"Where accountants tend to handle specific elements of your finances, like tax returns, financial planners take a more holistic approach," explains Cara. "So most generalist financial planners will support you with things like cash flow management, superannuation, personal insurances and investment strategies.
"While we don't handle things like tax, we work with accountants to make sure this element of your finances is running smoothly. And although we wouldn't secure a home loan for a client, we would work with mortgage brokers or banks to help it get across the line for them.
"Basically, we act as an overall financial goals coach to make sure every aspect of our clients' finances is taken care of, so they can get to where they want to be."