top of page

6 Reasons Why You Should See a Financial Adviser in Australia

Financial planning is an essential component of an individual's overall well-being. However, not everyone has the expertise and knowledge to make sound financial decisions. Seeking advice from a financial adviser can provide significant benefits to help individuals manage their finances effectively. This article will discuss six valuable reasons why you should see a financial adviser in Australia. Let's get started.

1. Goal Setting and Planning

One of the primary reasons to seek advice from a financial adviser is to set financial goals and create a comprehensive financial plan. A financial adviser can help you identify your short-term and long-term financial goals, assess your current financial situation and develop a tailored plan to achieve your objectives. They can guide investment strategies, risk management, tax planning, and retirement planning, among others.

2. Tax Planning

Effective tax planning can help individuals reduce their tax liability and maximise their after-tax income. A financial adviser can provide tax planning advice and recommend strategies to minimise taxes, such as contributing to tax-advantaged accounts like superannuation or making concessional contributions to reduce taxable income. They can also guide tax-efficient investment strategies to help you manage your tax liability.

3. Estate Planning

Estate planning is often overlooked but is an essential part of financial planning. Estate planning involves creating a plan for the distribution of your assets after you pass away. A financial adviser can help you create an estate plan that ensures your assets are distributed to your loved ones according to your wishes. They can also help you understand the tax implications of estate planning and provide guidance on minimising estate taxes.

4. Investment Advice

Investing can be a complicated process, and only some have the expertise to make informed investment decisions. A financial adviser can provide investment advice based on your financial goals, risk tolerance, and investment horizon. They can help you develop an investment strategy that aligns with your financial objectives and recommend suitable investments, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).

5. Risk Management

Managing risk is an essential aspect of financial planning. A financial adviser can help you identify and evaluate your financial risks, such as market risk, inflation risk, and longevity risk. They can recommend strategies to mitigate these risks, such as diversifying your investment portfolio, using insurance products, or creating an emergency fund to cover unexpected expenses.

6. Retirement Planning

Retirement planning is a critical component of financial planning, and a financial adviser can help you prepare for retirement. They can advise on how much you need to save for retirement, recommend suitable retirement accounts, and create a retirement income plan that aligns with your financial goals. They can also guide when to claim social security benefits, how to manage your retirement income, and how to plan for unexpected expenses during retirement.


Seeking advice from a financial adviser in Australia can provide significant benefits to help you manage your finances effectively. A financial adviser can help you set financial goals, develop a comprehensive financial plan, and provide investment advice, tax planning, risk management, and retirement planning. Working with a financial adviser lets you make informed financial decisions and achieve your financial objectives.

Swell Financial Planning is a Gold Coast-based firm servicing clients locally and around Australia. We provide financial services and advice on investment, insurance, budgeting, cash flow, and superannuation—tailored solutions to every client’s needs. If you need a financial adviser in Queensland, we’ve got you covered! Get in touch with us today and let’s talk!


bottom of page