Your adviser will be Gary Spencer. Gary is specifically authorised by Spencer Private Wealth to act as its representative in providing financial services to clients and has specific formal industry qualifications. Please refer to his Adviser Profile.

Spencer Private Wealth always strives to provide objective advice, free from product influence.  Our goal is to act solely in our clients’ best interests and to be free, whenever possible, of any conflict with any financial institution. 

Spencer Private Wealth is a fee for service firm and is an authorised representative of FYG Planners Pty Ltd.  FYG planners is a privately owned licensee that supports advisers like us, who wish to act in the best interests of the individual clients. FYG is responsible for the provision of any financial service that is given by any of its authorised representatives. Click here  to see the relationship between Spencer Private Wealth, FYG Planners and ASIC.

Spencer Private Wealth is bound by the Conflict of Interest Policy. If any conflicts of interest or potential conflicts of interest were to arise, they would be disclosed, avoided or controlled in the prescribed manner. This ensures that you as a client are receiving objective advice solely for your benefit. 

Ultimately our goal is to act solely in our client’s interests.

Spencer Private Wealth is a fee for service advice firm that desires to be transparent in the fees that clients pay. As a result, fees are generally fixed and structured in a way that is in your best interests. Fees are based on a combination of time, complexity and value. Further details will be provided at our initial meeting and prior to any official advice been given. Fees are generally an agreed fixed fee or a combination of fixed and asset based fee for our ongoing service.

The investment world has never appeared more complex and daunting. New financial products are regularly pushed at investors by salesmen and often without regard to personal circumstance. The media regularly bombards investors with notoriously short focussed ‘glee’ or ‘panic’ stories. Then there are the unfortunate investors who’ve found themselves the victim of financial fraud.

It appears a discouraging landscape to navigate, yet it’s really quite simple. If you acknowledge markets are unpredictable, but their rewards can be captured; if you don’t fall prey to media distraction; and if you don’t expose yourself to unproven methods, it is possible to have a successful investment experience. At Spencer Private Wealth we don’t take unnecessary risks and we don’t adopt unproven strategies – we focus on what drives investment returns. When investing for clients we focus on these key principles:

• Markets work

• Risk and reward are related

• Diversification reduces Investment Risk

• Asset Allocation determines performance

• Maintaining discipline.

Gary Spencer has over 30 years’ experience in dealing with a wide range of clients. Clients include those with complex financial management needs - resulting from estates, aged care, special needs, dealing with loss or potential loss of a partner. The high net worth clients we service prefer to spend time on their own creative pursuits or in other areas of life, desire accountability with elements of their finances, and some wish to totally outsource elements of their financial life. Other clients  who are coming up to retirement, or who are already retired, wish to carefully plan and protect their retirement nest egg with more certainty, and to optimise their strategies and ensure a tax effective transfer of their wealth to the next generation.

In addition, Gary’s clients include people whose financial plans need to accommodate children or family members with special needs (see Gary’s website relating to this at www.spectrumplanning.com.au). Our particular focus is to help relieve the burden on the family of dealing with the finances of someone with additional needs. Our role can include coordinating with other professionals in the running of Special Disability Trusts, and are suitable for families wanting a high touch service in this area. 

This will depend on the level of service you choose but generally it will require a minimum of one face-to face meeting a year and often more often depending your needs and requirements.

We invite you to call us to set up an initial consultation. This is an opportunity for you to learn more about Spencer Private Wealth and to determine whether you feel that we suit your financial advice requirements. It is also an opportunity for us to assess whether we feel that we can add value to your financial circumstances. This consultation is generally conducted free of charge, however, where specific one-off advice is required, we may charge an hourly rate of $770 (including GST).

We invite you to call us to arrange an initial consultation. We believe that successful financial planning is built on a strong, collaborative partnership; therefore, this conversation is an opportunity for us both to determine if we are the right match. It’s your chance to get to know our approach and values, while allowing us to assess how we can best add value to your unique financial circumstances.

Should you wish to look at your spending patterns before you meet with us, please use our Budget Planner to do so : Budget Planner

We are based in Sydney, however we are able to service clients from other parts of Australia using video calls to facilitate our meetings.