Adviser Ratings

🇦🇺 Aussie financial advisers are leading the way in the $3.5 trillion intergenerational wealth transfer! 💸

Our latest survey reveals the top questions clients are asking and how advisers are tackling these challenges. 📊

Are you prepared for this monumental shift that could make millennials the wealthiest generation in history? 🌱

Advisers Guiding the Great Wealth Transfer: Key Trends and Client Concerns in 2024: Adviser Ratings Australian advisers are at the forefront of the anticipated $3.5 trillion intergenerational wealth transfer, with 42% of their clients expressing concerns about preserving family wealth. Our latest survey uncovers the key questions clients are asking and how advisers are addressing these challenges....

Check out this week’s top-rated financial advisers, highlighted by the latest reviews on the Adviser Ratings website! See what clients are saying about these outstanding professionals. 🌟

Rocco Liuzzi of Whitehead Financial Pty Ltd in Bundoora, VIC
"Rocco provides a comprehensive range of services, from retirement planning to tax strategies, all tailored to our specific needs. His expertise is evident through his impressive credentials and deep understanding of market trends. Rocco excels in communication, breaking down complex financial concepts into easily understandable terms."
⭐⭐⭐⭐⭐ Joshua, 35 - 45 years

Sophie Doyle of Morgans Financial Limited in Gosford, NSW
"Sophie was recommended by my super fund as I was looking for an adviser who could understand my financial needs to enable my retirement. Sophie is easy to talk to about my finances, retirement, super/pension options and the steps needed to achieve the best outcomes for me"
⭐⭐⭐⭐⭐Mel, 56 - 65 years

Chrissie Hendry of Count Gold Coast in Southport, QLD
"I always look forward to catching up with Chrissie for financial advise, she is very patient, genuinely cares and explains all my questions very clearly. At the end of our meetings with Chrissie I always have a very clear understanding with our retirement plans moving forward."
⭐⭐⭐⭐⭐ Cathy, 65+ years

Calum Laing of Viridian Financial Group in Perth, WA 6000
"Calum has advised us for many years and has always provided thoughtful and insightful advice prompting us to think through things that we wouldn't have done otherwise. We appreciate his steadiness, knowledge and understanding of our circumstances."
⭐⭐⭐⭐⭐Libby, 56 - 65 years

Every week, we’re flooded with amazing reviews from the clients of these outstanding professionals, making it really challenging to highlight just a few! 🌟

Sharon Kennedy of Retirement and Beyond Financial Planning in Chambers Flat, QLD
"She provided invaluable help when my mother was transitioning into aged care, navigating the complex financial and logistical challenges with ease and compassion. As I approached retirement, Sharon was instrumental in helping me sort out my financial situation."
⭐⭐⭐⭐⭐ Eszter, 65+ years

Justin Van Haren of BNM Financial in Tuncurry, NSW
"Justin has been great for our family. Great ideas and knowledge and always punctual and reliable. I would recommend his financial advice services to anyone"
⭐⭐⭐⭐⭐Jimmy, 46 - 55 years

Toby Kandenga of Engage Wealth Management in North Lakes, QLD
"We managed to get Toby's expert advice on again for our superannuation, insurance and some investments also. He showed us also how to shorten our mortgage and finish it off as soon as possible. Trusting someone is hard specially when you entrust your future to somebody, but we know, we are in good hands of our adviser Toby."
⭐⭐⭐⭐⭐ Russel, 46 - 55 years

Courtney Pearch of Wealth Connexion in Kangaroo Point, QLD
"Courtney's clear and straightforward advice means that the worry about our financial future is allayed as she is always across our portfolio and regularly reviews it. If or when we need to change direction, she is always there for us to discuss the options. Her advice and strategy has worked very well in our favour in the past and we have every confidence this will continue into the future."
⭐⭐⭐⭐⭐William, 65+ years

Are you prioritising revenue streams or client acquisition in your growth strategy? 📊

As the landscape becomes more competitive, the choices you make now can define your firm’s success in the long run. Our latest article dives into the key growth decisions advisers are making to balance revenue and scale while staying ahead.

Find out what’s working what’s working for others and what might just be your next move?

Revenue and Client Acquisition: Financial Advisers’ Growth Decisions: Adviser Ratings With market dynamics evolving rapidly, advisers are re-evaluating their growth strategies. Our recent survey of Australian advice practices reveals that 42% of firms plan to maintain adviser numbers while focusing on technology for efficiency. Discover why strategic staffing decisions are trending a...

📈 Big moves in the adviser space! Money Management tapped into our latest research, revealing which licensees saw the most adviser growth in Q2.

Who’s leading the charge? Dive into our newly released Musical Chairs report to stay ahead of shifting trends and see who’s gaining ground 👉 Link in comments

BT

Just a moment...

This week's reviews are in! Find out what these outstanding professionals' happy clients have to say! 🌟

Warren Strybosch of FindWealth.com.au in Warranwood, VIC
"We spoke with Warren and his team as we needed help considering our options for retirement. The modelling is very helpful as we can see a few possibilities while we still have time to make changes. Warren's expertise and suggestions will save us thousands in mortgage interest and that will make our retirement so much better."
⭐⭐⭐⭐⭐ Carolyn, 56 - 65 years

Marilyn Lin of Bridges Financial Services Services in Millers Point, NSW
"I have been dealing with Marilyn for a number of years now and have always found her to be easy to deal with and she gives me the information I need in a manner that I can understand easily. I rely on Marilyn to do the right thing by me on financial matters and she has never let me down and has exceeded my expectations."
⭐⭐⭐⭐⭐Scott, 56 - 65 years

Riley Jan of Cruz Financial in Burleigh Heads, QLD
"From the outset, it was clear that Riley is not only extremely knowledgeable but also incredibly passionate about what he does. He took the time to thoroughly understand our financial goals and provided tailored advice that was both insightful and actionable."
⭐⭐⭐⭐⭐ Daniel, 35 - 45 year

Karen Kavanagh of Innovative Wealth Management in Harrington Park, NSW
Karen's financial expertise is solid, and I really like her proactive, practical and considered approach to my financial needs and goals. Of equal importance is the time that Karen takes to get to know you as a client and to get an understanding of what are the things in life that are important to you. It is this holistic approach to financial planning that I have really appreciated from Karen.
⭐⭐⭐⭐⭐ Judy, 56 - 65 years

UniSuper is doubling down on its financial advice offering. Andrew Gregory, Head of Financial Advice and Education, states:

"We know advice works - 85% of our members tell us they feel more confident in their retirement planning since receiving advice from us, and more importantly, 99% say they intend to implement it."

For advisers, this presents a prime opportunity to collaborate with UniSuper to support clients effectively—especially those in the 'missing middle' who require tailored guidance.

Learn how super funds are reshaping advice in the 2024 Advice Landscape Report 👉 https://hubs.ly/Q02L3DsS0

This week, we received an influx of reviews! Check out the top-rated financial advisers on Adviser Ratings for valuable feedback from satisfied clients about these exceptional professionals!

Deline Jacovides of Mazi Wealth in Greenslopes, QLD
"She has a great understanding of Centrelink and the childcare subsidy and also understands the juggle of working and parenting. I appreciated her flexibility around appointments as I juggle my two kids and full time work. I am so confident with my finances now, I know I'm protected and that feeling is priceless!"
⭐⭐⭐⭐⭐ Kate, 35 - 45 years

Phoebe Mumbray of Stonehouse Group in Brisbane
"Phoebe is extremely knowledgeable, very patient and takes the time to explain things so they are easily understandable. The fact she is only ever a phone call or email away is very much appreciated.
⭐⭐⭐⭐⭐Peter, 56 - 65 years

Jesse Field of Financial Edge Group Retirement Specialists in Erina, NSW
"I couldn't be happier with the service and expertise provided. Jesse has been fantastic in managing my portfolio and providing education and support."
⭐⭐⭐⭐⭐ Tom, under 35 years

Lucky Manna of Bridges Financial Services in Parramatta, NSW
"Lucky gives us confidence in the way she advises us and always takes time to explain the way our investments work. I would and have told my friends on the expert way Lucky deals with our finances."
⭐⭐⭐⭐⭐ Janice, 65+ years

Advisers, are you up to speed with the latest shifts in the investment landscape?

Our latest article uncovers our research, revealing key trends reshaping investment strategies. Discover how these trends could impact your clients' portfolios and your advisory strategies.

For more in-depth analysis, view the 2024 Australian Financial Advice Landscape Report proudly sponsored by Lonsec and Numerisk. featuring Investment Landscape chapter insights from Global X ETFs AU
👉 Link in comments.

Emerging Trends in Australian Investment Options: Navigating the Shifts: Adviser Ratings With over a third of Australian advisers set to boost their ETF allocations in the coming year, our latest report reveals the trends reshaping investment strategies, from the surge in managed accounts to the strategic blend of active and passive funds. Dive into insights tailored for financial profe...

Professional Planner taps into our research to highlight a critical opportunity for financial advisers: The Underinsurance Gap. 📊

With fewer than 500 advisers responsible for half of last year's life policies, there’s a significant opportunity for growth. 🌟

Our Life Insurance Chapter of the 2024 Landscape Report, featuring special insights sponsored by PFAN, offers in-depth analysis to help advisers capitalise on these opportunities and navigate industry challenges effectively. 📈

Unlock new avenues for growth and client engagement—report link in the comments.



Numerisk. Australian Retirement Trust, UniSuper, intelliflo, Global X ETFs AU

What it will take to bring advisers back to life - Professional Planner Reform of life insurance advice over the past seven years has led to a slump in the number of financial advisers specialising in risk – bad news for advisers, insurers and consumers alike. Now, advisers, licensees and underwriters are struggling to make writing risk insurance attractive and econom...

Discover some of the top-rated financial advisers of the week based on the latest reviews on the Adviser Ratings website! Read what clients have to say about these exceptional professionals.

Garth Collingwood of River City Financial Planning in Brisbane
"Garth treats everyone with respect and listens with an open mind, valuing the opinions and feelings of others. His empathetic nature allows him to understand and share the feelings of those he cares about, providing genuine support."
⭐⭐⭐⭐⭐ Thomas, 35 - 45 years

Mo Shouman of My Wealth Choice in Wetherill Park, NSW
"Mo is a great professional to work with. He is very patient and clear in his communication. His advice is really sensible and me saved heaps on fees. He is affordable too which I really liked after shopping around. His team is friendly, quick and efficient."
⭐⭐⭐⭐⭐Hemant, 35 - 45 years

Chris Broome of Qualia Wealth in Nundah, QLD
"Chris has been advising my wife and I for the last four years or so. He helped us get through a difficult financial period and is currently showing us a way to retire at an early enough age and have financial freedom."
⭐⭐⭐⭐⭐ Tony, 46 - 55 years

Wendy Wei of InReach Financial Services Pty Ltd in North Sydney, NSW
"Wendy is well informed and highly skilled adviser. She helped me with my SMSF and has a thorough understanding of my financial goals and needs. I highly recommend her to anyone in need of a professional help with their financial planning needs."
⭐⭐⭐⭐⭐ Amen, 35 - 45 years

Are Mortgage Funds truly high risk, or are they simply misunderstood?

In our latest feature article, Numerisk. MD Richard Silberman and Australian Securities Limited CEO Natalie Bode debunk misconceptions, highlighting their strategic potential in a diversified portfolio and empowering advisers to understand these nuances to offer informed advice.

👉 Catch the insights from this week's feature article spot.

Mortgage Funds - High Risk or Misunderstood?: Adviser Ratings In the insurance world, when you hear the words “Mortgage Funds” they are typically accompanied with alarm bells. However Mortgage Funds come in many shapes and sizes, with the real test of pedigree being what comes out of the Fund Managers ‘broom closet’ upon further inspection. Numerisk’...

Explore some of the top-rated financial advisers of the week based on the latest reviews on the Adviser Ratings website! See what clients have to say about these exceptional professionals.

Cameron Paul of Viridian Financial Group in Perth
"I was impressed with the professionalism and efficiency in which Cam and his team undertook with my (what seemed to me) incredibly complicated financial matter. He made it very easy for me to understand and engage with the process."
⭐⭐⭐⭐⭐ from Sara, 35 - 45 years

Mark Rattigan of Merideon Wealth Strategies in Mandurah, WA
"Ever so accommodating and responsive. Mark and the team really leaned into our story and took their time to take us through the learning journey in establishing our budget plan and insurance coverage. The word that best sums up their service is integrity, acting always in our interest."
⭐⭐⭐⭐⭐Paul, 46 - 55 years

Kate Vallance of AustralianSuper in Perth
"With her effective communication, patience, knowledge and understanding Kate guides you through what options are suitable and what is in your best financial interest. Kate is committed, proactive to your needs and most importantly dedicated in giving you the best outcome to your financial goals. Kate has proved this throughout our years being her clients."
⭐⭐⭐⭐⭐ Neil, 65+ years

Paul Yang of AIA financial in Sydney
"He thoroughly analyzed my entire financial situation, including my super fund and overall finances, to create a tailored plan that aligns with my goals and risk tolerance. His recommendations were insightful and highly beneficial, showcasing his extensive knowledge."
⭐⭐⭐⭐⭐ Charles, 56 - 65 years

In a rapidly evolving financial landscape, resilience isn’t just an asset—it’s a necessity💪

Our latest article reveals how top advisers are not just surviving but thriving in 2024... How are they adapting to market shifts, regulatory changes, and client expectations?


Australian Retirement Trust, UniSuper, intelliflo, Global X ETFs AU

Stabilising the Sector: The Resilient Financial Advisers of 2024 Amidst regulatory challenges, market shifts, and years of contraction, the financial advice sector is showing signs of adviser number stabilisation. With the proportion of advisers leaving the industry decreasing, explore the implications for the industry's future. Dive into the most up-to-date insi...

Discover some of our top picks of the week from the latest reviews on the Adviser Ratings website! Check out what clients are saying about these standout financial advisers.

Andrew Newburn of Evolution Business + Personal Advisers in Warners Bay, NSW
"Andrew thoroughly knows his products and provides a very high level of customer service. Andrew's detailed knowledge showed through his excellent advice and he's always been available for follow-up queries and ongoing support."
⭐⭐⭐⭐⭐ from A. 35 - 45 years

Xan Kitchin of Wealth Connexion Finance in Kangaroo Point, QLD
"Xan explains things thoroughly and clearly with reasons for his recommendations. Any time we have had questions or concerns we have phoned or emailed and Xan’s response time has been amazing. He quickly grasps the situation and offers solutions that align with our goals."
⭐⭐⭐⭐⭐Maria, 65+ years

Cassandra Pearson of River City Financial Planning in Brisbane City
"We wanted to make sure we were on the right track for the retirement we had envisioned, especially as superannuation can be complex and ever-changing. We were immediately impressed with Cassandra. She had done her homework with the documents we had provided and was 100% focused."
⭐⭐⭐⭐⭐ Silvana, 56 - 65 years

Yashar Maghrebi of PSK Private Wealth in Sydney
"Yashar has been of very valuable assistance in regard to giving me advice in relation to my investments and my pension. Yashar's advice has allowed me to have peace of mind especially in regard to the continuing management and growth of my investments."
⭐⭐⭐⭐⭐ Denise, 65+ years

Half a million Aussies have been ‘sacked’ by their advisers as firms chase wealthier clients 💼💰

The Australian Financial Review talks to Angus Woods who says the shift isn't just an ethical dilemma—it's a systemic one!

“These regulations aimed to protect consumers from poor advice have inadvertently led to nearly half of the advisers leaving the profession or focusing only on wealthy clients,” says Woods. Some advisers let go of lower-fee clients to stay profitable, while others focus on ‘sophisticated’ or ‘wholesale’ investors due to less regulatory disclosure.

Rebecca Pritchard of Rising Tide emphasises: “If a financial planner can no longer serve a client, they should clearly communicate this and help them transition to another planner or a self-directed approach.”

🔍📈 Read the full article in the AFR and discover deeper insights from our Advice Landscape Report in the comments.


Australian Retirement Trust, UniSuper, intelliflo, Global X ETFs AU

Not rich enough! Why my financial adviser dumped me Half a million Australians have been ‘sacked’ by their financial planners as firms clamour to win wealthier clients.

What makes the most successful advice practices stand out?

Our nationwide survey uncovers how top practices achieve high profit margins, leverage technology, and benefit from a high ratio of female staff contributing to revenue. Discover the key characteristics of the best practices in 2024 and learn how your firm can flourish.

The Optimal Financial Advice Practice in 2024: Blueprint for Success: Adviser Ratings Our nationwide survey of advice practices showed growth atop the agenda for Aussie practices. Our latest Landscape Report reveals how top practices are achieving high profit margins, the type of clients they are targeting, and how they leverage technology and embrace female leadership. Find out what...

Don't miss our friends' at ausbiz's free virtual investor event. Live or on-demand and free!

Learn about:

🚀 Beginning the wealth transfer journey

👨‍👩‍👧‍👦 Navigating different generational approaches to investing

🏢 Key considerations for those controlling a family business

💼 The transition of generational wealth to women

💻 How technology can help (or hinder) in the wealth transfer process

⚠️ Mitigating the risks of family break-ups and other issues

📊 Structuring succession including tax, trusts, companies, SMSFs, and the overall timing of wealth transfer

Succession 2.0 Succession will unfold strategies to best build a wealth transfer and succession strategy.

The Adviser Ratings website is constantly receiving new reviews for everyone to check out! Here are some of our top picks from this week:

Chris Pomaroff of LDB Wealth Solutions in Blackburn, VIC
"I would highly recommend Chris. I am no financial wizard but he explains everything thoroughly and in a way that is understandable. A very personable, patient and succinctly spoken man. Generous with his time and advice."
⭐⭐⭐⭐⭐ from Irene, 56 - 65 years

Megan Hodge of Dobbrick Financial Services in Ipswich, QLD
"Megan's energy and listening ability as well as her personable manner was refreshing and instrumental for us to determine our future needs. We would happily recommend Megan to future clients."
⭐⭐⭐⭐⭐ from Malcolm, 56 - 65 years

Jane Powdrell of Sage Outcomes in Upper Mount Gravatt, QLD
"Jane’s knowledge is incredible, she has a very calm and understandable way of explaining things. I am super happy I had Jane as my financial planner and would highly recommend her to anyone looking for help."
⭐⭐⭐⭐⭐ Julie, 56 - 65 years

Adil Valani of Stellar Private Wealth in North Balgowlah, NSW
"We were connected to Adil, as our father passed away and our mother needed support and guidance in preparing for her future. Adil provided us with sufficient information about the best foot forward. Adil is approachable and explains things in layman's terms. He gave us a confidence and positive feeling about our financial future."
⭐⭐⭐⭐⭐ Carmel, 65+ years

🔥✨ Celebrating NAIDOC Week 2024 with a commitment to "Keep the Fire Burning" 🔥✨

As we reflect on the rich cultural heritage of Aboriginal and Torres Strait Islander peoples, we recognise the importance of preserving traditions and knowledge. This week, we stand in solidarity with Indigenous communities, acknowledging their resilience and contributions to our society.

Together, we can ensure that the fire of knowledge and wisdom burns brightly for generations to come.

💬 Let's talk fees!

Financial advisers have had to increase fees by 58% over the past five years. With many Aussies feeling the financial squeeze, what are consumers actually willing to pay for advice? We surveyed Australians to uncover the gap between adviser fees and consumer willingness to pay.

📊 Discover how your fees compare and what type of advice clients are truly seeking in the article below or

👇Download the latest Australian Financial Advice Landscape Report - Link in comments

Australian Retirement Trust, Global X ETFs AU, intelliflo, UniSuper

Advice Fees Rise: What Australians Are Really Willing to Pay for Financial Advice: Adviser Ratings Financial advisers have had to raise fees by 58% over the past five years. With many Australians feeling the financial squeeze, what are consumers actually willing to pay for advice? We asked Australians about their expectations, uncovering the gap between adviser fees and consumer willingness to pa...

The Australian spotlights our 2024 Advice Landscape research in their article, "The biggest puzzle in the lucrative world of financial planning is why nobody wants to join the industry."

📈 Thriving Sector: Advisers' profit margins have increased from 15% to 21%

📉 Shrinking Workforce: The industry has halved in a decade, now at 15,000 professionals, down from 30,000.

👴 Aging Demographic: The average age of advisers has risen from 49 to 52 in just one year.

💼 Portfolio Management: The average adviser manages $89m in funds and earns about $140,000 annually.

🌏 Global Issue: 72% of entry-level advisers in the US see no career path forward.

As Sarah Abood, CEO of the Financial Advice Association Australia - FAAA, emphasised, “About 300 new advisers have joined this year, but even if the sector could attract 10 times that number, it would not be enough. We want to really get more people considering this career; it’s a very good option for anyone looking to join the finance industry.”

Angus Woods from Adviser Ratings noted, “Advisers are making more money than ever before,” highlighting the financial rewards and potential growth within the sector and echoing Sarah’s sentiment.



Lonsec, Numerisk. Australian Retirement Trust, Global X ETFs AU, intelliflo, PFAN, UniSuper

Financial adviser recruitment riddle It’s never happened before, but the financial planning sector is so badly in need of new talent that it’s launching a recruitment drive.

Curious about how much advisers are earning and what they’re charging clients❓

Want to know how your fees and income compare❓

Our 2024 nationwide survey had advisers tell us, and our latest landscape report reveals the profile of the Average Australian adviser—sharing insights on age, earnings, client base and rising fees. Plus their preferred insurance, software and platforms.

Find out how you compare to your typical peer in the article below:

The Face of Financial Advice: What the Average Australian Adviser Looks Like in 2024: Adviser Ratings With increasing workloads and changing financial landscapes, how are advisers adapting? How much are advisers earning now? What fees are they charging? Explore the key insights and industry trends that highlight the evolving profession and find out how you compare to the average Australian adviser.

What are the top wealth transfer priorities for advice clients? The IFA Magazine dives into our 2024 Australian Financial Advice Landscape Report research for their latest article.

🔍 One in five advice clients (21 per cent) plan to transfer between $200,000 and $500,000 to their children or other beneficiaries, and almost a third (31 per cent) will transfer more than $500,000... With a predicted $3.5 trillion to be transferred by 2050, the stakes are higher than ever.

📊 The Landscape Report uncovers key concerns for clients during wealth transfer, strategies advisers are using to facilitate the process and the rising importance of comprehensive estate plans and tax-efficient gifting strategies.

👉 Download the 2024 Advice Landscape Report for deeper insights (Link in comments)



Australian Retirement Trust, UniSuper, Global X ETFs AU

What are the top wealth transfer priorities for advice clients? Almost a third of advised clients will transfer more than $500,000 to beneficiaries, according to Adviser Ratings’ latest report.