Understanding Your Wealth Management Options
Navigating your financial future, whether you are saving for a home deposit, preparing for a destination wedding, or structuring your retirement, often requires professional guidance. Bendigo Bank offers a tiered approach to financial planning, beginning with their free Wealth Concierge service. This team provides general financial advice, helping to answer broad questions about investing, insurance, and retirement without evaluating your specific personal circumstances.
If your situation requires a tailored strategy, the Wealth Concierge acts as a bridge. They can assess your basic needs and seamlessly refer you to a licensed financial planner who will dive deeply into your individual objectives. This structured pathway ensures you receive the appropriate level of advice—from understanding basic product features to developing comprehensive portfolio management strategies.
Key Financial Advice Services
| Category | Details |
|---|---|
| Available services | Wealth Concierge (general advice) and Financial Planner referrals |
| Service methods | Phone consultation, email enquiry, or branch referral |
| Eligibility | Open to all individuals seeking wealth management guidance |
| Key requirements | Clear outline of financial goals for the initial consultation |
Which type of advice suits you best?
Securing the right financial guidance can put you on the best path toward reaching your financial goals.
Whether you are saving for a home deposit, planning a destination wedding, or preparing for a comfortable retirement, our experienced Wealth Concierge team is here to help. They provide complimentary general financial advice, can guide you through our self-service options, or seamlessly refer you to a dedicated financial planner if you need tailored recommendations. Best of all, this initial service is completely free.
How can the Wealth Concierge team help?
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Help you grow, protect, and manage your wealth.
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Answer your questions regarding investments, insurance, and retirement planning.
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Boost your overall financial wellbeing and build your confidence in managing money.
General Financial Advice
General advice is broad and is not tailored to your specific personal circumstances, goals, or financial objectives. Our Wealth Concierge team can answer your questions about various financial products and services, outlining their:
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Features
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Benefits
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Potential drawbacks
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Eligibility requirements
With general advice, it is up to you to evaluate the information, decide what aligns with your needs, and take the appropriate next steps.
Understanding Market Volatility It is completely normal to feel concerned about the value of your superannuation or investments during a market downturn. While economic disruptions can be unsettling, periodic dips in the financial markets are a common and expected part of investing. [Learn more]
Personal Financial Advice
Personal advice is fully customized to your unique financial situation and future objectives. A qualified financial planner will thoroughly review your circumstances to provide actionable recommendations built exclusively around your needs.
Additionally, financial planners offer comprehensive wealth management services, including:
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Retirement planning and strategy
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Investment structuring
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Portfolio management
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Life and risk insurance
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Tax and business succession planning
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Debt and cash flow management
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Aged-care financial planning
If you need tailored advice that factors in your specific situation, the Wealth Concierge team can smoothly refer you to a licensed financial adviser.
Ready for the next step?
A Wealth Concierge team member can contact you by phone or email to discuss your needs, offer complimentary general guidance, or set up a meeting with a financial planner if you require personalized advice.
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Call us: 1300 236 344
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Make an enquiry
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Find a branch
Frequently Asked Questions
What is the difference between general and personal financial advice?
General financial advice, provided by the Bendigo Bank Wealth Concierge, focuses on the features, benefits, and drawbacks of financial products without taking your specific financial situation into account. It is broad and educational. Personal financial advice, however, is provided by a licensed financial planner who will examine your specific income, debts, and life goals to recommend tailored strategies like tax planning or portfolio management. When you speak to the Concierge, they will help identify which level of advice suits your current needs so you can take the right next step.
Will I have to pay to speak with someone about my finances?
Your initial interactions with the Bendigo Bank Wealth Concierge team are entirely free of charge. This service is designed to give you a foundational understanding of your options and help you map out your next steps. However, a major limitation is that if your situation requires a formal, personalised "Statement of Advice" (SOA) from a licensed financial planner, there will be fees associated with that comprehensive service. The planner will outline all specific costs upfront during your first referral meeting before any chargeable work begins.
