The central business district in Melbourne Victoria Australia. The CBD in Melbourne Victoria Australia.

"A year from now you may wish you had started today."
— Karen Lamb

About Oakwood Wealth Management

We provide all of the financial planning services Australians need under one roof.

You can count on our financial planning expertise, as we work in harmony with you to achieve the financial goals that you set. We understand that your financial goals are unique so our team will work directly with you to create a custom-tailored financial plan that will provide a foundation for you to build and preserve wealth for you and your family.

We offer comprehensive advisory services to families and individuals across Australia, so whether you're in the process of building your wealth, or if you're near or already in retirement, the team at Oakwood Wealth Management can make financial planning more manageable.​

Our services are provided by a professional designated adviser that will work diligently for you and your family. We pride ourselves in building and nurturing long term client relationships based on a client-centric service model that focuses on personal interaction, individual attention, professionalism, and integrity. We're based in Melbourne's south-east suburb of Chadstone and serve clients throughout the area and many surrounding suburbs including Carnegie, Oakleigh and Toorak, alongside all of Victoria.

Learn more about us

  • Professionals placing their hands on top of each other.
  • Meet the Team
  • We keep the wheels at Oakwood turning

    Inspiring our company, clients and community towards a better and smarter financial financial future.

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Our Services

Our firm is committed to providing tailored advice to each of our clients, who enjoy direct, personal access to our professional team.
  • A couple meeting a professional financial planner.
  • Holistic Financial Planning
  • Understand where you want to be.

    We look at all aspects of your personal and financial life.

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  • A couple of older Australians retirement planning.
  • Retirement Planning
  • It pays to be prepared

    We can give you clarity and confidence about your life in retirement.

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  • People conducting investment planning and strategising.
  • Investment Planning & Strategy
  • Make smarter decisions with your investments

    Getting quality investment advice is the cornerstone to building long term wealth.

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  • Calculator and documents used as part of taxation advice.
  • Taxation Advice
  • Strategic & personalised taxation advice

    Tailored advice to ensure your tax strategies are working for you.

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  • Money being put away and saved as part of superannuation.
  • Superannuation
  • Visualise your path to retirement

    Maximise the potential of your super and make the most of your nest egg.

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  • People's hands holding a paper cutout of a family.
  • Personal Insurance
  • Life is risky business

    Insurance is essential to achieving and maintaining financial security.

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  • A financial advisor reviewing cash flow and debt management details.
  • Cash Flow / Debt Management
  • Build a strong financial foundation

    Managing cashflow and reducing debt are critical steps towards financial freedom.

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  • A financial planner providing estate planning to a person.
  • Estate Planning
  • Plan today for your family's future

    Deliver peace of mind for yourself and for your loved ones.

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Our Process

We get to know you, your family, your concerns, fears, goals and dreams before we start your personalised financial plan. We then work with you one-on-one through the financial planning process.

The path to financial confidence starts with your complimentary initial consultation with our financial adviser. Your free one hour consultation can be held in one of our many offices across Melbourne or through Skype or over the phone, its completely up to you. It’s an opportunity for you to ask questions about our experience, qualifications, testimonials and talk informally about your goals and ambitions aswell as giving you the chance to get to know the adviser.

If at the initial meeting we both agree there is a sound basis to proceed we will outline the scope of our advice and our fees. A Fee Engagement will be provided to you for your agreement before any advice is provided. No fee will be charged without your prior approval in writing.

Once our service enagement has been agreed on your Financial Adviser will then go away and perform in depth research and analysis in order to formulate suitable strategies that will allow you to achieve all your desired financial goals and objectives.

The end result will be a personalised Financial Plan that will be clearly outlined in your Statement of Advice.

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

  • Calculator, coins and a calendar on a table.
  • Our Fees
  • No tricks. No surprises. No unexpected charges.

    There is no 'cookie cutter' financial planning template - every client has different needs and goals. We aim to simplify the customer experience by providing you with the products and services that help you, eliminating the need to navigate complicated 'one size fits all' plans and pricing structures.

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  • Two professionals smiling and looking at something together.
  • Ongoing Service Program
  • Get up to date and ongoing financial advice

    Our commitment is to provide ongoing advice and management of your strategy, including regular performance reporting, communication about investment markets and maintenance of your investment portfolio and insurance coverage to ensure that your strategy remains relevant and on track.

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  • Professionals placing their hands on top of each other.
  • Meet the Team
  • We keep the wheels at Oakwood turning

    Inspiring our company, clients and community towards a better and smarter financial financial future.

  • Read More

Testimonials

Here is what our valued clients say

Latest Financial Planning News

Read the latest from the Oakwood Wealth Management news desk relating to the financial planning sector.
ATO reviewing all new SMSF registrations to stop illegal early access

ATO reviewing all new SMSF registrations to stop illegal early access

The ATO said it is reviewing and assessing all new SMSFs before they can receive a registered or complying...

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Compliance documents crucial for SMSFs

Compliance documents crucial for SMSFs

Failure to create, execute, perform and retain documents for an SMSF can leave a fund and its trustees unable...

Read More

Investment and economic outlook, October 2024

Investment and economic outlook, October 2024

The latest forecasts for investment returns and region-by-region economic...

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Leaving super to an estate makes more tax sense, says expert

Leaving super to an estate makes more tax sense, says expert

It is more tax effective to leave superannuation to an estate rather than a binding death benefit nomination...

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Be clear on TBA pension impact

Be clear on TBA pension impact

The different operations of pensions passed onto a beneficiary can be confusing and SMSF members must...

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Caregiving can have a retirement sting

Caregiving can have a retirement sting

Around 3 million Australians are unpaid caregivers. Most face a super...

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The biggest assets growth areas for SMSFs

The biggest assets growth areas for SMSFs

What five years’ worth of SMSF asset allocation data...

Read More

20 Years of Silicon Valley Trends: 2004 - 2024 Insights

20 Years of Silicon Valley Trends: 2004 - 2024 Insights

Check out the 20 years of Silicon Valley...

Read More

Investment and economic outlook, September 2024

Investment and economic outlook, September 2024

The latest forecasts for investment returns and region-by-region economic...

Read More

Tools & Resources

Enjoy the links to FREE tools and calculators supplied by MoneySmart as well as useful links to aid in your financial journey.

Contact Us

We'd love to get in touch and we welcome any enquiry that you may have.

Get in Touch

Oakwood Wealth Management welcomes your enquiry. To book an appointment or simply ask us a question fill in your details and we'll be in touch soon!

Location

  • Chadstone Tower 1, Level 8, 1341 Dandenong Road, CHADSTONE VIC 3148

Email

Phone Number

(03) 9964 5317

Office Hours

9am-6pm AEST/AEDT, Monday to Saturday

About Oakwood

A great business requires a true purpose, and ours is to treat our clients the way we would treat members of our own family or our closest friends. We put our clients’ interests first in all circumstances.

You are unique, your financial plan should be too. Our advice is about more than smart money management. It's about seeing the bigger picture, identifying risk and discovering opportunity. It's about learning your aspirations and your goals, then building a personalised plan to reach them.

Oakwood Wealth Management's advisers are experts in their field and well-equipped to provide a wide spectrum of financial advice, so whether you want to focus on one aspect of finance or take a more comprehensive approach we can guide and assist you.

Our team is there to help you achieve your goals, regardless of how short or long your list is.

All though we are based in Melbourne we service clients in any part of Australia so get in touch to see how we can help you achieve your financial goals and objectives.

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Our Process

The path to financial confidence starts with your complimentary initial consultation with our financial adviser. Your free one hour consultation can be held in one of our many offices across Melbourne or through Skype or over the phone, its completely up to you. It’s an opportunity for you to ask questions about our experience, qualifications, testimonials and talk informally about your goals and ambitions aswell as giving you the chance to get to know the adviser.

If at the initial meeting we both agree there is a sound basis to proceed we will outline the scope of our advice and our fees. A Fee Engagement will be provided to you for your agreement before any advice is provided. No fee will be charged without your prior approval in writing.

Once our service enagement has been agreed on your Financial Adviser will then go away and perform in depth research and analysis in order to formulate suitable strategies that will allow you to achieve all your desired financial goals and objectives.

The end result will be a personalised Financial Plan that will be clearly outlined in your Statement of Advice.

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Our Team

Esteban Garzon, head Financial Adviser at Oakwood Wealth Management.

Esteban Garzon

Senior Financial Adviser

Esteban Garzon is the founder and head Financial Adviser at Oakwood Wealth Management. Esteban has spent the last decade working in the Finance industry. During this time he has gathered a plethora of knowledge and experience that allows him to offer tailored financial solutions to clients all over Australia.

Esteban has an Advanced Diploma in Financial Planning and is SMSF accredited. He also holds a Diploma in Business Management as well as a Cert IV in Mortgage Broking.

Esteban has a passion for Investment markets and has built his experience dealing with complex financial instruments over the last decade. Esteban stands for the delivery of a completely flexible and ethical financial management service, which will provide solutions for his clients on the basis of a thorough analysis of their needs and long term approach to their financial planning.

On his spare time, he likes to spend time with his wife, young daughter and dog. He is die-hard Essendon supporter and he can be found at the MCG most weekends supporting the team.


Teresa Ly, Administration Manager at Oakwood Wealth Management.

Teresa Ly

Administration Manager

Teresa Ly is our Administration Manager, her attention to detail in the everyday running of our office coupled with over 10 years of customer service experience makes Teresa invaluable.

Teresa is responsible for planning and coordinating administrative procedures and systems. She takes extra pride in dealing with all client enquirers and is not content until the client is 100% satisfied.

In her spare time, Teresa likes to spend time with her young family and maintain a healthy lifestyle comprising of healthy eating and exercise.

Holistic Financial Planning

At Oakwood Wealth Management we understand the value of creating a holistic customised plan that is tailored to your unique financial goals. Your portfolio is only one piece of the puzzle, we help you make sense of the other important issues that life can throw at you to design and implement a life plan that will help to get you where you want to go.

Together, we will develop a holistic financial plan customised for your life that let you live more confidently today and tomorrow.

All though we are based in Melbourne we service clients in any part of Australia so get in touch to find out how we can help you achieve your financial goals and objectives.

Our Holistic Financial Planning service includes a comprehensive financial plan providing optimization strategies covering all of the following areas:

After completing the plan, we:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Investment Planning & Strategy

After completing a detailed review, analysis and determining a strategic asset allocation model, we will then recommend specific investments and implement the various investment strategies. We provide ongoing investment advice, including detailed reporting, portfolio rebalancing, and periodic review meetings.

When you’re looking to make the wisest investment decisions, we’ll help you confidently understand your portfolio preferences, short and long term options and the strategies best suited to you and your family. From portfolio assessment, ETF portfolios, portfolio manager searches, and all the nitty gritties in between, we’ll apply our know-how to your distinct circumstances for investment advice you can feel great about.

Markets are global and changing all the time. It is difficult for an unqualified person to understand the benefits of tax-effective savings and super contributions, never mind how to invest in managed or listed funds. This is where a qualified Financial Planner will help you personalise a plan that will see you transition from now into your retirement.

All though we are based in Melbourne we service clients in any part of Australia so get in touch to find out how we can help you achieve your financial goals and objectives.

An initial portfolio assessment can be as general or as detailed as you wish. Some things we consider:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Superannuation

Superannuation is a way to save for your retirement. You build up super while you are working to make sure you can have a comfortable retirement. Retirement may seem like a long way off, but the earlier you take control of your superannuation the better off you will be at retirement.

Super receives special tax treatment compared to your other money. When it comes to investing over the long term, there aren’t many better tax-effective ways to save for your retirement than through Super. Lower tax rate and more investment options – such as local and international shares, property and fixed interest investments – gives your money more potential to grow.

Both you and your employer can deposit money into your account by the way of a contribution. Caution needs to be taken when determining how much money will be invested in any given year as there are Contribution caps that need to be adhered to. This is where carefully structured Financial Planning can help you manage the legal requirements that govern the Superannuation industry.

All though we are based in Melbourne we service clients in any part of Australia so get in touch to find out how we can help you achieve your financial goals and objectives.

The team at Oakwood Wealth Management can help you understand, grow and manage your superannuation, we can help you:

Self-Managed Superannuation Fund

At Oakwood Wealth Management Financial Services we can provide for all your Self Managed Super funds needs. We can help you manage the complex legislative requirement to run you own SMSF.

A self managed super fund (SMSF) offers greater flexibility and control compared to public offer funds. By establishing your own SMSF, you can also take advantage of the tax-effective superannuation environment. For these reasons, more and more people are attracted to the benefits of managing their own fund. Self managed super is now the largest and fastest growing superannuation segment in Australia. We can assist you to achieve your lifestyle and financial goals for both current and future generations. We can advise you on the suitability of an SMSF and develop personalised advice that's right for you.

Benefits of an SMSF

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Personal Insurance

How much insurance do you really need? Your personal property and liability risks are as distinct as you are. We’ll analyse them all and incorporate them into a financial plan to find where you are over – or underinsured, so in the end, you can be sure you’re effectively covered in the ways that matter most.

Oakwood Wealth Management can provide you with expert advice in all aspects of: Life, Total and Permanent Disability, Income Protection, Trauma and Business Insurance. Not been restricted to or aligned with any product providers allows our Financial Adviser to implement the most appropriate and adequate insurance products for our clients all of the time.

All though we are based in Melbourne we service clients in any part of Australia so get in touch to find out how we can help you achieve your financial goals and objectives.

Risk management is the process of:

Together, we will:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Retirement Planning & Projections

It's never too early — or too late — to start planning for a more comfortable retirement​

With retirement in sight, the time has come to revisit and focus your financial planning activity. The objective of the retirement financial plan is to ensure that your assets and pension income will be sufficient to meet your retirement lifestyle needs. Tax efficiency and portfolio restructuring are also critical components to a successful retirement plan.​

Our Financial Adviser has expert knowledge in retirement planning strategies which can help you achieve your retirement goals and needs.

If you are still some years away from retirement we can provide you with detailed projections on what you can expect to achieve when you do reach your golden years. Projections can be used as a crystal ball into the future and allow you to put measures in place if your goals and aspirations in retirement are a little out of reach.

Aspects of retirement planning that will be taken into consideration

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Estate Planning

Estate planning is about ensuring your family are well looked after once you're gone and that your assets are handed down according to your wishes.

Oakwood Wealth Management's Financial Adviser will help you take an overview of your assets, consider how they're structured and how you'd like them to be distributed after you die.

All though we are based in Melbourne we service clients in any part of Australia so get in touch to find out how we can help you achieve your financial goals and objectives.

A comprehensive estate plan addresses issues such as:

We will work in tandem with your legal advisers to ensure that your estate plan meets all of your legacy objectives.

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Cashflow & Debt Management

The most important step to financial freedom is to have complete understanding and control of your cashflow. Many people leave this until it's too late in life. Not being able to manage your cashflow and debts can lead to stress and anxiety in your personal relationships that could be well avoided if only you had a good financial plan in place.

Effectively managing your debt and cashflow can have a significant impact on your overall financial health. We firmly believe that developing and maintaining the right financial habits is necessary in reaching your goals as minimising debt and managing cashflow is the basis of long term wealth creation strategies.

At Oakwood Wealth Management, we can assist you to become more financially successful through:

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Taxation Advice

The implementation of effective tax strategies is an integral part of the financial planning process. Structuring the way in which you receive your salary, superannuation contributions, investments, risk and debt management can significantly minimise your tax implications and are an essential component of your wealth creation and retirement strategy.

At Oakwood Wealth Management, we want you to accomplish your financial objectives in the most tax-efficient manner as other aspects of your financial plan become easier to implement when your tax liability is minimised.

Our strategies are tested, proven and successful. We offer a broad range of taxation advisory services including:

There are numerous tax effective financial planning strategies that may be appropriate for your circumstances and enhance your tax, retirement and wealth objectives.

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Our Fees

Initial Meeting

There is no fee for our initial meeting, including our preparation for that meeting.

Hollistic Advice (Investments, Superannuation, Retirement Planning, Cash Flow, Tax Advice)

If at the initial meeting we both agree there is a sound basis to proceed we will outline the scope of our advice and our fees. A Fee Engagement will be provided to you for your agreement before any advice is provided. No fee will be charged without your prior approval in writing.

All Oakwood Wealth Management Statements of Advice (SOA) include a clear description of our advice, our advice fee including implementation fee & our optional ongoing service and its fee if applicable.

If your personalised advice has a Superannuation element our advice fee's can be paid by your Superfund.

Our advice fees can range from $1,000 + GST to $5,000 + GST depending on the complexity of the advice (average advice fee is $3,000 + GST).

Start getting the support you need and book a consultation with one of our team members today. Call us on (03) 9562 4567 or make an enquiry via email at admin@oakwoodwealth.com.au and one of our staff will get back to you as soon as possible.

Implementation of Advice

We make an estimation of the time it will take to implement our recommendations. Our hourly rate is calculated @ $150 + GST for senior office staff (minimum 5 years experience) and $300 + GST for senior financial planning staff. Our implementation fee is to offset business costs only.

Ongoing Service Program

The investment strategy and recommendations outlined in your financial plan have been based on your current circumstances and your financial goals and objectives. We have also taken into consideration a number of other factors, including:

All of these variables change over time and this can have a significant impact on the continued suitability of your investment portfolio as recommended in your financial plan. We are committed to monitoring your investments and, as such, we provide different ongoing service levels that can be tailored to your circumstances. An important aspect of our ongoing service options are the periodic reviews.

Financial plans are best reviewed regularly to ensure they continue to meet your objectives in the face of your changing circumstances and changes in the external market environment. Reviews are scheduled either 6 monthly, annually or 18 monthly with additional meetings on request or as required. You can choose which is right for you.

The ongoing service and frequency of reviews we recommend and offer is predicated by the complexity of your financial structures.

Superannuation and investment reviews include the following basic components:

Reviews on smaller portfolios can be conducted via post, email or phone discussions. They do not have to be face to face. We also offer Zoom meetings where appropriate or more convenient.

Insurance Advice Service & Fee

A well-constructed life insurance portfolio should cover Death, Total and Permanent Disability, Income Protection & Trauma. Cover is essential for everyone with financial responsibilities. Adequate insurance is the foundation of every well-constructed financial plan and no insurance or underinsurance does result in catastrophic financial outcomes.

Life Insurance Advice Fee, Implementation & Reviews

Advice:

Depending on the complexity of the insurance advice required our Statement of Advice Fee can range from $900 + GST to $2,500 + GST.

Initial and Renewal commissions are fully disclosed in $ & % terms in your Statement of Advice.

Implementation:

We do not charge an implementation fee as commissions are paid by respective Life Offices and incorporated into the premium (i.e. Commissions are not an additional charge to you and reimburse us for the significant time involved in providing & implementing our recommendations for you).

Review Fee:

Renewal commission paid by the Life Offices is incorporated into the premium and covers our review fee.

Commission Structure:
As your adviser we can select from 2 brokerage options (your premium remains the same irrespective):

Comment:

The higher the commission as a percentage in the 1st year the lower the commission as a percentage is in the following years. The higher the Commission is in subsequent years the greater the value you have as a client of the firm and the greater level of service you will receive. Renewal commissions paid in subsequent years allows us to review your insurance portfolio without you paying us a fee to do so.

Reviews:

It is appropriate that all insurance is reviewed at least every 2 years, or earlier as circumstances dictate. Life Insurance is a very competitive market and offerings by different Life Office's deserve consideration:

In additional the review service we offer includes the following:

  1. Comparative analysis of the competitiveness of your current cover with:
    • Premiums;
    • Benefits; and
    • Product ratings
  2. Review changed circumstances to the appropriateness of your existing cover:

Some examples:

Useful Links

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