Sierra Wealth - FAQs

Anyone who wants to manage their finances more effectively and plan for a secure financial future can benefit from Sierra Wealth’s services. We work with individuals, families, and businesses of all sizes and kinds.

The first step is to book a complimentary consultation. In the meeting, we get to understand your situation, needs and goals. We will also understand and discuss your need for ongoing support and advice.

With your permission, we will then do some background research on your financial situation before outlining our proposed strategic and investment recommendations in a second, complementary meeting. We will outline how we can assist to achieve your financial goals and how you will be better off and have peace of mind. If our preliminary research suggests that your goals may be too ambitious, we will let you know and discuss alternatives.

Once you agree, we will send you a Letter of Engagement, that clearly states the scope and cost advice, for your approval. We will then complete a Statement of Advice (SOA), which provides detail on each of our recommendations, the alternatives that we considered and relevant financial projections. We will present our recommendation in a jargon free, simple-to-understand manner in the third meeting and obtain your feedback. Once you are completely understood and satisfied with the recommendations, we will then help you with all paperwork associated with the implementation of advice.

As part of our ongoing service, we will reach out to you on regular intervals to update you on the progress of your plan, changes to investment markets and regulatory environment and understand if there are any changes to your circumstances. If required, we will make changes to our recommendations to reflect such changes.

Sierra Wealth only employs qualified financial planners with years of relevant experience and industry accreditations, including Certified Financial Planner (CFP).

Sierra Wealth provides advice on a wide range of investment options, including domestic and international listed shares, listed and unlisted property and infrastructure, government and investment grade corporate bonds as well as alternative investments. We do not recommend any crypto-currencies. The specific recommendations will depend on your individual circumstances and risk tolerance.

The frequency of meetings with advisors varies on a case-by-case basis . However, most clients meet with their advisors at least once a year to review their financial plans and make any necessary adjustments.

Absolutely, we offer customized guidance on a variety of personal and business insurance, such as life insurance, income protection insurance and trauma insurance.

No, we’re an independent financial planning firm without affiliations with financial institutions.

Sierra Wealth is regulated by the Australian Securities and Investments Commission (ASIC) and is a member of the Financial Planning Association of Australia (FPA).

Sierra Wealth’s investment philosophy is based on the belief that a disciplined, evidence-based approach to investing leads to better long-term outcomes for clients.

Sierra Wealth prioritizes risk management using a data-driven, evidence-based approach to investment management, including risk modeling and ongoing portfolio monitoring and adjustment.