How it works
How financial advice works at Channel Wealth
Working with Channel Wealth starts with a conversation, not a sales pitch. We talk through your goals and whether we’re the right fit. If we are, we gather the detail, build your strategy and put it in writing in a Statement of Advice. Nothing is implemented until you agree. Then we keep reviewing the plan with you as life changes.
1. A conversation
We chat through your goals, your current setup and whether we’re the right fit. No pressure, no pitch. In person at our Cronulla office, or by video, whichever suits you.
2. Your strategy
If we decide to work together, we gather the detail: income, spending, super, debts, investments and what matters most to you. We agree concrete goals, then model the options to find the most direct way to reach them.
3. Statement of Advice
Your recommendations are set out in a Statement of Advice (SoA): what we recommend, why, the risks and every cost. We walk you through it and answer your questions. Nothing is implemented until you are comfortable and have agreed.
4. Putting it in place
We handle the paperwork and coordinate with your accountant, broker or solicitor where needed, so the plan actually happens.
5. Ongoing advice
Life changes, and so should your plan. We review your progress regularly, adjust the strategy as your income, family and priorities change, and are there when a big decision comes up.
FAQs
Common questions
How long does the whole process take?
Typically a few weeks from the first conversation to a Statement of Advice, depending on how quickly we can gather your information. Implementation follows once you approve the plan.
What information will you need from me?
Things like your income, expenses, super statements, loans, investments and insurance. We give you a simple checklist after the first conversation, and help you fill the gaps.
Do I have to go ahead after the first meeting?
No. The first conversation is simply to see whether we can help. There is no obligation.
Let’s start with a conversation.
We’ll chat through your goals, your current setup and whether we’re the right fit. No pressure, no pitch.