Why Choose Us

We Are Truly Unique

There are only 6 truly independent advisers in WA and 62 independent financial advisers in Australia. We are the ONLY Independent Advice Professionals north of the Swan River WA, awarded with the Gold Standard of Independence.

THE REASONS WHY 

  • Most advisers choose to profit from increases in clients' portfolio values & insurance premiums due to commissions - We Do Not

  • Our advisers provide unique insight by combining goal based advice with advanced tax strategies.

  • We love helping our clients save on investment and superannuation fees by cutting out the middle man.

  • Mick Steffan is a founding member of the Profession of Independent Financial Advisers (PIFA)

  • We adhere to strict ethical standards set by the Professional Standards Councils (PSC)

  • We have gathered a team of Subject Matter Experts who are extremely knowledgeable in their field of expertise.

  • We are operating through an exclusive Client PACT Program which is unique to WA!

That means that our way of providing our services is different than 99% of the other financial advisers as our priorities unfold in the following order:

  1. The impact of our services to the community first

  2. Then our exclusive community of PACT Clients

  3. Followed by our professional associations

  4. And lastly our profitability

Furthermore, to continue to meet the definition of the profession Mick also requires to: 

  1. Operate at a higher level  than what is required under the Financial Advisers Standards and Ethical Authority (FASEA) standards of level of education including additional ongoing professional development. 

  2. Commit to prescribed professional and ethical standards including specific expectation of practice & conduct and a commitment to higher duty to improve consumer protection and outcomes. 

  3. Meet certain personal capabilities of experience in the financial planning industry. 

  4. Be subject to additional ongoing assurance of practice through compliance and audits.

  5. Be subject to strict guidelines and principles set by his professional entity, PIFA, which oversees and administrate the standards & compliance requirements under the Professional Standards Legislation. 

Our Approach - High quality Sensible & appropriate advice, Free from institutional bias, Putting Clients' Interests First.

The Proof is
in The Pudding!

Research shows that those who obtain advice accumulate 3.9 times more assets after 15 years than those who make their own decisions. At IAWA, we are happy to say that we do even better than that!

THE VALUE OF FINANCIAL ADVICE 

A recent report from Rise Warner, commissioned by the Financial Services Council concludes that the value of financial advice consists of 3 categories:

 

01.

TANGIBLE VALUE

The quantifiable financial benefit that individual gains through advice, expressed in terms of wealth.

02.

INTANGIBLE VALUE

The non-quantifiable and non-financial benefits provided through advice relationships, for example being stress-free.

03.

ECONOMIC VALUE

The benefits which flow to the broader economy, through greater use of advice, for example, more confidence, less reliance on government support services.

THE VALUE OF OUR FINANCIAL ADVICE 

The Report also states that the Tangible Value of an average financial adviser in Australia is estimated to be around 3% per year.

The results of our PACT client Program does better than that with a current added Tangible Value of 4.51% per year!

Here is an illustration of what that actually means using a real PACT Client data with a net starting wealth of $4,2 million:

In conclusion, by getting Comprehensive Financial Advice using our PACT Program, this client is now $1.2 Million wealthier and 100% happier. Here is what he says about us:

I appreciate Mick's honesty and I am very satisfied with the status of my financial affairs including my wealth growth.  I feel very secure that all my finances are taken care of with Mick as my executive financial officer and his team of subject matter experts.

"

By engaging us as your financial CEO, you are guaranteed to be aligning your financial choices to your most important goals and your most deeply held values.

What is the
PACT Program?