Accountants and Financial Planners Working Together:
Accountants can increase the quality and quantity of fees they provide to their clients.
Another tab outlined the benefits your clients receive through professional collaboration of their advisers. Accountants can also benefit from such collaboration. Clients who receive superior service rarely change accountants. Your clients will also refer more family and friends and potentially require more accounting services as their wealth grows.
Apart from making you more money, other reasons why accountants (and other professionals) may choose to work with Wise Investment Advisers Pty Ltd (WIA) include:
- Your practice should grow in size and capacity through more excited clients and the ongoing intellectual property WIA will provide you on increasing client revenue and client service;
- Bruce Davis is a best-selling author. New books and blogs and information will be provided to all of your clients to build loyalty to your firm free of charge to your firm;
- Many accountant’s SMSF risk and investment strategies in minutes may not satisfy ASIC and regulators in the near future. WIA will provide a full service that will be well received by your clients and pass all future ASIC scrutiny easily;
- Client satisfaction and goodwill will both improve;
- We can provide guidance in how to run successful clients seminars, client interest groups, and financial services training for your staff and accountants for no cost to you;
- We will assist you with more client referrals, newsletters, better use of internet and social media to grow your business;
- CPD for your accountants for free or at a fraction of your current expenditure;
- Identify how to get more business from not only your A clients but also C and D clients;
- Over 85% of the financial planners work for product providers #. WIA is 100% Australian owned and has nobody forces or restricts the products we advocate. We always provide the very best product and service to suit your client’s needs. We will always put our client’s interest first. Many in our industry give this lip service. It is our ‘raison d’être’;
- The federal government and the opposition agree very few areas. One is that ‘Upfront Commissions’ for insurance is not in the client’s best interest. This will be outlawed very soon. WIA never has and will never select ‘upfront’ insurance premiums for any insurance. We will always advocate appropriate level insurance for all of our clients. We will be pleased to explain to you why this is best for your clients and you;
- ASIC Shadow shopping * found only 3% of financial plans were considered good. 39% were poor and 58% were adequate. ASIC Commissioner Peter Kell said: “Too much poor advice provided to our shadow shoppers was overly product focused and not strategic enough to help clients develop a realistic and achievable plan for their retirement and make the most of their financial resources taking into account their circumstances and attitudes to risk.” WIA prides itself in providing wise advice that is superior to its peers and is better than good.
WIA will provide the very best financial advice for your clients as well as assist to build your business as detailed above. Should you seek referral fees as well as providing the best service to your clients our CEO will be please to discuss alternatives with your firm. We insist on full disclosure to your clients in our Financial Services Guide and Statements of Advice. APES 230 and your professional accounting body will have their own disclosure requirements. We will be pleased to assist in affecting any such agreed arrangements.
