frequently asked questions

Q: Are you qualified to give advice?

A: Absolutely. Richard Sheargold has 14 years experience in the Merchant Banking and Funds Management world. He also has 6 years experience in financial planning. Richard holds a Bachelor Degree in Finance, is a Certified Practising Accountant and holds a Diploma in Financial Planning. Richard is well qualified to provide financial planning advice.

Q: What are the benefits of receiving advice through you as opposed to one of the larger groups?

A: Being a boutique financial planning group we specialise in providing holistic advice that suits your individual needs. We do not chase products that pay high commissions but rather construct a strategy and then a portfolio that reflects your goals and objectives. We give unprejudiced advice without influence from large institutions.

Q: How will I know how my portfolio or superannuation fund is tracking?

A: Depending on your fee structure, portfolio reviews are conducted quarterly with an annual review as a minimum requirement. You will also receive online or telephone access so you can monitor your investments/superannuation yourself at your own pace.

Q: What sort of returns should I expect?

A: Returns on your portfolio depend on your risk profile and your goals and objectives. For a consultation to determine your goals, objectives and risk profile contact Stonebridge Wealth Solutions.

Q: Do you do fee-for-service advice or commission?

A: In the majority of cases we charge an initial and ongoing fee-for-service. However, in some instances clients with smaller balances may prefer to allow Stonebridge to receive a commission (or entry fee) from a product provider. We would prefer the fee-for-service model as it reduces the perception of influence by a large institution.

Q: Can you recommend direct shares?

A: Yes, our Australian Financial Services Licence allows us to recommend a wide range of financial products and services including but not limited to, direct shares, managed funds, warrants, superannuation products, self managed superannuation and insurance.

Q: Is it beneficial for me to buy shares?

A: Depending on your risk profile we do recommend shares as part of a broader portfolio. In some instances however clients may not have an adequate amount of money to invest to merit direct shares. Managed funds would substitute in these circumstances.

Q: Who is Bluegum Financial Services Pty Ltd?

A: Bluegum is the company that holds the Australian Financial Services Licence with ASIC. Bluegum merely trades as Stonebridge Wealth Solutions.