{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Behind The Advice Australia","title":"The Financial Advice Process: Obtaining Financial Advice as an Australian Expat","html":"","width":"100%","height":180,"duration":4618,"description":"What actually happens when you engage a Financial Adviser? \n \nIn this episode of Behind the Advice Australia, Runway Wealth Management’s Director and Financial Adviser, Mitchell Kelsey is joined by Adam Bolton, Financial Adviser and Director of Bolton Financial Services, to take a closer look at the Australian financial advice process and the work that sits behind the recommendations a client ultimately receives.\n \nFor an Australian living overseas, obtaining financial advice can involve additional considerations, particularly where Australian financial arrangements intersect with an individual’s overseas circumstances. The conversation explores the journey from the initial client discussion through to strategy development, research, compliance, implementation and ongoing advice, providing an insight into what clients may not always see behind the advice process.\n \nKey topics discussed include: \nThe key stages involved in obtaining financial advice and what clients can expect throughout the process;\nHow advisers assess the circumstances, objectives and financial position of a client; \nThe research, strategy development and modelling that underpin personalised recommendations;\nThe regulatory, compliance and professional obligations involved in delivering financial advice as a licensed Australian Financial Adviser; \nWhat a Statement of Advice (SoA) represents and the work required to prepare it;\nHow advice fees are structured, what clients are paying for and what happens after recommendations are accepted;\nThe additional considerations that can arise when obtaining financial advice as an Australian expat.\nThe episode concludes with a discussion covering common misconceptions about Financial Advisers, the most misunderstood aspects of the advice process and what Australians living overseas should consider when choosing a Financial Adviser.\n \nWhether you are an Australian living overseas and considering obtaining financial advice or simply want to better understand...","thumbnail_url":"https://img.transistorcdn.com/SzNwL_NUaq4cHTbtnUUptCuCKMtdvSY3lT9ux-W_S4Y/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84YWRh/MDI5YmY2OGViYTEx/ZWE3YThjZDMwZTQ2/OTU3Mi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}