New in the Wrap business – would like to seek advise of knowledgable Financial Planner involved with the WRAP concept to assist me – I am good in equity and poor in cash!! Your support is greatly appreciated.
I think you will find it very difficult to find a FP that understands wraps. you might want to just ask your questions here or even on the Vendor Finance Assn Website: http://www.financewraps.asn.au
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
A financial planner makes no $$$ when dealing with wraps or anything in RE (buy & hold, etc). They only make money selling share funds, indvidual shares and proerty trusts, so your not really going to find much help from that source.
Rgds.
Lucifer_auLucifer,
There are many Financial Planners that charge an upfront fee for there services (and rebate any commissions received). I share any office with one, but he has not heard of wraps.
I also know another financial planner who is a property ‘guru’ (ie retired young using property), but he did not know what a wrap was and didn’t think much of the strategy when I explained it to him.
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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