Big when we need to be, small in times of change – longevity is the true measure of success in the financial services industry – there’s no point selling the sizzle when you can’t be there to enjoy the results with others. In the short 19 years of trading we’re still dealing with most of our original clients and we’re witnessing the fruits of following great advice.
At Ungaro & Co your adviser is a qualified financial adviser who is engaged to to Ungaro & Co (the Financial Advice Provider). The specific adviser you’ll be dealing with is based on the type of advice you require. There’s never going to be a ‘cookie cutter’ approach to giving financial advice with Ungaro & Co and whilst that poses a challenge in terms of ‘scale’, it does ensure that the adviser is accountable and is encouraged to give specific financial advice to clients – not ‘tips and tricks’.
In 2021, there is a new framework in New Zealand where financial advisers will be held to an even higher account. Ungaro & Co has a provisional FAP (Financial Advice Provider) license with the FMA and has already completed much of the work required for the full transition.
What our clients have in common?
They value our insight, originality, and independence when advice is given.
They value the relationship – built right from the start, it’s a fruitful partnership for life, that our clients share with others.
Clients of ours have a positive outlook on life in general‚ look for the best in others – they are seeking wealth, knowing there’s more than enough of it to go around.
Our clients are ‘successful’, but not just with their careers, and they value what we bring to their team.
1 –Let’s establish if we can help first and foremost. At the outset let’s have a free, no obligation 15-min phone call to find out if there’s value to you in what we do. If we cannot help, don’t worry – we’ll let you know!
2- If we can help, let’s meet! At this meeting, more often than not via Zoom, we’ll help you discover and define where you’re going financially. Once we know about where you want to go, we can discuss how to get there. Following our meeting, you’ll receive a written summary of advice, and if you want help arranging something further, we’ll clarify the costs and agree on the scope of the work to be undertaken.
3- Implementation: Financial advice is provided on a fee-basis upfront, with no expectations to proceed with with a recommendation. If you have asked us to implement a financial product though (mortgages, insurances, or KiwiSaver), then there’s usually not fees for this.
4- Review. Most of our clients participate in periodic reviews. Staying connected is the part of our job that makes the biggest difference in your world – you’ll end up investing a lot of who you are with us, and this will return a dividend in the long run.
Advised New Zealanders are twice as likely
as unadvised New Zealanders to feel at least
reasonably prepared for retirement *.
Ungaro and Co has developed a policies and procedures guide that covers things like business continuity, safety and security of staff, technology and security. Should something go wrong, we also have processes in place to resolve complaints – you can learn more about this here: How to make a complaint.
What We Believe …
A financial adviser should be someone you can relate to – we all want to provide for our families and we’d also like to make an impact on things we believe in. Ungaro & Co is a niche business operating in your community – we’re not a corporate machine churning out the numbers.
Financial Literacy: We believe NZ children are not being taught enough from their schools, and their families about how to handle money. By dealing with the parents (our clients), indirectly we’re making a difference for the children.
In particular, we’re interested in the work provided by the following organisations:
Banqer – An organisation that’s working to lift financial literacy levels in schools
The Commission for Financial Capability
The Parenting Place: The place to go for parenting advice.
The Environment: New Zealand’s the best place in the world to live, and technology is now enabling us to respect it in an easy and natural way. We believe environmentalism isn’t about being a gluten free, yoga mastering – slipper wearing hippy, it’s about respecting our environment and doing everything you can at home first, before virtue signaling.
How do we demonstrate this?
1 – We use sustainable energy: At home, Darcy’s begun the full transition to solar energy to reduce the dependency on grid-based energy.
2 – Our power company in the office is Ecotricity NZ: a company that uses only environmentally friendly renewable energy generation.
3 – Darcy and his wife drive electric cars: Electric cars are amazing, but it also reduces the consumption of carbon-based fuels – it’s not going to save the planet but it may save a few rotting dinosaurs.
4- Financial Education – Carley or Darcy are available to speak to organisations (upon request and subject to availability) around matters connected to the financial products we implement. In addition, Darcy hosts a weekly investment podcast in an attempt to deliver some financial knowledge to those who wouldn’t normally be inclined to access it.
5- Generosity – Being a responsible investor involves supporting (directly) charities and organisations in NZ involved in doing good. Darcy believes that the power of generosity is real, and benefits can be evidenced on both sides over time.