It’s all about making it easier for you to be who you want to be and live the lifestyle you aspire to. With the help of a good financial adviser – you can make it a good one.
Do you have a budget – do you stick to it?
It’s a simple statement to say that you’ll never get ahead if you spend more than you earn. As cash flow management is a critical part of any strategic plan, your adviser can work with you to budget and manage your cash flow to help you channel your efforts into tax effective plans to attain your goals whether it is to reduce debt, wealth accumulation, save for retirement or provide for your family.
The benefits of a good, regular savings plan cannot be stressed enough. How do you start? How much can you afford? What are your short-term, medium-term and long-term goals? What will your savings milestones look like? As advisers, we can help you develop a plan that will work for you and will also help you meet the goals we set together.
Saving is one thing and without the discipline of putting something aside it won’t be possible to invest. Investing is something else – investing is making sure your money is working as hard as possible. We build a tailored wealth creation plan by considering objectives, investment time frame and attitude to risk. As qualified advisers, we have the experience to help you navigate the myriad opportunities available to give you the best options available to you. We can work with your other advisers (accountants, lawyers, mortgage brokers, bankers, etc.) to help you build suitable tax effective structures for your investments and loans.
There are substantial tax concessions afforded by superannuation. A professional adviser can help you formulate a plan to utilise tax effective contribution and pension strategies. Our dedicated team will assist you to implement and review your superannuation and pension strategies to help you keep up to date with legislative changes, the economic environment and as your circumstances change over time.
Whilst SMSF provides you greater control, flexibility and investment choices, as Trustee, you are responsible for the strict compliance requirements under superannuation law. We can explain the Trustee obligations in respect to an SMSF and provide establishment and investment advice to navigate the complexities. We can work with your accountant/solicitor who will prepare the trust deed and administer the ongoing compliance for your SMSF.
You want to stop working when it suits you. An adviser can help you – using the right plan – to make an informed decision about when it’s the right time for you to retire, and with the retirement lifestyle that you desire. As your adviser, we work together with you to help you build a strategy to achieve your retirement goals. We are experienced in tailoring a plan for you to achieve your retirement goals including taking advantage of:-
Building your assets is vitally important for your future, but protecting your assets is equally important. How much protection is enough? Ask your adviser to assist you make an informed decision. If something happens to you – or your partner – how will you continue the life you are used to – how much will it cost to maintain your lifestyle for the present and in the future? If you don’t have enough insurance, your life may face drastic and unpleasant changes just at a time when this would compound other difficulties facing you.
The type and amount of insurance you may need depends on:-
We help to manage your risk by reviewing your needs regularly to ensure you have the right type and amount of insurance as your personal circumstances change.
It is good to know that whatever happens, your life – or the life of your family – can continue as well as possible in changed circumstances.
Families are at the heart of financial planning. Making sure that everyone is looked after when one member dies is something that can make a huge difference to the financial position of the rest of the family. As your financial adviser, we can assist you to structure your estate effectively so that:-
This is even more important when a small business or companies and trusts are involved.
If finance isn’t your specialty you can rely on your financial adviser to assist you through the jargon and explain simply financial terms and concepts and make sure you understand how it all works.
As your circumstances change you will need to update the way your finances are structured.
A financial adviser can do this for you – making sure you are in the good shape to take the next step on your financial journey – from single to married to parents to new career/jobs and even grandparents and retirement.