Wealth Planning
When designing your overall financial plan, we take a holistic approach. This means looking at all areas where your money should be working better for you.
Your overall wealth plan is the key to unlocking the lifestyle you want to achieve. You want your money to be working for you and maximising the opportunities that are available.
Together, the first step is understanding your goals and aspirations, and from there we build your plan to make this a reality.
We’ll start by reviewing your existing Investments and Super to ensure they support your goals. Our recommendations will ensure you’re reaching your financial potential.
Our recommendations will be detailed in a ‘Statement of Advice’ for you, setting out your recommended investments, superannuation and wealth protection options, and bringing clarity and confidence to your overall financial strategy.
WEALTH PLANNING STRATEGIES
Here are some of the Wealth Planning Strategies we may help you explore, depending on your personal needs and goals.
Strategic asset allocation.
Asset allocation is the key to being diversified and achieving the safest balance between risk and return. We’ll recommend for you a well diversified portfolio that harnesses the growth potential of asset classes like shares and property, while minimising unnecessary risks.
Trust, Company Structures and Entity Advice.
As you build wealth, it’s vital to look at having the most effective structure in place, to preserve your legacy, whilst minimising tax.
Our recommendations will address the optimal structure for your finances.
Super and SMSF’s.
With its built-in tax advantages, super is a fantastic vehicle for long-term wealth creation. We need to ensure your Super is optimised and a strong performer for your needs.
The laws regarding what is possible with Superannuation are also constantly changing, so we help you to ensure you’re maximising your opportunities for Super, including Tax effective contribution strategies, using Super to minimise Capital Gains tax, Transition to Retirement Strategies and Pension income strategies.
For those wanting greater flexibility of investment choices (such as direct property) and more control, you may find SMSF to be an attractive option. We’ll help you determine if a SMSF is right for you, and assist you on formulating the SMSF’s long term plan and Investment Strategy. We’ll assist you with the establishment of the fund and how to make it work for you in the best way.
Protecting your wealth through personal insurance.
We’ll help you protect your assets and your family’s financial security through providing recommendations for your insurance. With the appropriate wealth protection strategies in place (Life Cover, Total and Permanent Disablement Cover, Trauma Cover and Income Protection), you can focus on what is truly important in life, whilst having the peace of mind that your family’s financial future is protected.
Retirement Planning.
Retirement is a wonderful milestone and comes with so many questions – when can I retire, how much can I spend in retirement, how long will my money last..the list goes on. There are fantastic tax savings strategies available to those approaching retirement, that financial advice is so beneficial during this time. It’s also a time where you can’t afford to not have your Super and finances optimised for you, and it’s vital to not make mistakes.
Smart investment strategies:
Smart investing is the key to building your wealth and ensuring your money is working hard for you. We’ll recommend a well diversified investment plan for you (including your Super), to avoid you taking unnecessary risks and to ensure you’re making the most of the opportunities that are available. We’ll recommend an investment portfolio tailored to your individual needs and goals.
Tax-effective investing and strategies.
We’ll help you navigate the complexities of the Australian tax system, to ensure you are able to legally keep more of your hard earned money. We can help you explore a range of tax-effective investment options and strategies, from geared investments to salary sacrificing and trust structures.
Legacy Planning.
We can help you explore options for transferring wealth effectively to leave a lasting legacy for your family, including special disability trusts, family trusts, income streams and also advice on ways to minimise tax within Super for your beneficiaries