Why is professional advice so expensive?


  By mark

Why is professional advice so expensive?

Most people recognise the value in receiving professional advice, whether it be the more attractive and better functioning house that the architect builds, the lower tax paid as a consequcne of seeing a good accountant, or the extra wealth generated by consulting a good financial adviser for financial planning , and professional advice is valuable.

The challenge however is that the provision of this advice is expensive, pricing many people out of these services. The professional providing the advice needs to invest years building up his or her skills, in order to provide the advice, and needs to build infrastructure around them to do so - office space, insurances, licences, support staff, etc. As a consequence the advice provider needs to charge a high price.

So how to enable more people to afford high qu
ality financial advice? One solution os through the use of technology. An example is http://www.affordableadvice.com.au/ . They conduct their appointments via Skype rather than in person. This saves either the client or advice provider travel time, gaining efficency. They also require appointments be pre-paid, thus avoiding their valuable time being wasted by people not willing to pay for their advice. Many advice practices provide an initial "free" appointment. But of course it is not free. The professionals time needs to be paid for, and the costs for these free appointments, is simply recouped through the other paying clients. By eliminating these free consultations, the costs are brought down for all.

Through Affordable Advice, you can get help with Retirement Planning, Wealth Creation, Key Person Insurance, or Self Managed Super Fund (SMSF) establishment.



Tags & Keywords : Superannuation, Income Protection, Retirement Planning, Financial Planning, Self managed super establishment, Self Managed Super Fund establishment, SMSF establishment

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Comments


jgrantha

#1 Posted by jgrantha - Jan 21, 2010, 10:27 am Rating: ratingfullratingfullratingfullratingemptyratingempty Unrated

Very good advice indeed!

Cazza29

#2 Posted by Cazza29 - Mar 4, 2010, 10:06 am Rating: ratingfullratingfullratingfullratingfullratingempty Unrated

Your articles is well written and very informative. Please view my work at http://www.Cazza29.articleincome.com


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