8888 Wealth is the Financial Planning arm of the 8888 Group.
We are full advice financial planning business and our approach is using investment education, “focus investing” and a direct portfolio approach.
What this means is that we encourage our clients to take a more hands on view with their investments. We encourage our clients to self-manage their investments.
Our philosophy is to have our clients being able to see exactly where their money being superannuation or direct investments are actually invested and allows them to understand exactly what their money is doing.
We do not recommend managed investment funds due to their limited disclosure in relation to investments and fees, and because they are complex vehicles that over diversify investments.
As these funds therefore achieve average returns, we use a system called “focus investing”.
This means our clients hold smaller numbers of investments using model portfolios and our fees are flat and disclosed to the clients in full, which is not the case with managed funds.
We are a fee for service business.
We are not owned or aligned with any large Financial Institutions and are therefore not biased towards any specific investments.
Our recommendations are to invest directly in all recommended securities.
Our Wealth Protection area uses the same philosophy of independence.
We have access to all Insurance companies and we compare the overall market to obtain the most competitive insurance quotes for our clients based on their individual circumstances.
Our Services Include:
8888 Wealth are authorised representatives of Spectrum Wealth AFSL 34400
ASIC Authorised Representative number 472744.