The personal financial advice process

When you speak with a financial adviser about personal financial advice, he or she will work through a four-step process.


Understanding your current situation and goals

In getting to know you, your adviser will ask you questions about your current financial situation and budget, including:

  • What's important to you and your family?

  • What are your most urgent needs?

  • What would you like to achieve in the future?

  • What's your attitude towards investing?

  • Who else do we need to consider in creating your plan? (e.g. spouse, family members, business partners, etc.)

  • What other issues do we need to consider?


Recommended strategies and financial advice

Your adviser will create a set of strategies to help you to meet the financial and lifestyle goals you discussed in your first meeting. These strategies may cover:

  • Wealth creation and investing.

  • Superannuation and retirement planning.

  • Wealth protection.


Implementing your financial plan

You and your adviser will agree the strategies that will be put into practice. This may involve:

  • Setting up new investments or transferring existing ones.

  • Consolidating superannuation accounts.

  • Establishing regular super contributions.

  • Putting in place wealth protection policies.


Keeping you on track

We can help you stay focused on your goals and keep your plan on track as your life changes.

We can give you options for ongoing advice and support. If you choose to have an ongoing arrangement, as part of this, your adviser can send you personalised reports to help you keep track of your investments.

Need help understanding your financial options? Contact us to arrange to speak to a BT Adviser

Your financial adviser will take the time to understand you, your goals and your lifestyle to develop the strategies that are right for your needs.

BT Advisers can help all Australians achieve their personal financial goals – from the simple to the complex, with innovative tools that make the process easier for you.