Hosted by Australian financial and investment advisers, Dylan Pargiter-Green & Luke Laretive, Wealth & Toil helps Australians navigate the global financial markets, optimise their finances, and strategise to get the most out of their businesses. We'll share some of our client's case studies, investment tips and a few of the lessons we've learned running financial advice and investment management companies.
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licenced Financial Advisors, we don’t know your personal circumstances, goals or objectives. We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
Hosted on Acast. See acast.com/privacy for more information.
Hosted by Australian financial and investment advisers, Dylan Pargiter-Green & Luke Laretive, Wealth & Toil helps Australians navigate the global financial markets, optimise their finances, and strategise to get the most out of their businesses. We'll share some of our client's case studies, investment tips and a few of the lessons we've learned running financial advice and investment management companies.
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licenced Financial Advisors, we don’t know your personal circumstances, goals or objectives. We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
Hosted on Acast. See acast.com/privacy for more information.
In this episode of "Wealth and Toil," Luke Laretive and Dylan Pargiter-Green discuss the fundamentals of the financial advice industry. There's a large range of financial advisors offering different kinds of advice.
Types of Financial Advice:
General Advice: Does not consider personal circumstances, provides factual information or opinions on financial products.
Tax Advice: Accountants focus on tax minimisation and efficient tax structures, not on investment advice.
Strategic Advice: Helps clients set and achieve financial goals, prioritising long-term objectives.
Investment Advice: Selecting and managing investments, differentiating between static portfolios, traditional private wealth management, and dynamic investment strategies.
Distinguishing Financial Advisors:
Advisors may fall into categories such as stockbrokers, traditional private wealth advisors, or dynamic investment managers. Clients should understand the advisor’s approach and ensure it aligns with their financial goals.
Strategic and Investment Advice:
Dylan focuses on strategic advice, helping clients prioritise and set financial goals.
Luke specialises in investment advice, managing portfolios and making dynamic investment decisions.
Referral Sources and Client Relationships:
Luke’s clients often have existing advisors and seek more dynamic investment management.
Dylan’s clients are often unadvised or seeking ongoing financial planning.
Both emphasise the importance of referrals from accountants, lawyers, and other professionals.
Advice for Clients Seeking Advisors:
Clients should meet multiple advisors to find one that aligns with their goals and values.
Understanding the advisor’s strengths and services is crucial. Open communication and trust are essential in the advisor-client relationship.
General Advice Warning: This podcast is intended and contains general information on financial strategies, investments, and products only. Whilst Luke and Dylan are both licenced Financial Advisors, we don’t know your personal circumstances, goals or objectives. We highly recommend that you reach out to your Financial Advisor or investment professional to discuss any of the topics we have covered today before taking action.
Our full disclosure, copies of our financial services guides and additional information about Seneca Financial Solutions and Bold Wealth can be found below:
https://www.boldwealth.com.au/
Hosted on Acast. See acast.com/privacy for more information.
