Data analysis, strategy and meeting people. They are three things that help Senior Private Client Adviser Adam Callinan get out of bed each morning.
Formerly a business and data analyst in ICT across large public sector organisations, Adam made the switch to the world of advisory in 2014, joining Chris Smith’s team at VISIS after studying financial planning and later completing a Masters in the same subject.
“Financial advice combines all of the things I like – data analysis, strategy and speaking to people,” Adam explains.
“Meeting new people and helping them achieve their financial goals is always a great feeling.”
Adam’s key areas of focus for clients are employee share scheme analysis and assessment, along with self-managed superannuation funds (SMSFs).
In particular he specialises in knowledge of legacy defined benefits schemes, which can cause a shock for individuals banking on them as nest eggs when they hit retirement.
“They can be a significant challenge to people who’ve got them because while they are still working, they are not subject to any market risk.
“But as soon as they retire their superannuation is subject to fluctuation at the whim of the market, where prior it increased with each year of service.”
Despite a busy list of clients, Adam prides himself on availability, knowledge of his clients’ situation and giving undivided attention to their matters.
“What they can expect from me is advice that will be fundamentally and solely in their interests. At VISIS there is no conflicts of interest – we are driven by strategy, honesty and results,” Adam says.
“There is still a level of wariness in the general public that advice might not be in people’s best interests. But being able to separate the wheat from the chaff as far as advice goes is really important.
“The regulatory and education reform in the financial services sector has been essential to branding financial advice as a profession focussed on acting in people’s best interests.
“Mandatory education qualifications are certainly part of the change and our team makes sure we are up to speed with all of them.
“People should do their research, gather data, talk to a lot of people so they can make an informed decision – go and seek professional advice when it comes to finances.
Outside work, Adam is a busy father of two kids – one currently a learner driver keeping him on his toes – loves golf, friends, family, food and a lazy Saturday afternoon barbecue.