Can I talk to a financial advisor for free?
Financial advisers typically provide investment advice and financial planning at a cost. However, they sometimes offer an initial consultation free of charge. via
Do banks offer free financial advice?
Many banks provide the option to use their financial advisors for your investments. Note that your bank advisor is not a free financial advisor. Generally, there is a minimum amount that they want you to continue to have invested through them to maintain the services. via
Does Centrelink provide financial advice?
Centrelink offers free money advice
Fortunately, Centrelink runs a Financial Information Service (FIS) via seminars, one-on-one appointments or telephone discussions. Independent officers can help you with financial information to enable you to make informed investment decisions. via
Can you give free financial advice without a license?
All states have a prohibition against practicing law (giving legal advice or providing legal services) without being licensed with the State Bar. Clients should be encouraged to seek legal counsel from an attorney who specializes in the specific field of law the client is dealing with. via
Can I get free financial advice?
If you are looking for financial guidance, instead of advice, you could contact a free, impartial organisation that specialises in financial guidance, such as the Money Advice Service. On this page you can find information about: types of financial adviser. via
How can I get free pension advice?
How to get your free Pension Wise appointment. Or, you can book a free Pension Wise appointment over the phone, by calling 0800 138 3944. It is a structured 45 to 60-minute guidance appointment. via
Can financial advisors steal your money?
If your financial advisor outright stole money from your account, this is theft. These cases involve an intentional act by your financial advisor, such as transferring money out of your account. However, your financial advisor could also be stealing from you if their actions or failure to act causes you financial loss. via
How do I get a free financial advisor?
How much money should you have before hiring a financial advisor?
Many Advisors Require a Minimum of $100,000 in Investible Assets. Some advisors have minimum asset thresholds, which typically start at $100,000 — though some may require a minimum of $500,000 or even $1 million. via
Can I get free financial advice from Centrelink?
Centrelink Financial Information Service is a free and independent service available to anyone. You can book into a Financial Information Service Seminar or you can make an appointment for an interview with a Financial Information Service Officer. via
How much money can you have and still get the pension?
A single homeowner can have up to $588,250 of assessable assets and receive a part pension – for a single non-homeowner the lower threshold is $804,750. For a couple, the higher threshold to $884,000 for a homeowner and $1,100,500 for a non-homeowner. via
Is it worth paying for a financial advisor?
The Vanguard Investments study found that financial advisers could add a potential 3% increase in net returns for their clients through a combination of sourcing lower cost investment tools, managing asset allocation, helping clients devise and stick to a financial plan, and other tactics. via
What qualifies financial advice?
In section 1 of FAIS, "advice" means “any recommendation, guidance or proposal of a financial nature furnished by any means or medium to a client in respect of purchasing any financial product, or in respect of the investment in any financial product or on the conclusion of any other transaction including a loan or via
Is it illegal to tell someone to buy a stock?
1 Answer. Yes, this is prohibited by the Securities Exchange Act of 1934, Section 9(a)(2). via
Who needs a Series 6 license?
However, a Series 6 license is all that some financial advisors, investment advisors, and retirement planners need. Such advisors may only need a Series 6 license if they just sell insurance, annuities, and certain types of mutual funds, not individual stocks. via