Our investment solutions are advice centric, not product focused,
giving us the flexibility to suit your needs.


2016 Year in Review: A global seachange

January 11th, 2017|0 Comments

If 2016 taught us anything, it was to expect the unexpected. Britain’s vote to exit the European Union and Donald Trump’s election as the next US President surprised the pundits and markets alike. Markets generally

Our dedicated advisers and administration staff are suitably accredited to provide you with superior technical and customer service outcomes.

Some satisfied customers

With their assistance my portfolio has increased pleasingly and I find them responsive and a pleasure to deal with.

For us personally this has been for over 12 years and for the parents of one of us, considerably longer. Throughout our association we have appreciated the honesty, sincerity and friendliness of our financial advisers and the timeliness and good quality of the received advice.
Importantly the advice we have received has been appreciative of our environmental and ethical concerns.
John and Rae
The team is knowledgeable across all areas of financial advice with a deep understanding of the various aspects of the financial services industry. They continue to demonstrate a genuine interest in meeting our financial goals right from our very first meeting. Amongst other things, they consider current and future market conditions, our risk appetite, and most importantly offering suggestions and ideas to grow our portfolio to ensure we meet our goals. They have always made themselves available to answer our questions and explain market changes in a manner that provides us continued comfort with our investments. I would highly recommend meeting with Econ Financial Services to review your financial plan.
George and Penny
One of the key points that we value is the independent advice we receive knowing that there are no links to a particular bank or investment product. This provides us with the comfort that the Econ team are truly focussed on us and our investment requirements as their main priority The team lead by Alex are truly professional in approach, provide comprehensive advice and are able to produce income earning strategies that meet our future needs. The expertise and attention to detail with the handling of our financial affairs could not be faulted. To anyone looking for expert financial advice the team at Econ Financial Services will meet any expectation.
Julie & Steve

Who are we?

Econ Financial Services is a boutique financial planning firm located in the Sydney CBD. We have been providing advice to our clients since 1998 and were granted our own Australia Financial Services Licence in 2005.

Specialising in wealth creation and wealth preservation, EFS is committed to assisting individuals and families who are seeking to preserve and grow their personal wealth.

We pride ourselves on keeping it simple and ensuring you understand how your money is being managed.

Our experienced advisory and administration team can assist you to navigate and take control of your financial affairs.

Meet our team

George Shahinian
George ShahinianDirector - B.Com, M.Bus, CA, SIA
George has been assisting clients meet their financial objectives for over 10 years.
His passion for delivering superior customer service is beyond reproach and his focus on client satisfaction has seen the business grow steadily under his stewardship.

He leads a motivated team of planners and administration staff at Econ Financial Services and has responsibilities as Managing Director of Econ Financial Services as well as a Partner at Economos Chartered Accountants.

Out of the office, George enjoys spending time with his family, and playing basketball and golf.

Alex Dimos
Alex DimosDirector - B.Ec, Dip.F.P
Alex Dimos is currently a director of Econ Financial Services, with over 18 years’ experience working in the financial services industry. He assumed a role as a financial adviser at Econ Financial Services, to pursue his interest in equity and capital investment markets, specialising in the area of Self-Managed Superannuation.

An established member of staff, Alex leads a team who are committed to providing our clients with superior customer service and financial advice.

Our in-house rugby league aficionado, Alex is a keen Wests Tigers fan.

Alfred Hung
Alfred HungFinancial Adviser - B.Com, M.Com, Grad Cert FP, CA
A veteran of the Economos group, Alfred began his career providing taxation advice to clients, with particular expertise in Self-Managed Superannuation. Currently engaged as a Financial Adviser at EFS, his desire to deliver for his clients remains as strong as it was when he joined us.

Alfred is a certified Chartered Accountant who holds Bachelor and Master’s degrees in Commerce and a Graduate Diploma in Financial Planning. He commands the knowledge and experience necessary to provide our clients with tax effective solutions on a daily basis.

Outside of the office, Alfred enjoys Tai Chi and mountain biking.

Kristen Paragalli
Kristen ParagalliAdministration Assistant
Kristen is an Administration Assistant at Econ Financial Services and is currently completing a Bachelor of Business. She works closely with the financial planners to provide a second point of contact to clients and assist in all administrative tasks.

Outside of the office, she enjoys reading, eating and spending time with her family and friends.

Sandra Semialjac
Sandra SemialjacAdministration Assistant
Currently an Administration Assistant at EFS, Sandra works with the financial advisers with the objective to provide clients with professional and courteous customer service. Sandra is also currently studying a Bachelor of Business and Commerce (Accounting).

Outside of the office, she enjoys spending time with family and friends and is a fanatical soccer supporter.

April Ferrier
April FerrierAdministration Assistant
April is the newest member of the Econ Financial Services team. She works with the financial advisers as Administration Assistant, with the objective to provide clients with professional customer service.

April has completed a Bachelor of Arts majoring in Government and a Masters in International Relations.

April enjoys spending time with family and friends and has a love of all things French, having lived in Bordeaux as part of her master’s degree.

Wealth Creation

Wealth creation is a process of utilising your available resources together with investment strategies that

will provide sufficient capital to meet your immediate or future capital needs. At EFS, our accredited financial

planners can provide advice across various asset classes and financial products, including the following:

When you think
about creating wealth
you should ask the
following questions…

  • What are my goals?

  • What are my available resources?

  • Do I understand the risks?

  • Where should I invest?

  • What is my investment timeframe?

  • Will I pay too much tax?

Wealth creation through Superannuation.

Superannuation is one of the most tax-effective ways of saving for your retirement.

The long term nature of superannuation provides the benefit of compounding growth and could, therefore, be your largest asset by the time you retire.

Offering flexibility and control, Self-managed Super Fund’s (SMSF’s) have become increasingly popular with wealth accumulators and retirees alike.

SMSF’s are increasingly sought out by proactive investors who want to have a say on how their super funds are invested.

At EFS, our professional financial planners can;

  • Advise on the feasibility of DIY superannuation
  • Establish a SMSF
  • Formulate an investment strategy tailored to your individual circumstances
  • Provide ongoing administrative support

Retirement Planning

Whilst having more retirement years to look forward to is appealing, many Australians simply will not have sufficient retirement funds at their disposal when they leave the workforce.

Whether you have already retired or are approaching retirement, the team at EFS are well qualified to advise you on how to make the most of your retirement savings.

Given the ever changing regulatory framework, particularly as far as tax and superannuation are concerned, professional advice could save you greatly.

Wealth Preservation through Life Insurance

Life insurance provides peace of mind that you and your family are financially secure by paying you

a lump sum or an ongoing income stream if you can no longer work due to unforeseen circumstances.

Whether it be personal or business related, EFS is accredited to provide a suitable solution for your needs.

We strongly emphasise the importance of providing a personalised service to all

our clients, promoting open lines of communication and importantly,

we value discretion in all our dealings.

Government Passes Superannuation Changes

By | November 24th, 2016|Categories: Uncategorized|

The Federal Government has this week passed the superannuation package announced in the May Budget 2016 and later amended in September. Some of the changes that have been passed include:  • $1.6 million cap on the amount of tax free superannuation savings a person can hold in retirement.  • Concessional contribution cap reduced to $25,000 (from the current $30,000 and $35,000 caps). • Non-concessional contribution cap reduced to $100,000, from the current $180,000. • Lower the current Division 293 tax income threshold from $300,000 to $250,000. • Removal of the 10% rule for deductible personal concessional contributions. Most of these changes will take effect from 1 July 2017. If you would like to discuss any of the above or find out how you can start planning for these changes, feel free to give us a call or make an appointment.    

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Citigroup Centre, Suite 38B, Level 38

2 Park Street, Sydney NSW 2000

P +61 2 9266 2266 | F +61 2 9261 2271

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