Josh Hoskin Smart Money jhoskin@goldridge.co.nz

I want to start off by making it clear that any idea or opinion I express in my columns is of a personal nature.

Following on from my last article about hourly rates and financial advice, I would summarise the responses as being varied, but not very conclusive. I was going to discuss business structures that may work based on the opinions I had received, but at this stage it is still too early to tell. If you have a thought of what the hourly rate for financial advice should be, let me know. If you are uncomfortable with how or what you are paying currently, come and discuss your concerns with me today. One of the biggest reactions I have received so far is from a financial planner trying to protect their way of business, which they are entitled to do, but it does make one think.

Another question which is important for all financial planners is why do clients come to me? What service do they expect? So this week, as I try and make a difference out there in our community I need your help once more – please tell me what the main reason is you used or you would use financial planning services for:

• I like the personal service provided by my planner rather than from a bank.
• To receive an investment return that is in excess of the market or insurance product that is well worded and competitively priced.
• To have some objective adviser help me set my goals and plot my journey towards these goals.
• I would never consider using a planner.
• Other (please explain)

Please respond via email to jhoskin@goldridge.co.nz or call me on 07 571 8899.

Josh Hoskin is a member of Goldridge Wealth Management, a national financial advice network. Phone 07 571 8899 or email jhoskin@goldridge.co.nz to see us for an initial meeting at no cost. A disclosure statement is available free of charge on request.