Financial planning is the process of developing strategies to help you manage your financial situation so you can create and protect wealth, enjoy life and achieve financial security. A financial plan is developed specifically for each individual’s needs, aspirations and attitudes towards investing. Its aim is to optimise your income, debt and taxation positions.

Campbell Financial Group has evolved out of the former Edplan consultancy, which specialised in providing tailored, financial advice to teachers for some three decades. We established ourselves as the ‘expert advisers’ to the teaching profession —with particular expertise in maximising benefits through superannuation and salary packaging. This expertise in understanding the needs of specific industries led to many clients from outside the teaching profession approaching us for financial guidance and in recent years we have expanded our services to other sectors within the public sector, as well as the private sector. The teaching and education sectors will remain a priority for the Group.

We offer a four-step process to developing a comprehensive financial plan that is tailored specifically to your needs.

Step 1 – Getting to know you and understanding your needs
Before the initial meeting, we’ll send you our “About you” form for you to complete and send back to us before the initial meeting with any other relevant information. This allows us to prepare in more detail for the meeting.

Our initial meeting is all about getting to know you, giving us a clear picture of your current position and your personal and financial goals. We will bear the cost for the initial consultation.

If you do proceed, we will discuss the fees involved with the preparation of a plan, which will depend on the level of consultation and your specific financial requirements.

Step 2 – Presenting the plan
A follow-up meeting will then be arranged where we present our plan based on what was discussed at the initial meeting. We will present strategies and products designed to meet your financial objectives. This is called a Statement of Advice. We will present you with a range of supporting material that explains the strategies and investment concepts, along with Product Disclosure Statements for any recommended products in your financial plan. These outline the risks, costs and fees involved with the specific products recommended. Our aim is to be totally transparent and up-front so that you are in the best position to make decisions about the plan presented. Once you have reviewed the plan and advised us of any adjustments, we will finalise the plan and complete the agreement.

Step 3 – Putting the plan into action
Once you are happy with the contents of the plan, we move to the implementation stage. This could involve changes to your existing investments as well as implementing new investment strategies.

Step 4 – Regular Reviews
Financial planning is an ongoing process that is built on establishing a strong relationship with you. We will review your plan regularly, adjust it according to your circumstances or opportunities that may arise in the economy, financial markets or taxation system. You will always be able to call and speak to your dedicated advisor, and all adjustments and new investments will be fully discussed and agreed upon before implementation.

We offer products that have a proven track record and that in our professional opinion will meet your needs and objectives, but you are under no obligation to purchase them. In our meetings we will discuss your own investment philosophy and appetite for risk and present products based on those discussions.

Our common goal is to build our clients’ wealth while also protecting their savings, so our investment policies vary to meet the specific needs of each client. Our design of each plan will take into account your financial objectives, tolerance for risk, needs for current income or liquidity, and special considerations such as taxation benefits. The plans that we recommend have a preference for a diversified, well-balanced portfolio offering capital stability, regular income generating potential and tax benefits. The most effective plans have a long-term focus, but if short-term opportunities arise as a result of market conditions, we will present these to you for your consideration.

Yes, that is a fundamental part of what we offer – a financial plan that is designed to be flexible enough to meet your changing needs. While best investment returns usually come from longer-term investments, we understand that changes might occur as a result of your family, work or the economic situation, and we will work with you to alter your plan to meet those immediate requirements.

The Financial Services Guide (FSG) is designed to help you decide whether to use our services. It contains information about the financial planning and advisory services that Campbell Financial Group Pty Ltd provides. It also describes how we and your adviser are paid and what you can do if you are unhappy with our services. It should be read in conjunction with Part Two that contains information about your adviser and the services they can provide to you.

Download the Financial Services Guide (PDF) here