Swift provides long term strategic financial planning that is aimed at not only investing your accumulated wealth, but accelerating your active income sources
Our planning philosophy involves the following critical elements:
Fee for service – In most cases we charge a set fee for the strategic planning we do for you. We focus on proven investment vehicles that do not pay adviser commissions.
We develop long term, 10-year-plus, strategic investment plans that focus on diversification, academic research and the lowest possible fees to maximise your returns.
We produce plans that not only invest your current money, but help you earn more, save more and build wealth from educated personal financial management.
We develop investment strategy first, and select 'products' second.
We are not owned or controlled by any bank, large investment company or investment platform provider. This means that our available investments are not dictated to us by a bank that owns us. Our business model is built from the ground up to give you access to the best possible investments at any moment in time and to keep our fees for service at the lowest possible levels.
No Banks .... What's the difference?
One of the triggers for the recent Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was an ASIC report in January 2018 entitled “Financial Advice: Vertically Integrated institutions and conflicts of interest.” The report found serious problems with a large proportion (75%) of financial advice provided by Australia's big four banks and major financial institutions. The subsequent Royal Commission continued to find serious problems with both the business model of the major financial institutions and the conduct of many individuals within them. In the vertically integrated model the adviser is the salesman for the products produced by the institution.
The reason our financial advice business remains outside the structure of a large bank or institution is because our goal is to provide the best financial advice to you, our client.
Instead, we operate under the Australian Financial Services License (AFSL) of FYG Planners who are privately owned, managed by a board of current financial advisers and have a commitment to the highest fiduciary standards.
Our partnership with FYG Planners affords us the ability to run our business the way we choose and most importantly choose the right financial products for you as our client without any corporate influence.
Swift Business Solutions has no in-house products, so there is no bias towards any financial investment or insurance policy. This leaves us free to utilise the best products and tailor your portfolio solely to best suit your needs, not the sales targets of a bank. The significant difference is that we aren’t ‘selling’ investments to you. Instead we are ‘buying’ investments for you. Think of us like a buyer’s agent in real estate, rather than a sales agent working for the vendor.
Similarly, FYG Planners are a client first AFSL and have no interest in any financial product. This means when FYG endorse a new product, or recommend a change to an existing product, it only comes after a full review where we can show any change will be genuinely beneficial to your circumstances.