from institutional bias.
- Access to Independent Filtered Research: Utilizing independent research sources like the AIOFP’s Filtered Research Committee and Mercers for up-to-date, conflict-free market insights.
- Highly Qualified Advisers: A team with significant qualifications and experience, capable of managing wealth effectively.
- ASX and Industry Fund Education: Broad knowledge across a wide range of products, enabling comprehensive financial planning.
Phone: (+61) 3 9999 7200
Email: dennism@maddernfinancial.com.au
Website: https://www.maddernfinancial.com.au/
First Financial
First Financial, a Melbourne-based financial services business, offers a unique client-first approach to financial planning. Their process begins with a "Discovery" session, where they work to uncover a client's financial goals and aspirations, some of which the client may not have previously considered. This session is crucial for gaining a clear understanding of the client's current financial situation and the lifestyle they wish to enjoy. Following this, the "Fact Find" session delves deeper into the client's goals, dreams, and current financial position. This comprehensive understanding is pivotal for moving towards the planning stage, where First Financial provides a detailed breakdown of their fees in an open and transparent manner.
The services offered by First Financial include:
- Financial Planning: Developing a dynamic and actionable plan for success, including strategies for investment restructuring, debt management, savings, and insurance.
- Wealth Protection: Offering advice on income protection insurance, trauma, critical illness, and life insurance.
- Superannuation and Retirement Planning: Including advice on Self-Managed Superannuation Funds (SMSF).
- Estate Planning: Ensuring clients' wealth is managed and distributed according to their wishes.
- Ongoing Partnership and Review: Regular meetings and assessments to stay on track with financial goals, adapting to any changes in circumstances.
Phone: 03 9909 5800
Website: https://firstfinancial.com.au/
Toro Wealth
Toro Wealth, a financial advisory firm, offers a comprehensive range of services aimed at helping clients achieve their retirement goals. They focus on delivering personalised, strategic, and conflict-free financial advice to design and live the life of their clients' dreams.
The firm's approach is centered around understanding each client's unique situation and tailoring their services to meet these specific needs. This client-centric methodology ensures that the financial plans they develop are not only effective but also align with the individual aspirations and lifestyles of their clients.
The services offered by Toro Wealth include:
- Retirement Planning: Assisting clients with retirement planning, including account selection and income drawdown strategies.
- Tax Minimization: Implementing legal strategies to minimise taxes and accelerate goal achievement.
- Superannuation and SMSF: Expertise in setting up and optimising Superannuation and Self-Managed Super Funds (SMSF) while minimising fees.
- Savings Optimization: Guidance on managing savings for capital expenditures and maintaining emergency funds.
- Investment Management: Creating diversified portfolios tailored to client risk tolerance and return expectations.
- Family Protection: Setting up and maintaining personal life insurance plans to protect clients and their loved ones.
- Income Maximization: Refining income allocation to enhance the likelihood of achieving financial objectives.
- Debt Management: Advising on debt reduction strategies that incorporate tax-effectiveness and efficiency.
Phone: 1300 447 599
Email: admin@torowealth.com.au
Website: https://www.torowealth.com.au/
Partners in Planning
Partners in Planning is a financial planning firm that focuses on developing strategies to help clients manage their financial affairs and achieve their life goals. They emphasise the importance of working with a professional financial planner to gain confidence and peace of mind about one's financial future.
Recognising that financial goals evolve over a person's lifespan, Partners in Planning tailors financial plans to suit the specific life stage of each client. Their approach is designed to provide comprehensive support in various areas of personal finance, ensuring that clients' financial needs are met effectively throughout different phases of their lives.
The services offered by Partners in Planning include:
- Budgeting and Cash Flow Management: Assisting clients in managing their day-to-day finances.
- Savings Plans: Developing strategies to help clients save effectively.
- Superannuation and Tax Planning: Offering advice on superannuation and optimising tax strategies.
- Home Loan Repayments and Debt Management: Guidance on managing and reducing debts, including home loans.
- Insurance and Investment Advice: Providing recommendations on insurance coverage and investment opportunities.
- Retirement Planning: Tailoring financial plans for retirement needs and goals.
Phone: +61 1300 880 100
Email: info@partnersinplanning.com.au
Website: https://www.apartnerinplanning.com.au/
ToppTunbridge
ToppTunbridge, a financial advisory firm based in Melbourne, offers a wide range of financial services with a focus on risk planning, superannuation, investment, and more. The firm prides itself on providing a high standard of advice and service through its team of dedicated advisers and support staff.
They have established strategic alliances with external legal and accounting practises, enabling them to be a central point for clients seeking specialised advice in areas like Self-Managed Super Funds, Debt Management, Estate Planning, Legal Agreements, and Accounting.
This collaborative approach, combined with years of experience and established relationships with market leaders in Funds Management and Insurance product providers, allows ToppTunbridge to deliver superior outcomes and services to their clients.
The services offered by ToppTunbridge include:
- Personal Risk Planning: Developing strategies to manage personal financial risks.
- Business Risk Planning: Tailoring risk management solutions for businesses.
- Corporate and Personal Superannuation: Advising on superannuation strategies for individuals and corporations.
- Savings and Investment Advice: Providing guidance on savings plans and investment opportunities.
- Personal Estate Planning: Assisting with estate planning to ensure clients' wishes are fulfilled.
Phone: (03) 9935 5266
Email: admin@topptunbridge.com.au
Website: https://www.topptunbridge.com.au/
7 Wealth
7Wealth is a financial planning firm that specializes in providing professional advice and services to individuals and businesses, particularly in the areas of financial planning, debt management, investment, and retirement planning. The firm is recognized for its honest, professional, and meticulous approach, as evidenced by client testimonials. Clients like Chris & Leonie from Launceston have praised 7Wealth, particularly James from the firm, for his thorough research and ability to provide solid facts and a deep understanding of various financial options. This approach ensures that clients are well-informed about their choices, allowing them to tailor and structure their finances effectively. The firm's focus is on creating and consolidating wealth for clients, ensuring a smooth and stress-free transition into retirement.
Services offered by 7Wealth include:
- Debt Management: Offering strategies and advice for efficient debt handling.
- Property Investment: Providing guidance on property investment to optimise financial growth.
- Tax Reduction: Advising on legal methods to reduce tax liabilities.
Phone: 03 4411 8744
Email: client@7wealth.com.au
Website: https://7wealth.com.au/