Financial Challenges We Solve
Many people believe that the sole purpose of engaging a financial adviser is to manage their investment portfolio. Although this is an important component of our role, it is only one part of a properly developed, comprehensive wealth plan.
A sample of questions that we help our clients answer are listed below:
Lifestyle
- What does my ideal life look like and can I afford it?
- What is important about money to me?
- What issues keep me awake at night and what are the potential solutions?
- How much money will I need to retire on and are my retirement plans realistic?
- How do I stay on top of changes to legislation over time that impact my financial plans?
- What fees am I currently paying and is this fair and reasonable for the value I receive?
- Do I manage my cashflow in the most tax effective manner?
- Would my financial security be threatened if something happened to a member of my family?
- How am I tracking against my objectives?
Investments
- How much risk am I currently exposed to?
- How much risk do I need in my life to achieve my lifestyle goals?
- Where should I invest my money?
- How much money should I have invested in the stockmarket?
- Are my investments in the most effective name or structure?
- Am I using superannuation appropriately?
- Do I have a framework for making investment decisions or do I rely on the media and others whose motivations may not be aligned with my interests?
- How do my investment returns compare to others?
- Can I be smarter with my money?
Legacy
- Would my family be financially comfortable if I wasn’t around?
- Are there any gaps in my estate plans that could cause unintended complications for my family?
- Will my assets pass to my intended beneficiaries’ tax effectively?
- Am I providing my beneficiaries with appropriate asset protection from predators?
- Have I done a thorough risk assessment of my situation to identify gaps that need to be addressed?
- Am I in a position to establish a philanthropic strategy to provide a legacy for my family?
- How should I measure success?
If you are currently asking yourself some or all of these questions, then we may be able to assist you in making better decisions.