What good financial advice really looks like
Contents
Rob Devlin in the SMH on accessing quality financial advice
“Every Australian deserves good advice to help them make the most of their retirement.”
– Rob Devlin
Finding the
right advice
for your goals
Getting your retirement planning under control shouldn’t be out of reach. In a recent article in the Sydney Morning Herald, Tribeca’s Head of Advice Rob Devlin shared insights on how Australians can access quality financial guidance, regardless of their wealth or circumstances.
The landscape of financial advice has transformed dramatically. While adviser numbers have declined by approximately 38% since 2019, leaving around 15,000 active professionals to serve 100,000 Australians retiring each year, this doesn’t mean advice is unavailable. Instead, the industry has evolved to offer multiple pathways to professional guidance.
Rob explains that Tribeca focuses on helping people achieve what truly matters to them: “We’re helping people with what they really hope to achieve – be it leaving work earlier, more life balance or helping out adult kids.”
Why advice matters
The numbers tell a compelling story. Recent data shows that 71% of retirees who accessed financial advice felt confident about their next phase of life. Even more striking, 68% of those who received advice knew exactly how much money they would need in retirement.
Knowledge is power. Having clarity around your financial position and a strategic plan puts you in control of your retirement outcome.
Three ways to receive advice
The advice landscape now offers three distinct tiers, each designed to meet different needs and budgets:
Digital-only advice (free to $299 annually) uses AI-powered tools to analyse your financial situation and provide personalised recommendations. These platforms can help you understand your super, debt, and retirement prospects in less than 10 minutes.
Single-issue advice (around $395) targets specific retirement questions through 55-minute video consultations. This mid-tier option helps everyday Australians optimise their super and age pension income, providing forecasts and strategic guidance without selling products.
Comprehensive advice (averaging $5,000-$6,600) offers deep-dive financial strategy for those with complex affairs or long-term planning needs. This is where Tribeca excels, working with clients on 10-year roadmaps that evolve through different life stages between 40 and 70.
At Tribeca, our clients work with Advisers who understand that everyone’s goals are different. Whether it’s achieving better work-life balance, retiring early, or helping adult children, the focus is on what you actually want to achieve, not just the numbers.
If you’d like to read more about our fees, please click here.
The next step
At Tribeca, we work with people who want to take an active role in shaping their future. Whether you’re planning your next decade or navigating a major life transition, comprehensive advice gives you the clarity and confidence to make informed decisions.
Our approach is collaborative and flexible. We meet clients where they are, in person or online, and build strategies that evolve with their goals and circumstances.
The transformation that comes with quality financial advice is significant. When you understand your financial position and have a strategic plan in place, you move from uncertainty to confidence. You gain control over your choices and the freedom to shape the future you truly want.
That’s the real value of advice – not just knowing the numbers, but having the clarity and confidence to act on them.
The Sydney Morning Herald
The Sydney Morning Herald is the oldest continuously published newspaper in Australia and claims to be the most widely read masthead in the country.