When it comes to financial advice, everyone is different. Some people look for a financial coach who can help them with every decision. Others choose to go it alone and seek help when they need a second opinion.

Good financial advice is based on your personal goals and financial situation, and at Jason Dawson Financial Planning our one-on-one service allows us to build you a truly individual portfolio – taking into account your unique circumstances, financial goals, risk appetite and ethical priorities.

When building a portfolio for clients the following are some key areas discussed.

The structure used that will hold the portfolio assets is often the most important decision to make as it is the structure that will obtain the addition benefits for you, such as any Taxation benefits, Centrelink benefits, or the ability to produce an income payment.

For example the use of a superannuation structure can obtain significant Taxation benefits and depending on circumstances also Centrelink benefits, it however does not generate an income payment. A strategy is the directional guide or compass for the portfolio assets, and includes discussions about risk level, fluctuations, market involvement, any ethical issues.

For example after discussions you may wish for an aggressive strategy with a dark green ethical tint. In this area of discussion we talk about the individual assets types and investments that will be included into the portfolio, it also includes discussions about asset types, country boundaries, market depth, and market size. With any portfolio the unexpected and often destroy all of your hard work achieved, so ensuring your income and life will protect your investments and other assets from the unexpected, this is an essential part of any good financial plan as Murphy's Law can show up at the worse possible time.