We also have relationships with Referral Partners which can assist in the following areas:

  • Accounting
  • Mortgage Brokering
  • Business Loans
  • Estate Planning
  • Fire & General Insurance

Financial Plan Preparation and Implementation

(Statement of Advice)

Financial plan preparation and implementation (Statement of Advice) At HRFP we listen to your goals, we identify opportunities, and we implement strategies to help you achieve what you want in life. No matter what stage you’re at, we can help you.

What you choose to do with your finances today will have a significant impact on your future. Our aim is to provide a balance between your lifestyle needs today and your lifestyle needs in the future.

Strategic Review Service

The best way to make your money multiply is to meet with us regularly.

Once your financial plan is in place, we like to monitor it on an ongoing agreed basis to make sure it stays up to date. We’ll work with you to adjust your financial plan to reflect any changes in your life, be they your goals or your financial situation as well as changes in investment markets and legislation.

“The only thing constant in life is change. ” - François de la Rochefoucauld


(Direct Shares, Managed Funds, Listed Property Trusts)

We can help you:

  • Accumulate wealth by investing in direct shares, managed funds, listed property trusts, and bonds – at a level of risk that is comfortable for you.

  • Identify exceptional investment managers and opportunities.

  • Diversify investment strategies, assets and managers – aiming for more consistent investment outcomes.

  • Determine a long-term approach to achieve long-term financial goals.

  • Understand the power of compound investing - a basic building block for making nest eggs and what Albert Einstein called, ‘the eighth wonder of the world’.

  • Dollar cost average - ‘the process whereby a set amount is allocated to specific investments at regular intervals. This is intended to have the effect of lowering the average price paid for the investments.’ [Source: The Australian Investors’ Dictionary]

Rest assured knowing the investment funds we recommend have been independently researched by big name brand MLC to ensure they are appropriate and safe for your use. But that’s not all. We provide a further filter of quality to come up with the cream of the crop which becomes our ‘HRFP preferred investment list’.

Gearing Strategies

(Margin Lending)

Borrowing to invest can give you magnified returns but it can also give you magnified losses in a bear market. So at HRFP we’ll comprehensively review:

  • If you are a couple, are you both comfortable with borrowing money to make money?

  • How you would feel watching your investments rise and fall, as evident during the GFC?

  • Your comfort level when it comes to risk versus return, is this really the right approach for you?

  • Your budget and the subsequent affordability. For example, if you invest in property, have you considered interest rates increasing by 3% to 4%? If they did, would you still be able to afford your repayments? What about the maintenance costs of owning a property? Or the affect of property vacancies? And if you invest in shares, do you have access to cash in the event of a margin call?

  • Your goals around this investment.

All this research will help us evaluate if borrowing to invest is appropriate for your circumstances. If it is, we’ll help you:

  • Choose the right investment or mix of investments – shares and/or property.

  • Choose an amount to invest that’s comfortable for you.

  • Maximise tax deductions.

  • Understand borrowing to invest in growth assets is a long term strategy.

  • Understand your portfolio and how margin lending works – yes debt can be good!

Retirement Planning and Income Streams

As hard working Australians we deserve to enjoy the same (or better) quality of life in retirement as we had when working.

Now is the time to take the trip you’ve always longed for, to visit the grandchildren, to buy a new car, to redecorate, to do the things you’ve always wanted to but never had the time. Now is the time to live!

“You miss 100% of the shots you don't take.” - Wayne Gretzky

Still young? This is the perfect time to decide what age you want to retire, how much you’ll need, and how to accumulate it. Who wouldn’t want to retire financially secure and looking forward to a great quality of life?

If you're approaching retirement or even at retirement, we’ll help you make the most of your finances. Our retirement solutions offer a regular tax-effective income, potential social security benefits, and ways to boost your savings without impacting the amount of money you have to live off.

Tax and social security planning

Did you know the average life expectancy is increasing? For men it is expected to rise from 79 today to 86 by 2047. For women life expectancy is 83 today, and forecast to be 90 by 2047.*

As our population ages, Aged Care is becoming a very important issue for Australians.

A key component of successful social security planning is implementing tax effective investment and savings strategies. This involves the use of superannuation, income streams, and company imputation credits to assist in minimising the amount of income tax you have to pay.

At HRFP, we can assist with these strategies to help ensure that you and your loved ones are looked after financially. Our strength is our in-depth understanding of current taxation rules, and our access to technical specialists that can assist us for specific issues.

Our comprehensive knowledge on Centrelink benefits and social security policies in relation to the aged pension means we can also assist you with strategies that help maximise your entitlements. We’ll even help you complete the initial applications and ongoing Centrelink requirements.

*Intergenerational Report 2007, Commonwealth of Australia, April 2007


(Personal and Self Managed Super Funds)

There are some good reasons to invest in superannuation:

  • There’s a lot of investment choice.

  • You’ll pay less tax on your earnings.

  • You can use your superannuation to make your insurance more affordable.

  • Salary sacrifice your bonus into super and reduce the tax on your bonus by up to 31.5%.

  • If you earn less than $61,920pa you could be eligible to receive a Government co-contribution to your super.

  • If you have a spouse earning less than $13,800pa, an after-tax super contribution on their behalf means you can receive a tax offset of up to $540 while increasing your spouse's retirement savings.

  • You’ll be compound investing.

  • You can dollar cost average.

  • You’ll enjoy a fabulous retirement.

We have a wealth of experience in managing our client’s personal superannuation and setting up self managed super funds and can discuss the pros and cons of both.

When it comes to superannuation, the sooner you start saving the better.

Don’t wait until it’s too late to start thinking about it. Give consideration to your Superannuation now.

Personal Insurance

(Life, Trauma and Income)

Think it won’t happen? Around half of all Australians aged over 30 will suffer at least one of the seven health conditions that can lead to long-term disability and, consequently, a long-term loss of income. *Source: NATSEM, Health and Income in Australia, 2003.

If you died suddenly would you leave your loved ones with debt? Or financially secure? If you got sick and couldn’t work, how long would it be before you started going in to debt? Who would pay the mortgage? The bills? The school fees?

At HRFP it’s not just our job to accumulate wealth, it’s also our job to protect wealth.

Owning Life, Critical Illness, Total and Permanent Disability, and Income Protection ensures that you and your family’s way of life is secure - and so are your investments and savings.

Our insurance options are very comprehensive, offer loads of extra benefits, and you won’t get stung with hidden exclusions.

At HRFP we’ll personally tailor how much cover you’ll need in the event of death, critical illness, total and permanent disability, and loss of income. We’ll manage your application from beginning to end. And in addition we’ll offer a range of strategies to make insurance more affordable.

Exclusive to clients with MLC Critical Illness insurance – access the world’s leading specialists

Best Doctors was established to connect ill people to peer-nominated leading specialists from around the world. Best Doctors provides confidence, clarity and certainty to a patient’s diagnosis and treatment plan. And all this is done at no additional cost to you as MLC pays for your access to this service, not you.

Hear how Best Doctors is already changing the lives of MLC clients: -
 Critical Illness Elizabeth

Business Partnership/Succession Planning

What plans have you made in the event of your business partner (s) leaving suddenly through death, injury or illness?

What would the impact on your business be, if you lost a person with key skills? What would it cost to replace those skills?

Could the business continue?

Would you be forced to pay debts or loan guarantees?

Would you have enough cash flow to meet ongoing business commitments?

And what about the exiting partner? Will they or their estate be fairly and adequately compensated for the disposal of their interest in the business, particularly in retirement and estate planning contexts? How would this be funded? Do you have an agreed value?

At HRFP with our experience, knowledge and access to specialists we can take you through all these questions and give you an understanding and look at affordable options to protect you, your business and your family’s interests.


Making and sticking to a budget is the foundation to financial success.

It’s never too late, and you’re never too old, or too young to start budgeting.

“Nobody can go back and start a new beginning, but anyone can start today and make a new ending.” – Maria Robinson

At HRFP we can assist in:

  • Setting up tools and disciplines to help you manage your cash flow.

  • Teaching you to budget.

  • Debt consolidation.

  • Debt reduction.

Experience the joy of financial freedom as you become financially self sufficient.

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Advice Warning | Disclaimer | Privacy
Copyright Hickman & Ritchard financial planning ©

Advice Warning

This website is intended to provide general information only and has been prepared by Hickman & Ritchard Financial Planning (ABN 86050061348) authorised representatives of MLC Financial Planning (AFSL number 230692) without taking into account any particular person's objectives, financial situation or needs. Persons should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend persons obtain financial advice specific to their situation before making any decision regarding a financial product. Before acquiring a financial product persons should obtain a product disclosure statement from the product issuer and consider its contents with respect to their personal needs, objectives and financial situation. GWM Adviser Services Limited, trading as MLC Financial Planning, MLC Building, 105-153 Miller Street, North Sydney NSW 2060 Australia, is an Australian Financial Services Licensee and a member of the National Australia Group of companies


The use of this site is subject to the following Terms & Conditions. Please read them carefully. Using the site means that you have read and accepted the Terms & Conditions.

  1. Hickman & Ritchard Financial Planning

    Hickman & Ritchard Financial Planning (ACN 86050061348) is an Authorised Representative of GWM Adviser Services Limited (trading as MLC Financial Planning, ABN 96002071749) an Australian Financial Planning Licensee with its registered office at 105-153 Miller Street North Sydney NSW 2060. A member of the NAB group of companies.
  2. Information contained in website

    This site provides information about the services of Hickman & Ritchard Financial Planning and certain other information. Hickman & Ritchard Financial Planning and GWM Adviser Services Limited (GWMAS):
    a. do not give any warranty or make any representation as to the accuracy, reliability, completeness or security of the information contained in this site and as to changes in circumstances after the date of publication that may impact on the accuracy of the information;
    b. may change and update the information from time to time;
    c. make no representation in relation to, and are not responsible in any way, for any other site you access through this site; and
    d. own the copyright in the information in this site.
  3. Purpose of information

    The information contained in this site is general information only made available to residents of Australia. It has not been prepared taking into account any person’s particular needs, financial situation or objectives and should be relied upon as a substitute for financial, accounting, legal, tax or other specialist advice. It is not intended to be a recommendation, offer or invitation to take up securities or other investments. You should seek advice from an appropriately qualified professional on whether the information is appropriate for your particular needs, financial situation and objectives.
  4. Liability

    Hickman & Ritchard Financial Planning and GWMAS are not liable in any way to any person for any loss, damage, cost or expense incurred as a result of the material contained in this site or from unauthorised access to, or any misuse of this site including, without limitation, any negligence by Hickman & Ritchard Financial Planning and GWMAS.
  5. Indemnity

    Users of this site agree to indemnify Hickman & Ritchard Financial Planning and GWMAS from all liability, cost and expense, (including legal fees) arising directly or indirectly from the use or distribution by any person of material placed in the site by the user or from the alteration, modification of or addition to material on the site by the user.
  6. Availability of site

    Hickman & Ritchard Financial Planning will use its best effort to provide access to this site on a 24 hour basis. However, there may be an interruption of the service to facilitate the site’s maintenance or for any other reasons. Neither Hickman & Ritchard Financial Planning nor GWMAS will be liable to any person for interruptions to the service for any reason.


Respecting your privacy and the law

The privacy of your personal information has always been important to us at Hickman & Ritchard Financial Planning. We are committed to respecting your right to privacy and protecting your personal information. We are bound by the National Privacy Principles in the Privacy Act 1988 (Commonwealth) and any relevant Health Privacy Principles under State legislation (1), as well as other applicable laws and codes affecting your personal information. Our staff are trained to respect your privacy in accordance with our standards, policies and procedures.

About this Privacy Policy

This Privacy Policy outlines how we manage your personal information. It also describes generally the sorts of personal information held and for what purposes, and how that information is collected, held, used and disclosed. Our Privacy Policy applies to all your dealings with us whether via our websites or an advisor. However, depending on the organisation with which you deal, further privacy information may apply in addition to the matters discussed in this Privacy Policy. We encourage you to check our websites regularly for any updates to our Privacy Policy.

Collecting your personal information

If you are acquiring or have acquired a product or service through us, we will collect and hold your personal information for the purposes of:

  • providing you with the relevant product or service (including assessing your application and identifying you)
  • managing and administering the product or service
  • protecting against fraud where it is a banking and finance, or insurance, product or service.
We may also collect your personal information for the purpose of letting you know about products or services from any organisation on our approved list that might better serve your financial, e-commerce and lifestyle needs or promotions or other opportunities in which you may be interested. The information collected may include your name, postal or email address, date of birth, financial details, tax file number, health information or other information the organisation considers necessary. We will, if it is reasonable or practicable to do so, collect your personal information from you. This may happen when you fill out a product or service application or an administrative form (e.g. a change of address form) or when you give us personal information. In certain cases we collect your personal information from third parties. For example, we may need to collect personal information from a credit reporting agency, your representative (such as a legal adviser), your financial adviser, your employer or publicly available sources of information or any of the other organisations identified below under "Using and Disclosing Your Personal Information".

Using and disclosing your personal information

In line with modern business practices common to many financial institutions and to meet your specific needs (such as where you have a financial adviser) we may disclose your personal information to the organisations described below. Where your personal information is disclosed we will seek to ensure that the information is held, used or disclosed consistently with the National Privacy Principles, any relevant Health Privacy Principles under State legislation and other applicable privacy laws and codes.

The relevant organisations are those

  • involved in providing, managing or administering your product or service such as third party suppliers, loyalty and affinity program partners, printers, posting services, call centres, lenders mortgage insurers and our advisers
  • who wish to tell you about their products or services that might better serve your financial, e-commerce and lifestyle needs or promotions or other opportunities, and their related service providers, except where you tell us not to
  • who are your financial advisers and their service providers
  • involved in maintaining, reviewing and developing our business systems, procedures and infrastructure including testing or upgrading our computer systems
  • involved in a corporate re-organisation
  • involved in the payments system including financial institutions, merchants and payment organisations
  • involved in product planning and development
  • which are your representatives including your legal advisers
  • as required or authorised by law, for example, to government or regulatory bodies for purposes related to public health or safety, the prevention or detection of unlawful activities or to protect public revenue
  • where you have given your consent.
In addition, where you require

  • banking and finance products or services

    - other organisations to which personal information is usually disclosed are card producers, card schemes, credit and fraud reporting agencies, debt collection agencies, mortgage insurance companies, your guarantors, organisations involved in valuing, surveying, or registering a security property or which otherwise have an interest in such property, purchasers of debt portfolios, underwriters, re-insurers and other organisations involved in our normal business practices (such as securitisation)
  • financial planning or broking services or personal investment products

    - other organisations to which personal information is usually disclosed are superannuation and managed funds organisations and their advisers, organisations in which you invest and other organisations involved in our normal business practices (such as securitisation)
  • trustee or custodial services

    - other organisations to which personal information is usually disclosed are superannuation and managed funds organisations and their advisers and other organisations involved in our normal business practices
  • life insurance products or general insurance products

    - other organisations to which personal information is usually disclosed are medical professionals, medical facilities, health authorities, assessors, underwriters, reinsurers and fraud detection agencies and other organisations involved in our normal business practices.

Your personal information may also be used in connection with such purposes.

Marketing our products and services

We may use or disclose your personal information to let you know about, and develop, products and services from that might better serve your financial, e-commerce and lifestyle needs or promotions or other opportunities in which you may be interested. For example, we may do this after an initial marketing contact. You can contact us at any time if you no longer wish us to do so (see "Contacts"). Keeping your personal information accurate and up-to-date We aim to make sure that the personal information we collect, use or disclose is accurate, complete and up-to-date. We will take reasonable steps to make sure this is the case. This way we can provide you with better service. If you believe your personal information is not accurate, complete or up to date, please contact us (see "Contacts").+

Protecting your personal information

We store information in different ways, including in paper and electronic form. The security of your personal information is important to us and we take reasonable steps to protect it from misuse and loss and unauthorised access, modification or disclosure. Some of the ways we do this are:

  • confidentiality requirements for our employees
  • document storage security policies
  • security measures for systems access
  • providing a discreet environment for confidential discussions
  • only allowing access to personal information where the individual seeking access has satisfied our identification requirements
  • access control for our buildings
  • the security measures described below under "Our Websites".

Your privacy on the Internet

Our Website

We take care to ensure that the personal information you give us on our websites is protected. For example, our websites have electronic security systems in place, including the use of firewalls and data encryption. Depending on the organisation with which you deal, user identifiers, passwords or other access codes may also be used to control access to your personal information. Please refer to the website of those organisations with which you transact electronically for more information on website specific privacy and security procedures.

Links to Other Sites

You may be able to access external websites by clicking on links we have provided. Those other websites are not subject to our privacy standards, policies and procedures. You will need to contact or review those websites directly to ascertain their privacy standards, policies and procedures.

Your sensitive information

Without your consent we will not collect information about you that reveals your racial or ethnic origin, political opinions, religious or philosophical beliefs or affiliations, membership of a professional or trade association, membership of a trade union, details of health, disability, sexual orientation, or criminal record.

This is subject to some exceptions including:

  • the collection is required by law
  • when the information is necessary for the establishment, exercise or defence of a legal claim.

Resolving your privacy concerns

If you have any issues you wish to raise with us, or would like to discuss any issues about our Privacy Policy, then you are able to do so a number of ways: You are always welcome to speak directly to our staff and they will do their best to resolve your issue. If investigation is required we will keep you advised of progress. If staff is unable to resolve the matter, it will be escalated as appropriate to facilitate resolution.