Elliot Watson - Financial Planners in Newcastle

The financial planners at Elliot Watson Financial Planning have regular contact with their clients to ensure they are progressing well with their financial plans and to ensure any changes to their circumstances, government policy, international markets or technological improvements are considered and factored into their plan if appropriate.

Your contact frequency with your financial planner will depend on the service level you select. The options include comprehensive, standard or passive. Our adviser will explain the differences in the service levels to you during your initial consultation.

At Elliot Watson Financial Planning, we will charge a fee for service. This fee will be disclosed to you at the earliest opportunity, and no work will commence until we have your agreement. You can sometimes have the fee debited from your superannuation account.

Our financial planners will only know which products and services to recommend once they have sat down with you to explore your current financial position and identify your goals. Everyone has unique circumstances, so what might be appropriate for one person may not be appropriate for another. Your financial planner will make recommendations based on your circumstances and what suits your needs.

Yes, in line with financial services industry standards, our team has a Financial Planning Association (FPA) membership. This membership depends on advisers adhering to a code of ethics and professional conduct. The standards imposed by the FPA are considered world-class and hold financial planners to a higher standard than the requirements set out in the financial planning regulations.

Click to read the FPA Code of Ethics

Gary Watson is a member of the Law Society of NSW and the Hunter Valley Charter of The Law Society of NSW.

Our financial planners can provide a second opinion to help you plan for your financial future. 

You may have already seen a financial planner and desire a second opinion to ensure you are comfortable with the advice and that it’s the best advice for your unique financial situation. The financial advisers at Elliot Watson Financial Planning can provide a second opinion to help you with your financial decision-making. It is important that the relationship you have with your financial adviser is built on trust.

Under current legislation, our financial advisers have a fiduciary duty to always place their client’s interests ahead of their own. We operate in accordance with all financial planning industry standards, and our qualified financial advisers always act in the best interests of our clients. Our high ethical standards also prevent our financial planners from providing advice where there is a conflict of interest.

Watson Wealth Group includes Elliot Watson Financial Planning, Watson Mortgages, Watson Legal, and Singleton Financial. With headquarters in Maitland and offices in Singleton and Newcastle, we are well-positioned to serve our clients across the Hunter region. Our state-of-the-art, sound-proof pods allow us to conduct virtual meetings, enabling us to service clients across Australia.

The goal is to determine if we want to work together. Financial planning is a two-way street, so it is vital for both parties to establish trust and open and honest communication. Without these two important elements, the best financial plan in the world would be worthless if we couldn’t work together to implement it. An initial consultation will go for approximately 60-90 minutes. However, if we proceed, the meeting may go longer as we collect the data outlined in the Things to Bring page. The cost of the initial consultation is $495 (incl. GST).

Elliot Watson Financial Planning specialises in the following:

• Superannuation
• Investment Planning & Wealth Creation
• Personal Insurance
• TPD Claims Advice
• Private Wealth Management
• Capital Growth & Income Generation
• Self-Managed Superannuation Funds
• Budgeting & Cash Flow Management
• Group Insurance Claims
• Debt Management & Mortgage Advice
• Estate Planning
• Legacy Planning
• Aged Car Financial Advice

Our advisers are authorised to advise on debt reduction and cash flow management. However, they are not authorised to provide advice on mortgage products, this is reserved for those with a mortgage broker’s license.

Elliot Watson Financial Planning works with a subsidiary, Watson Mortgages, a mortgage broker and can refer you to them for support on mortgage products. Your adviser will help liaise with Watson Mortgages to help you get a good combination of strategy and product. Having your financial planner and mortgage broker openly communicate is beneficial for you.

No, financial planners cannot do tax returns. You must be a registered tax agent to give tax advice. However, we have a strong relationship with an accountant and can refer you to them for support.