We combine our advice and coaching services into pre-made Intro Packages designed to get you on track towards your goals. Our packages include multiple sessions and typically span a number of months, walking each step with you.
Choose your own adventure with one or your own combination of our many bite-sized services. We've designed a menu of potent advice and coaching sessions, which each target specific outcomes to help your work towards the fulfilled life.
Cashflow & Budgeting Support
We boost your confidence in managing and saving your money by designing a tailored plan that's automated, stress-free and works just right for you and your goals.
Includes $550 in savings
Strategise for your next Property
Whether an investment property or a home, we educate and coach you through the process of buying a property and connect you with a dream team of professionals.
Includes $770 in savings
Holistic Life Planning & Wealth Creation
We coach you through clarifying your future vision, managing your cashflow, up-skilling on property, business and investments, and we sort out your super & insurances.
Includes $1,540 in savings
Alternatively, you might wish to design your own custom-built combination of advice & coaching services from our A la Carte Menu. We've crafted and honed a wide variety of sessions, each with specific tools, education modules and agendas to help you kick goals right across your personal and financial life.
We've included an overview of our A la Carte Menu here, and can discuss this further with you when we meet for your Discovery Meeting.
A great coach helps you to make complex decisions by offering education, tools, accountability and by posing powerful questions.
We believe in our clients being empowered to make their own decisions so we've devised a range of one-off, 2 hour coaching sessions covering various important topics. These can be classed into two broad categories: Life coaching & Finance Coaching.
As an adviser, we assess your precise situation, needs & goals and deliver recommendations on what we believe you should do. This includes recommendations of specific financial products and strategies which will suit you. As a coach, we don't make recommendations. We instead focus on educating you with skills, financial insight, practical tools and we pose powerful questions which help you to take decisive action in the areas of your life that matter.
Important: Coaching is not advice. We use coaching and advice along side each other in our packages, however if you want someone to tell you exactly what you should do and/or get us to "sort things out" for you, you should consider some of our advice services.
Prior to each coaching session you will be required to complete some detailed prework. This will usually involve completing a prework survey, reading/watching some educational information and possibly completing one of our coaching tools. It’s imperative that you complete your prework before each coaching session as we will reference your prework in the material we discuss with you.
Each of our coaching session aims to achieve specific objectives which we state and agree to in advance with you. We give you the skills, tools and information you'll need to take action for yourself. However many of our clients desire ongoing support from us to help them stick with their new habits and to continue to progress.
We offer a number of ongoing mentoring services for working with our clients long term, including cashflow mentoring, financial mentoring and life mentoring. You can read more about our mentoring services here.
Some parts of your finances are sufficiently complex, or you might just feel so time-poor, that you would prefer us to just tell you exactly what best to do and to help you do it. In these cases we can provide formal "Financial Advice".
In Australia there are strict rules about what counts as financial advice, who can give it and how it has to be given. The recent Royal Commission into Banking and Financial Services has made it clear that the financial advice industry still has many issues to address in how we give advice. Our approach at Purpose Advisory is to set up our own strict compliance procedures to make sure that you as the client are fully informed about how we develop your advice. We also make sure we are not incentivised to recommend anything other than what is in your best interest. That is why we choose not to take commissions from referral partners or product providers.
For more reading about what you need to know when seeking out financial advice, check out ASIC's Moneysmart website.
Tristan Scifo, Harry Goldberg and Purpose Advisory Pty Ltd are all licensed to offer financial advice in Australia through a non-bank-aligned licensing company called AVALONfs. Avalon supports a well-connected community of 50 advice practices who support one another in our quest to serve our clients. Avalon holds their Australian Financial Services License (AFSL) directly with ASIC (the financial planning regulator) and we are Authorised Representative under this license. This means that whenever we give advice, it is actually Avalon who is giving the advice, and we are acting as for you as their representative.
We choose to be licensed through AVALONfs because of the quality family-like community of their small group of fellow advisers, and because of the strong emphasis on policy, procedures and compliance which they focus on. In future, it's our objective to acquire our own AFSL so that we'll be licensed directly with ASIC. This will ultimately leave us more responsible and more in control of the services we offer our clients.
Through our licencing arrangement with AVALONfs, we can provide advice in a range of areas, including:
We believe in taking the time to get things right for you the first time. Receiving advice is a process which spans a number of meetings and can last between 2 - 6 weeks:
You can read more information about our various services in our PA Services Guide and our Licensee's Financial Services Guide (FSG).