In 2023 after 8 years in the industry I embarked on the journey to become a registered Financial Adviser. Completing my professional year in early 2024 was a significant milestone, since then I’ve had the privilege of directly helping people from all walks of life in navigate the complexities of personal finance. The journey so far has been rewarding but not entirely what I expected it might be.
A year on one thing stands out more than most, financial understanding and literacy varies greatly among individuals. Many people are paralysed by the fear of making mistakes and worry about peer judgment. Taking the first step to seek advice, whether financial or otherwise, requires courage and bravery. It’s perfectly okay not to know everything and to have different circumstances or outcomes compared to those around us. The grass isn’t always greener on the other side; it’s likely just a different shade of green.
In typical Momir fashion I reflected on these past 12 months by thinking about the future and how to build on the success so far. It will come as no surprise to those that know me best that my beautiful wife tasked me to take stock of the achievements to date and think about the impact of advice on clients so far. Notably in the last 12 months I’ve helped individual clients:
- unlock wealth to retire early and enjoy life earlier than anticipated
- significantly reduce debt alleviating the dread of losing their home
- retain tens of thousands of dollars annually in government support after an unexpected life event
- optimise cashflow to minimise tax
- set up young couples for the future, enabling them to effectively manage their wealth to grow with confidence
In all these situations, clients were unaware of the potential outcomes. This demonstrates the value of asking questions and exploring possibilities.
The success of our clients over the past year is a testament to the hard work of the entire Goldsborough team. I look forward to continued growth and success, both personally and professionally, and to many more fantastic client stories.
For new entrants today and those considering a future as an adviser the path forward is as unclear as ever from an industry and adviser perspective. However, one thing is clear, there are countless Australians out there who need advice. Stay committed, the impact you can make is truly invaluable. I promise you it’s worth it.
