Financial Advisor Sydney


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How Financial Planning
Can Help You

When it comes to being able to live the life you want, money has a life-changing impact. Your financial position can either open doors for you, or it can be an obstacle to doing the things you want to do. This is why being thoughtful and strategic about your finances is so incredibly important. Working with a financial advisor will give you peace of mind that you will be able to afford to live the life you want to live.

We believe that financial advice should be for everyone. Have you asked yourself these questions?

  • Are you maximising your future retirement?
  • Do you have a clear understanding of your financial position?
  • Do you understand how to maximise your wealth and superannuation?
  • Should you be investing in property or shares?
  • Are you making your money work for you?

Determining Your Objectives for Financial Guidance

How financial planning can help you

Financial planning can help you enhance your financial position and gain the life you want. Financial planning is the process of working with a financial advisor to create a roadmap so you can make strategic and informed decisions today so you can achieve financial independence in the future. A good financial planner will be able to assist you in identifying your goals and chart a path to achieving them.

What financial independence looks like will vary for each individual, however, by working with an expert to develop a financial strategy, you’re far more likely to achieve your long-term financial objectives. This can be truly life-changing.

Why Work With A Financial Advisor?

Most Australians will spend the majority of their lives working hard to earn an income, only to find they end up in a financial position that is not where they want to be. They may be forced to compromise on their goals because they can’t afford them, such as upgrading their home or going on overseas holidays.

When it’s time to retire, many Australians will be forced to significantly downgrade their lifestyle. Most Australians will fall seriously short of the savings they will need to fund a comfortable retirement. The Association of Superannuation Funds of Australia (ASFA) estimates that a couple looking to have a comfortable retirement will need approx. $70,000 a year. This requires a lump sum of approximately $1,400,000 at retirement in order to produce that income on an ongoing basis (assuming no government support, nil taxes, 9% rate of return, 3% inflation and 1% fees). However, the average superannuation balance for men and women between 60-64 is $403,838 and $318,203 respectively. This challenge can be further compounded should you experience health issues or need to access aged care services down the track.

When all your hard work doesn’t lead to the financial independence you’ve hoped for it can be a devastating outcome. The good news is that this is largely avoidable. Financial planning can help bridge the gap between where you are and where you want to be.

“Simply earning an income and paying off your mortgage typically won’t be enough to achieve financial independence.”

 

Engaging a financial advisor, ideally as early as possible, will allow you to understand and action the things that you need to be doing to achieve the financial outcomes that you want to achieve. Simply earning an income and paying off your mortgage typically won’t be enough to achieve financial independence. You need to be building a portfolio of other investment assets such as shares, investment properties and super. A financial planner will guide you on how to do this successfully.

Most of us don’t have the time or resources to study the intricacies of financial markets or the tax system. Financial advisors have this knowledge and expertise, and so can help you navigate the complexities to secure the maximum benefits for your circumstances.

My experience with David, Ethan, and the whole team at Montara Wealth has been positive right from our initial consultation.

January 2021

It’s been a great experience dealing with Montara. David & Ethan are a pleasure and are very professional in their engagement.

January 2021

If you have ever considered speaking with a financial adviser (or even if not) I would highly recommend not putting it off any longer and speaking with David and his team at Montara Wealth.

January 2021

David and the whole team did a fantastic job sorting our my finances and building me a roadmap.

January 2021

David, Ethan and the team are professional, thorough and highly knowledgeable. They have delivered advice which has helped us achieve our immediate goals while maximising our long term strategy. I would highly recommend.

January 2021

Loved working with both David and Ethan. They have certainly helped me with my financial decisions and a plan for the future. Highly recommend the Montara team.

April 2022

For the past 11 years, Montara Wealth have provided me with strategic financial advice concerning my retirement planning and property investments.

April 2021

Montara Wealth really helped me to sort out my finances and find direction with my financial goals. They are kind and always happy to answer any questions.

August 2022


Financial Planning For Your Life

In your life you will be faced with several significant financial decisions that can have a life-changing impact such as purchasing your first home, sending your kids to private schools, supporting your elderly parents with aged care services, funding your retirement and more.

By having a financial strategy or financial plan in place, you can take away a lot of the guesswork. By having visibility of what you need to do and when, you gain the confidence to take action and achieve your financial goals. Working with a financial advisor will give you an expert perspective and take the emotion out of these crucial financial decisions. They will look at the raw numbers, cash flow figures and future projections to enable you to make the best financial decisions to achieve your goals. You can have confidence that you’re on the right track, rather than simply guessing or hoping for the best.

Book My Free Consultation Today

In this meeting, we’ll get to know you, ask you about you and your goals and answer any questions you may have. We’re based in Sydney but work with clients all over the country.

We present you with an upfront fee proposal. If you’re not 100% comfortable, you’ll have invested nothing but your time.

In this meeting, we dig deeper to discuss your hopes and dreams, and what financial security or financial freedom looks like for you. We discuss your specific financial goals and how to get there.

We prepare several financial models bespoke to your individual circumstances to show you various options to unlock the future you want, outlining what those options would involve today regarding share investing, property investing, super, insurance, estate planning and more.

These models will allow you to see how the decisions you make today will impact you from a cash flow and wealth perspective, giving you the confidence to take action with a certain pathway.

We’ll develop a formal statement of advice (SOA) for you to review. This contains our formal financial advice. The SOA will set out everything we’re going to do for you to help you achieve your financial goals.

We’ll prepare all the necessary documents for you to sign and send these to you electronically to make the process as easy as possible.

We implement your financial plan including advising on investment strategy, handling cash flow planning, and liaising with your financial institution or third-party service providers who need to be involved in executing your plan. You’ll be involved at every step, but we’ll do the heavy lifting to make things happen.

We’re helped in this by having ready access to the expertise of our sister companies property research firm Binnari Property which specialises in property investment and mortgage broking company Orium Finance which specialises in securing finance.

We work with you to refine and update your financial strategy as your goals or needs change. We’ll work with you to ensure it's kept up to date and applies to your current financial situation.

How Does It Work?

A good financial planner will start by working with you to understand the life you live today and the life you want to live down the track. They will ask you a series of questions about what’s important to you and your family.

Once they have a good picture of your goals, they will map your current financial position, including your cash flow and future wealth position. They will then model various scenarios where different decisions are made, such as upgrading the family home or paying for private school fees, and develop and compare strategies to fund those decisions.

They will take into account your risk appetite, how ambitious your goals are and how far away you are from retirement when determining whether a conservative or more aggressive investment strategy may be required, how much you may need to save, how your spending may be impacted or how much debt may need to be paid down. This process is collaborative and is based on outcomes, not selling financial products.

Montara Wealth is an award-winning financial planning firm with a team of the best financial advisors in Sydney. We take a highly personal approach to financial planning, navigating the variables and the individual factors to tailor a plan that works for you. Here’s how we work with you:

 

Contact Us Today For Your Complimentary Chat

Our Sydney financial advisors Guide You To A Financially Secure Future

Great financial planning begins with developing bespoke and holistic financial strategies to achieve your long-term objectives – not trying to flog a service or product. Montara Wealth’s process is collaborative and is solely focused on you, so the advice outcomes will be a combination of your desires and our expertise.

The financial advice industry has traditionally been heavily aligned with banks and large financial institutions. As a result, there has been an emphasis on pushing financial products over providing bespoke advice. As an independent financial planning firm, Montara Wealth only recommends financial products that make sense for your specific financial strategy. We are entirely focused on helping you achieve your aspirations and goals, and work backwards on which financial products are the right fit from there.

Meet our Team Of Financial Advisors

Our team of financial experts based in Sydney has extensive experience and expertise in delivering financial advice. Our expertise in financial planning extends from simple financial planning for individuals to complex business financial planning.

Our financial advisors are among the best financial advisors in Sydney. With a unique approach and dedication to getting excellent results for our clients, you’re in good hands.


David Hancock

David Hancock is a Director and Senior Financial Planner at Montara Wealth based in Sydney. His role is to oversee the running of the business and ensure the delivery of exceptional service and strategic based advice to clients.

David has extensive experience providing financial advice to organisations and individuals across Australia and the UK. His expertise has seen him featured in various media publications including the Australian Financial Review, Daily Telegraph, Herald Sun and news.com.au

In addition to David’s financial planning role, David is also a Director of the property research company Binnari Property. Binnari was founded in 2012 to provide highly researched and ethical property investment solutions to clients who require property investment as part of their investment strategy.

Outside of the businesses, David enjoys spending time with his family, keeping fit and going out for a good meal with friends. David also likes to dedicate part of his time to charity work, including driving charity initiatives with organisations such as Kookaburra Kids, Starlight Foundation and Birds of Passage.

Ethan Stein

Ethan Stein is a Financial Advisor at Montara Wealth based in Sydney. His role is to build out exceptional strategic advice for clients centred around their financial and lifestyle goals. He also acts as a mentor for other staff as they develop their careers. Ethan is passionate about establishing financially dynamic, long-term strategies for his clients.

Ethan is authorised to give personal financial advice under the Montara Services Pty Ltd (Australian Financial Services Licence number 526747). His ASIC Authorised Representative identification number is 1296175. In his role, he outlines strategies personalised to each client, and then with the assistance of the Montara Wealth team, helps clients implement their strategy for the best long-term results.

Having spent his childhood in the Blue Mountains, Ethan is a keen adventurer and can often be found mountain biking, kayaking, exploring or skiing with his mates. When he isn’t on the go, he enjoys a good dinner and drinks with family and friends or heading out to support the Penrith Panthers.

Ethan holds a Bachelor of Commerce majoring in Financial Planning and Minoring in Accounting. He has extensive experience in business finance and the financial services sector.

What Sets Us Apart?

We look out for you

Our approach to financial planning is completely centred around you. We develop a tailored and holistic financial strategy built around your objectives, current financial position, cash flow and risk appetite to help you achieve your specific financial goals.

Financial strategies grounded in research and tailored specifically for you

The customised financial plan we build for you is grounded in extensive research and insights into the state of financial markets, regulation and the tax system, as well as data-driven models and projections.

We are not just financial planners; we are life planners

At Montara Wealth we believe that a sound financial plan is essentially a life plan. Your goals in life are made possible through strategic financial decisions. That’s why we focus on your specific financial life goals and develop a financial strategy to meet those goals, not the other way around.

We empower you

We take the guesswork out of financial planning, so you can feel confident in your financial decisions. Our team is skilled in financial models and investment strategies, which enables us to offer excellent financial planning advice and recommendations, empowering you to make the right financial decisions.

We provide reliable advice

Whether you’re looking for retirement planning, wealth management, investment advice, or asset allocation, our team of experts has the experience to provide custom-tailored solutions that suit your needs. By partnering with us, you can be assured that you’re receiving the highest level of expertise and support available in the financial industry. We have an excellent track record of success with clients.

We offer clarity, empathy & value

The unique financial modelling process we undertake provides you with the clarity and confidence to move forward with financial decisions.
We take an empathetic approach based on understanding your dreams and goals and helping you get there.
We’re confident that our holistic and tailored approach to developing your financial strategy represents a fantastic long-term investment.

We provide a free, no-obligation consultation

The first step in our process is a free, no-obligation consultation. We are based in Sydney but work with clients all over the country.

In this complementary meeting, we discuss your goals, learn more about you and answer any questions you may have. This is a great opportunity for you to learn about what may be possible and how we can work together.

How We Can Help

Turn your goals into a well-defined plan

Through a highly collaborative process, we learn about your financial goals and aspirations and turn them into an action plan. This involves modelling various scenarios for comparison and developing a statement of advice (SOA) containing our formal advice. The SOA will outline our recommendations for how to achieve your financial goals and how we will help you get there via various avenues including cash flow managementshare investing, property investing, superannuation and more.

 

Execute an investment plan

At Montara Wealth we will look at your current investment strategy and explore ways this can be enhanced, or if you’re new to investing create a new investment plan. The investment plan will outline our recommendations for how you should invest including through share investing, property investing, SMSFs and more.

Develop your property plan

If you’re interested in investing in property as part of your wealth strategy, we can help. We have supported many clients to build an investment property portfolio, upgrade their family home, purchase their first home or buy an investment property. Through our financial strategy process, we will identify your property objectives and put in place the strategies to help achieve them. We’re assisted in this through our sister company, property research firm Binnari Property.

 

Achieve your dream retirement

Our team can unlock your future retirement goals and objectives and help you chart the best way to achieve them. Retirement goals will be different for everyone. We work closely with you to understand what a dream retirement will look like for you and help you get there.

Create your wealth management plan

At Montara Wealth, we create a wealth management plan for you that ensures you’re building wealth without needing to put in extensive time or effort on your part. We take care of everything while you focus on the more important aspects of your life such as your family, friends and work. You can go about your life, with the confidence that there is an action plan in place to meet your wealth goals.

 

Optimise your tax & superannuation

Our team has years of experience in the intricacies of tax and superannuation systems. We will ensure you’re maximising your position and your strategy is as tax-efficient as possible.

Our Services

Cash Flow Management

At Montara Wealth, we believe that a solid financial strategy is built on a foundation of understanding your current and future cash flow. We take the time to learn how you manage your daily finances so that we can develop a plan that is realistic and achievable.

Sometimes, an investment strategy may seem feasible at first glance, but a closer examination of projected income and expenses can reveal a different story. For example, clients who are planning to start a family may not have factored in the reduced income they will experience during maternity/paternity leave or the potential cost of childcare when they return to work.

In addition to understanding how your income and expenses may change over time, we also work with you to develop strategies for tracking and managing your daily finances. This helps you to stay on budget and reach your financial goals.

Personal Wealth

At Montara Wealth we work closely to understand your personal wealth goals and help you achieve them. Personal wealth encompasses various elements including share investing, property investing, debt minimisation, super, insurance and estate planning.

Share Investing

Many Australians find share investing to be daunting and confusing and find they get mixed results. At Montara Wealth, we believe that everyone should have access to the knowledge and resources they need to invest in shares with confidence.

We work with you to educate you on the risks and rewards of share investing, and how to develop a diversified investment strategy that meets your individual needs. We take a transparent, efficient, and effective approach to share investing, so you can focus on your financial goals.

Property Investment

Property investment is a complex journey, but it doesn’t have to be. We work with you to tailor a strategy that aligns with your unique goals and risk tolerance.

When it comes to purchasing that first property, some clients prefer the pathway of owning their own home, while others are drawn to the efficiency and potential returns of investing in a rental property. With careful planning and execution, both paths can lead to financial success.

Before making any property investment decisions, we’ll help you understand the potential costs, risks, and tax implications of your chosen strategy. This knowledge gives you the confidence to move forward with informed choices.

We’re also supported by our sister company, property research firm Binnari Property.

Estate Planning

Planning for after you pass away can be a difficult topic to confront, but it is essential to ensure that your loved ones are taken care of after you are gone.

Estate planning ensures you have a plan in place for who will inherit your assets. More importantly, if you have a young family it will also determine who will look after them if the unexpected were to happen. By putting an estate plan in place, you can provide comfort and clarity for your grieving family and friends, as well as guidance for your appointed advisors.

The team at Montara Wealth can help you work with your legal advisors to create an estate plan that meets your specific needs and ensures that your wishes are carried out.

Personal Tax

Any wealth strategy must factor in the personal tax implications concerning income tax, capital gains tax, negative gearing, and tax on concessional and non-concessional contributions to super. This can impact your cash flow significantly so it’s important to understand this from the outset.

At Montara Wealth, we understand the tax system inside and out and ensure that tax minimisation, optimisation and efficiency are built into your strategy, without compromising on your wealth goals.

Superannuation

Many Australians lack a deep understanding of their superannuation, including their investment performance and ongoing fees. This is concerning, given that super can make up a large portion of an individual’s net worth. Taking a proactive approach to managing your super can make a significant difference to your retirement savings.

This may involve reviewing your cost structure, implementing an investment strategy, or even considering a more flexible structure such as a Self-Managed Super Fund (SMSF). As with any investment, it is important to develop a long-term strategy for your super which is where we can help.

Self-Managed Super
Funds (SMSFs)

If you’re interested in establishing an SMSF or you already have one in place and need support with your investment strategy we can help.

SMSFs can invest in a wider range of assets, including property, which may suit some individuals’ investment goals. Having more choice over how you invest for your retirement can be a great option.

Debt Advisory

When it comes to debt, it’s important to be strategic about when to consolidate or restructure debt, when to pay down debt, and when to leverage debt to serve your investment goals.

We can help you review your debt obligations, restructure debt arrangements, and seek finance to support your wealth goals in the most tax-efficient manner.

We partner with professional mortgage brokers and can work with them to assess your finance and borrowing needs.

Insurance Services

Most people insure their homes and cars against unexpected events but often neglect to protect their most valuable asset: themselves. The fallout and costs of not taking out adequate insurance can be life-changing.

At Montara Wealth, we help you develop personalised insurance strategies including life insurance, TPD, income protection and more that take into account your individual needs and risk tolerance. We understand that there is no one-size-fits-all solution, and we work with you to find the right balance of coverage and cost.

Financial Planning Resources

If you want to learn more about financial advice and wealth creation we regularly share tips through various resources including our blog.
We regularly share news and insights on financial strategy, market predictions, economic trends and personal finance tips at the Montara Wealth blog.

We Work With People Like You

At Montara Wealth we work with individuals, couples and families based in Sydney or across Australia to achieve their wealth goals. If you’re looking to improve your financial position and chart your way to financial independence, we can help. We work with clients at all stages of their wealth journey, from wealth accumulation to retirement. You don’t need to be wealthy to engage us, you just need to be ready to take the next step in your wealth journey.

How Our Financial Planning Service in Sydney Aligns with Your Needs

At Montara Wealth, our approach to financial planning starts with understanding your specific needs. Whether you’re looking to invest or fund your retirement, we identify your goals and develop a tailored strategy to meet them.

When you meet with our team in Sydney, it should immediately become clear that we’re different from other financial planners. We get to understand your specific financial situation and develop a customised and holistic strategy that aligns with your unique needs.

Find A Financial Advisor

When looking for a financial advisor it’s important to consider their track record, experience, independence and approach.

It’s important to find a financial planner who has your best interests at heart, who you can trust and who you feel comfortable with. That trust and rapport will help when it comes time to disclose your financial information and share your dreams and goals with your financial planner.

At Montara Wealth we are independent, authentic, empathetic, holistic and knowledgeable. We develop trusted, long-term relationships with our clients.

My experience with David, Ethan, and the whole team at Montara Wealth has been positive right from our initial consultation.

January 2021

It’s been a great experience dealing with Montara. David & Ethan are a pleasure and are very professional in their engagement.

January 2021

If you have ever considered speaking with a financial adviser (or even if not) I would highly recommend not putting it off any longer and speaking with David and his team at Montara Wealth.

January 2021

David and the whole team did a fantastic job sorting our my finances and building me a roadmap.

January 2021

David, Ethan and the team are professional, thorough and highly knowledgeable. They have delivered advice which has helped us achieve our immediate goals while maximising our long term strategy. I would highly recommend.

January 2021

Loved working with both David and Ethan. They have certainly helped me with my financial decisions and a plan for the future. Highly recommend the Montara team.

April 2022

For the past 11 years, Montara Wealth have provided me with strategic financial advice concerning my retirement planning and property investments.

April 2021

Montara Wealth really helped me to sort out my finances and find direction with my financial goals. They are kind and always happy to answer any questions.

August 2022

Speak to our team today to start planning your financial future.

One of our advisors will contact you to discuss the following:

  • Get to understand you and your key objectives
  • Take you through Montara’s approach to developing your financial strategy and how we can assist you
  • Run through any potential costs that would apply if you choose to work with us

We look forward to hearing from you – please enter your details and we’ll be in touch shortly!

Contact form

Check The Financial Services Guide

This Financial Services Guide (FSG) contains information that will help you decide whether to use the financial services we offer. It sets out:

  • who we are and how we can be contacted,
  • the advice and services we provide
  • information about our licensee Montara Services Pty Ltd
  • our fees and how we, your advisor and Montara Services, are paid in connection with those services
  • how we manage your private information
  • how you can complain about a matter relating to us or Montara Services.

Please take the time to review our Financial Services Guide before engaging our services.

What Are Your Financial Planning Fees?

What Does A Financial Planner Do?

Do I Need To Be Wealthy To Get Financial Advice?

When Should I Seek Financial Advice?

How Much Does A Financial Planner In Sydney Cost?

Where Are You Located?

 

Financial Advisers & Planners – Hire Fee Based Best Financial Advisors – Estate Planning Firms,
Wealth Management & Advice Experts, SMSF Specialists- Financial Consultant & Strategy that
is Best for You in Bondi, Balmain & Sydney – Montara Wealth

 

Suite 1, Level 6/309-315 George St, Sydney NSW 2000 | GPO Box 4473, Sydney NSW 2001
Montara Wealth Pty Ltd, ABN 14 625 010 344 is Corporate Authorized Representative of Montara Services Pty Ltd Licence No. 526747

Privacy Policy | Licensing Disclaimer | Financial Services Guide | Advisor Profile

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Financial Advisers & Planners – Hire Fee Based Best Financial Advisors – Estate Planning Firms,
Wealth Management & Advice Experts, SMSF Specialists- Financial Consultant & Strategy that
is Best for You in Bondi, Balmain & Sydney – Montara Wealth

 

Suite 1, Level 6/309-315 George St, Sydney NSW 2000 | GPO Box 4473, Sydney NSW 2001
Montara Wealth Pty Ltd, ABN 14 625 010 344 is Corporate Authorized Representative of Montara Services Pty Ltd Licence No. 526747

Privacy Policy | Licensing Disclaimer | Financial Services Guide | Advisor Profile