About
I Love My Job. I Do Not Love My Industry.
I am Andy Darroch. I run Independent Wealth Advice from Martin Place in Sydney, and I am the only adviser here. I give one-off advice for a fixed fee, to people all over Australia.
$330, credited against your advice fee. If you do not need advice, I will tell you.
Four consultations a week.
How I Got Here
I started in stockbroking at Wilson HTM and loved it. I was an adviser at Macquarie Private Bank by the time I was 25. I worked inside some of the most expensive firms in the country, and I know what the top end of town sells.
It was about then I realised the industry takes far more than it gives. The clients were good people and the advisers were mostly decent people, but I did not think the clients got the value they should have. They paid every year, and most years very little changed.
I had two options: do something else, or have a crack at doing it differently. In 2021 I started my own firm. The one rule I set was that I could recommend any fund I wanted and be paid by none of them. That is the heart of what the law means by independent.
What I Believe
- Good options are not the problem. Salesmen are.Australia has some of the best super funds in the world, open to anyone. The hard part is finding someone who will tell you so.
- You should pay for advice like you pay a doctor.For the work, when you need it. Not a percentage of your savings, forever.
- You are not as different as you have been told.Almost everyone wants the same thing from their money: high returns, low fees, safety and no fuss. That makes good advice simpler than the industry lets on.
- If you do not need me, I should say so.And I do.
Level 12, 14 Martin Place, Sydney.
The Formal Bit
- Bachelor of Business (Accounting), Queensland University of Technology
- Diploma of Financial Planning
- SMSF Specialist
- Director, Independent Wealth Advice Pty Ltd, a Corporate Authorised Representative of Independent Financial Advisors & Media Pty Ltd (AFSL 550651)
- Legally independent under section 923A of the Corporations Act
What Clients Say
It is refreshing to meet a truly independent financial advisor who recommended products completely in our best interests. Andy’s business model means that I’ll never be paying uneasy ongoing advice fees. He’s set us up for the next 15 years and the money we have saved through his recommendations will well and truly cover the one off cost of his advice. I would highly recommend Independent Wealth Advice.
Andy provides a wonderful service. He is personable, professional and highly informed, and was able to give us a clear financial plan. We were very impressed with the independent financial advice Andy provided, and the time he took to understand our needs and work with us on our financial planning. Highly recommended.
My wife and I found Andy and his company to be very generous with their time and to be a wealth of information. We were able to gain greater clarity on our future financial planning strategies. I can highly recommend Andy & his team.
Away From The Desk
I am from Queensland, I live in Sydney, and I am writing a book about super and investing that says in public what I say to clients. I also think MotoGP is the best sport on earth.
Book A Consultation
If you do not need advice, you find out for $330, not $6,600.
- 45 minutes with the adviser himself, not a junior
- A fixed quote on the call, if advice is warranted
- The $330 is credited in full if you proceed
Why $330 and not free? A free first meeting is usually paid for later, through ongoing fees. I would rather you paid once for my time and owed me nothing.
Pay $330 now. A consultation, not an advice session. Reschedule up to 48 hours before.