Horvat Financial Advisors

Phone: 03 9337 2233

Fax: 03 9331 37333

Address: 1 Lincoln Road, Essendon VIC 3040

How long have you been giving financial advice?

Rudi has been providing advice to clients about financial matters for over 30 years.

Rick has been working within the financial planning industry for the last 7 years and has been able to advise on client financial matters for 4 years.

Mat, who assists both Rudi and Rick in all client matters has been a part of Horvat Financial Advisors from the beginning and is in the process completing his financial planning studies.

What kind of clients do you mostly see?

We see a broad range of clients ranging from young couples who wish to discuss their wealth accumulation and cash flow, to corporate executives who require specific advice on how best to structure their financial position, to people approaching retirement who want to maximise their position.

What are your clients mostly trying to achieve?

A greater understanding of their financial position and how they might best achieve a greater financial outcome.

Do you take a special interest in any particular types of financial products?

Our advice is strategy focussed. Once we have determined the appropriate advice for our clients, we then focus on what financial products will need to be used to ensure the client objectives are met. These products broadly relate to wealth accumulation, superannuation, insurance, retirement and estate planning.

Are there any financial products you don’t advise on?

Our license allows us to provide advice on most financial products. If you are seeking advice in relation to a product that we are not able to provide comment on, we will inform you of this restriction.

How do you go about understanding a new client?

We take the time to listen to the client and then ask a lot of questions that assist us in understanding the clients’ full financial circumstances and objectives.

How do you deal with a client who may have conflicting financial objectives?

We analyse the clients’ objectives and further understand the thought process behind their decision. We then provide options to the client that uses facts and figures so the client can make an informed decision.

What qualifications do you have?

Rudi is a Certified Financial Planner through the Financial Planning Association, a Fellow of the National Institute of Accountants and a Fellow of the Taxation Institute of Australia.

Rick is also a Certified Financial Planner through the Financial Planning Association.

How much is this advice likely to cost?

We charge on a strict fee for service model. We do not receive any form of commission or ‘kick backs’ from any product. Quite simply, we provide advice to clients based on their needs and their objectives because the client pays us, not the product. We therefore have no conflicts of interest when providing advice to clients.

A Statement of Advice Fee and Full Implementation will typically cost $3,850 depending on the complexity of the work required.

Ongoing Advice Fee including 2 annual reviews will typically cost $3,300 per year, again depending on the level of service you require throughout the year.

Just to reiterate, our fee is not based on how much money you have to invest. It is solely based on the amount of work we need to complete for you to ensure you are able to reach financial independence.

Any commission that we may be entitled to receive (as for instance from insurance recommendations) will be used to offset our advice fees.

How do you keep up to date with everything that’s happening?

We attend regular courses and seminars run by industry bodies. We are also required by our license to complete a minimum of 40 hours a year of professional training, which can either be completed in our office or again, at external courses or seminars.

For more information on making sure you get the right advice, please read this document published by the Australian Securities and Investments Commission (ASIC).

You can also find additional information on questions you need to ask your financial adviser at www.fido.gov.au