Accountants generally look backwards. Financial advisers look forwards. That’s because accounting is about making sense out of large amounts of small detail and looking backwards to apply a set of rules to minimise the tax you need to pay.
Good financial advice is about understanding human behaviour, the big picture and anticipating what lies ahead. It’s about preparing and working together to develop financial habits that create a new and improved financial base.
The central theme of accountant led advice is how to minimise your tax. But let me ask you this; Does tax minimisation equal financial independence?