Wealth Services
Wealth Improvement Program
We start with a lifestyle/financial fact find and risk questionnaire that pinpoints short, medium and long-term aspirations, risk appetite, current financial position, etc. This leads to a written financial plan outlining the most effective ways of achieving identified goals.
Financial Fact Find
Plan and achieve your financial goals
The Financial Fact Find is designed to provide our Financial Advice Partners with accurate detailed information as to your current personal and financial position. Financial advice usually covers the following keys areas.
Considers your overall financial position including your short, medium and long term goals and will cover each of the individual areas listed below (where relevant). The end result will be a comprehensive financial plan that will include the analysis, recommendations and projections of anticipated outcomes.
Covers a broad range of areas including rollovers, personal super, master trusts, employer super and self managed super funds. The advice will consider your existing arrangements and will make recommendations to maximise your superannuation savings. It will also consider your retirement goals and in conjunction with your existing position, project them forward to your intended retirement date and beyond.
This service reviews your existing level of insurance in light of your current and anticipated needs. Recommendations will be made on the structure, ownership, type and levels of cover that will best suit your personal situation and needs.
Considers how best to structure your existing investments and savings capacity to maximise your wealth. Strategies may include gearing, direct shares, property trusts, managed funds, cash management trusts and tax effective investments.
Is process of ensuring that in the event of your death, your estate is distributed in accordance with your wishes. This will involve consideration of asset protection strategies, the needs of current and future beneficiaries, taxation, testamentary trusts, existing assets and superannuation.
Investment Risk Profile
Minimise Risk, Maximise Return
Investment risk can be described as the potential for actual investment returns to vary from expectations. The higher the level of investment returns you are seeking, the more risk you generally need to be prepared to accept. Not everyone has the same attitude to risk. An Investment Risk Profile is basically a general description regarding an investor's attitude to risk.
In order to select investments that have the potential to offer a level of return that you desire, at a level of risk that you are comfortable with, it is important that you understand your attitude to risk.
A simple 12 point questionnaire
We appreciate that assessing your risk tolerance is difficult and you may never have thought about it. To make the process easier we utilise a simple 12 point multiple choice questionnaire, a process which gives an indication of your investment risk profile in just a few minutes.
A copy of the completed risk profile will be stored in the members area, and can be printed or forwarded by our consultants. Please click log in at the top and register to access our self help forms.
Frequently Asked Questions
Can my risk profile change?
It is quite likely that your attitude to investment risk will change over time. This may be the result of investment market experience, or changing personal circumstances such as a change in employment status, family members becoming no longer dependent upon you, or receipt of an inheritance or unexpected windfall.
What if my risk profile is different to my partner's?
It is quite common that you and your partner will have a different attitude to Investment Risk. You should answer the questions as to how you feel, not what you think we or your partner want you to say. It is our role to assist you and your partner cater for the different attitude to risk.
What should I do if my risk profile changes?
If your attitude to risk changes, your investments may no longer be suitable. You should contact us immediately to arrange a review of your financial plan and investments should you feel your Risk Profile has changed.
Do I have to invest according to my risk profile?
No, there are a number of reasons why it may be necessary for you to invest differently than your risk Profile may suggest. These could include investing more conservatively if you require access to capital in the short to medium term, or investing more aggressively if you have started your investments later in life and have to take on additional risk in an attempt to achieve higher returns to meet your financial objectives.