Financial Advisor’s Client Profile Discovery

To ensure the Financial Advisor is well prepared along with respecting your time, the below form provides an understanding of your personal life and your beliefs.

The questions have been designed to be able to complete in around 15-20 minutes.

Personal Details


Estate Details (Mandatory for insurance advice)

Do you have a will?
Does it reflect your current wishes?
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Estate details (Continued)

Does your Will allow for a testamentary trust?
Do you own any funeral bonds?
Do you have a Power of Attorney?
Type of Power of Attorney
Do you have any specific estate planning requirements / needs?

Personal Financial & Business Setup

Do you have an accountant?
Do you own a company?
Are you a Sole Trader?
Do you own a company?
Do you have a SMSF?
Are you in a Business Partnership?
Do you have any kind of Trust set up?
Do you have any other qualifications?
Do you have previous investment experience?

Assets and Liabilities Details

Do you have any other qualifications?

Financial Contributions

Superannuation contribution caps

Mandatory for superannuation and insurance advice)
Have you made any personal contributions to any Australian superannuation fund in the past three financial years?
Are you salary sacrificing?

Leave Entitlements

What Insurances

Do have any insurances?
How is your health? Any concerns?
Do you participate in extreme sports or dangerous pursuits?

Death Requirements

If you passed away prematurely, would you want to leave your family with debt?
If you passed away prematurely, would you want to generate an income for your family?
If you passed away prematurely, would you need a lump sum to go to your family?

Total & Permanent Disability Requirements

If you were Totally & Permanently Disabled, would you want to discharge the debt?
Life and Total & Permanent Disability Requirements Summary

Income Protection

If you are unable to work for a long time due to illness or an accident, do you want a funding mechanism to meet your financial obligations like mortgage, water, gas, and electricity bills?
Would you like to get the maximum benefits possible?
How long would be comfortable to survive without pay?

Trauma/Crisis Recovery Insurance

Also known as crisis insurance or recovery insurance, a trauma benefit is a lump sum payment. The lump-sum is paid out on the occurrence of a specific event (i.e., a listed trauma). Traumas are the major life-threatening events that often occur and potentially reduce an individual’s life span. The most common traumas are heart attack, stroke & cancer, but each insurance company has its list of traumas. Trauma insurance may be used to pay for experimental treatments that are not covered by Medicare. A strong reason to have trauma is to get private specialist care without having to wait on the public health care ‘waiting list.’

If you have a life-threatening issue, trauma insurance may help you to ‘jump the queue’ by subsidising public health treatment with private health treatment.