AdWiser

15/07/2021

Top rated financial adviser profiles now viewable on AdWiser.co.za

22/01/2021

A simple check on AdWiser would show whether an adviser is even registered with the FSCA, as well as any validated client feedback for registered advisers. Use only trusted advisers!

The FSCA warns the public against doing any financial services business with Keenan Ebden Financial Services.

17/12/2020

Many things have changed this year, some will never change back - Have you heard from your adviser to review your plan this year? Give them feedback on https://adwiser.co.za and let them know how you rate their service.

02/11/2020

Do you trust your financial adviser? Share your story in the comments.. 😭 for NO and ❤️ for YES

30/09/2020

Does your financial adviser tell you everything they should? How do you know? Use our handy checklist to make sure you dont miss anything and use AdWiser to rate how your adviser performed on AdWiser.co.za (link to checklist in comments)

01/09/2020

Don't play a game of chance when selecting a Financial Advisor!

Your choice of financial adviser is one of the most significant financial decisions you make in securing your financial freedom. At best, you have a great relationship with clear communication and responsibilities, leading to a successful outcome for you. At worst, you feel like you have been totally cheated and misled. Is it purely a matter of chance?

The majority of people find their adviser one of 3 ways:
Personal referral - this is often viewed as the best way, and probably how most people find an adviser.
Find your own - you can google advisers and research social media or even sites with paid profiles for advisers, or walk into almost any bank who will have an advisory service.
Cold call - if you wait long enough, you will receive a call from an adviser looking to help you.

Each of these has pitfalls. Your situation is unique, and the adviser may or may not have the skills you need, and the relationship aspect cannot be replicated. What worked for Bruce at the braai may not be the approach that you want or need. How do you even know the adviser is who they say they are? So many horror stories out there...

Most people end up taking a combination of these methods and meeting with multiple advisers to decide which one they want to go with. It's a complicated dance where the adviser is also committing their time to see if it's going to be worth it for them to do business with you.

You may end up meeting with 5 or more advisers in the process before selecting one. Given the number of advisers in the country (more than 150k) surely these are not great odds? If you make a bad choice, then it becomes even harder to find the right one, as you have to roll the dice again as well as try and exit your current arrangement.

This is why you need to visit Adwiser.co.za

With 150K+ Financial Advisers loaded on the online platform, Adwiser makes the selection of an adviser an easier and more informed process.

You, the potential client, can view adviser profiles and other client testimonials with a powerful filter tool allowing you to consider geographic location, ratings and or by what service you require.

So head online to AdWiser.co.za and review your current adviser there and learn more about their obligations in the planning process.

01/09/2020

Your first meeting with an adviser - trust your spidey sense!

Meeting your financial adviser for the first time can be quite overwhelming, even more so in the post COVID times where a face to face meeting isn't always possible. You are both under pressure to establish a working relationship in a short time, and it's easy to skip over some of the steps which may come back to haunt you later.

For the adviser, this is a sales meeting. The outcome is to convert you into a customer, and you need to understand that perspective whilst focussing on your own outcomes. Most likely, you will be seeing a few advisers before making your decision, and it's important for you to make the right decision, but based on the facts as well as the feelings.

So what should you gather from your first introductory meeting? The info that you should have to make an informed decision falls into 4 basic categories:

What your adviser has to tell you
Your adviser has to tell you who they represent, and which companies products they are able to sell. This information is in the form of a statutory disclosure which will include the employers details. (this is important because?)

What your adviser should tell you
Apart from the mandatory disclosures, your adviser should give you an indication of how they work, including the planning processes they use, how they charge and the ongoing support they offer.

What your adviser should not tell you
Promising investment returns is probably the biggest red flag you should be aware of, because advisers don't control investment outcomes. Even statements such as “I can do the same for you as I did for Bruce” (the guy at the braai) are problematic!

How your adviser makes you feel
From personal appearance, timeliness and your immediate rapport or lack thereof - you will get a sense of what it will be like working with this person. You need to listen to your gut. Advisers are people too and have ways of working that may or may not work for you - some are highly technical and might bore you in the technicalities, and others are more relationship-centric and will coach you through your financial journey.

The most important takeout from all of these considerations is that you have a clear expectation of what will and will not be provided by your adviser and that this understanding is a shared one.

This shared understanding of expectations is the most important predictor of a successful advice outcome.

30/08/2020

Rolling dice, there is less than a 3% chance of rolling a double six.

Don't play a game of chance when selecting a Financial Adviser!

Visit www.adwiser.co.za to find the right Financial Adviser for your needs.