Why you need a financial adviser in Australia in 2024

July 22nd 2024 | Categories: Value of advice |

Rising interest rates, inflation and calls to the National Debt Hotline. Let’s uncover the value of great financial advice. 

There is no doubt about it – Australians are feeling the crunch of the cost-of-living crisis. As financial pressures mount, having a financial adviser can be crucial to staying ahead in navigating these challenging times. Here’s why having a trusted adviser in your financial toolkit will be the best decision you make in 2024.  

The Current Financial Landscape  

Through the first six months of this year, the National Debt Helpline received more than 78,630 calls – the highest since 2020 when the pandemic first forced the closure of many businesses. Calls have climbed by 41.3% since the same period in 2022 when mortgage rates were around 2.5% and rental inflation was flat.  

With these rising numbers, you would think everyone would be engaging a financial adviser as a clear path forward to financial stability but new data suggests that the biggest barrier to seeking advice is the cost. While investing in yourself and your future is never a waste of time, funds, or resources, there are a few options you can take before committing to an advice fee.  

Your first meeting: complimentary and insightful  

At Invest Blue, your first meeting with one of our accredited Financial Advisers is complimentary! This one-hour session lays the foundation for building your financial plan. During this meeting, you’ll work together with your new adviser to determine your values and align them with your financial goals.  

Discovery Call: clarity for your next steps  

If you’re unsure whether it’s the right time for you to seek financial advice, our 15-minute discovery call can provide clarity. This call connects you with one of our trusted financial advisers, offering guidance on the next steps suitable for your current situation. The best part? The call is complimentary and completely obligation free – just a friendly chat to help you feel confident in your first steps toward securing your financial future.  

Book your complimentary discovery call, here.  

Australia’s trusted home of great advice right on your doorstep. 

Here’s how our team can help you live your best life through great advice:  

1. Expert Financial Advice: An Invest Blue financial adviser offers advice based on your personal circumstances and values, in order to help you budget, save, and invest wisely, optimising your household income and assets.  

2. Debt Management Solutions With rising interest rates, managing debt is crucial. Your adviser will create strategies to reduce and manage your debt efficiently. We also have a team of experts who can compare interest rates from over 60+ lenders for any lending needs. They can help you get started here.  

3. Smart Investment Strategies Your adviser will help navigate and diversify your asset allocation, striving for stable long-term growth within your investments. Want to learn more about our Investment philosophy? Read here 

4. Retirement Planning Ensure you’re on track to meet your transition to retirement goals, with tailored plans considering super funds and other investment options.  

5. Tax Efficiency An annual progress check in will ensure no surprises come EOFY. Maximise your savings and income with tax-efficient strategies suggested by your adviser.  

6. Peace of Mind Arguably the most priceless investment is your peace of mind. Having a professional manage your financial plan reduces stress and gives you confidence in your financial future.  

So, do you need a financial adviser? 

In the face of economic uncertainties and financial pressures, a financial adviser can be a valuable ally in securing your financial well-being. At Invest Blue, we can provide expert knowledge, tailored advice, but most importantly, peace of mind… ensuring you can navigate financial challenges with confidence.  

Seeking urgent help? Call the free National Debt Helpline on 1800 007 007. The helpline is open Monday to Friday, 9:30am to 4:30pm. Or live chat, Monday to Friday, 9:00am to 8:00pm. 

Want a Complimentary Consultation?

Fill in the form for a complimentary consultation with a Financial Adviser and start living your best possible life.

What you need to know: This information is provided by Invest Blue Pty Ltd (ABN 91 100 874 744). The information contained in this article is of general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regards to those matters and seek personal financial, tax and/or legal advice prior to acting on this information. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.